Act One Act Two Tower 1
A 2 bed in Act One Act Two Tower 1 costs a median AED 3.37M, rents long-let for AED 183,000/yr (6.20% gross), and returns 6.84% short-let at the assumed 80% occupancy — +0.3 pts vs Downtown Dubai's 5.89% and -0.8 pts vs Dubai's 6.97% — from 26 sales and 223 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 9 in 12 months
- Rental contracts · 2 bed
- 110 in 12 months
- Buy
- 3.37MAED
- AED 2,702/sqft
- Long-let
- 6.20%
- AED 183,000/yr
- Short-let
- 6.84%
- AED 1,012/night · 0.87/sqft
Price per sqft: Median of 9 registered sales of ready units in the last 12 months, most recent August 2026.
Priced off the last 5 sales — most recent August 2026.
- Yield spread
- +0.3 pts
- vs the Downtown Dubai median for this unit type
- Turnover upside
- +4.6%
- new tenants pay more than sitting ones — 150 renewals
- AED/yr/sqft
- AED 158
- Sales
- 26
- Rental contracts
- 223
- Renewal rent
- AED 175,000/yr
- 12 months
- -8.6%
- 3 years
- +2.5%+0.8%/yr
- 5 years
- +11.1%+2.1%/yr
Based on 26 sales and 223 rental contracts in the last 24 months. Rental data covers the whole Act One | Act Two project, not this tower alone.
Act One Act Two Tower 1 is an apartment building in Downtown Dubai, Dubai, one of the towers in the Act One | Act Two development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2016 to 2026, 1,388 registered sales in all — the 26 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Act One Act Two Tower 1, by year.
Chart data: Sep 2016, 2188 AED/sqft; latest, Aug 2026, 2712 AED/sqft; peak, Feb 2026, 3300 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Downtown Dubai median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Act One Act Two Tower 1
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.86 AED/night/sqft; latest Sep 2027, 0.62 AED/night/sqft; peak Jan 2027, 1.4 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Act One Act Two Tower 1 between 2016 and 2023 went for a median of AED 2,317/sqft (AED 2.48M). The same building resells today at AED 3,068/sqft (AED 3.25M) — an uplift of +31.0%.
Based on 499 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
26 resales in the last 12 months, against 71 a year on average over 2023–2025.
Sales
5 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Burj Khalifa
Compare with nearby buildings
The most-traded buildings in Act One | Act Two, on the same figures over the same window.
- Highest rental yields in Downtown Dubai · Act One Act Two Tower 1 places 27th of 55
Common questions
- What is the rental yield in Act One Act Two Tower 1?
- Act One Act Two Tower 1 returns 6.20% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 223 rental contracts registered in the last 24 months.
- How much does a 2 bedroom in Act One Act Two Tower 1 cost?
- The median registered sale price is AED 3.37M (2,909 AED/sqft), from 26 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Act One Act Two Tower 1 selling for right now?
- Registered sales of ready units in Act One Act Two Tower 1 over the last 12 months have a median of 2,702 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Act One Act Two Tower 1 risen or fallen?
- Median price per square foot moved -8.6% over the last 12 months against the 12 before it, on 26 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Act One Act Two Tower 1 compare with Downtown Dubai?
- Its 6.20% gross yield sits +0.3 pts against the Downtown Dubai median of 5.89%, computed at the same bedroom grain over the same 24-month window.
Act One Act Two Tower 1 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 26 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/downtown-dubai/act-one-act-two-tower-1
Cite as: Dubai Wealth Index. “Act One Act Two Tower 1 sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/act-one-act-two-tower-1.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.