Palm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqftPalm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqft
DLD · MEDIAN 12M TO JUL 2026
DISTRESS DEAL: 3-BR + Maid's IN ACT TWO

Distress Deal

DISTRESS DEAL: 3-BR + Maid's IN ACT TWO

Asking PriceAED 4,850,000
Size1509 sq.ft
Bedrooms3
Price / Sq.FtAED 3,214
Available
Listed 23 July 2026Status confirmed 3 August 2026

Available when we last checked on 3 August 2026. The asking price shown is the one published when the listing was added on 23 July 2026, 11 days before that check, and it is not re-checked against the market automatically. Confirm availability and price with us before you act on it.

Interested in DISTRESS DEAL: 3-BR + Maid's IN ACT TWO?

Ask us anything about this one — the asking price, the payment terms, the running costs, or how it compares with what else is trading nearby. A member of the Mitchell's team will come back with a straight answer and a clear next step. It takes under a minute, and there's no obligation.

Choose one — the next questions adapt to your answer.

Scan or tap to message Mitchell's on WhatsAppScan or tap to chat

Prefer to connect directly?

On this page

Quick navigation

The numbers

Payment breakdown

UNIT PRICE AED 4,850,000

PAYMENTS ON TRANSFER

Payment to seller AED 4,850,000
DLD Transfer fee 4% + 40 AED AED 194,040
DLD Registration Trustee fee + 5%VAT AED 5,250
Buyer's agent comission 2% + 5%VAT AED 101,850

SUMMARY

Total on Transfer AED 5,151,140
Total remaining Payment Plan AED 0
TOTAL COST FOR BUYER AED 5,151,140

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This is a ready, fully furnished three-bedroom plus maid’s apartment in Act Two, a completed Emaar development in Downtown Dubai’s Opera District. The property spans 1,509 sq.ft and is positioned on a high floor (24-30), offering direct Burj Khalifa views and a balcony. The current asking price is AED 4,850,000, which stands at 14.9% below the prevailing market reference of AED 5,700,000. This equates to AED 3,214 per square foot, notably undercutting recent transaction benchmarks in the building and wider Downtown Dubai area. With no outstanding payment plan and a total buyer cost of AED 5,151,140 (including transfer), this listing presents an immediate, straightforward acquisition opportunity. The deal thesis is clear: a high-spec, ready unit in a prime tower, available at a substantial discount to both recent sales and current listings, in a segment where supply is typically constrained.

LOCATION & TRANSPORT

Act Two is situated in the heart of Downtown Dubai’s Opera District, directly on Sheikh Mohammed bin Rashid Boulevard. This location places residents within walking distance of Dubai Opera, the Burj Khalifa, and Dubai Mall, as well as a broad range of restaurants, cafes, and cultural venues. The area is well-served by public transport, with the Burj Khalifa/Dubai Mall Metro Station less than 10 minutes away on foot, and multiple bus routes operating along the Boulevard. Sheikh Zayed Road is easily accessible by car, providing direct links to the wider city and Dubai International Airport. For investors, the centrality and connectivity of this address underpin both rental demand and long-term capital preservation.

AMENITIES & SURROUNDING

Residents of Act Two benefit from a comprehensive suite of amenities consistent with Emaar’s flagship developments. The building features a modern, well-equipped gymnasium, temperature-controlled swimming pool, children’s play area, multipurpose rooms, and landscaped podium gardens. There is 24-hour concierge and security, as well as secure basement parking across four levels. The Opera District itself is designed for walkability, with shaded promenades, public art, and direct access to the cultural attractions of Downtown. Retail and dining options are abundant at ground level and in the immediate vicinity, while the proximity to Dubai Mall ensures access to world-class shopping and entertainment. The area’s infrastructure is mature, with established utilities, public spaces, and ongoing investment in public realm improvements.

MARKET

The Downtown Dubai apartment market has demonstrated resilience, with high occupancy rates and sustained rental demand for well-located, ready units. Recent transactions in Act Towers indicate per-square-foot prices typically ranging from AED 2,600 to AED 3,200 for one- and three-bedroom units, with larger, high-floor apartments commanding a premium—especially those with Burj Khalifa views. The current asking price for this unit is at the lower end of this spectrum, offering a tangible entry discount. Buyer profiles in this segment are typically a mix of end-users seeking a central address and investors targeting short- and long-term rental yields. Liquidity for ready, well-presented units in this location remains robust, although the market is sensitive to broader macroeconomic trends and shifts in supply pipeline. Key risk points include potential increases in service charges and the impact of new project launches in the area, though Act Towers’ status as the final residential project in the Opera District masterplan may help insulate values.

CONCLUSION

For investors seeking immediate exposure to Downtown Dubai’s core residential market, this Act Two apartment offers a compelling proposition. The combination of a ready, fully furnished, high-floor unit with Burj Khalifa views and a 14.9% discount to market reference creates a strong value case. The building’s amenities, central location, and connectivity support both rental and resale prospects, while the absence of a remaining payment plan simplifies the acquisition process. While all investments carry inherent risks—particularly in a dynamic market—this listing’s pricing, specification, and address position it as a practical, defensible choice for capital deployment in Dubai’s prime district. The opportunity is best suited to buyers who value immediate possession, centrality, and a clear discount to current market norms, with the potential for both yield and capital appreciation over the medium term.

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 3-BR + Maid's IN ACT TWO behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Listed
23 July 2026

The date this listing was added to our records. The asking price below is the one published then, and was still 11 days old when we last checked this listing on 3 August 2026. It is not re-checked against the market automatically, so confirm it with us before relying on it.

Asking price per sq.ft
AED 3,214/sqft

The asking price divided by the stated size. Compare it against registered sales in the same building before deciding whether the asking price is competitive.

Purchase

Seeded from this page — change it to your figure.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure — we have not assumed one.

0% holds rent flat. It may be negative.

8% is roughly a month plus re-letting.

Letting fees and routine repairs.

Replace with the building's own schedule.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Trustee, title deed, NOC.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Total cash investedThe purchase price plus every cost of getting the keys. It is the denominator of the ROI, ROE and IRR figures.
AED 5.16M
Price plus every acquisition cost
Illustrative exit price
AED 4.85M
After 5 yr at 0.0% p.a.
Total profit, capital onlyCapital movement over the hold, less every purchase and sale cost and the service charge. It carries no rental income at all, because no rent has been set.
−AED 544k
No rent set — costs and capital only
Net yieldNet operating income (rent collected less management, maintenance and service charge) divided by the purchase price. It cannot be calculated until a gross annual rent is set.
Set a gross annual rent
Cash out, and cash back over 5 years
Cash out at t0AED 5,155,850
Cash back, years 1–5AED 4,612,340

Cash back is below cash out on these assumptions: over the whole hold this purchase returns less than it costs. Read the sensitivity table before drawing a conclusion.

Cash required at completion
Purchase priceAED 4,850,000
DLD transfer fee (4%)AED 194,000
Agency fee (2%)AED 97,000
VAT on agency fee (5%)AED 4,850
Conveyancing, trustee & adminAED 10,000
Total cash investedAED 5,155,850

This is the ROI and IRR denominator: the price plus every cost of getting the keys, not the price alone.

No rental evidence is held for this unit. The rent figure is yours to set — we have not assumed one. Until you enter a gross annual rent, the yield, ROI/ROE and IRR figures reflect capital movement and costs only.

Annual operating position
Gross annual rentAED 0
Vacancy allowance (8%)AED 0
Maintenance & managementAED 0
Service charge (1,509 sq ft at AED 18/sq ft)−AED 27,162
Net operating income−AED 27,162
Cash-flow schedule — the 5-year figures the IRR is solved from
YearNet operating incomeSale proceeds, netNet cash flow
0 · today−AED 5,155,850
1−AED 27,162−AED 27,162
2−AED 27,162−AED 27,162
3−AED 27,162−AED 27,162
4−AED 27,162−AED 27,162
5−AED 27,162AED 4,748,150AED 4,720,988
Years 1–5−AED 135,810AED 4,748,150AED 4,612,340
Less the year-0 outflow of AED 5,155,850 → total profit−AED 543,510

Exit at year 5: illustrative sale price AED 4,850,000 less selling costs AED 101,850 = AED 4,748,150 net. The final column is the schedule the IRR is solved from. Rent is held flat in nominal terms — the rent-growth field is at 0% — as is the service charge, so no inflation is assumed on either side.

Sensitivity — the same purchase at −5% to +5% exit growth
Exit growthExit priceTotal profitROIIRR
−5% p.a.AED 3.75M−AED 1.62M
−3% p.a.AED 4.16M−AED 1.21M
0% p.a.your figureAED 4.85M−AED 544k
3% p.a.AED 5.62MAED 213k
5% p.a.AED 6.19MAED 768k

Each row re-runs the whole model with only the exit growth rate changed, over the same 5-year hold. The 0% and negative rows are not a worst case — they are simply what the same purchase returns if prices do not rise. Dubai prices have fallen in the past and can fall again. The return columns are shown as “—” until a gross annual rent is set; the total profit column reflects capital movement, purchase and sale costs and the service charge only.

How each figure is calculated
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

Email my results

We’ll send this scenario — your assumptions and the figures they produce — to your inbox.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

ACT TWODowntown Dubai

Get Directions

Got questions?

Get Answers!
Need help?