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Act One | Act Two

Emaar · Downtown Dubai · 788 homes · Completed

A completed Emaar project in Downtown Dubai: 788 homes, handed over in Apr 2023, a quarter after the Q4 2022 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 3,072 per sqft, 40% above the launch quarter.

Updated 27 Oct 2026
Completed Apr 2023A quarter after Q4 2022 on the register
788 homes1, 2, 3 and 4+ bedrooms
Downtown DubaiDubai Land Department project 1773

Prices. Quarter by quarter since launch.

Launch quarter, Q3 2016AED 2,201/sqft
Median paid, Q3 2026AED 2,827/sqft
Sales, Jul 2025 to Jun 202666
Median paidLatest quarterLaunch quarter AED 2,201
2,0003,000Q3 16: AED 2,201/sqft, 34 salesQ1 17: AED 2,167/sqft, 224 salesQ2 17: AED 2,143/sqft, 10 salesQ3 17: AED 2,347/sqft, 25 salesQ2 18: AED 2,186/sqft, 15 salesQ3 18: AED 2,081/sqft, 10 salesQ4 18: AED 2,137/sqft, 68 salesQ1 19: AED 2,159/sqft, 80 salesQ2 19: AED 2,193/sqft, 42 salesQ3 19: AED 2,145/sqft, 25 salesQ4 20: AED 2,416/sqft, 18 salesQ1 21: AED 2,371/sqft, 18 salesQ2 21: AED 2,411/sqft, 61 salesQ3 21: AED 2,423/sqft, 20 salesQ4 21: AED 2,507/sqft, 34 salesQ1 22: AED 2,479/sqft, 31 salesQ2 22: AED 2,530/sqft, 37 salesQ3 22: AED 2,340/sqft, 41 salesQ4 22: AED 2,549/sqft, 28 salesQ1 23: AED 2,515/sqft, 54 salesQ2 23: AED 2,648/sqft, 57 salesQ3 23: AED 2,808/sqft, 41 salesQ4 23: AED 2,966/sqft, 53 salesQ1 24: AED 2,939/sqft, 28 salesQ2 24: AED 3,007/sqft, 43 salesQ3 24: AED 3,074/sqft, 19 salesQ4 24: AED 3,015/sqft, 31 salesQ1 25: AED 2,940/sqft, 28 salesQ2 25: AED 3,021/sqft, 22 salesQ3 25: AED 3,068/sqft, 24 salesQ4 25: AED 3,173/sqft, 13 salesQ1 26: AED 3,076/sqft, 17 salesQ2 26: AED 3,056/sqft, 12 salesQ3 26: AED 2,827/sqft, 12 salesQ3 16Q2 18Q1 20Q4 21Q3 23Q2 25Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q3 20162,20134
Q1 20172,167224
Q2 20172,14310
Q3 20172,34725
Q2 20182,18615
Q3 20182,08110
Q4 20182,13768
Q1 20192,15980
Q2 20192,19342
Q3 20192,14525
Q4 20202,41618
Q1 20212,37118
Q2 20212,41161
Q3 20212,42320
Q4 20212,50734
Q1 20222,47931
Q2 20222,53037
Q3 20222,34041
Q4 20222,54928
Q1 20232,51554
Q2 20232,64857
Q3 20232,80841
Q4 20232,96653
Q1 20242,93928
Q2 20243,00743
Q3 20243,07419
Q4 20243,01531
Q1 20252,94028
Q2 20253,02122
Q3 20253,06824
Q4 20253,17313
Q1 20263,07617
Q2 20263,05612
Q3 20262,82712

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ4 2022Q2 20231 quarter latePrice / sqftAED 2,201AED 3,072+40% on launch, resale median
Against the area. Median paid.
Act One | Act Two3,072

3% over the Downtown Dubai median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was Act One | Act Two handed over?

In Apr 2023, when the first ready-market sale was registered. The register declared completion for Q4 2022, so it handed over a quarter late.

What do homes in Act One | Act Two sell for?

From Jul 2025 to Jun 2026, 66 homes sold on the register at a median of AED 3,072 per sqft and AED 2.85M per home. By unit type: 1 BR AED 2.2M (27 sales), 2 BR AED 3.3M (23 sales), 3 BR AED 5.45M (16 sales). These are registered deeds, not the developer's price list.

Who built Act One | Act Two?

Emaar. The project is registered to Emaar on the Dubai Land Department register, which lists 346 projects for the developer in Dubai, 145 of them under construction. 77 of its 121 dated handovers came within 3 months of the promised date.

How many homes are in Act One | Act Two?

788, as counted on the Dubai Land Department register. The declared mix: 250 1 BR, 352 2 BR, 170 3 BR, 6 4+ BR.

More in Downtown Dubai. 54 projects.

Promised Q4 2027Binghatti SkybladeAED 3,910/sqft paid596 homes · buildingPromised Q4 2026The St. Regis Residences, Downtown DubaiAED 3,116/sqft paid1,108 homes · buildingCompletedBurj Khalifa TowersAED 3,050/sqft paid1,078 homesPromised Q1 2027One ResidenceAED 2,934/sqft paid458 homes · buildingCompleted 2023ForteAED 2,908/sqft paid927 homes · 2 quarters latePromised Q3 2027Solara Tower DubaiAED 3,462/sqft paid231 homes · buildingCompleted 2023The Address Dubai OperaAED 3,866/sqft paid873 homes · on timeCompleted29 BoulevardAED 2,343/sqft paid756 homes

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