Act One | Act Two - Downtown Burj Dubai

Act One I Act Two are the last residential developments that will be launched in Downtown Dubai. The two 52 storey buildings are located within the Opera District and have 1, 2 and 3 bedroom units. The project will be completed in November 2020.

Master Community: Downtown Burj Dubai
Property Types Available: Apartments
Location: Sheikh Zayed Road
Status: Under Construction
Year Launched: 2016
Estimated Completion Date: November 2020
Developer: Emaar
Title Type: Freehold
Quality Classification: High-end
Height Classification: High-rise
Life Cycle: Launch Stage
Under-Construction Apartments: 394
Floors: 52

Lookup.ae reports prices and transactional information for Downtown Burj Dubai

Act One|Act Two at The Opera District

 Published on Aug 08 2016   261 Views

 Source: Emaar

 Category: Project Introduction

The residential towers, Act One I Act Two, rise at the heart of the Opera District, flanking The Opera House. Their design was inspired by the iconic Dubai Fountain and, apart from providing a dynamic facade; act as a gateway to the world's most notable project, Burj Khalifa.

Inspired by one of Dubai's most popular attractions, Act One I Act Two embody the dynamic features of the dancing Dubai Fountain. The stepping massing creates a unique exterior facade while maintaining a practical purpose. The horizontal stepping creates wider views of Burj Khalifa while the vertical stepping reflects the dancing fountain's vertical motion. Both towers act as a gateway for Burj Khalifa and the podium connection acts as a frame, providing pedestrians passing under it with an interesting experience.

Act One I Act Two host a range of apartments spanning one, two and three bedroom units. The interiors of Act One I Act Two are tastefully designed and crafted to embody style and contemporary class.

Downtown Dubai, Emaar's flagship development, is a mixed-use, 500-acre project, and boasts world-class assets including commercial, residential, hospitality, entertainment, shopping, and leisure. The integrated development is set in open, green spaces and is dotted with lakes and other distinct water features, making something as simple as a walk a memorable and enchanting experience.

PAYMENT PLAN: 60% Installment in 3 Years, 40% on Handover in November 2020

Act One | Act Two: - last residential development in Downtown - close to selling out

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About Act One | Act Two

General Guide

- Two twin towers, part of the Opera District of Downtown Dubai.

- Total of 394 units (one, two and three bedroom units)

- Launch prices range from 2,050 - 2,500 per sq. ft.

Launch prices ranges

1 Bedrooms: AED 1.45 - 1.70 million

2 Bedrooms: AED 2.25 - 3.3 million

3 Bedrooms: AED 3.75 - 4.5 million

Payment-Plan

  • 10% Down
  • 10% in February 2017
  • 10% in August 2017
  • 10% in February 2018
  • 10% in December 2018
  • 10% in November 2019
  • 40% on completion

Sales Report & Feasibility

- Launch prices ranged from AED 2,070 - 2,500 per sq. ft.

- Act One / Act Two represented among the last residential towers in Downtown Dubai. In order to appreciate the incredible value for money in Downtown Dubai, please contact one our area experts to arrange a detailed presentation & investment feasibility.

- In summary, these towers were exceptionally well priced for their location. The Opera Grand development right next door was launched in 2014 at prices of AED 3,500 - 4,500 per sq. ft. In Act One / Act Two, similar front-facing/fountain/Burj Khalifa view apartments were selling for between AED 2,400 - 2,500 per sq. ft.

- In addition, Act One / Act Two are considered the last major launch within the heart of Downtown Dubai (except for one Vida Hotel which will be launched in the near future and also in the Opera District).

Project Completion Status (as per DLD): 0.20% (as of Sept 30, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 195

Project Number: 1773

Real Estate Developer: Emaar Properties

Trust Account Number: 0201024661426

Account Trustee Name: Emirates NBD

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

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