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Mon 8 Aug 2016 10:38 AM

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Apartments at Emaar’s Act One, Act Two to cost AED3.9m

Penthouse prices undisclosed at luxury residential scheme next to Dubai Opera

Apartments at Emaar’s Act One, Act Two to cost AED3.9m

Prices at Emaar Properties’ new luxury residential scheme next to Dubai Opera range from AED1.4 million ($391,000) to AED3.9 million ($1.06 million) – and more for a penthouse, the company has revealed.

Emaar on Sunday announced the launch of its ‘Act One | Act Two’ residences in Downtown Dubai.

The scheme comprises 718 one-, two- and three-bedroom apartments and a collection of penthouses contained within a 52-storey and a 46-storey tower overlooking the Burj Khalifa, Mohammed bin Rashid Boulevard and soon-to-be-completed Dubai Opera building.

A sales launch is planned in London on Wednesday and Dubai on Thursday.

The company on Monday provided Arabian Business with details of the cost of the apartments. It said prices start at AED1.437 million for a 1-bedroom, AED2.267 million ($617,000) for a 2-bedroom and AED3.913 million ($1.06 million) for a 3-bedroom.

It did not disclose the cost of the penthouses.

The scheme is scheduled for handover in the second half of 2020 but no further details about the construction schedule were announced.

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