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2-bed · 1,676 sqftOpera Grand, Downtown Dubai · 16th floor · completed 2021

1605, Opera Grand

Sold prices and rental history: sold twice, last in November 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 6 October 2023
Last soldAED 4.5M28 November 2021
Current rentAED 330K /yr6 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1605, Opera Grand

What is 1605 worth today?

Last sold for AED 4,500,000 in 2021

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6 Oct 2023RentedNew contract
AED 330,000/yr12 months · AED 197 per sqft
1 Feb 2023RentedNew contract
AED 280,000/yr12 months · AED 167 per sqft
28 Nov 2021SoldOff-plan
AED 4,500,000AED 2,684 per sqft
8 Aug 2014Sold by developerOff-plan
AED 4,724,888AED 2,818 per sqft

Source: Dubai Land Department. Updated 6 October 2023.

Key facts

Type
2-bed apartment
Size
1,676 sqft
Floor
16th of 67
Parking
B3-118
Developer
Emaar
Completed
2021
Service charge
AED 38,600 /yr
Last sold
AED 4.5M · November 2021
Building
Opera Grand

About 1605, Opera Grand

1605 is a two-bedroom apartment of 1,676 sqft on the 16th floor of Opera Grand, a 67-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 28 November 2021 for AED 4,500,000, or AED 2,684 per sqft, 30% below the AED 3,847 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 6 October 2023, is AED 330,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 38,600 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in Opera Grand
4M6M2014201820222026Typical sale price by year: 2014 AED 4,872,888; 2015 AED 4,901,388; 2017 AED 5,594,444; 2018 AED 3,300,000; 2019 AED 3,954,444; 2020 AED 6,472,888; 2021 AED 6,529,727; 2022 AED 5,090,388; 2023 AED 4,318,592; 2024 AED 4,550,000; 2025 AED 4,750,000; 2026 AED 4,725,000Sold by developer, August 2014: AED 4,724,888 (AED 2,818 per sqft)Sold, November 2021: AED 4,500,000 (AED 2,684 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in Opera Grand
200K300K202220242026Typical rent by year: 2022 AED 202,500; 2023 AED 225,000; 2024 AED 240,000; 2025 AED 240,000; 2026 AED 225,000New contract, February 2023: AED 280,000 a yearNew contract, October 2023: AED 330,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Opera Grand, and where 1605 sits

All 148 2-beds →

1605 last sold in November 2021 at AED 2,684 per sqft, 30% below what two-beds in Opera Grand were fetching at the time (AED 3,847). Over the last 12 months two-beds sold for AED 3,750,000 to 7,000,000, around AED 2,795 per sqft, and rent for AED 146,475 to 350,000 a year. 1605's AED 330,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Aug 20264,650,000
20 Jul 20265,100,000
16 Jul 20264,800,000
13 Jul 20263,800,000
13 2-bed sales in the last 12 months

Opera Grand

Building

293 apartments, 1-bed to 5-bed over 67 floors in Downtown Dubai, completed in 2021 by Emaar. 23 sold in the last 12 months.

Typical price per sqft
AED 3,034 Up 4.2%
Typical sale
AED 5.1M
Typical rent
AED 235K /yr
Typical yield
5.1%
Opera Grand, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 293 units in Opera Grand
Value
16012-bedAED 4M · May 2024
16022-bedAED 6.72M · Sep 2021
16033-bedAED 9.75M · Dec 2025
16042-bedAED 6.52M · Oct 2014

1605, Opera Grand in numbers

  • Sold twice: first on 8 August 2014 for AED 4,724,888, last on 28 November 2021 for AED 4,500,000 (AED 2,684 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 280,000 to AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 38,600 a year (AED 23.00 per sqft).
  • Two-beds in Opera Grand sold for AED 3,750,000–7,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,034 per sqft.

Source: Dubai Land Department. Updated 6 October 2023.

Questions about 1605, Opera Grand

What did unit 1605 last sell for?

AED 4,500,000 on 28 November 2021: AED 2,684 per sqft for 1,676 sqft. The unit has 2 registered sales; the first was AED 4,724,888 in August 2014.

What is the rent for unit 1605?

AED 330,000 a year on the contract signed on 6 October 2023. The previous contract, from February 2023, was AED 280,000.

How big is unit 1605?

1,676 sqft (155.7 sqm): a two-bedroom apartment on the 16th floor of a 67-storey tower completed in 2021.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Opera Grand sold for AED 3,750,000 to 7,000,000 in the last 12 months, around AED 2,795 per sqft.

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Mortgage on 1605, Opera Grand

Starts from the last sale price (AED 4.5M, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →