2-bed · 1,717 sqftOpera Grand, Downtown Dubai · 20th floor · completed 2021

2001, Opera Grand

Sold prices and rental history: sold once, by the developer in October 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 7 July 2024
Last soldAED 4.7M22 October 2014
Current rentAED 170K /yr7 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Opera Grand

What is 2001 worth today?

Last sold for AED 4,704,888 in 2014

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7 Jul 2024RentedRenewal
AED 170,000/yr12 months · AED 99 per sqft
7 Jul 2023RentedRenewal
AED 170,000/yr12 months · AED 99 per sqft
7 Jul 2022RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
22 Oct 2014Sold by developerOff-plan
AED 4,704,888AED 2,740 per sqft

Source: Dubai Land Department. Updated 7 July 2024.

Key facts

Type
2-bed apartment
Size
1,717 sqft
Floor
20th of 67
Parking
B4-100
Developer
Emaar
Completed
2021
Service charge
AED 39,500 /yr
Last sold
AED 4.7M · October 2014
Building
Opera Grand

About 2001, Opera Grand

2001 is a two-bedroom apartment of 1,717 sqft on the 20th floor of Opera Grand, a 67-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 22 October 2014 for AED 4,704,888, or AED 2,740 per sqft, 4% below the AED 2,850 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 7 July 2024, is AED 170,000 a year: a gross yield of 3.6% on the 2014 price, before the service charge of about AED 39,500 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, 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, October 2014: AED 4,704,888 (AED 2,740 per sqft)

2001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2001, each contractTypical two-bed in Opera Grand
200K250K202220242026Typical rent by year: 2022 AED 202,500; 2023 AED 225,000; 2024 AED 240,000; 2025 AED 240,000; 2026 AED 225,000New contract, July 2022: AED 170,000 a yearRenewal, July 2023: AED 170,000 a yearRenewal, July 2024: AED 170,000 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 2001 sits

All 148 2-beds →

2001 last sold in October 2014 at AED 2,740 per sqft, 4% below what two-beds in Opera Grand were fetching at the time (AED 2,850). 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. 2001's AED 170,000 is in the lower 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 20th floor

All 293 units in Opera Grand
Value
20023-bedAED 8.57M · May 2022
20032-bedAED 6.55M · Aug 2015
20043-bedAED 8.32M · Apr 2016
20052-bedAED 4.86M · Oct 2014

2001, Opera Grand in numbers

  • Sold once: by Emaar on 22 October 2014 for AED 4,704,888, or AED 2,740 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2014 price is 3.6%, before a service charge of about AED 39,500 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 7 July 2024.

Questions about 2001, Opera Grand

What did unit 2001 last sell for?

AED 4,704,888 on 22 October 2014, sold by the developer: AED 2,740 per sqft for 1,717 sqft. It is the only registered sale of the unit.

What is the rent for unit 2001?

AED 170,000 a year on the contract renewed on 7 July 2024. The previous contract, from July 2023, was AED 170,000; the unit has been rented since July 2022.

How big is unit 2001?

1,717 sqft (159.5 sqm): a two-bedroom apartment on the 20th floor of a 67-storey tower completed in 2021.

What is unit 2001 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 2001, Opera Grand

Starts from the last sale price (AED 4.7M, 22 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,704,888
Deposit, UAE resident (20%)
AED 940,978
Deposit, non-resident (40%)
AED 1,881,955
Monthly over 25 years at 3.7%
AED 19,249

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