2-bed · 1,676 sqftOpera Grand, Downtown Dubai · 5th floor · completed 2021

505, Opera Grand

Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 6 January 2025
Last soldAED 4.68M7 January 2015
Current rentAED 250K /yr6 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Opera Grand

What is 505 worth today?

Last sold for AED 4,680,888 in 2015

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6 Jan 2025RentedNew contract
AED 250,000/yr12 months · AED 149 per sqft
6 Jan 2025RentedNew contract
AED 250,000/yr12 months · AED 149 per sqft
30 Jun 2023RentedNew contract
AED 230,000/yr12 months · AED 137 per sqft
7 Jan 2015Sold by developerOff-plan
AED 4,680,888AED 2,792 per sqft

Source: Dubai Land Department. Updated 6 January 2025.

Key facts

Type
2-bed apartment
Size
1,676 sqft
Floor
5th of 67
Parking
B2-17
Developer
Emaar
Completed
2021
Service charge
AED 38,600 /yr
Last sold
AED 4.68M · January 2015
Building
Opera Grand

About 505, Opera Grand

505 is a two-bedroom apartment of 1,676 sqft on the 5th floor of Opera Grand, a 67-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 7 January 2015 for AED 4,680,888, or AED 2,792 per sqft, in line with the AED 2,838 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 6 January 2025, is AED 250,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 38,600 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, January 2015: AED 4,680,888 (AED 2,792 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in Opera Grand
200K225K250K202220242026Typical rent by year: 2022 AED 202,500; 2023 AED 225,000; 2024 AED 240,000; 2025 AED 240,000; 2026 AED 225,000New contract, June 2023: AED 230,000 a yearNew contract, January 2025: AED 250,000 a yearNew contract, January 2025: AED 250,000 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 505 sits

All 148 2-beds →

505 last sold in January 2015 at AED 2,792 per sqft, in line with what two-beds in Opera Grand were fetching at the time (AED 2,838). 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. 505's AED 250,000 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 5th floor

All 293 units in Opera Grand
Value
5012-bedAED 4.88M · Nov 2022
5022-bedAED 6.34M · Nov 2014
5033-bedAED 10.49M · Nov 2014
5042-bedAED 6.46M · Sep 2014

505, Opera Grand in numbers

  • Sold once: by Emaar on 7 January 2015 for AED 4,680,888, or AED 2,792 per sqft.
  • Rented since June 2023 on 3 Ejari contracts, from AED 230,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2015 price is 5.3%, 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 January 2025.

Questions about 505, Opera Grand

What did unit 505 last sell for?

AED 4,680,888 on 7 January 2015, sold by the developer: AED 2,792 per sqft for 1,676 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 250,000 a year on the contract signed on 6 January 2025. The previous contract, from January 2025, was AED 250,000; the unit has been rented since June 2023.

How big is unit 505?

1,676 sqft (155.7 sqm): a two-bedroom apartment on the 5th floor of a 67-storey tower completed in 2021.

What is unit 505 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 505, Opera Grand

Starts from the last sale price (AED 4.68M, 7 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,680,888
Deposit, UAE resident (20%)
AED 936,178
Deposit, non-resident (40%)
AED 1,872,355
Monthly over 25 years at 3.7%
AED 19,151

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