2-bed · 1,675 sqftOpera Grand, Downtown Dubai · 56th floor · completed 2021

5604, Opera Grand

Sold prices and rental history: sold twice, last in August 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5604 · DLD and Ejari recordsUpdated 16 October 2024
Last soldAED 4.8M3 August 2023
Current rentAED 225K /yr16 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5604, Opera Grand

What is 5604 worth today?

Last sold for AED 4,800,000 in 2023

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16 Oct 2024RentedRenewal
AED 225,000/yr12 months · AED 134 per sqft
16 Oct 2023RentedNew contract
AED 225,000/yr12 months · AED 134 per sqft
3 Aug 2023SoldReady
AED 4,800,000AED 2,866 per sqft
17 Oct 2022RentedNew contract
AED 225,000/yr12 months · AED 134 per sqft
13 Feb 2020Sold by developerOff-plan
AED 4,744,888AED 2,833 per sqft

Source: Dubai Land Department. Updated 16 October 2024.

Key facts

Type
2-bed apartment
Size
1,675 sqft
Floor
56th of 67
Parking
B2-14
Developer
Emaar
Completed
2021
Service charge
AED 38,500 /yr
Last sold
AED 4.8M · August 2023
Building
Opera Grand

About 5604, Opera Grand

5604 is a two-bedroom apartment of 1,675 sqft on the 56th floor of Opera Grand, a 67-storey tower in Downtown Dubai completed in 2021 by Emaar. It last sold on 3 August 2023 for AED 4,800,000, or AED 2,866 per sqft, 12% above the AED 2,562 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 16 October 2024, is AED 225,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 38,500 a year.

Sales and rents for 5604 over time

Sales
Unit 5604, 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, February 2020: AED 4,744,888 (AED 2,833 per sqft)Sold, August 2023: AED 4,800,000 (AED 2,866 per sqft)

5604 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5604, each contractTypical two-bed in Opera Grand
200K220K240K202220242026Typical rent by year: 2022 AED 202,500; 2023 AED 225,000; 2024 AED 240,000; 2025 AED 240,000; 2026 AED 225,000New contract, October 2022: AED 225,000 a yearNew contract, October 2023: AED 225,000 a yearRenewal, October 2024: AED 225,000 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 5604 sits

All 148 2-beds →

5604 last sold in August 2023 at AED 2,866 per sqft, 12% above what two-beds in Opera Grand were fetching at the time (AED 2,562). 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. 5604's AED 225,000 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 56th floor

All 293 units in Opera Grand
Value
56012-bedAED 4.55M · Feb 2026
56024-bedAED 13.05M · Sep 2017
56033-bedAED 11.28M · Jul 2020
56051-bedAED 2.29M · Jul 2022

5604, Opera Grand in numbers

  • Sold twice: first on 13 February 2020 for AED 4,744,888, last on 3 August 2023 for AED 4,800,000 (AED 2,866 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, at AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 38,500 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 16 October 2024.

Questions about 5604, Opera Grand

What did unit 5604 last sell for?

AED 4,800,000 on 3 August 2023: AED 2,866 per sqft for 1,675 sqft. The unit has 2 registered sales; the first was AED 4,744,888 in February 2020.

What is the rent for unit 5604?

AED 225,000 a year on the contract renewed on 16 October 2024. The previous contract, from October 2023, was AED 225,000; the unit has been rented since October 2022.

How big is unit 5604?

1,675 sqft (155.6 sqm): a two-bedroom apartment on the 56th floor of a 67-storey tower completed in 2021.

What is unit 5604 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 5604, Opera Grand

Starts from the last sale price (AED 4.8M, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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