1-bed · 716 sqftOpera Grand, Downtown Dubai · 65th floor · completed 2021

6503, Opera Grand

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6503 · DLD and Ejari recordsUpdated 17 August 2024
Last soldAED 2.15M25 November 2019
Current rentAED 126K /yr17 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6503, Opera Grand

What is 6503 worth today?

Last sold for AED 2,152,888 in 2019

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17 Aug 2024RentedRenewal
AED 126,000/yr12 months · AED 176 per sqft
17 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 168 per sqft
30 Jul 2022RentedNew contract
AED 120,000/yr12 months · AED 168 per sqft
25 Nov 2019Sold by developerOff-plan
AED 2,152,888AED 3,005 per sqft

Source: Dubai Land Department. Updated 17 August 2024.

Key facts

Type
1-bed apartment
Size
716 sqft
Floor
65th of 67
Parking
B4-90
Developer
Emaar
Completed
2021
Service charge
AED 16,500 /yr
Last sold
AED 2.15M · November 2019
Building
Opera Grand

About 6503, Opera Grand

6503 is a one-bedroom apartment of 716 sqft on the 65th floor of Opera Grand, a 67-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 25 November 2019 for AED 2,152,888, or AED 3,005 per sqft, in line with the AED 2,934 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 17 August 2024, is AED 126,000 a year: a gross yield of 5.9% on the 2019 price, before the service charge of about AED 16,500 a year.

Sales and rents for 6503 over time

Sales
Unit 6503, each saleTypical one-bed in Opera Grand
2.2M2.4M20182020202220242026Typical sale price by year: 2018 AED 2,171,888; 2019 AED 2,144,888; 2020 AED 2,155,888; 2022 AED 2,244,444; 2023 AED 2,161,000; 2024 AED 2,350,000; 2025 AED 2,400,000Sold by developer, November 2019: AED 2,152,888 (AED 3,005 per sqft)

6503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6503, each contractTypical one-bed in Opera Grand
120K140K202220242026Typical rent by year: 2022 AED 115,000; 2023 AED 117,000; 2024 AED 117,000; 2025 AED 140,000; 2026 AED 120,000New contract, July 2022: AED 120,000 a yearNew contract, August 2023: AED 120,000 a yearRenewal, August 2024: AED 126,000 a year

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

1-beds in Opera Grand, and where 6503 sits

All 29 1-beds →

6503 last sold in November 2019 at AED 3,005 per sqft, in line with what one-beds in Opera Grand were fetching at the time (AED 2,934). Over the last 12 months one-beds sold for AED 2,250,000 to 2,400,000, around AED 3,136 per sqft, and rent for AED 90,000 to 180,000 a year. 6503's AED 126,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20262,250,000
27 Mar 20262,400,000
17 Jun 20252,700,000
22 Apr 20252,400,000
2 1-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 65th floor

All 293 units in Opera Grand
Value
65014-bedAED 17.18M · Jan 2022
65024-bedAED 16.9M · Oct 2023

6503, Opera Grand in numbers

  • Sold once: by Emaar on 25 November 2019 for AED 2,152,888, or AED 3,005 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 120,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2019 price is 5.9%, before a service charge of about AED 16,500 a year (AED 23.00 per sqft).
  • One-beds in Opera Grand sold for AED 2,250,000–2,400,000 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 17 August 2024.

Questions about 6503, Opera Grand

What did unit 6503 last sell for?

AED 2,152,888 on 25 November 2019, sold by the developer: AED 3,005 per sqft for 716 sqft. It is the only registered sale of the unit.

What is the rent for unit 6503?

AED 126,000 a year on the contract renewed on 17 August 2024. The previous contract, from August 2023, was AED 120,000; the unit has been rented since July 2022.

How big is unit 6503?

716 sqft (66.5 sqm): a one-bedroom apartment on the 65th floor of a 67-storey tower completed in 2021.

What is unit 6503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Opera Grand sold for AED 2,250,000 to 2,400,000 in the last 12 months, around AED 3,136 per sqft.

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Mortgage on 6503, Opera Grand

Starts from the last sale price (AED 2.15M, 25 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,152,888
Deposit, UAE resident (20%)
AED 430,578
Deposit, non-resident (40%)
AED 861,155
Monthly over 25 years at 3.7%
AED 8,808

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