2-bed · 1,186 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 10th floor · completed 2023

1004, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 23 April 2025
Last soldAED 3.45M8 June 2023
Current rentAED 265K /yr23 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, The Address Residences Dubai Opera T1

What is 1004 worth today?

Last sold for AED 3,450,000 in 2023

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23 Apr 2025RentedNew contract
AED 265,000/yr12 months · AED 224 per sqft
23 Apr 2025RentedNew contract
AED 265,000/yr12 months · AED 224 per sqft
1 Apr 2024RentedNew contract
AED 320,000/yr12 months · AED 270 per sqft
8 Jun 2023SoldReady
AED 3,450,000AED 2,908 per sqft
13 Aug 2018Sold by developerOff-plan
AED 3,050,888AED 2,572 per sqft

Source: Dubai Land Department. Updated 23 April 2025.

Key facts

Type
2-bed apartment
Size
1,186 sqft
Floor
10th of 62
Parking
B3-3176
Developer
Emaar
Completed
2023
Service charge
AED 34,800 /yr
Last sold
AED 3.45M · June 2023

About 1004, The Address Residences Dubai Opera T1

1004 is a two-bedroom apartment of 1,186 sqft on the 10th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 8 June 2023 for AED 3,450,000, or AED 2,908 per sqft, 5% below the AED 3,048 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 23 April 2025, is AED 265,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 34,800 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in The Address Residences Dubai Opera T1
3M4M2016201920222025Typical sale price by year: 2016 AED 3,251,888; 2017 AED 3,174,888; 2018 AED 3,113,888; 2019 AED 3,176,388; 2020 AED 3,251,888; 2021 AED 3,363,888; 2022 AED 3,563,388; 2023 AED 4,000,000; 2024 AED 4,150,000; 2025 AED 4,300,000; 2026 AED 4,000,000Sold by developer, August 2018: AED 3,050,888 (AED 2,572 per sqft)Sold, June 2023: AED 3,450,000 (AED 2,908 per sqft)

1004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in The Address Residences Dubai Opera T1
250K300K2024202520262027Typical rent by year: 2024 AED 272,000; 2025 AED 260,000; 2026 AED 235,000New contract, April 2024: AED 320,000 a yearNew contract, April 2025: AED 265,000 a yearNew contract, April 2025: AED 265,000 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 The Address Residences Dubai Opera T1, and where 1004 sits

All 260 2-beds →

1004 last sold in June 2023 at AED 2,908 per sqft, 5% below what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,048). Over the last 12 months two-beds sold for AED 3,280,000 to 7,300,000, around AED 3,353 per sqft, and rent for AED 160,000 to 410,000 a year. 1004's AED 265,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20266,535,000
22 Sep 20264,000,000
17 Sep 20264,000,000
17 Sep 20264,000,000
20 2-bed sales in the last 12 months

The Address Residences Dubai Opera T1

Building

458 apartments, 1-bed to 5-bed over 62 floors in Downtown Dubai, completed in 2023 by Emaar. 30 sold in the last 12 months.

Typical price per sqft
AED 3,573 Down 10.3%
Typical sale
AED 4M
Typical rent
AED 250K /yr
Typical yield
5.7%
The Address Residences Dubai Opera T1, Downtown Dubai: prices, sales and rents →
Value
10013-bedAED 5.78M · Jul 2016
10023-bedAED 7.5M · Jan 2024
10032-bedAED 3.5M · Mar 2023
10051-bedAED 2.15M · Jul 2016
10062-bedAED 3.03M · Jul 2016
10072-bedAED 3.19M · Jul 2016
10082-bedAED 4.4M · Oct 2022
1–7 of 8

1004, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 13 August 2018 for AED 3,050,888, last on 8 June 2023 for AED 3,450,000 (AED 2,908 per sqft).
  • Rented since April 2024 on 3 Ejari contracts, from AED 320,000 to AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 34,800 a year (AED 29.33 per sqft).
  • Two-beds in The Address Residences Dubai Opera T1 sold for AED 3,280,000–7,300,000 in the 12 months to November 2026; the building's median across all types is AED 3,573 per sqft.

Source: Dubai Land Department. Updated 23 April 2025.

Questions about 1004, The Address Residences Dubai Opera T1

What did unit 1004 last sell for?

AED 3,450,000 on 8 June 2023: AED 2,908 per sqft for 1,186 sqft. The unit has 2 registered sales; the first was AED 3,050,888 in August 2018.

What is the rent for unit 1004?

AED 265,000 a year on the contract signed on 23 April 2025. The previous contract, from April 2025, was AED 265,000; the unit has been rented since April 2024.

How big is unit 1004?

1,186 sqft (110.2 sqm): a two-bedroom apartment on the 10th floor of a 62-storey tower completed in 2023.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residences Dubai Opera T1 sold for AED 3,280,000 to 7,300,000 in the last 12 months, around AED 3,353 per sqft.

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Mortgage on 1004, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.45M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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