3-bed · 1,573 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 12th floor · completed 2023

1202, The Address Residences Dubai Opera T1

Sold prices and rental history: sold 5 times, last in April 2024, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 29 June 2026
Last soldAED 8.25M29 April 2024
Current rentAED 330K /yr29 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, The Address Residences Dubai Opera T1

What is 1202 worth today?

Last sold for AED 8,250,000 in 2024

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29 Jun 2026RentedNew contract
AED 330,000/yr12 months · AED 210 per sqft
29 Apr 2024SoldReady
AED 8,250,000AED 5,243 per sqft
5 Jul 2023SoldReady
AED 7,700,000AED 4,893 per sqft
28 Dec 2022SoldOff-plan
AED 5,700,000AED 3,622 per sqft
9 Aug 2021SoldOff-plan
AED 4,405,407AED 2,799 per sqft
20 Jul 2016Sold by developerOff-plan
AED 5,339,888AED 3,429 per sqft

Source: Dubai Land Department. Updated 29 June 2026.

Key facts

Type
3-bed apartment
Size
1,573 sqft
Floor
12th of 62
Parking
B3-3327, B3-3328
Developer
Emaar
Completed
2023
Service charge
AED 46,200 /yr
Last sold
AED 8.25M · April 2024

About 1202, The Address Residences Dubai Opera T1

1202 is a three-bedroom apartment of 1,573 sqft on the 12th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 29 April 2024 for AED 8,250,000, or AED 5,243 per sqft, 4% above the AED 5,048 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 June 2026. The current contract, signed on 29 June 2026, is AED 330,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 46,200 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in The Address Residences Dubai Opera T1
5M7.5M2016201920222025Typical sale price by year: 2016 AED 6,074,888; 2017 AED 6,247,888; 2018 AED 6,214,888; 2019 AED 6,069,388; 2020 AED 6,117,888; 2021 AED 6,341,888; 2022 AED 6,421,480; 2023 AED 7,650,000; 2024 AED 8,550,000; 2025 AED 9,000,000; 2026 AED 8,700,000Sold by developer, July 2016: AED 5,339,888 (AED 3,429 per sqft)Sold, August 2021: AED 4,405,407 (AED 2,799 per sqft)Sold, December 2022: AED 5,700,000 (AED 3,622 per sqft)Sold, July 2023: AED 7,700,000 (AED 4,893 per sqft)Sold, April 2024: AED 8,250,000 (AED 5,243 per sqft)

1202 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in The Address Residences Dubai Opera T1
350K400K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 415,000; 2026 AED 345,000New contract, June 2026: AED 330,000 a year

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

3-beds in The Address Residences Dubai Opera T1, and where 1202 sits

All 136 3-beds →

1202 last sold in April 2024 at AED 5,243 per sqft, 4% above what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 5,048). Over the last 12 months three-beds sold for AED 2,887,944 to 12,000,000, around AED 5,499 per sqft, and rent for AED 195,000 to 465,150 a year. 1202's AED 330,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Oct 202611,789,776
14 May 20268,600,000
30 Apr 20268,700,000
8 Dec 20252,887,944
5 3-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. 32 sold in the last 12 months.

Typical price per sqft
AED 3,540 Down 11.1%
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
12013-bedAED 9.85M · Nov 2024
12032-bedAED 3.03M · Jul 2016
12042-bedAED 3.06M · Jul 2016
12051-bedAED 2.6M · Nov 2026
12062-bedAED 3.04M · Jul 2016
12072-bedAED 4.15M · Nov 2025
12082-bedAED 5.55M · Oct 2024
1–7 of 8

1202, The Address Residences Dubai Opera T1 in numbers

  • Sold 5 times: first on 20 July 2016 for AED 5,339,888, last on 29 April 2024 for AED 8,250,000 (AED 5,243 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 46,200 a year (AED 29.33 per sqft).
  • Three-beds in The Address Residences Dubai Opera T1 sold for AED 2,887,944–12,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,540 per sqft.

Source: Dubai Land Department. Updated 29 June 2026.

Questions about 1202, The Address Residences Dubai Opera T1

What did unit 1202 last sell for?

AED 8,250,000 on 29 April 2024: AED 5,243 per sqft for 1,573 sqft. The unit has 5 registered sales; the first was AED 5,339,888 in July 2016.

What is the rent for unit 1202?

AED 330,000 a year on the contract signed on 29 June 2026.

How big is unit 1202?

1,573 sqft (146.1 sqm): a three-bedroom apartment on the 12th floor of a 62-storey tower completed in 2023.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residences Dubai Opera T1 sold for AED 2,887,944 to 12,000,000 in the last 12 months, around AED 5,499 per sqft.

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Mortgage on 1202, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 8.25M, 29 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,250,000
Deposit, UAE resident (20%)
AED 1,650,000
Deposit, non-resident (40%)
AED 3,300,000
Monthly over 25 years at 3.7%
AED 33,753

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