2-bed · 1,599 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 12th floor · completed 2023

1209, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 15 December 2021
Last soldAED 5.92M15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, The Address Residences Dubai Opera T1

What is 1209 worth today?

Last sold for AED 5,919,888 in 2021

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15 Dec 2021Sold by developerOff-plan
AED 5,919,888AED 3,703 per sqft

Source: Dubai Land Department. Updated 15 December 2021.

Key facts

Type
2-bed apartment
Size
1,599 sqft
Floor
12th of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 46,900 /yr
Last sold
AED 5.92M · December 2021

About 1209, The Address Residences Dubai Opera T1

1209 is a two-bedroom apartment of 1,599 sqft on the 12th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. The developer sold it on 15 December 2021 for AED 5,919,888, or AED 3,703 per sqft, 34% above the AED 2,770 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical two-bed in The Address Residences Dubai Opera T1
4M6M2016201920222025Typical 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, December 2021: AED 5,919,888 (AED 3,703 per sqft)

1209 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1209, each contractTypical two-bed in The Address Residences Dubai Opera T1
240K260K2024202520262027Typical rent by year: 2024 AED 272,000; 2025 AED 260,000; 2026 AED 230,000

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 1209 sits

All 260 2-beds →

1209 last sold in December 2021 at AED 3,703 per sqft, 34% above what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,770). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Nov 20263,600,000
5 Nov 20265,200,000
9 Oct 20266,535,000
22 Sep 20264,000,000
22 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. 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
12023-bedAED 8.25M · Apr 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
1–7 of 8

1209, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 15 December 2021 for AED 5,919,888, or AED 3,703 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 3,540 per sqft.

Source: Dubai Land Department. Updated 15 December 2021.

Questions about 1209, The Address Residences Dubai Opera T1

What did unit 1209 last sell for?

AED 5,919,888 on 15 December 2021, sold by the developer: AED 3,703 per sqft for 1,599 sqft. It is the only registered sale of the unit.

How big is unit 1209?

1,599 sqft (148.6 sqm): a two-bedroom apartment on the 12th floor of a 62-storey tower completed in 2023.

What is unit 1209 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 1209, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 5.92M, 15 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,919,888
Deposit, UAE resident (20%)
AED 1,183,978
Deposit, non-resident (40%)
AED 2,367,955
Monthly over 25 years at 3.7%
AED 24,220

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