2-bed · 1,195 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 13th floor · completed 2023

1306, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 16 May 2026
Last soldAED 3.12M19 July 2016
Current rentAED 160K /yr16 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, The Address Residences Dubai Opera T1

What is 1306 worth today?

Last sold for AED 3,119,888 in 2016

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16 May 2026RentedNew contract
AED 160,000/yr12 months · AED 134 per sqft
15 Dec 2024RentedNew contract
AED 235,000/yr12 months · AED 197 per sqft
19 Jul 2016Sold by developerOff-plan
AED 3,119,888AED 2,610 per sqft

Source: Dubai Land Department. Updated 16 May 2026.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
13th of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 35,100 /yr
Last sold
AED 3.12M · July 2016

About 1306, The Address Residences Dubai Opera T1

1306 is a two-bedroom apartment of 1,195 sqft on the 13th 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 19 July 2016 for AED 3,119,888, or AED 2,610 per sqft, 3% below the AED 2,702 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 16 May 2026, is AED 160,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 35,100 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, July 2016: AED 3,119,888 (AED 2,610 per sqft)

1306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1306, each contractTypical two-bed in The Address Residences Dubai Opera T1
200K2024202520262027Typical rent by year: 2024 AED 272,000; 2025 AED 260,000; 2026 AED 235,000New contract, December 2024: AED 235,000 a yearNew contract, May 2026: AED 160,000 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 1306 sits

All 260 2-beds →

1306 last sold in July 2016 at AED 2,610 per sqft, 3% below what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,702). 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. 1306's AED 160,000 is at the bottom 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
13013-bedAED 5.84M · Jul 2016
13023-bedAED 7M · Jan 2024
13032-bedAED 3.04M · Jul 2016
13042-bedAED 4.15M · Feb 2024
13051-bedAED 2.99M · Oct 2023
13072-bedAED 3.53M · Feb 2022
13082-bedAED 3.49M · Jul 2016
1–7 of 8

1306, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 19 July 2016 for AED 3,119,888, or AED 2,610 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, from AED 235,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 35,100 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 16 May 2026.

Questions about 1306, The Address Residences Dubai Opera T1

What did unit 1306 last sell for?

AED 3,119,888 on 19 July 2016, sold by the developer: AED 2,610 per sqft for 1,195 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 160,000 a year on the contract signed on 16 May 2026. The previous contract, from December 2024, was AED 235,000.

How big is unit 1306?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 13th floor of a 62-storey tower completed in 2023.

What is unit 1306 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 1306, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.12M, 19 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,119,888
Deposit, UAE resident (20%)
AED 623,978
Deposit, non-resident (40%)
AED 1,247,955
Monthly over 25 years at 3.7%
AED 12,764

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