3-bed · 1,677 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 16th floor · completed 2023

1601, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in January 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 29 January 2020
Last soldAED 6.17M29 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, The Address Residences Dubai Opera T1

What is 1601 worth today?

Last sold for AED 6,171,888 in 2020

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29 Jan 2020Sold by developerOff-plan
AED 6,171,888AED 3,680 per sqft

Source: Dubai Land Department. Updated 29 January 2020.

Key facts

Type
3-bed apartment
Size
1,677 sqft
Floor
16th of 62
Parking
2
Developer
Emaar
Completed
2023
Service charge
AED 49,200 /yr
Last sold
AED 6.17M · January 2020

About 1601, The Address Residences Dubai Opera T1

1601 is a three-bedroom apartment of 1,677 sqft on the 16th 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 29 January 2020 for AED 6,171,888, or AED 3,680 per sqft, in line with the AED 3,639 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical three-bed in The Address Residences Dubai Opera T1
6M8M2016201920222025Typical 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, January 2020: AED 6,171,888 (AED 3,680 per sqft)

1601 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1601, 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 342,500

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 1601 sits

All 136 3-beds →

1601 last sold in January 2020 at AED 3,680 per sqft, in line with what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,639). 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.

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. 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
16023-bedAED 5.44M · Jul 2016
16032-bedAED 4.7M · Feb 2026
16042-bedAED 3.11M · Sep 2021
16051-bedAED 2.18M · Jul 2016
16062-bedAED 3.9M · Dec 2023
16072-bedAED 3.22M · Aug 2017
16083-bedAED 9.05M · May 2025
1–7 of 8

1601, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 29 January 2020 for AED 6,171,888, or AED 3,680 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 3,573 per sqft.

Source: Dubai Land Department. Updated 29 January 2020.

Questions about 1601, The Address Residences Dubai Opera T1

What did unit 1601 last sell for?

AED 6,171,888 on 29 January 2020, sold by the developer: AED 3,680 per sqft for 1,677 sqft. It is the only registered sale of the unit.

How big is unit 1601?

1,677 sqft (155.8 sqm): a three-bedroom apartment on the 16th floor of a 62-storey tower completed in 2023.

What is unit 1601 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 1601, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 6.17M, 29 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 6,171,888
Deposit, UAE resident (20%)
AED 1,234,378
Deposit, non-resident (40%)
AED 2,468,755
Monthly over 25 years at 3.7%
AED 25,251

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