1602, The Address Residences Dubai Opera T1
Sold prices and rental history: sold once, by the developer in July 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, The Address Residences Dubai Opera T1
What is 1602 worth today?
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Source: Dubai Land Department. Updated 24 July 2016.
Key facts
- Type
- 3-bed apartment
- Size
- 1,575 sqft
- Floor
- 16th of 62
- Parking
- B3-3324, B3-3325
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 46,200 /yr
- Last sold
- AED 5.44M · July 2016
About 1602, The Address Residences Dubai Opera T1
1602 is a three-bedroom apartment of 1,575 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 24 July 2016 for AED 5,444,888, or AED 3,497 per sqft, 4% below the AED 3,635 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the three-bed median of each year in the building.
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 1602 sits
All 136 3-beds →1602 last sold in July 2016 at AED 3,497 per sqft, 4% below what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,635). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 1,671 sqft | 11,789,776 | 7,054 | ||
| 14 May 202614 May 2026 | 1,564 sqft | 8,600,000 | 5,499 | ||
| 30 Apr 202630 April 2026 | 1,781 sqft | 8,700,000 | 4,884 | ||
| 8 Dec 20258 December 2025 | 836 sqft | 2,887,944 | 3,456 |
The Address Residences Dubai Opera T1
Building458 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%
Other units on the 16th floor
All 458 units in The Address Residences Dubai Opera T1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,677 sqft | AED 6.17MAED 6,171,888 · Jan 2020January 2020 | ||
| 1603 | 2-bed | 1,258 sqft | AED 4.7MAED 4,700,000 · Feb 2026February 2026 | ||
| 1604 | 2-bed | 1,189 sqft | AED 3.11MAED 3,105,888 · Sep 2021September 2021 | 240,000 /yr | |
| 1605 | 1-bed | 801 sqft | AED 2.18MAED 2,180,888 · Jul 2016July 2016 | 160,000 /yr | |
| 1606 | 2-bed | 1,226 sqft | AED 3.9MAED 3,900,000 · Dec 2023December 2023 | ||
| 1607 | 2-bed | 1,211 sqft | AED 3.22MAED 3,221,888 · Aug 2017August 2017 | ||
| 1608 | 3-bed | 1,781 sqft | AED 9.05MAED 9,050,000 · May 2025May 2025 | ||
| 1609 | 2-bed | 1,197 sqft | AED 3.93MAED 3,934,700 · Aug 2018August 2018 | 270,000 /yr |
1602, The Address Residences Dubai Opera T1 in numbers
- Sold once: by Emaar on 24 July 2016 for AED 5,444,888, or AED 3,497 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 24 July 2016.
Questions about 1602, The Address Residences Dubai Opera T1
What did unit 1602 last sell for?
AED 5,444,888 on 24 July 2016, sold by the developer: AED 3,497 per sqft for 1,575 sqft. It is the only registered sale of the unit.
How big is unit 1602?
1,575 sqft (146.3 sqm): a three-bedroom apartment on the 16th floor of a 62-storey tower completed in 2023.
What is unit 1602 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 1602, The Address Residences Dubai Opera T1
Starts from the last sale price (AED 5.44M, 24 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 5,444,888
- Deposit, UAE resident (20%)
- AED 1,088,978
- Deposit, non-resident (40%)
- AED 2,177,955
- Monthly over 25 years at 3.7%
- AED 22,277
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →