1604, The Address Residences Dubai Opera T1
Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, The Address Residences Dubai Opera T1
What is 1604 worth today?
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Source: Dubai Land Department. Updated 20 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,189 sqft
- Floor
- 16th of 62
- Parking
- 1
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 34,900 /yr
- Last sold
- AED 3.11M · September 2021
About 1604, The Address Residences Dubai Opera T1
1604 is a two-bedroom apartment of 1,189 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 20 September 2021 for AED 3,105,888, or AED 2,611 per sqft, 6% below the AED 2,769 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 November 2025. The current contract, signed on 20 November 2025, is AED 240,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 34,900 a year.
Sales and rents for 1604 over time
1604 has sold once; the dashed line is the two-bed median of each year in the building.
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 1604 sits
All 260 2-beds →1604 last sold in September 2021 at AED 2,611 per sqft, 6% below what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,769). 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. 1604's AED 240,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20266 November 2026 | 1,197 sqft | 3,600,000 | 3,006 | ||
| 5 Nov 20265 November 2026 | 1,435 sqft | 5,200,000 | 3,624 | ||
| 9 Oct 20269 October 2026 | 1,196 sqft | 6,535,000 | 5,462 | ||
| 22 Sep 202622 September 2026 | 1,188 sqft | 4,000,000 | 3,366 |
The Address Residences Dubai Opera T1
Building458 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%
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 | ||
| 1602 | 3-bed | 1,575 sqft | AED 5.44MAED 5,444,888 · Jul 2016July 2016 | ||
| 1603 | 2-bed | 1,258 sqft | AED 4.7MAED 4,700,000 · Feb 2026February 2026 | ||
| 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 |
1604, The Address Residences Dubai Opera T1 in numbers
- Sold once: by Emaar on 20 September 2021 for AED 3,105,888, or AED 2,611 per sqft.
- Rented since November 2025 on one Ejari contract, at AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 34,900 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 3,540 per sqft.
Source: Dubai Land Department. Updated 20 November 2025.
Questions about 1604, The Address Residences Dubai Opera T1
What did unit 1604 last sell for?
AED 3,105,888 on 20 September 2021, sold by the developer: AED 2,611 per sqft for 1,189 sqft. It is the only registered sale of the unit.
What is the rent for unit 1604?
AED 240,000 a year on the contract signed on 20 November 2025.
How big is unit 1604?
1,189 sqft (110.5 sqm): a two-bedroom apartment on the 16th floor of a 62-storey tower completed in 2023.
What is unit 1604 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 1604, The Address Residences Dubai Opera T1
Starts from the last sale price (AED 3.11M, 20 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,105,888
- Deposit, UAE resident (20%)
- AED 621,178
- Deposit, non-resident (40%)
- AED 1,242,355
- Monthly over 25 years at 3.7%
- AED 12,707
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →