2-bed · 1,211 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 16th floor · completed 2023

1607, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 7 August 2017
Last soldAED 3.22M7 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, The Address Residences Dubai Opera T1

What is 1607 worth today?

Last sold for AED 3,221,888 in 2017

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7 Aug 2017Sold by developerOff-plan
AED 3,221,888AED 2,659 per sqft

Source: Dubai Land Department. Updated 7 August 2017.

Key facts

Type
2-bed apartment
Size
1,211 sqft
Floor
16th of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 35,500 /yr
Last sold
AED 3.22M · August 2017

About 1607, The Address Residences Dubai Opera T1

1607 is a two-bedroom apartment of 1,211 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 7 August 2017 for AED 3,221,888, or AED 2,659 per sqft, in line with the AED 2,611 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, August 2017: AED 3,221,888 (AED 2,659 per sqft)

1607 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1607, 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 235,000

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 1607 sits

All 260 2-beds →

1607 last sold in August 2017 at AED 2,659 per sqft, in line with what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,611). 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
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
16013-bedAED 6.17M · Jan 2020
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
16083-bedAED 9.05M · May 2025
1–7 of 8

1607, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 7 August 2017 for AED 3,221,888, or AED 2,659 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 7 August 2017.

Questions about 1607, The Address Residences Dubai Opera T1

What did unit 1607 last sell for?

AED 3,221,888 on 7 August 2017, sold by the developer: AED 2,659 per sqft for 1,211 sqft. It is the only registered sale of the unit.

How big is unit 1607?

1,211 sqft (112.5 sqm): a two-bedroom apartment on the 16th floor of a 62-storey tower completed in 2023.

What is unit 1607 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 1607, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.22M, 7 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,221,888
Deposit, UAE resident (20%)
AED 644,378
Deposit, non-resident (40%)
AED 1,288,755
Monthly over 25 years at 3.7%
AED 13,182

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