1609, The Address Residences Dubai Opera T1
Sold prices and rental history: sold twice, last in August 2018, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, The Address Residences Dubai Opera T1
What is 1609 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,197 sqft
- Floor
- 16th of 62
- Parking
- 1
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 35,100 /yr
- Last sold
- AED 3.93M · August 2018
About 1609, The Address Residences Dubai Opera T1
1609 is a two-bedroom apartment of 1,197 sqft on the 16th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 27 August 2018 for AED 3,934,700, or AED 3,287 per sqft, 26% above the AED 2,609 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 25 October 2026, is AED 270,000 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 35,100 a year.
Sales and rents for 1609 over time
1609 has sold twice; 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 1609 sits
All 260 2-beds →1609 last sold in August 2018 at AED 3,287 per sqft, 26% above what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,609). 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. 1609's AED 270,000 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 | ||
| 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, The Address Residences Dubai Opera T1 in numbers
- Sold twice: first on 24 July 2016 for AED 4,371,888, last on 27 August 2018 for AED 3,934,700 (AED 3,287 per sqft).
- Rented since September 2025 on 2 Ejari contracts, from AED 325,000 to AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2018 price is 6.9%, 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 3,540 per sqft.
Source: Dubai Land Department. Updated 25 October 2026.
Questions about 1609, The Address Residences Dubai Opera T1
What did unit 1609 last sell for?
AED 3,934,700 on 27 August 2018: AED 3,287 per sqft for 1,197 sqft. The unit has 2 registered sales; the first was AED 4,371,888 in July 2016.
What is the rent for unit 1609?
AED 270,000 a year on the contract signed on 25 October 2026. The previous contract, from September 2025, was AED 325,000.
How big is unit 1609?
1,197 sqft (111.2 sqm): a two-bedroom apartment on the 16th floor of a 62-storey tower completed in 2023.
What is unit 1609 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 1609, The Address Residences Dubai Opera T1
Starts from the last sale price (AED 3.93M, 27 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 3,934,700
- Deposit, UAE resident (20%)
- AED 786,940
- Deposit, non-resident (40%)
- AED 1,573,880
- Monthly over 25 years at 3.7%
- AED 16,098
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →