2-bed · 1,197 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 17th floor · completed 2023

1706, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in September 2024, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 14 February 2026
Last soldAED 3.6M5 September 2024
Current rentAED 245K /yr14 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, The Address Residences Dubai Opera T1

What is 1706 worth today?

Last sold for AED 3,600,000 in 2024

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14 Feb 2026RentedNew contract
AED 245,000/yr12 months · AED 205 per sqft
5 Sep 2024SoldReady
AED 3,600,000AED 3,006 per sqft
13 Jul 2016Sold by developerOff-plan
AED 3,156,888AED 2,635 per sqft

Source: Dubai Land Department. Updated 14 February 2026.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
17th of 62
Parking
B2-2007
Developer
Emaar
Completed
2023
Service charge
AED 35,100 /yr
Last sold
AED 3.6M · September 2024

About 1706, The Address Residences Dubai Opera T1

1706 is a two-bedroom apartment of 1,197 sqft on the 17th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 5 September 2024 for AED 3,600,000, or AED 3,006 per sqft, 11% below the AED 3,385 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 February 2026. The current contract, signed on 14 February 2026, is AED 245,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 35,100 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, July 2016: AED 3,156,888 (AED 2,635 per sqft)Sold, September 2024: AED 3,600,000 (AED 3,006 per sqft)

1706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, 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 230,000New contract, February 2026: AED 245,000 a year

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 1706 sits

All 260 2-beds →

1706 last sold in September 2024 at AED 3,006 per sqft, 11% below what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,385). 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. 1706's AED 245,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Nov 20263,600,000
5 Nov 20265,200,000
9 Oct 20266,535,000
22 Sep 20264,000,000
22 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. 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%
The Address Residences Dubai Opera T1, Downtown Dubai: prices, sales and rents →
Value
17013-bedAED 5.95M · Jul 2016
17023-bedAED 6.8M · Dec 2022
17032-bedAED 4.1M · Oct 2025
17042-bedAED 3.09M · Jul 2016
17051-bedAED 3.08M · Aug 2023
17072-bedAED 4.19M · Sep 2024
17083-bedAED 6.35M · Jan 2023
1–7 of 8

1706, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 13 July 2016 for AED 3,156,888, last on 5 September 2024 for AED 3,600,000 (AED 3,006 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2024 price is 6.8%, 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 14 February 2026.

Questions about 1706, The Address Residences Dubai Opera T1

What did unit 1706 last sell for?

AED 3,600,000 on 5 September 2024: AED 3,006 per sqft for 1,197 sqft. The unit has 2 registered sales; the first was AED 3,156,888 in July 2016.

What is the rent for unit 1706?

AED 245,000 a year on the contract signed on 14 February 2026.

How big is unit 1706?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 17th floor of a 62-storey tower completed in 2023.

What is unit 1706 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 1706, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.6M, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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