2-bed · 1,226 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 17th floor · completed 2023

1709, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 8 November 2025
Last soldAED 4.47M6 December 2020
Current rentAED 360K /yr8 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, The Address Residences Dubai Opera T1

What is 1709 worth today?

Last sold for AED 4,469,888 in 2020

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8 Nov 2025RentedRenewal
AED 360,000/yr12 months · AED 293 per sqft
8 Nov 2024RentedRenewal
AED 350,000/yr12 months · AED 285 per sqft
6 Dec 2020Sold by developerOff-plan
AED 4,469,888AED 3,644 per sqft

Source: Dubai Land Department. Updated 8 November 2025.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
17th of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 36,000 /yr
Last sold
AED 4.47M · December 2020

About 1709, The Address Residences Dubai Opera T1

1709 is a two-bedroom apartment of 1,226 sqft on the 17th 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 6 December 2020 for AED 4,469,888, or AED 3,644 per sqft, 37% above the AED 2,653 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 8 November 2025, is AED 360,000 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 36,000 a year.

Sales and rents for 1709 over time

Sales
Unit 1709, 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, December 2020: AED 4,469,888 (AED 3,644 per sqft)

1709 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1709, each contractTypical two-bed in The Address Residences Dubai Opera T1
300K2024202520262027Typical rent by year: 2024 AED 272,000; 2025 AED 260,000; 2026 AED 235,000Renewal, November 2024: AED 350,000 a yearRenewal, November 2025: AED 360,000 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 1709 sits

All 260 2-beds →

1709 last sold in December 2020 at AED 3,644 per sqft, 37% above what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,653). 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. 1709's AED 360,000 is in the upper half of that range.

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
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
17062-bedAED 3.6M · Sep 2024
17072-bedAED 4.19M · Sep 2024
1–7 of 8

1709, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 6 December 2020 for AED 4,469,888, or AED 3,644 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, from AED 350,000 to AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2020 price is 8.1%, before a service charge of about AED 36,000 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 3,573 per sqft.

Source: Dubai Land Department. Updated 8 November 2025.

Questions about 1709, The Address Residences Dubai Opera T1

What did unit 1709 last sell for?

AED 4,469,888 on 6 December 2020, sold by the developer: AED 3,644 per sqft for 1,226 sqft. It is the only registered sale of the unit.

What is the rent for unit 1709?

AED 360,000 a year on the contract renewed on 8 November 2025. The previous contract, from November 2024, was AED 350,000.

How big is unit 1709?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 17th floor of a 62-storey tower completed in 2023.

What is unit 1709 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 1709, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 4.47M, 6 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,469,888
Deposit, UAE resident (20%)
AED 893,978
Deposit, non-resident (40%)
AED 1,787,955
Monthly over 25 years at 3.7%
AED 18,288

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