2-bed · 1,221 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 2nd floor · completed 2023

204, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in August 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 27 October 2025
Last soldAED 2.99M14 August 2018
Current rentAED 290K /yr27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, The Address Residences Dubai Opera T1

What is 204 worth today?

Last sold for AED 2,989,888 in 2018

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27 Oct 2025RentedNew contract
AED 290,000/yr12 months · AED 238 per sqft
27 Oct 2024RentedRenewal
AED 290,000/yr12 months · AED 238 per sqft
14 Aug 2018SoldOff-plan
AED 2,989,888AED 2,449 per sqft
19 Mar 2018Sold by developerOff-plan
AED 2,989,888AED 2,449 per sqft

Source: Dubai Land Department. Updated 27 October 2025.

Key facts

Type
2-bed apartment
Size
1,221 sqft
Floor
2nd of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 35,800 /yr
Last sold
AED 2.99M · August 2018

About 204, The Address Residences Dubai Opera T1

204 is a two-bedroom apartment of 1,221 sqft on the 2nd floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 14 August 2018 for AED 2,989,888, or AED 2,449 per sqft, 6% below the AED 2,606 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 27 October 2025, is AED 290,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 35,800 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, March 2018: AED 2,989,888 (AED 2,449 per sqft)Sold, August 2018: AED 2,989,888 (AED 2,449 per sqft)

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

Rents
Unit 204, each contractTypical two-bed in The Address Residences Dubai Opera T1
250K275K2024202520262027Typical rent by year: 2024 AED 272,000; 2025 AED 260,000; 2026 AED 235,000Renewal, October 2024: AED 290,000 a yearNew contract, October 2025: AED 290,000 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 204 sits

All 260 2-beds →

204 last sold in August 2018 at AED 2,449 per sqft, 6% below what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,606). 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. 204's AED 290,000 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
2012-bedAED 2.98M · Apr 2017
2022-bedAED 4M · Aug 2025
2031-bedAED 2.11M · Jul 2016
2052-bedAED 3.03M · Dec 2018

204, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 19 March 2018 for AED 2,989,888, last on 14 August 2018 for AED 2,989,888 (AED 2,449 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, at AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 35,800 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 27 October 2025.

Questions about 204, The Address Residences Dubai Opera T1

What did unit 204 last sell for?

AED 2,989,888 on 14 August 2018: AED 2,449 per sqft for 1,221 sqft. The unit has 2 registered sales; the first was AED 2,989,888 in March 2018.

What is the rent for unit 204?

AED 290,000 a year on the contract signed on 27 October 2025. The previous contract, from October 2024, was AED 290,000.

How big is unit 204?

1,221 sqft (113.4 sqm): a two-bedroom apartment on the 2nd floor of a 62-storey tower completed in 2023.

What is unit 204 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 204, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 2.99M, 14 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,989,888
Deposit, UAE resident (20%)
AED 597,978
Deposit, non-resident (40%)
AED 1,195,955
Monthly over 25 years at 3.7%
AED 12,233

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