2-bed · 1,226 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 24th floor · completed 2023

2406, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 4.15M25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, The Address Residences Dubai Opera T1

What is 2406 worth today?

Last sold for AED 4,150,000 in 2024

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25 Apr 2024SoldReady
AED 4,150,000AED 3,385 per sqft
18 Jul 2016Sold by developerOff-plan
AED 3,119,888AED 2,546 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
24th of 62
Parking
B2-2029
Developer
Emaar
Completed
2023
Service charge
AED 36,000 /yr
Last sold
AED 4.15M · April 2024

About 2406, The Address Residences Dubai Opera T1

2406 is a two-bedroom apartment of 1,226 sqft on the 24th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 25 April 2024 for AED 4,150,000, or AED 3,385 per sqft, in line with the AED 3,337 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2406 over time

Sales
Unit 2406, 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 3,119,888 (AED 2,546 per sqft)Sold, April 2024: AED 4,150,000 (AED 3,385 per sqft)

2406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, 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 2406 sits

All 260 2-beds →

2406 last sold in April 2024 at AED 3,385 per sqft, in line with what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,337). 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
24013-bedAED 6.36M · Sep 2019
24023-bedAED 6.27M · Apr 2021
24032-bedAED 3.1M · Aug 2021
24042-bedAED 3.14M · Jul 2016
24051-bedAED 3.06M · May 2025
24072-bedAED 3.27M · Jul 2016
24083-bedAED 6.2M · Jul 2016
1–7 of 8

2406, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 18 July 2016 for AED 3,119,888, last on 25 April 2024 for AED 4,150,000 (AED 3,385 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 25 April 2024.

Questions about 2406, The Address Residences Dubai Opera T1

What did unit 2406 last sell for?

AED 4,150,000 on 25 April 2024: AED 3,385 per sqft for 1,226 sqft. The unit has 2 registered sales; the first was AED 3,119,888 in July 2016.

How big is unit 2406?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 24th floor of a 62-storey tower completed in 2023.

What is unit 2406 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 2406, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 4.15M, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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