2407, The Address Residences Dubai Opera T1
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, The Address Residences Dubai Opera T1
What is 2407 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,236 sqft
- Floor
- 24th of 62
- Parking
- B5-5137
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 36,200 /yr
- Last sold
- AED 3.27M · July 2016
About 2407, The Address Residences Dubai Opera T1
2407 is a two-bedroom apartment of 1,236 sqft on the 24th 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 18 July 2016 for AED 3,270,888, or AED 2,699 per sqft, in line with the AED 2,709 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 190,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 36,200 a year.
Sales and rents for 2407 over time
2407 has sold once; 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 2407 sits
All 260 2-beds →2407 last sold in July 2016 at AED 2,699 per sqft, in line with what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,709). 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. 2407's AED 190,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 17 Sep 202617 September 2026 | 1,197 sqft | 4,000,000 | 3,340 | ||
| 17 Sep 202617 September 2026 | 1,258 sqft | 4,000,000 | 3,178 |
The Address Residences Dubai Opera T1
Building458 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%
Other units on the 24th floor
All 458 units in The Address Residences Dubai Opera T1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,677 sqft | AED 6.36MAED 6,362,888 · Sep 2019September 2019 | ||
| 2402 | 3-bed | 1,575 sqft | AED 6.27MAED 6,271,888 · Apr 2021April 2021 | 100,000 /yr | |
| 2403 | 2-bed | 1,258 sqft | AED 3.1MAED 3,097,888 · Aug 2021August 2021 | ||
| 2404 | 2-bed | 1,189 sqft | AED 3.14MAED 3,144,888 · Jul 2016July 2016 | ||
| 2405 | 1-bed | 801 sqft | AED 3.06MAED 3,060,000 · May 2025May 2025 | 190,000 /yr | |
| 2406 | 2-bed | 1,226 sqft | AED 4.15MAED 4,150,000 · Apr 2024April 2024 | ||
| 2408 | 3-bed | 1,781 sqft | AED 6.2MAED 6,202,888 · Jul 2016July 2016 | 360,000 /yr | |
| 2409 | 2-bed | 1,197 sqft | AED 5.2MAED 5,200,000 · Nov 2022November 2022 | 330,000 /yr |
2407, The Address Residences Dubai Opera T1 in numbers
- Sold once: by Emaar on 18 July 2016 for AED 3,270,888, or AED 2,699 per sqft.
- Rented since May 2024 on 5 Ejari contracts, from AED 320,000 to AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 36,200 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 1 September 2026.
Questions about 2407, The Address Residences Dubai Opera T1
What did unit 2407 last sell for?
AED 3,270,888 on 18 July 2016, sold by the developer: AED 2,699 per sqft for 1,236 sqft. It is the only registered sale of the unit.
What is the rent for unit 2407?
AED 190,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 240,000; the unit has been rented since May 2024.
How big is unit 2407?
1,236 sqft (114.8 sqm): a two-bedroom apartment on the 24th floor of a 62-storey tower completed in 2023.
What is unit 2407 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 2407, The Address Residences Dubai Opera T1
Starts from the last sale price (AED 3.27M, 18 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,270,888
- Deposit, UAE resident (20%)
- AED 654,178
- Deposit, non-resident (40%)
- AED 1,308,355
- Monthly over 25 years at 3.7%
- AED 13,382
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →