2408, The Address Residences Dubai Opera T1
Sold prices and rental history: sold once, by the developer in July 2016, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2408, The Address Residences Dubai Opera T1
What is 2408 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,781 sqft
- Floor
- 24th of 62
- Parking
- 2
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 52,200 /yr
- Last sold
- AED 6.2M · July 2016
About 2408, The Address Residences Dubai Opera T1
2408 is a three-bedroom apartment of 1,781 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 20 July 2016 for AED 6,202,888, or AED 3,483 per sqft, 7% below the AED 3,743 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 November 2025. The current contract, signed on 15 November 2025, is AED 360,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 52,200 a year.
Sales and rents for 2408 over time
2408 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Address Residences Dubai Opera T1, and where 2408 sits
All 136 3-beds →2408 last sold in July 2016 at AED 3,483 per sqft, 7% below what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,743). Over the last 12 months three-beds sold for AED 2,887,944 to 12,000,000, around AED 5,499 per sqft, and rent for AED 195,000 to 465,150 a year. 2408's AED 360,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 1,671 sqft | 11,789,776 | 7,054 | ||
| 14 May 202614 May 2026 | 1,564 sqft | 8,600,000 | 5,499 | ||
| 30 Apr 202630 April 2026 | 1,781 sqft | 8,700,000 | 4,884 | ||
| 8 Dec 20258 December 2025 | 836 sqft | 2,887,944 | 3,456 |
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 | ||
| 2407 | 2-bed | 1,236 sqft | AED 3.27MAED 3,270,888 · Jul 2016July 2016 | 190,000 /yr | |
| 2409 | 2-bed | 1,197 sqft | AED 5.2MAED 5,200,000 · Nov 2022November 2022 | 330,000 /yr |
2408, The Address Residences Dubai Opera T1 in numbers
- Sold once: by Emaar on 20 July 2016 for AED 6,202,888, or AED 3,483 per sqft.
- Rented since November 2025 on one Ejari contract, at AED 360,000 a year.
- At AED 360,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 52,200 a year (AED 29.33 per sqft).
- Three-beds in The Address Residences Dubai Opera T1 sold for AED 2,887,944–12,000,000 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 15 November 2025.
Questions about 2408, The Address Residences Dubai Opera T1
What did unit 2408 last sell for?
AED 6,202,888 on 20 July 2016, sold by the developer: AED 3,483 per sqft for 1,781 sqft. It is the only registered sale of the unit.
What is the rent for unit 2408?
AED 360,000 a year on the contract signed on 15 November 2025.
How big is unit 2408?
1,781 sqft (165.5 sqm): a three-bedroom apartment on the 24th floor of a 62-storey tower completed in 2023.
What is unit 2408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residences Dubai Opera T1 sold for AED 2,887,944 to 12,000,000 in the last 12 months, around AED 5,499 per sqft.
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Mortgage on 2408, The Address Residences Dubai Opera T1
Starts from the last sale price (AED 6.2M, 20 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 6,202,888
- Deposit, UAE resident (20%)
- AED 1,240,578
- Deposit, non-resident (40%)
- AED 2,481,155
- Monthly over 25 years at 3.7%
- AED 25,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →