2-bed · 1,197 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 24th floor · completed 2023

2409, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in November 2022, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2409 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 5.2M9 November 2022
Current rentAED 330K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2409, The Address Residences Dubai Opera T1

What is 2409 worth today?

Last sold for AED 5,200,000 in 2022

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1 Mar 2026RentedRenewal
AED 330,000/yr12 months · AED 276 per sqft
9 Nov 2022SoldOff-plan
AED 5,200,000AED 4,344 per sqft
18 Jul 2016Sold by developerOff-plan
AED 4,602,888AED 3,845 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
24th of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 35,100 /yr
Last sold
AED 5.2M · November 2022

About 2409, The Address Residences Dubai Opera T1

2409 is a two-bedroom apartment of 1,197 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 9 November 2022 for AED 5,200,000, or AED 4,344 per sqft, 54% above the AED 2,822 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2026. The current contract, renewed on 1 March 2026, is AED 330,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 35,100 a year.

Sales and rents for 2409 over time

Sales
Unit 2409, each saleTypical two-bed in The Address Residences Dubai Opera T1
3M4M5M2016201920222025Typical 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 4,602,888 (AED 3,845 per sqft)Sold, November 2022: AED 5,200,000 (AED 4,344 per sqft)

2409 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2409, each contractTypical two-bed in The Address Residences Dubai Opera T1
250K300K2024202520262027Typical rent by year: 2024 AED 272,000; 2025 AED 260,000; 2026 AED 235,000Renewal, March 2026: AED 330,000 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 2409 sits

All 260 2-beds →

2409 last sold in November 2022 at AED 4,344 per sqft, 54% above what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,822). 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. 2409's AED 330,000 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
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
24062-bedAED 4.15M · Apr 2024
24072-bedAED 3.27M · Jul 2016
1–7 of 8

2409, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 18 July 2016 for AED 4,602,888, last on 9 November 2022 for AED 5,200,000 (AED 4,344 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 35,100 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 March 2026.

Questions about 2409, The Address Residences Dubai Opera T1

What did unit 2409 last sell for?

AED 5,200,000 on 9 November 2022: AED 4,344 per sqft for 1,197 sqft. The unit has 2 registered sales; the first was AED 4,602,888 in July 2016.

What is the rent for unit 2409?

AED 330,000 a year on the contract renewed on 1 March 2026.

How big is unit 2409?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 24th floor of a 62-storey tower completed in 2023.

What is unit 2409 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 2409, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 5.2M, 9 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

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