2504, The Address Residences Dubai Opera T1
Sold prices and rental history: sold once, by the developer in July 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2504, The Address Residences Dubai Opera T1
What is 2504 worth today?
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Source: Dubai Land Department. Updated 21 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,188 sqft
- Floor
- 25th of 62
- Parking
- B4-4354
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 34,900 /yr
- Last sold
- AED 3.15M · July 2020
About 2504, The Address Residences Dubai Opera T1
2504 is a two-bedroom apartment of 1,188 sqft on the 25th 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 2020 for AED 3,145,888, or AED 2,675 per sqft, in line with the AED 2,673 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 21 December 2024, is AED 320,000 a year: a gross yield of 10.2% on the 2020 price, before the service charge of about AED 34,900 a year.
Sales and rents for 2504 over time
2504 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 2504 sits
All 260 2-beds →2504 last sold in July 2020 at AED 2,675 per sqft, in line with what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,673). 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. 2504's AED 320,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20266 November 2026 | 1,197 sqft | 3,600,000 | 3,006 | ||
| 5 Nov 20265 November 2026 | 1,435 sqft | 5,200,000 | 3,624 | ||
| 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 |
The Address Residences Dubai Opera T1
Building458 apartments, 1-bed to 5-bed over 62 floors in Downtown Dubai, completed in 2023 by Emaar. 32 sold in the last 12 months.
- Typical price per sqft
- AED 3,540 Down 11.1%
- Typical sale
- AED 4M
- Typical rent
- AED 250K /yr
- Typical yield
- 5.7%
Other units on the 25th floor
All 458 units in The Address Residences Dubai Opera T1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 1,677 sqft | AED 6.7MAED 6,700,000 · Feb 2023February 2023 | ||
| 2502 | 3-bed | 1,564 sqft | AED 9MAED 9,000,000 · Nov 2024November 2024 | ||
| 2503 | 2-bed | 1,258 sqft | AED 3.85MAED 3,850,000 · Dec 2023December 2023 | ||
| 2505 | 1-bed | 802 sqft | AED 2.22MAED 2,222,888 · Jul 2016July 2016 | 150,000 /yr | |
| 2506 | 2-bed | 1,197 sqft | AED 3.2MAED 3,202,888 · Jun 2020June 2020 | 320,000 /yr | |
| 2507 | 2-bed | 1,252 sqft | AED 3.54MAED 3,541,888 · Dec 2021December 2021 | 233,000 /yr | |
| 2508 | 3-bed | 1,782 sqft | AED 6.21MAED 6,211,888 · Jul 2016July 2016 | 340,000 /yr | |
| 2509 | 2-bed | 1,226 sqft | AED 5.33MAED 5,325,000 · Dec 2022December 2022 |
2504, The Address Residences Dubai Opera T1 in numbers
- Sold once: by Emaar on 20 July 2020 for AED 3,145,888, or AED 2,675 per sqft.
- Rented since December 2024 on 2 Ejari contracts, at AED 320,000 a year.
- At AED 320,000 a year the gross yield on the 2020 price is 10.2%, before a service charge of about AED 34,900 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 3,540 per sqft.
Source: Dubai Land Department. Updated 21 December 2024.
Questions about 2504, The Address Residences Dubai Opera T1
What did unit 2504 last sell for?
AED 3,145,888 on 20 July 2020, sold by the developer: AED 2,675 per sqft for 1,188 sqft. It is the only registered sale of the unit.
What is the rent for unit 2504?
AED 320,000 a year on the contract renewed on 21 December 2024. The previous contract, from December 2024, was AED 320,000.
How big is unit 2504?
1,188 sqft (110.4 sqm): a two-bedroom apartment on the 25th floor of a 62-storey tower completed in 2023.
What is unit 2504 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 2504, The Address Residences Dubai Opera T1
Starts from the last sale price (AED 3.15M, 20 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 3,145,888
- Deposit, UAE resident (20%)
- AED 629,178
- Deposit, non-resident (40%)
- AED 1,258,355
- Monthly over 25 years at 3.7%
- AED 12,871
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →