2-bed · 1,188 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 27th floor · completed 2023

2704, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 2 March 2023
Last soldAED 3.78M2 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, The Address Residences Dubai Opera T1

What is 2704 worth today?

Last sold for AED 3,775,000 in 2023

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2 Mar 2023SoldOff-plan
AED 3,775,000AED 3,178 per sqft
21 Jul 2016Sold by developerOff-plan
AED 3,154,888AED 2,683 per sqft

Source: Dubai Land Department. Updated 2 March 2023.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
27th of 62
Parking
B6-6116
Developer
Emaar
Completed
2023
Service charge
AED 34,800 /yr
Last sold
AED 3.78M · March 2023

About 2704, The Address Residences Dubai Opera T1

2704 is a two-bedroom apartment of 1,188 sqft on the 27th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 2 March 2023 for AED 3,775,000, or AED 3,178 per sqft, 11% above the AED 2,866 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2704 over time

Sales
Unit 2704, 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 3,154,888 (AED 2,683 per sqft)Sold, March 2023: AED 3,775,000 (AED 3,178 per sqft)

2704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2704, 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 230,000

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 2704 sits

All 260 2-beds →

2704 last sold in March 2023 at AED 3,178 per sqft, 11% above what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,866). 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
6 Nov 20263,600,000
5 Nov 20265,200,000
9 Oct 20266,535,000
22 Sep 20264,000,000
22 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. 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%
The Address Residences Dubai Opera T1, Downtown Dubai: prices, sales and rents →
Value
27013-bedAED 6.37M · Jul 2017
27023-bedAED 8.3M · Oct 2023
27032-bedAED 4.1M · Aug 2023
27051-bedAED 2.23M · Jul 2016
27062-bedAED 4.2M · Jan 2024
27072-bedAED 3.27M · Jul 2016
27083-bedAED 8.4M · Feb 2024
1–7 of 8

2704, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 21 July 2016 for AED 3,154,888, last on 2 March 2023 for AED 3,775,000 (AED 3,178 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 2 March 2023.

Questions about 2704, The Address Residences Dubai Opera T1

What did unit 2704 last sell for?

AED 3,775,000 on 2 March 2023: AED 3,178 per sqft for 1,188 sqft. The unit has 2 registered sales; the first was AED 3,154,888 in July 2016.

How big is unit 2704?

1,188 sqft (110.4 sqm): a two-bedroom apartment on the 27th floor of a 62-storey tower completed in 2023.

What is unit 2704 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 2704, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.78M, 2 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,775,000
Deposit, UAE resident (20%)
AED 755,000
Deposit, non-resident (40%)
AED 1,510,000
Monthly over 25 years at 3.7%
AED 15,445

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