2-bed · 1,252 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 29th floor · completed 2023

2907, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2907 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 4.1M28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2907, The Address Residences Dubai Opera T1

What is 2907 worth today?

Last sold for AED 4,100,000 in 2024

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28 Aug 2024SoldReady
AED 4,100,000AED 3,275 per sqft
18 Jul 2016Sold by developerOff-plan
AED 3,277,888AED 2,709 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
2-bed apartment
Size
1,252 sqft
Floor
29th of 62
Parking
B4-4185
Developer
Emaar
Completed
2023
Service charge
AED 36,700 /yr
Last sold
AED 4.1M · August 2024

About 2907, The Address Residences Dubai Opera T1

2907 is a two-bedroom apartment of 1,252 sqft on the 29th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 28 August 2024 for AED 4,100,000, or AED 3,275 per sqft, 4% below the AED 3,399 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2907 over time

Sales
Unit 2907, 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 3,277,888 (AED 2,709 per sqft)Sold, August 2024: AED 4,100,000 (AED 3,275 per sqft)

2907 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2907, 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 2907 sits

All 260 2-beds →

2907 last sold in August 2024 at AED 3,275 per sqft, 4% below what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,399). 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
29013-bedAED 6.12M · Jul 2024
29023-bedAED 8.2M · Sep 2023
29032-bedAED 4.15M · Nov 2023
29042-bedAED 3.9M · Aug 2026
29051-bedAED 3.2M · Feb 2024
29062-bedAED 3.23M · Aug 2017
29083-bedAED 4.6M · Sep 2021
1–7 of 8

2907, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 18 July 2016 for AED 3,277,888, last on 28 August 2024 for AED 4,100,000 (AED 3,275 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 28 August 2024.

Questions about 2907, The Address Residences Dubai Opera T1

What did unit 2907 last sell for?

AED 4,100,000 on 28 August 2024: AED 3,275 per sqft for 1,252 sqft. The unit has 2 registered sales; the first was AED 3,277,888 in July 2016.

How big is unit 2907?

1,252 sqft (116.3 sqm): a two-bedroom apartment on the 29th floor of a 62-storey tower completed in 2023.

What is unit 2907 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 2907, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 4.1M, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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