3-bed · 1,782 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 29th floor · completed 2023

2908, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2908 · DLD and Ejari recordsUpdated 22 September 2021
Last soldAED 4.6M22 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2908, The Address Residences Dubai Opera T1

What is 2908 worth today?

Last sold for AED 4,600,000 in 2021

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22 Sep 2021SoldOff-plan
AED 4,600,000AED 2,581 per sqft
19 Jul 2016Sold by developerOff-plan
AED 6,257,888AED 3,511 per sqft

Source: Dubai Land Department. Updated 22 September 2021.

Key facts

Type
3-bed apartment
Size
1,782 sqft
Floor
29th of 62
Parking
2
Developer
Emaar
Completed
2023
Service charge
AED 52,300 /yr
Last sold
AED 4.6M · September 2021

About 2908, The Address Residences Dubai Opera T1

2908 is a three-bedroom apartment of 1,782 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 22 September 2021 for AED 4,600,000, or AED 2,581 per sqft, 27% below the AED 3,528 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2908 over time

Sales
Unit 2908, each saleTypical three-bed in The Address Residences Dubai Opera T1
4M6M8M2016201920222025Typical sale price by year: 2016 AED 6,074,888; 2017 AED 6,247,888; 2018 AED 6,214,888; 2019 AED 6,069,388; 2020 AED 6,117,888; 2021 AED 6,341,888; 2022 AED 6,421,480; 2023 AED 7,650,000; 2024 AED 8,550,000; 2025 AED 9,000,000; 2026 AED 8,700,000Sold by developer, July 2016: AED 6,257,888 (AED 3,511 per sqft)Sold, September 2021: AED 4,600,000 (AED 2,581 per sqft)

2908 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2908, each contractTypical three-bed in The Address Residences Dubai Opera T1
350K400K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 415,000; 2026 AED 345,000

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 2908 sits

All 136 3-beds →

2908 last sold in September 2021 at AED 2,581 per sqft, 27% below what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,528). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Oct 202611,789,776
14 May 20268,600,000
30 Apr 20268,700,000
8 Dec 20252,887,944
5 3-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
29072-bedAED 4.1M · Aug 2024
1–7 of 8

2908, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 19 July 2016 for AED 6,257,888, last on 22 September 2021 for AED 4,600,000 (AED 2,581 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 3,540 per sqft.

Source: Dubai Land Department. Updated 22 September 2021.

Questions about 2908, The Address Residences Dubai Opera T1

What did unit 2908 last sell for?

AED 4,600,000 on 22 September 2021: AED 2,581 per sqft for 1,782 sqft. The unit has 2 registered sales; the first was AED 6,257,888 in July 2016.

How big is unit 2908?

1,782 sqft (165.6 sqm): a three-bedroom apartment on the 29th floor of a 62-storey tower completed in 2023.

What is unit 2908 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 2908, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 4.6M, 22 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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