3-bed · 1,677 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 32nd floor · completed 2023

3201, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 17 May 2026
Last soldAED 6.22M13 July 2016
Current rentAED 460K /yr17 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, The Address Residences Dubai Opera T1

What is 3201 worth today?

Last sold for AED 6,223,888 in 2016

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17 May 2026RentedRenewal
AED 460,000/yr12 months · AED 274 per sqft
17 May 2025RentedRenewal
AED 460,000/yr12 months · AED 274 per sqft
17 May 2025RentedRenewal
AED 460,000/yr12 months · AED 274 per sqft
13 Jul 2016Sold by developerOff-plan
AED 6,223,888AED 3,711 per sqft

Source: Dubai Land Department. Updated 17 May 2026.

Key facts

Type
3-bed apartment
Size
1,677 sqft
Floor
32nd of 62
Parking
2
Developer
Emaar
Completed
2023
Service charge
AED 49,200 /yr
Last sold
AED 6.22M · July 2016

About 3201, The Address Residences Dubai Opera T1

3201 is a three-bedroom apartment of 1,677 sqft on the 32nd 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 13 July 2016 for AED 6,223,888, or AED 3,711 per sqft, 5% below the AED 3,925 three-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 17 May 2026, is AED 460,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 49,200 a year.

Sales and rents for 3201 over time

Sales
Unit 3201, each saleTypical three-bed in The Address Residences Dubai Opera T1
6M8M2016201920222025Typical 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 6,223,888 (AED 3,711 per sqft)

3201 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3201, each contractTypical three-bed in The Address Residences Dubai Opera T1
400K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 415,000; 2026 AED 342,500Renewal, May 2025: AED 460,000 a yearRenewal, May 2025: AED 460,000 a yearRenewal, May 2026: AED 460,000 a year

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 3201 sits

All 136 3-beds →

3201 last sold in July 2016 at AED 3,711 per sqft, 5% below what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,925). 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. 3201's AED 460,000 is in the upper half of that range.

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. 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
32023-bedAED 9.4M · Nov 2023
32032-bedAED 4.3M · Feb 2025
32042-bedAED 4.15M · Oct 2023
32051-bedAED 2.25M · Jul 2016
32062-bedAED 3.17M · Jul 2016
32072-bedAED 4.35M · Dec 2024
32083-bedAED 8.8M · Dec 2023
1–7 of 8

3201, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 13 July 2016 for AED 6,223,888, or AED 3,711 per sqft.
  • Rented since May 2025 on 3 Ejari contracts, at AED 460,000 a year.
  • At AED 460,000 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 49,200 a year (AED 29.33 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 3,573 per sqft.

Source: Dubai Land Department. Updated 17 May 2026.

Questions about 3201, The Address Residences Dubai Opera T1

What did unit 3201 last sell for?

AED 6,223,888 on 13 July 2016, sold by the developer: AED 3,711 per sqft for 1,677 sqft. It is the only registered sale of the unit.

What is the rent for unit 3201?

AED 460,000 a year on the contract renewed on 17 May 2026. The previous contract, from May 2025, was AED 460,000; the unit has been rented since May 2025.

How big is unit 3201?

1,677 sqft (155.8 sqm): a three-bedroom apartment on the 32nd floor of a 62-storey tower completed in 2023.

What is unit 3201 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 3201, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 6.22M, 13 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 6,223,888
Deposit, UAE resident (20%)
AED 1,244,778
Deposit, non-resident (40%)
AED 2,489,555
Monthly over 25 years at 3.7%
AED 25,464

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