3-bed · 1,575 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 32nd floor · completed 2023

3202, The Address Residences Dubai Opera T1

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

Unit 3202 · DLD and Ejari recordsUpdated 17 November 2023
Last soldAED 9.4M17 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, The Address Residences Dubai Opera T1

What is 3202 worth today?

Last sold for AED 9,400,000 in 2023

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17 Nov 2023SoldReady
AED 9,400,000AED 5,966 per sqft
14 Jul 2016Sold by developerOff-plan
AED 5,817,888AED 3,736 per sqft

Source: Dubai Land Department. Updated 17 November 2023.

Key facts

Type
3-bed apartment
Size
1,575 sqft
Floor
32nd of 62
Parking
B6-6128, B6-6129
Developer
Emaar
Completed
2023
Service charge
AED 46,200 /yr
Last sold
AED 9.4M · November 2023

About 3202, The Address Residences Dubai Opera T1

3202 is a three-bedroom apartment of 1,575 sqft on the 32nd floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 17 November 2023 for AED 9,400,000, or AED 5,966 per sqft, 38% above the AED 4,325 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3202 over time

Sales
Unit 3202, each saleTypical three-bed in The Address Residences Dubai Opera T1
6M8M10M2016201920222025Typical 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 5,817,888 (AED 3,736 per sqft)Sold, November 2023: AED 9,400,000 (AED 5,966 per sqft)

3202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3202, 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 342,500

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 3202 sits

All 136 3-beds →

3202 last sold in November 2023 at AED 5,966 per sqft, 38% above what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 4,325). 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. 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
32013-bedAED 6.22M · Jul 2016
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

3202, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 14 July 2016 for AED 5,817,888, last on 17 November 2023 for AED 9,400,000 (AED 5,966 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 November 2023.

Questions about 3202, The Address Residences Dubai Opera T1

What did unit 3202 last sell for?

AED 9,400,000 on 17 November 2023: AED 5,966 per sqft for 1,575 sqft. The unit has 2 registered sales; the first was AED 5,817,888 in July 2016.

How big is unit 3202?

1,575 sqft (146.3 sqm): a three-bedroom apartment on the 32nd floor of a 62-storey tower completed in 2023.

What is unit 3202 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 3202, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 9.4M, 17 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 9,400,000
Deposit, UAE resident (20%)
AED 1,880,000
Deposit, non-resident (40%)
AED 3,760,000
Monthly over 25 years at 3.7%
AED 38,458

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