2-bed · 1,189 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 32nd floor · completed 2023

3204, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in October 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 30 January 2026
Last soldAED 4.15M23 October 2023
Current rentAED 260K /yr30 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, The Address Residences Dubai Opera T1

What is 3204 worth today?

Last sold for AED 4,150,000 in 2023

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30 Jan 2026RentedNew contract
AED 260,000/yr12 months · AED 220 per sqft
20 Jan 2025RentedNew contract
AED 260,000/yr12 months · AED 220 per sqft
20 Jan 2025RentedNew contract
AED 260,000/yr12 months · AED 220 per sqft
23 Oct 2023SoldReady
AED 4,150,000AED 3,489 per sqft
24 Jul 2016Sold by developerOff-plan
AED 3,191,888AED 2,684 per sqft

Source: Dubai Land Department. Updated 30 January 2026.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
32nd of 62
Parking
B3-3225
Developer
Emaar
Completed
2023
Service charge
AED 34,900 /yr
Last sold
AED 4.15M · October 2023

About 3204, The Address Residences Dubai Opera T1

3204 is a two-bedroom apartment of 1,189 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 23 October 2023 for AED 4,150,000, or AED 3,489 per sqft, 10% above the AED 3,174 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 30 January 2026, is AED 260,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 34,900 a year.

Sales and rents for 3204 over time

Sales
Unit 3204, 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 3,191,888 (AED 2,684 per sqft)Sold, October 2023: AED 4,150,000 (AED 3,489 per sqft)

3204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3204, 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 235,000New contract, January 2025: AED 260,000 a yearNew contract, January 2025: AED 260,000 a yearNew contract, January 2026: AED 260,000 a year

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 3204 sits

All 260 2-beds →

3204 last sold in October 2023 at AED 3,489 per sqft, 10% above what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,174). 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. 3204's AED 260,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20266,535,000
22 Sep 20264,000,000
17 Sep 20264,000,000
17 Sep 20264,000,000
20 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. 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
32023-bedAED 9.4M · Nov 2023
32032-bedAED 4.3M · Feb 2025
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

3204, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 24 July 2016 for AED 3,191,888, last on 23 October 2023 for AED 4,150,000 (AED 3,489 per sqft).
  • Rented since January 2025 on 3 Ejari contracts, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 34,900 a year (AED 29.33 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 3,573 per sqft.

Source: Dubai Land Department. Updated 30 January 2026.

Questions about 3204, The Address Residences Dubai Opera T1

What did unit 3204 last sell for?

AED 4,150,000 on 23 October 2023: AED 3,489 per sqft for 1,189 sqft. The unit has 2 registered sales; the first was AED 3,191,888 in July 2016.

What is the rent for unit 3204?

AED 260,000 a year on the contract signed on 30 January 2026. The previous contract, from January 2025, was AED 260,000; the unit has been rented since January 2025.

How big is unit 3204?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 32nd floor of a 62-storey tower completed in 2023.

What is unit 3204 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 3204, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 4.15M, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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