3-bed · 1,575 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 34th floor · completed 2023

3402, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 5.39M2 November 2020
Current rentAED 360K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, The Address Residences Dubai Opera T1

What is 3402 worth today?

Last sold for AED 5,388,199 in 2020

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20 Aug 2026RentedNew contract
AED 360,000/yr12 months · AED 229 per sqft
1 Aug 2025RentedRenewal
AED 400,000/yr12 months · AED 255 per sqft
2 Nov 2020Sold by developerOff-plan
AED 5,388,199AED 3,420 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
3-bed apartment
Size
1,575 sqft
Floor
34th of 62
Parking
2
Developer
Emaar
Completed
2023
Service charge
AED 46,200 /yr
Last sold
AED 5.39M · November 2020

About 3402, The Address Residences Dubai Opera T1

3402 is a three-bedroom apartment of 1,575 sqft on the 34th 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 2 November 2020 for AED 5,388,199, or AED 3,420 per sqft, 3% below the AED 3,537 three-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 August 2026, is AED 360,000 a year: a gross yield of 6.7% on the 2020 price, before the service charge of about AED 46,200 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, November 2020: AED 5,388,199 (AED 3,420 per sqft)

3402 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3402, 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 342,500Renewal, August 2025: AED 400,000 a yearNew contract, August 2026: AED 360,000 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 3402 sits

All 136 3-beds →

3402 last sold in November 2020 at AED 3,420 per sqft, 3% below what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,537). 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. 3402's AED 360,000 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
34013-bedAED 11M · Mar 2025
34032-bedAED 4.25M · Oct 2024
34042-bedAED 4.5M · Nov 2023
34051-bedAED 2.25M · Jul 2016
34062-bedAED 4.19M · Feb 2025
34072-bedAED 3.33M · Jul 2016
34083-bedAED 8.8M · Jan 2024
1–7 of 8

3402, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 2 November 2020 for AED 5,388,199, or AED 3,420 per sqft.
  • Rented since August 2025 on 2 Ejari contracts, from AED 400,000 to AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2020 price is 6.7%, before a service charge of about AED 46,200 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 20 August 2026.

Questions about 3402, The Address Residences Dubai Opera T1

What did unit 3402 last sell for?

AED 5,388,199 on 2 November 2020, sold by the developer: AED 3,420 per sqft for 1,575 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 360,000 a year on the contract signed on 20 August 2026. The previous contract, from August 2025, was AED 400,000.

How big is unit 3402?

1,575 sqft (146.3 sqm): a three-bedroom apartment on the 34th floor of a 62-storey tower completed in 2023.

What is unit 3402 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 3402, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 5.39M, 2 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 5,388,199
Deposit, UAE resident (20%)
AED 1,077,640
Deposit, non-resident (40%)
AED 2,155,280
Monthly over 25 years at 3.7%
AED 22,045

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