2-bed · 1,189 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 34th floor · completed 2023

3404, 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 3404 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 4.5M15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, The Address Residences Dubai Opera T1

What is 3404 worth today?

Last sold for AED 4,500,000 in 2023

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15 Nov 2023SoldReady
AED 4,500,000AED 3,784 per sqft
14 Jul 2016Sold by developerOff-plan
AED 3,203,888AED 2,694 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
34th of 62
Parking
B6-6202
Developer
Emaar
Completed
2023
Service charge
AED 34,900 /yr
Last sold
AED 4.5M · November 2023

About 3404, The Address Residences Dubai Opera T1

3404 is a two-bedroom apartment of 1,189 sqft on the 34th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 15 November 2023 for AED 4,500,000, or AED 3,784 per sqft, 19% above the AED 3,178 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3404 over time

Sales
Unit 3404, 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 3,203,888 (AED 2,694 per sqft)Sold, November 2023: AED 4,500,000 (AED 3,784 per sqft)

3404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3404, 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 230,000

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 3404 sits

All 260 2-beds →

3404 last sold in November 2023 at AED 3,784 per sqft, 19% above what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,178). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Nov 20263,600,000
5 Nov 20265,200,000
9 Oct 20266,535,000
22 Sep 20264,000,000
22 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. 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
34013-bedAED 11M · Mar 2025
34023-bedAED 5.39M · Nov 2020
34032-bedAED 4.25M · Oct 2024
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

3404, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 14 July 2016 for AED 3,203,888, last on 15 November 2023 for AED 4,500,000 (AED 3,784 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 3,540 per sqft.

Source: Dubai Land Department. Updated 15 November 2023.

Questions about 3404, The Address Residences Dubai Opera T1

What did unit 3404 last sell for?

AED 4,500,000 on 15 November 2023: AED 3,784 per sqft for 1,189 sqft. The unit has 2 registered sales; the first was AED 3,203,888 in July 2016.

How big is unit 3404?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 34th floor of a 62-storey tower completed in 2023.

What is unit 3404 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 3404, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 4.5M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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