1-bed · 802 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 37th floor · completed 2023

3705, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3705 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 3.1M28 December 2023
Current rentAED 168K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3705, The Address Residences Dubai Opera T1

What is 3705 worth today?

Last sold for AED 3,100,000 in 2023

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1 May 2025RentedRenewal
AED 168,000/yr12 months · AED 211 per sqft
1 May 2025RentedRenewal
AED 168,000/yr12 months · AED 211 per sqft
1 May 2025RentedRenewal
AED 167,550/yr12 months · AED 208 per sqft
1 May 2025RentedRenewal
AED 167,550/yr12 months · AED 208 per sqft
1 May 2024RentedNew contract
AED 168,000/yr12 months · AED 208 per sqft
28 Dec 2023SoldReady
AED 3,100,000AED 3,865 per sqft
24 Jul 2016Sold by developerOff-plan
AED 2,271,888AED 2,833 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
37th of 62
Parking
B5-5183
Developer
Emaar
Completed
2023
Service charge
AED 23,500 /yr
Last sold
AED 3.1M · December 2023

About 3705, The Address Residences Dubai Opera T1

3705 is a one-bedroom apartment of 802 sqft on the 37th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 28 December 2023 for AED 3,100,000, or AED 3,865 per sqft, 7% above the AED 3,614 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 168,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 23,500 a year.

Sales and rents for 3705 over time

Sales
Unit 3705, each saleTypical one-bed in The Address Residences Dubai Opera T1
2.5M3M2016201920222025Typical sale price by year: 2016 AED 2,221,888; 2021 AED 2,298,388; 2022 AED 2,300,000; 2023 AED 2,892,500; 2024 AED 3,150,000; 2025 AED 3,067,500Sold by developer, July 2016: AED 2,271,888 (AED 2,833 per sqft)Sold, December 2023: AED 3,100,000 (AED 3,865 per sqft)

3705 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3705, each contractTypical one-bed in The Address Residences Dubai Opera T1
160K180K200K2024202520262027Typical rent by year: 2024 AED 195,000; 2025 AED 180,485; 2026 AED 160,000New contract, May 2024: AED 168,000 a yearRenewal, May 2025: AED 168,000 a yearRenewal, May 2025: AED 168,000 a yearRenewal, May 2025: AED 167,550 a yearRenewal, May 2025: AED 167,550 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Residences Dubai Opera T1, and where 3705 sits

All 53 1-beds →

3705 last sold in December 2023 at AED 3,865 per sqft, 7% above what one-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,614). Over the last 12 months one-beds sold for AED 2,600,000 to 3,150,000, around AED 3,780 per sqft, and rent for AED 105,000 to 280,000 a year. 3705's AED 168,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20262,600,000
3 Feb 20263,100,000
14 Nov 20253,150,000
12 Nov 20252,950,000
4 1-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
37013-bedAED 9M · Dec 2023
37023-bedAED 6.08M · Jul 2016
37032-bedAED 4.07M · Feb 2025
37042-bedAED 4.1M · Oct 2023
37062-bedAED 3.28M · Jan 2017
37072-bedAED 3.33M · Aug 2016
37083-bedAED 8.24M · Feb 2025
1–7 of 8

3705, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 24 July 2016 for AED 2,271,888, last on 28 December 2023 for AED 3,100,000 (AED 3,865 per sqft).
  • Rented since May 2024 on 5 Ejari contracts, at AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 23,500 a year (AED 29.33 per sqft).
  • One-beds in The Address Residences Dubai Opera T1 sold for AED 2,600,000–3,150,000 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 1 May 2025.

Questions about 3705, The Address Residences Dubai Opera T1

What did unit 3705 last sell for?

AED 3,100,000 on 28 December 2023: AED 3,865 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 2,271,888 in July 2016.

What is the rent for unit 3705?

AED 168,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 168,000; the unit has been rented since May 2024.

How big is unit 3705?

802 sqft (74.5 sqm): a one-bedroom apartment on the 37th floor of a 62-storey tower completed in 2023.

What is unit 3705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Residences Dubai Opera T1 sold for AED 2,600,000 to 3,150,000 in the last 12 months, around AED 3,780 per sqft.

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Mortgage on 3705, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.1M, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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