3-bed · 1,557 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 40th floor · completed 2023

4002, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in July 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 28 July 2016
Last soldAED 6.02M28 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, The Address Residences Dubai Opera T1

What is 4002 worth today?

Last sold for AED 6,022,888 in 2016

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28 Jul 2016Sold by developerOff-plan
AED 6,022,888AED 3,868 per sqft

Source: Dubai Land Department. Updated 28 July 2016.

Key facts

Type
3-bed apartment
Size
1,557 sqft
Floor
40th of 62
Parking
2
Developer
Emaar
Completed
2023
Service charge
AED 45,700 /yr
Last sold
AED 6.02M · July 2016

About 4002, The Address Residences Dubai Opera T1

4002 is a three-bedroom apartment of 1,557 sqft on the 40th 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 28 July 2016 for AED 6,022,888, or AED 3,868 per sqft, 6% above the AED 3,635 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4002 over time

Sales
Unit 4002, 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, July 2016: AED 6,022,888 (AED 3,868 per sqft)

4002 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4002, 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 345,000

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 4002 sits

All 136 3-beds →

4002 last sold in July 2016 at AED 3,868 per sqft, 6% above what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,635). 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. 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
40013-bedAED 6.57M · Jul 2016
40032-bedAED 3.19M · Jul 2016
40042-bedAED 3.24M · Jul 2016
40051-bedAED 2.28M · Jul 2016
40062-bedAED 3.21M · Jul 2016
40072-bedAED 3.37M · Jul 2016
40083-bedAED 6.38M · Jul 2016
1–7 of 8

4002, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 28 July 2016 for AED 6,022,888, or AED 3,868 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 3,540 per sqft.

Source: Dubai Land Department. Updated 28 July 2016.

Questions about 4002, The Address Residences Dubai Opera T1

What did unit 4002 last sell for?

AED 6,022,888 on 28 July 2016, sold by the developer: AED 3,868 per sqft for 1,557 sqft. It is the only registered sale of the unit.

How big is unit 4002?

1,557 sqft (144.7 sqm): a three-bedroom apartment on the 40th floor of a 62-storey tower completed in 2023.

What is unit 4002 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 4002, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 6.02M, 28 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 6,022,888
Deposit, UAE resident (20%)
AED 1,204,578
Deposit, non-resident (40%)
AED 2,409,155
Monthly over 25 years at 3.7%
AED 24,642

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