3-bed · 1,671 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 4th floor · completed 2023

401, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 9 February 2020
Last soldAED 5.83M9 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, The Address Residences Dubai Opera T1

What is 401 worth today?

Last sold for AED 5,834,888 in 2020

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9 Feb 2020Sold by developerOff-plan
AED 5,834,888AED 3,491 per sqft

Source: Dubai Land Department. Updated 9 February 2020.

Key facts

Type
3-bed apartment
Size
1,671 sqft
Floor
4th of 62
Parking
2
Developer
Emaar
Completed
2023
Service charge
AED 49,000 /yr
Last sold
AED 5.83M · February 2020

About 401, The Address Residences Dubai Opera T1

401 is a three-bedroom apartment of 1,671 sqft on the 4th 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 9 February 2020 for AED 5,834,888, or AED 3,491 per sqft, 4% below the AED 3,639 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, 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, February 2020: AED 5,834,888 (AED 3,491 per sqft)

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

Rents
Unit 401, 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 342,500

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 401 sits

All 136 3-beds →

401 last sold in February 2020 at AED 3,491 per sqft, 4% below what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,639). 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. 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
4023-bedAED 5.14M · Jul 2016
4032-bedAED 2.99M · Feb 2020
4042-bedAED 3.45M · Oct 2023
4051-bedAED 2.12M · Jul 2016
4062-bedAED 3.17M · Mar 2022
4072-bedAED 3.15M · Jul 2016
4082-bedAED 5.95M · Feb 2024
1–7 of 8

401, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 9 February 2020 for AED 5,834,888, or AED 3,491 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 9 February 2020.

Questions about 401, The Address Residences Dubai Opera T1

What did unit 401 last sell for?

AED 5,834,888 on 9 February 2020, sold by the developer: AED 3,491 per sqft for 1,671 sqft. It is the only registered sale of the unit.

How big is unit 401?

1,671 sqft (155.2 sqm): a three-bedroom apartment on the 4th floor of a 62-storey tower completed in 2023.

What is unit 401 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 401, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 5.83M, 9 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 5,834,888
Deposit, UAE resident (20%)
AED 1,166,978
Deposit, non-resident (40%)
AED 2,333,955
Monthly over 25 years at 3.7%
AED 23,872

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