405, The Address Residences Dubai Opera T1
Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, The Address Residences Dubai Opera T1
What is 405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 23 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 799 sqft
- Floor
- 4th of 62
- Parking
- 1
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 23,400 /yr
- Last sold
- AED 2.12M · July 2016
About 405, The Address Residences Dubai Opera T1
405 is a one-bedroom apartment of 799 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 18 July 2016 for AED 2,122,888, or AED 2,658 per sqft, 4% below the AED 2,757 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 23 July 2026, is AED 135,000 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 23,400 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the one-bed median of each year in the building.
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 405 sits
All 53 1-beds →405 last sold in July 2016 at AED 2,658 per sqft, 4% below what one-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,757). 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. 405's AED 135,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 799 sqft | 2,600,000 | 3,255 | ||
| 3 Feb 20263 February 2026 | 801 sqft | 3,100,000 | 3,867 | ||
| 14 Nov 202514 November 2025 | 802 sqft | 3,150,000 | 3,928 | ||
| 12 Nov 202512 November 2025 | 799 sqft | 2,950,000 | 3,693 |
The Address Residences Dubai Opera T1
Building458 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%
Other units on the 4th floor
All 458 units in The Address Residences Dubai Opera T1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,671 sqft | AED 5.83MAED 5,834,888 · Feb 2020February 2020 | ||
| 402 | 3-bed | 1,557 sqft | AED 5.14MAED 5,141,888 · Jul 2016July 2016 | ||
| 403 | 2-bed | 1,256 sqft | AED 2.99MAED 2,991,888 · Feb 2020February 2020 | ||
| 404 | 2-bed | 1,186 sqft | AED 3.45MAED 3,450,000 · Oct 2023October 2023 | 200,000 /yr | |
| 406 | 2-bed | 1,220 sqft | AED 3.17MAED 3,172,888 · Mar 2022March 2022 | 225,000 /yr | |
| 407 | 2-bed | 1,212 sqft | AED 3.15MAED 3,149,888 · Jul 2016July 2016 | ||
| 408 | 2-bed | 1,335 sqft | AED 5.95MAED 5,950,000 · Feb 2024February 2024 | ||
| 409 | 2-bed | 1,384 sqft | AED 4.46MAED 4,460,888 · Jul 2016July 2016 |
405, The Address Residences Dubai Opera T1 in numbers
- Sold once: by Emaar on 18 July 2016 for AED 2,122,888, or AED 2,658 per sqft.
- Rented since June 2025 on 3 Ejari contracts, from AED 160,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 23,400 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 3,573 per sqft.
Source: Dubai Land Department. Updated 23 July 2026.
Questions about 405, The Address Residences Dubai Opera T1
What did unit 405 last sell for?
AED 2,122,888 on 18 July 2016, sold by the developer: AED 2,658 per sqft for 799 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 135,000 a year on the contract signed on 23 July 2026. The previous contract, from June 2025, was AED 160,000; the unit has been rented since June 2025.
How big is unit 405?
799 sqft (74.2 sqm): a one-bedroom apartment on the 4th floor of a 62-storey tower completed in 2023.
What is unit 405 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.
Selling 405? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 405, The Address Residences Dubai Opera T1
Starts from the last sale price (AED 2.12M, 18 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,122,888
- Deposit, UAE resident (20%)
- AED 424,578
- Deposit, non-resident (40%)
- AED 849,155
- Monthly over 25 years at 3.7%
- AED 8,685
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →