2-bed · 1,225 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 42nd floor · completed 2023

4206, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in September 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4206 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 3.22M7 September 2017
Current rentAED 320K /yr30 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4206, The Address Residences Dubai Opera T1

What is 4206 worth today?

Last sold for AED 3,216,888 in 2017

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30 Dec 2024RentedRenewal
AED 320,000/yr12 months · AED 261 per sqft
30 Dec 2024RentedRenewal
AED 320,000/yr12 months · AED 261 per sqft
7 Sep 2017Sold by developerOff-plan
AED 3,216,888AED 2,625 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
2-bed apartment
Size
1,225 sqft
Floor
42nd of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 35,900 /yr
Last sold
AED 3.22M · September 2017

About 4206, The Address Residences Dubai Opera T1

4206 is a two-bedroom apartment of 1,225 sqft on the 42nd 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 7 September 2017 for AED 3,216,888, or AED 2,625 per sqft, in line with the AED 2,630 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 30 December 2024, is AED 320,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 35,900 a year.

Sales and rents for 4206 over time

Sales
Unit 4206, 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, September 2017: AED 3,216,888 (AED 2,625 per sqft)

4206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4206, each contractTypical two-bed in The Address Residences Dubai Opera T1
250K300K2024202520262027Typical rent by year: 2024 AED 272,000; 2025 AED 260,000; 2026 AED 235,000Renewal, December 2024: AED 320,000 a yearRenewal, December 2024: AED 320,000 a year

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 4206 sits

All 260 2-beds →

4206 last sold in September 2017 at AED 2,625 per sqft, in line with what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,630). 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. 4206's AED 320,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20266,535,000
22 Sep 20264,000,000
17 Sep 20264,000,000
17 Sep 20264,000,000
20 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. 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
42013-bedAED 7.43M · Jan 2023
42023-bedAED 12M · Nov 2025
42032-bedAED 3.2M · Jul 2016
42042-bedAED 4.1M · Nov 2025
42051-bedAED 2.29M · Jul 2016
42072-bedAED 4.15M · Aug 2025
42083-bedAED 8.7M · Apr 2026
1–7 of 8

4206, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 7 September 2017 for AED 3,216,888, or AED 2,625 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, at AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 35,900 a year (AED 29.33 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 3,573 per sqft.

Source: Dubai Land Department. Updated 30 December 2024.

Questions about 4206, The Address Residences Dubai Opera T1

What did unit 4206 last sell for?

AED 3,216,888 on 7 September 2017, sold by the developer: AED 2,625 per sqft for 1,225 sqft. It is the only registered sale of the unit.

What is the rent for unit 4206?

AED 320,000 a year on the contract renewed on 30 December 2024. The previous contract, from December 2024, was AED 320,000.

How big is unit 4206?

1,225 sqft (113.8 sqm): a two-bedroom apartment on the 42nd floor of a 62-storey tower completed in 2023.

What is unit 4206 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 4206, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.22M, 7 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,216,888
Deposit, UAE resident (20%)
AED 643,378
Deposit, non-resident (40%)
AED 1,286,755
Monthly over 25 years at 3.7%
AED 13,161

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