2-bed · 1,176 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 45th floor · completed 2023

4504, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in July 2016, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4504 · DLD and Ejari recordsUpdated 13 January 2026
Last soldAED 3.26M26 July 2016
Current rentAED 260K /yr13 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4504, The Address Residences Dubai Opera T1

What is 4504 worth today?

Last sold for AED 3,260,888 in 2016

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13 Jan 2026RentedNew contract
AED 260,000/yr12 months · AED 219 per sqft
26 Jul 2016Sold by developerOff-plan
AED 3,260,888AED 2,773 per sqft

Source: Dubai Land Department. Updated 13 January 2026.

Key facts

Type
2-bed apartment
Size
1,176 sqft
Floor
45th of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 34,500 /yr
Last sold
AED 3.26M · July 2016

About 4504, The Address Residences Dubai Opera T1

4504 is a two-bedroom apartment of 1,176 sqft on the 45th 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 26 July 2016 for AED 3,260,888, or AED 2,773 per sqft, in line with the AED 2,699 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 January 2026. The current contract, signed on 13 January 2026, is AED 260,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 34,500 a year.

Sales and rents for 4504 over time

Sales
Unit 4504, 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, July 2016: AED 3,260,888 (AED 2,773 per sqft)

4504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4504, each contractTypical two-bed in The Address Residences Dubai Opera T1
240K260K2024202520262027Typical rent by year: 2024 AED 272,000; 2025 AED 260,000; 2026 AED 235,000New contract, January 2026: AED 260,000 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 4504 sits

All 260 2-beds →

4504 last sold in July 2016 at AED 2,773 per sqft, in line with what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,699). 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. 4504's AED 260,000 is in the lower 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
45013-bedAED 6.61M · Jul 2016
45023-bedAED 10M · Jul 2025
45032-bedAED 3.22M · Jul 2016
45051-bedAED 3.28M · Oct 2024
45062-bedAED 3.38M · Dec 2021
45072-bedAED 4.31M · May 2025
45083-bedAED 6.44M · Jul 2016
1–7 of 8

4504, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 26 July 2016 for AED 3,260,888, or AED 2,773 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 34,500 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 13 January 2026.

Questions about 4504, The Address Residences Dubai Opera T1

What did unit 4504 last sell for?

AED 3,260,888 on 26 July 2016, sold by the developer: AED 2,773 per sqft for 1,176 sqft. It is the only registered sale of the unit.

What is the rent for unit 4504?

AED 260,000 a year on the contract signed on 13 January 2026.

How big is unit 4504?

1,176 sqft (109.3 sqm): a two-bedroom apartment on the 45th floor of a 62-storey tower completed in 2023.

What is unit 4504 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 4504, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.26M, 26 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,260,888
Deposit, UAE resident (20%)
AED 652,178
Deposit, non-resident (40%)
AED 1,304,355
Monthly over 25 years at 3.7%
AED 13,341

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