4703, The Address Residences Dubai Opera T1
Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4703, The Address Residences Dubai Opera T1
What is 4703 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 47th of 62
- Parking
- B6-6147
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 36,900 /yr
- Last sold
- AED 3M · February 2023
About 4703, The Address Residences Dubai Opera T1
4703 is a two-bedroom apartment of 1,258 sqft on the 47th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 24 February 2023 for AED 3,000,000, or AED 2,383 per sqft, 17% below the AED 2,865 two-beds in the building were fetching at the time.
It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 1 June 2025, is AED 270,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 36,900 a year.
Sales and rents for 4703 over time
4703 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 4703 sits
All 260 2-beds →4703 last sold in February 2023 at AED 2,383 per sqft, 17% below what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,865). 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. 4703's AED 270,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,196 sqft | 6,535,000 | 5,462 | ||
| 22 Sep 202622 September 2026 | 1,188 sqft | 4,000,000 | 3,366 | ||
| 17 Sep 202617 September 2026 | 1,197 sqft | 4,000,000 | 3,340 | ||
| 17 Sep 202617 September 2026 | 1,258 sqft | 4,000,000 | 3,178 |
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 47th floor
All 458 units in The Address Residences Dubai Opera T1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4701 | 3-bed | 1,677 sqft | AED 10.2MAED 10,200,000 · Jun 2024June 2024 | ||
| 4702 | 3-bed | 1,564 sqft | AED 10.5MAED 10,500,000 · Dec 2024December 2024 | 400,000 /yr | |
| 4704 | 2-bed | 1,176 sqft | AED 3.27MAED 3,272,888 · Jul 2016July 2016 | 265,000 /yr | |
| 4705 | 1-bed | 802 sqft | AED 3.2MAED 3,200,000 · Oct 2023October 2023 | 165,000 /yr | |
| 4706 | 2-bed | 1,197 sqft | AED 4.3MAED 4,300,000 · Sep 2025September 2025 | ||
| 4707 | 2-bed | 1,210 sqft | AED 3.39MAED 3,387,888 · Jul 2016July 2016 | ||
| 4708 | 3-bed | 1,782 sqft | AED 6.45MAED 6,453,888 · Jun 2019June 2019 | 575,000 /yr | |
| 4709 | 2-bed | 1,226 sqft | AED 4.78MAED 4,781,888 · Aug 2019August 2019 |
4703, The Address Residences Dubai Opera T1 in numbers
- Sold 3 times: first on 18 July 2016 for AED 3,228,888, last on 24 February 2023 for AED 3,000,000 (AED 2,383 per sqft).
- Rented since March 2025 on 4 Ejari contracts, from AED 280,000 to AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 36,900 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 1 June 2025.
Questions about 4703, The Address Residences Dubai Opera T1
What did unit 4703 last sell for?
AED 3,000,000 on 24 February 2023: AED 2,383 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 3,228,888 in July 2016.
What is the rent for unit 4703?
AED 270,000 a year on the contract signed on 1 June 2025. The previous contract, from June 2025, was AED 270,000; the unit has been rented since March 2025.
How big is unit 4703?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 47th floor of a 62-storey tower completed in 2023.
What is unit 4703 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 4703, The Address Residences Dubai Opera T1
Starts from the last sale price (AED 3M, 24 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →