3-bed · 1,782 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 47th floor · completed 2023

4708, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in June 2019, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4708 · DLD and Ejari recordsUpdated 19 April 2024
Last soldAED 6.45M24 June 2019
Current rentAED 575K /yr19 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4708, The Address Residences Dubai Opera T1

What is 4708 worth today?

Last sold for AED 6,453,888 in 2019

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19 Apr 2024RentedNew contract
AED 575,000/yr12 months · AED 322 per sqft
24 Jun 2019Sold by developerOff-plan
AED 6,453,888AED 3,621 per sqft

Source: Dubai Land Department. Updated 19 April 2024.

Key facts

Type
3-bed apartment
Size
1,782 sqft
Floor
47th of 62
Parking
2
Developer
Emaar
Completed
2023
Service charge
AED 52,300 /yr
Last sold
AED 6.45M · June 2019

About 4708, The Address Residences Dubai Opera T1

4708 is a three-bedroom apartment of 1,782 sqft on the 47th 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 24 June 2019 for AED 6,453,888, or AED 3,621 per sqft, in line with the AED 3,603 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 April 2024. The current contract, signed on 19 April 2024, is AED 575,000 a year: a gross yield of 8.9% on the 2019 price, before the service charge of about AED 52,300 a year.

Sales and rents for 4708 over time

Sales
Unit 4708, 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, June 2019: AED 6,453,888 (AED 3,621 per sqft)

4708 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4708, each contractTypical three-bed in The Address Residences Dubai Opera T1
400K600K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 415,000; 2026 AED 345,000New contract, April 2024: AED 575,000 a year

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 4708 sits

All 136 3-beds →

4708 last sold in June 2019 at AED 3,621 per sqft, in line with what three-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,603). 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. 4708's AED 575,000 is at the top of that range.

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. 32 sold in the last 12 months.

Typical price per sqft
AED 3,540 Down 11.1%
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
47013-bedAED 10.2M · Jun 2024
47023-bedAED 10.5M · Dec 2024
47032-bedAED 3M · Feb 2023
47042-bedAED 3.27M · Jul 2016
47051-bedAED 3.2M · Oct 2023
47062-bedAED 4.3M · Sep 2025
47072-bedAED 3.39M · Jul 2016
1–7 of 8

4708, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 24 June 2019 for AED 6,453,888, or AED 3,621 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 575,000 a year.
  • At AED 575,000 a year the gross yield on the 2019 price is 8.9%, before a service charge of about AED 52,300 a year (AED 29.33 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 3,540 per sqft.

Source: Dubai Land Department. Updated 19 April 2024.

Questions about 4708, The Address Residences Dubai Opera T1

What did unit 4708 last sell for?

AED 6,453,888 on 24 June 2019, sold by the developer: AED 3,621 per sqft for 1,782 sqft. It is the only registered sale of the unit.

What is the rent for unit 4708?

AED 575,000 a year on the contract signed on 19 April 2024.

How big is unit 4708?

1,782 sqft (165.6 sqm): a three-bedroom apartment on the 47th floor of a 62-storey tower completed in 2023.

What is unit 4708 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 4708, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 6.45M, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 6,453,888
Deposit, UAE resident (20%)
AED 1,290,778
Deposit, non-resident (40%)
AED 2,581,555
Monthly over 25 years at 3.7%
AED 26,405

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