2-bed · 1,189 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 50th floor · completed 2023

5004, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5004 · DLD and Ejari recordsUpdated 9 February 2023
Last soldAED 4.3M9 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5004, The Address Residences Dubai Opera T1

What is 5004 worth today?

Last sold for AED 4,300,000 in 2023

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9 Feb 2023SoldOff-plan
AED 4,300,000AED 3,615 per sqft
18 Jul 2016Sold by developerOff-plan
AED 3,298,888AED 2,774 per sqft

Source: Dubai Land Department. Updated 9 February 2023.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
50th of 62
Parking
B5-5119
Developer
Emaar
Completed
2023
Service charge
AED 34,900 /yr
Last sold
AED 4.3M · February 2023

About 5004, The Address Residences Dubai Opera T1

5004 is a two-bedroom apartment of 1,189 sqft on the 50th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 9 February 2023 for AED 4,300,000, or AED 3,615 per sqft, 27% above the AED 2,847 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5004 over time

Sales
Unit 5004, 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 3,298,888 (AED 2,774 per sqft)Sold, February 2023: AED 4,300,000 (AED 3,615 per sqft)

5004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5004, 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 230,000

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 5004 sits

All 260 2-beds →

5004 last sold in February 2023 at AED 3,615 per sqft, 27% above what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,847). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Nov 20263,600,000
5 Nov 20265,200,000
9 Oct 20266,535,000
22 Sep 20264,000,000
22 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. 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
50013-bedAED 8.8M · Dec 2023
50023-bedAED 7.25M · Aug 2022
50032-bedAED 3.25M · Jul 2016
50051-bedAED 3.35M · Oct 2024
50062-bedAED 3.27M · Jul 2016
50072-bedAED 3.43M · Jul 2016
50083-bedAED 6.5M · Dec 2020
1–7 of 8

5004, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 18 July 2016 for AED 3,298,888, last on 9 February 2023 for AED 4,300,000 (AED 3,615 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 3,540 per sqft.

Source: Dubai Land Department. Updated 9 February 2023.

Questions about 5004, The Address Residences Dubai Opera T1

What did unit 5004 last sell for?

AED 4,300,000 on 9 February 2023: AED 3,615 per sqft for 1,189 sqft. The unit has 2 registered sales; the first was AED 3,298,888 in July 2016.

How big is unit 5004?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 50th floor of a 62-storey tower completed in 2023.

What is unit 5004 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 5004, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 4.3M, 9 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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