2-bed · 1,260 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 56th floor · completed 2023

5603, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in March 2025, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5603 · DLD and Ejari recordsUpdated 7 August 2025
Last soldAED 4.55M4 March 2025
Current rentAED 249K /yr7 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5603, The Address Residences Dubai Opera T1

What is 5603 worth today?

Last sold for AED 4,550,000 in 2025

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7 Aug 2025RentedNew contract
AED 249,330/yr12 months · AED 198 per sqft
4 Mar 2025SoldReady
AED 4,550,000AED 3,611 per sqft
3 Oct 2021Sold by developerOff-plan
AED 3,488,888AED 2,769 per sqft

Source: Dubai Land Department. Updated 7 August 2025.

Key facts

Type
2-bed apartment
Size
1,260 sqft
Floor
56th of 62
Parking
B5-5145
Developer
Emaar
Completed
2023
Service charge
AED 37,000 /yr
Last sold
AED 4.55M · March 2025

About 5603, The Address Residences Dubai Opera T1

5603 is a two-bedroom apartment of 1,260 sqft on the 56th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 4 March 2025 for AED 4,550,000, or AED 3,611 per sqft, 4% above the AED 3,467 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 August 2025. The current contract, signed on 7 August 2025, is AED 249,330 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 37,000 a year.

Sales and rents for 5603 over time

Sales
Unit 5603, 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, October 2021: AED 3,488,888 (AED 2,769 per sqft)Sold, March 2025: AED 4,550,000 (AED 3,611 per sqft)

5603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5603, 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 230,000New contract, August 2025: AED 249,330 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 5603 sits

All 260 2-beds →

5603 last sold in March 2025 at AED 3,611 per sqft, 4% above what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,467). 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. 5603's AED 249,330 is in the lower half of that range.

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
56013-bedAED 6.74M · Oct 2021
56023-bedAED 6.28M · Jul 2021
56042-bedAED 3.12M · May 2021
56051-bedAED 2.16M · Jun 2021
56062-bedAED 4.03M · Apr 2025
56072-bedAED 3.34M · Apr 2021
56083-bedAED 8M · Feb 2025
1–7 of 8

5603, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 3 October 2021 for AED 3,488,888, last on 4 March 2025 for AED 4,550,000 (AED 3,611 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 249,330 a year.
  • At AED 249,330 a year the gross yield on the 2025 price is 5.5%, before a service charge of about AED 37,000 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 3,540 per sqft.

Source: Dubai Land Department. Updated 7 August 2025.

Questions about 5603, The Address Residences Dubai Opera T1

What did unit 5603 last sell for?

AED 4,550,000 on 4 March 2025: AED 3,611 per sqft for 1,260 sqft. The unit has 2 registered sales; the first was AED 3,488,888 in October 2021.

What is the rent for unit 5603?

AED 249,330 a year on the contract signed on 7 August 2025.

How big is unit 5603?

1,260 sqft (117.1 sqm): a two-bedroom apartment on the 56th floor of a 62-storey tower completed in 2023.

What is unit 5603 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 5603, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 4.55M, 4 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,550,000
Deposit, UAE resident (20%)
AED 910,000
Deposit, non-resident (40%)
AED 1,820,000
Monthly over 25 years at 3.7%
AED 18,615

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