2-bed · 1,256 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 7th floor · completed 2023

703, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 3.91M30 May 2023
Current rentAED 242K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, The Address Residences Dubai Opera T1

What is 703 worth today?

Last sold for AED 3,911,888 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2026RentedRenewal
AED 241,500/yr12 months · AED 192 per sqft
10 Oct 2025RentedNew contract
AED 230,000/yr12 months · AED 183 per sqft
30 May 2023Sold by developerReady
AED 3,911,888AED 3,113 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
2-bed apartment
Size
1,256 sqft
Floor
7th of 62
Parking
B4-4350
Developer
Emaar
Completed
2023
Service charge
AED 36,900 /yr
Last sold
AED 3.91M · May 2023

About 703, The Address Residences Dubai Opera T1

703 is a two-bedroom apartment of 1,256 sqft on the 7th 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 30 May 2023 for AED 3,911,888, or AED 3,113 per sqft, in line with the AED 3,048 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 10 October 2026, is AED 241,500 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 36,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, May 2023: AED 3,911,888 (AED 3,113 per sqft)

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

Rents
Unit 703, 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, October 2025: AED 230,000 a yearRenewal, October 2026: AED 241,500 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 703 sits

All 260 2-beds →

703 last sold in May 2023 at AED 3,113 per sqft, in line with what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,048). 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. 703's AED 241,500 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
7013-bedAED 11.79M · Oct 2026
7023-bedAED 7.4M · Jun 2024
7042-bedAED 3.02M · Apr 2017
7051-bedAED 2.14M · Jul 2016
7062-bedAED 4M · Mar 2026
7072-bedAED 3.14M · May 2019
7082-bedAED 3.01M · Nov 2021
1–7 of 8

703, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 30 May 2023 for AED 3,911,888, or AED 3,113 per sqft.
  • Rented since October 2025 on 2 Ejari contracts, from AED 230,000 to AED 241,500 a year.
  • At AED 241,500 a year the gross yield on the 2023 price is 6.2%, 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 10 October 2026.

Questions about 703, The Address Residences Dubai Opera T1

What did unit 703 last sell for?

AED 3,911,888 on 30 May 2023, sold by the developer: AED 3,113 per sqft for 1,256 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 241,500 a year on the contract renewed on 10 October 2026. The previous contract, from October 2025, was AED 230,000.

How big is unit 703?

1,256 sqft (116.7 sqm): a two-bedroom apartment on the 7th floor of a 62-storey tower completed in 2023.

What is unit 703 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.

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.91M, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,911,888
Deposit, UAE resident (20%)
AED 782,378
Deposit, non-resident (40%)
AED 1,564,755
Monthly over 25 years at 3.7%
AED 16,005

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