1-bed · 799 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 7th floor · completed 2023

705, The Address Residences Dubai Opera T1

Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 23 September 2026
Last soldAED 2.14M19 July 2016
Current rentAED 160K /yr23 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, The Address Residences Dubai Opera T1

What is 705 worth today?

Last sold for AED 2,139,888 in 2016

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23 Sep 2026RentedNew contract
AED 160,000/yr12 months · AED 201 per sqft
20 Sep 2026RentedRenewal
AED 105,000/yr12 months · AED 132 per sqft
20 Sep 2025RentedNew contract
AED 200,000/yr12 months · AED 251 per sqft
19 Jul 2016Sold by developerOff-plan
AED 2,139,888AED 2,678 per sqft

Source: Dubai Land Department. Updated 23 September 2026.

Key facts

Type
1-bed apartment
Size
799 sqft
Floor
7th of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 23,400 /yr
Last sold
AED 2.14M · July 2016

About 705, The Address Residences Dubai Opera T1

705 is a one-bedroom apartment of 799 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 19 July 2016 for AED 2,139,888, or AED 2,678 per sqft, in line with the AED 2,746 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 23 September 2026, is AED 160,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 23,400 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in The Address Residences Dubai Opera T1
2M2.5M3M2016201920222025Typical sale price by year: 2016 AED 2,221,888; 2021 AED 2,298,388; 2022 AED 2,300,000; 2023 AED 2,892,500; 2024 AED 3,150,000; 2025 AED 3,067,500Sold by developer, July 2016: AED 2,139,888 (AED 2,678 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in The Address Residences Dubai Opera T1
100K150K200K2024202520262027Typical rent by year: 2024 AED 195,000; 2025 AED 180,485; 2026 AED 160,000New contract, September 2025: AED 200,000 a yearNew contract, September 2026: AED 160,000 a yearRenewal, September 2026: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Residences Dubai Opera T1, and where 705 sits

All 53 1-beds →

705 last sold in July 2016 at AED 2,678 per sqft, in line with what one-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,746). Over the last 12 months one-beds sold for AED 2,600,000 to 3,150,000, around AED 3,780 per sqft, and rent for AED 105,000 to 280,000 a year. 705's AED 160,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20262,600,000
3 Feb 20263,100,000
14 Nov 20253,150,000
12 Nov 20252,950,000
4 1-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
7032-bedAED 3.91M · May 2023
7042-bedAED 3.02M · Apr 2017
7062-bedAED 4M · Mar 2026
7072-bedAED 3.14M · May 2019
7082-bedAED 3.01M · Nov 2021
1–7 of 8

705, The Address Residences Dubai Opera T1 in numbers

  • Sold once: by Emaar on 19 July 2016 for AED 2,139,888, or AED 2,678 per sqft.
  • Rented since September 2025 on 3 Ejari contracts. The rent fell from AED 200,000 to AED 105,000 in 2026 and recovered to AED 160,000 by September 2026.
  • At AED 160,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 23,400 a year (AED 29.33 per sqft).
  • One-beds in The Address Residences Dubai Opera T1 sold for AED 2,600,000–3,150,000 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 23 September 2026.

Questions about 705, The Address Residences Dubai Opera T1

What did unit 705 last sell for?

AED 2,139,888 on 19 July 2016, sold by the developer: AED 2,678 per sqft for 799 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 160,000 a year on the contract signed on 23 September 2026. The previous contract, from September 2026, was AED 105,000; the unit has been rented since September 2025.

How big is unit 705?

799 sqft (74.2 sqm): a one-bedroom apartment on the 7th floor of a 62-storey tower completed in 2023.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Residences Dubai Opera T1 sold for AED 2,600,000 to 3,150,000 in the last 12 months, around AED 3,780 per sqft.

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Mortgage on 705, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 2.14M, 19 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,139,888
Deposit, UAE resident (20%)
AED 427,978
Deposit, non-resident (40%)
AED 855,955
Monthly over 25 years at 3.7%
AED 8,755

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