2-bed · 1,195 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 7th floor · completed 2023

706, The Address Residences Dubai Opera T1

Sold prices and rental history: sold 3 times, last in March 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 30 March 2026
Last soldAED 4M30 March 2026
Current rentAED 255K /yr18 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, The Address Residences Dubai Opera T1

What is 706 worth today?

Last sold for AED 4,000,000 in 2026

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30 Mar 2026SoldReady
AED 4,000,000AED 3,348 per sqft
18 Jun 2025RentedNew contract
AED 255,000/yr12 months · AED 213 per sqft
18 Jun 2025RentedRenewal
AED 255,000/yr12 months · AED 213 per sqft
18 Jun 2025RentedRenewal
AED 255,000/yr12 months · AED 213 per sqft
7 Mar 2024SoldReady
AED 4,000,000AED 3,348 per sqft
28 Aug 2017Sold by developerOff-plan
AED 3,094,888AED 2,589 per sqft

Source: Dubai Land Department. Updated 30 March 2026.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
7th of 62
Parking
B3-3024
Developer
Emaar
Completed
2023
Service charge
AED 35,000 /yr
Last sold
AED 4M · March 2026

About 706, The Address Residences Dubai Opera T1

706 is a two-bedroom apartment of 1,195 sqft on the 7th floor of The Address Residences Dubai Opera T1, a 62-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 30 March 2026 for AED 4,000,000, or AED 3,348 per sqft, 5% below the AED 3,507 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 18 June 2025, is AED 255,000 a year: a gross yield of 6.4% on the 2026 price, before the service charge of about AED 35,000 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, August 2017: AED 3,094,888 (AED 2,589 per sqft)Sold, March 2024: AED 4,000,000 (AED 3,348 per sqft)Sold, March 2026: AED 4,000,000 (AED 3,348 per sqft)

706 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, 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, June 2025: AED 255,000 a yearRenewal, June 2025: AED 255,000 a yearRenewal, June 2025: AED 255,000 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 706 sits

All 260 2-beds →

706 last sold in March 2026 at AED 3,348 per sqft, 5% below what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 3,507). 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. 706's AED 255,000 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
7032-bedAED 3.91M · May 2023
7042-bedAED 3.02M · Apr 2017
7051-bedAED 2.14M · Jul 2016
7072-bedAED 3.14M · May 2019
7082-bedAED 3.01M · Nov 2021
1–7 of 8

706, The Address Residences Dubai Opera T1 in numbers

  • Sold 3 times: first on 28 August 2017 for AED 3,094,888, last on 30 March 2026 for AED 4,000,000 (AED 3,348 per sqft).
  • Rented since June 2025 on 3 Ejari contracts, at AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2026 price is 6.4%, before a service charge of about AED 35,000 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 3,573 per sqft.

Source: Dubai Land Department. Updated 30 March 2026.

Questions about 706, The Address Residences Dubai Opera T1

What did unit 706 last sell for?

AED 4,000,000 on 30 March 2026: AED 3,348 per sqft for 1,195 sqft. The unit has 3 registered sales; the first was AED 3,094,888 in August 2017.

What is the rent for unit 706?

AED 255,000 a year on the contract signed on 18 June 2025. The previous contract, from June 2025, was AED 255,000; the unit has been rented since June 2025.

How big is unit 706?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 7th floor of a 62-storey tower completed in 2023.

What is unit 706 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 706, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 4M, 30 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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