2-bed · 1,335 sqftThe Address Residences Dubai Opera T1, Downtown Dubai · 7th floor · completed 2023

708, The Address Residences Dubai Opera T1

Sold prices and rental history: sold twice, last in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 29 November 2021
Last soldAED 3.01M29 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, The Address Residences Dubai Opera T1

What is 708 worth today?

Last sold for AED 3,013,888 in 2021

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29 Nov 2021SoldOff-plan
AED 3,013,888AED 2,257 per sqft
11 Jun 2020Sold by developerOff-plan
AED 3,513,888AED 2,632 per sqft

Source: Dubai Land Department. Updated 29 November 2021.

Key facts

Type
2-bed apartment
Size
1,335 sqft
Floor
7th of 62
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 39,200 /yr
Last sold
AED 3.01M · November 2021

About 708, The Address Residences Dubai Opera T1

708 is a two-bedroom apartment of 1,335 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 29 November 2021 for AED 3,013,888, or AED 2,257 per sqft, 18% below the AED 2,769 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, 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, June 2020: AED 3,513,888 (AED 2,632 per sqft)Sold, November 2021: AED 3,013,888 (AED 2,257 per sqft)

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

Rents
Unit 708, 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 235,000

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 708 sits

All 260 2-beds →

708 last sold in November 2021 at AED 2,257 per sqft, 18% below what two-beds in The Address Residences Dubai Opera T1 were fetching at the time (AED 2,769). 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
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
7062-bedAED 4M · Mar 2026
7072-bedAED 3.14M · May 2019
1–7 of 8

708, The Address Residences Dubai Opera T1 in numbers

  • Sold twice: first on 11 June 2020 for AED 3,513,888, last on 29 November 2021 for AED 3,013,888 (AED 2,257 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 29 November 2021.

Questions about 708, The Address Residences Dubai Opera T1

What did unit 708 last sell for?

AED 3,013,888 on 29 November 2021: AED 2,257 per sqft for 1,335 sqft. The unit has 2 registered sales; the first was AED 3,513,888 in June 2020.

How big is unit 708?

1,335 sqft (124.0 sqm): a two-bedroom apartment on the 7th floor of a 62-storey tower completed in 2023.

What is unit 708 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 708, The Address Residences Dubai Opera T1

Starts from the last sale price (AED 3.01M, 29 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,013,888
Deposit, UAE resident (20%)
AED 602,778
Deposit, non-resident (40%)
AED 1,205,555
Monthly over 25 years at 3.7%
AED 12,331

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