2-bed · 1,260 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 10th floor · completed 2023

1003, The Address Residences Dubai Opera T2

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 3 January 2024
Last soldAED 4.1M3 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, The Address Residences Dubai Opera T2

What is 1003 worth today?

Last sold for AED 4,100,000 in 2024

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3 Jan 2024SoldReady
AED 4,100,000AED 3,254 per sqft
13 Jan 2017Sold by developerOff-plan
AED 3,027,888AED 2,403 per sqft

Source: Dubai Land Department. Updated 3 January 2024.

Key facts

Type
2-bed apartment
Size
1,260 sqft
Floor
10th of 54
Parking
B2-2071
Developer
Emaar
Completed
2023
Service charge
AED 37,000 /yr
Last sold
AED 4.1M · January 2024

About 1003, The Address Residences Dubai Opera T2

1003 is a two-bedroom apartment of 1,260 sqft on the 10th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 3 January 2024 for AED 4,100,000, or AED 3,254 per sqft, 3% above the AED 3,155 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in The Address Residences Dubai Opera T2
3M4M2016201920222025Typical sale price by year: 2016 AED 3,386,888; 2017 AED 3,206,888; 2018 AED 3,159,888; 2019 AED 3,533,888; 2020 AED 3,154,388; 2021 AED 3,281,888; 2022 AED 3,603,444; 2023 AED 3,800,000; 2024 AED 4,300,000; 2025 AED 4,500,000; 2026 AED 3,900,000Sold by developer, January 2017: AED 3,027,888 (AED 2,403 per sqft)Sold, January 2024: AED 4,100,000 (AED 3,254 per sqft)

1003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in The Address Residences Dubai Opera T2
240K260K20232024202520262027Typical rent by year: 2023 AED 270,000; 2024 AED 270,000; 2025 AED 260,000; 2026 AED 240,000

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 T2, and where 1003 sits

All 202 2-beds →

1003 last sold in January 2024 at AED 3,254 per sqft, 3% above what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,155). Over the last 12 months two-beds sold for AED 150,961 to 7,050,000, around AED 3,227 per sqft, and rent for AED 157,500 to 420,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20263,241,666
5 Oct 20263,990,000
15 Sep 20263,875,000
26 Aug 20263,520,000
24 2-bed sales in the last 12 months

The Address Residences Dubai Opera T2

Building

406 apartments, 1-bed to 5-bed over 54 floors in Downtown Dubai, completed in 2023 by Emaar. 37 sold in the last 12 months.

Typical price per sqft
AED 3,488 Down 10.3%
Typical sale
AED 4.05M
Typical rent
AED 250K /yr
Typical yield
5.9%
The Address Residences Dubai Opera T2, Downtown Dubai: prices, sales and rents →
Value
10013-bedAED 7.95M · Nov 2023
10023-bedAED 6.6M · Feb 2024
10042-bedAED 3.11M · Jul 2016
10051-bedAED 2.17M · Feb 2017
10061-bedAED 2.6M · Mar 2023
10071-bedAED 2.18M · Jan 2017
10081-bedAED 2.2M · Aug 2022
1–7 of 9

1003, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 13 January 2017 for AED 3,027,888, last on 3 January 2024 for AED 4,100,000 (AED 3,254 per sqft).
  • Two-beds in The Address Residences Dubai Opera T2 sold for AED 150,961–7,050,000 in the 12 months to November 2026; the building's median across all types is AED 3,488 per sqft.

Source: Dubai Land Department. Updated 3 January 2024.

Questions about 1003, The Address Residences Dubai Opera T2

What did unit 1003 last sell for?

AED 4,100,000 on 3 January 2024: AED 3,254 per sqft for 1,260 sqft. The unit has 2 registered sales; the first was AED 3,027,888 in January 2017.

How big is unit 1003?

1,260 sqft (117.1 sqm): a two-bedroom apartment on the 10th floor of a 54-storey tower completed in 2023.

What is unit 1003 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 T2 sold for AED 150,961 to 7,050,000 in the last 12 months, around AED 3,227 per sqft.

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Mortgage on 1003, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 4.1M, 3 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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