3-bed · 1,048 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 12th floor · completed 2023

1202, The Address Residences Dubai Opera T2

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

Unit 1202 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 4.74M27 July 2016
Current rentAED 360K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, The Address Residences Dubai Opera T2

What is 1202 worth today?

Last sold for AED 4,738,888 in 2016

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20 Dec 2025RentedNew contract
AED 360,000/yr12 months · AED 229 per sqft
27 Jul 2016Sold by developerOff-plan
AED 4,738,888AED 3,049 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
3-bed apartment
Size
1,048 sqft
Floor
12th of 54
Parking
B2-2048, B2-2049
Developer
Emaar
Completed
2023
Service charge
AED 30,700 /yr
Last sold
AED 4.74M · July 2016

About 1202, The Address Residences Dubai Opera T2

1202 is a three-bedroom apartment of 1,048 sqft on the 12th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. The developer sold it on 27 July 2016 for AED 4,738,888, or AED 3,049 per sqft, 5% below the AED 3,219 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 December 2025. The current contract, signed on 20 December 2025, is AED 360,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 30,700 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in The Address Residences Dubai Opera T2
6M2016201920222025Typical sale price by year: 2016 AED 5,303,888; 2017 AED 5,282,888; 2018 AED 5,305,388; 2019 AED 5,321,888; 2020 AED 5,149,888; 2021 AED 5,380,999; 2022 AED 5,600,000; 2023 AED 6,312,500; 2024 AED 7,350,000; 2025 AED 7,500,000; 2026 AED 7,500,000Sold by developer, July 2016: AED 4,738,888 (AED 3,049 per sqft)

1202 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in The Address Residences Dubai Opera T2
350K400K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 395,000; 2026 AED 340,000New contract, December 2025: AED 360,000 a year

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

3-beds in The Address Residences Dubai Opera T2, and where 1202 sits

All 115 3-beds →

1202 last sold in July 2016 at AED 3,049 per sqft, 5% below what three-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,219). Over the last 12 months three-beds sold for AED 6,900,000 to 13,000,000, around AED 4,704 per sqft, and rent for AED 50,000 to 500,000 a year. 1202's AED 360,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jul 202613,000,000
16 Jul 20267,060,000
28 Jan 20267,500,000
17 Dec 20257,500,000
7 3-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
12013-bedAED 7.6M · May 2025
12032-bedAED 4.05M · Jan 2026
12042-bedAED 3.12M · Feb 2017
12051-bedAED 2.35M · Apr 2022
12061-bedAED 2.18M · Jul 2016
12071-bedAED 2.19M · Jul 2016
12081-bedAED 2.55M · Dec 2022
1–7 of 9

1202, The Address Residences Dubai Opera T2 in numbers

  • Sold once: by Emaar on 27 July 2016 for AED 4,738,888, or AED 3,049 per sqft.
  • Rented since December 2025 on one Ejari contract, at AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 30,700 a year (AED 29.33 per sqft).
  • Three-beds in The Address Residences Dubai Opera T2 sold for AED 6,900,000–13,000,000 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 20 December 2025.

Questions about 1202, The Address Residences Dubai Opera T2

What did unit 1202 last sell for?

AED 4,738,888 on 27 July 2016, sold by the developer: AED 3,049 per sqft for 1,048 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 360,000 a year on the contract signed on 20 December 2025.

How big is unit 1202?

1,048 sqft (97.4 sqm): a three-bedroom apartment on the 12th floor of a 54-storey tower completed in 2023.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residences Dubai Opera T2 sold for AED 6,900,000 to 13,000,000 in the last 12 months, around AED 4,704 per sqft.

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Mortgage on 1202, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 4.74M, 27 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,738,888
Deposit, UAE resident (20%)
AED 947,778
Deposit, non-resident (40%)
AED 1,895,555
Monthly over 25 years at 3.7%
AED 19,388

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