1-bed · 797 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 12th floor · completed 2023

1206, The Address Residences Dubai Opera T2

Sold prices and rental history: sold once, by the developer in July 2016, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 14 February 2026
Last soldAED 2.18M19 July 2016
Current rentAED 220K /yr14 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, The Address Residences Dubai Opera T2

What is 1206 worth today?

Last sold for AED 2,180,888 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Feb 2026RentedNew contract
AED 220,000/yr12 months · AED 276 per sqft
19 Jul 2016Sold by developerOff-plan
AED 2,180,888AED 2,735 per sqft

Source: Dubai Land Department. Updated 14 February 2026.

Key facts

Type
1-bed apartment
Size
797 sqft
Floor
12th of 54
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 23,400 /yr
Last sold
AED 2.18M · July 2016

About 1206, The Address Residences Dubai Opera T2

1206 is a one-bedroom apartment of 797 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 19 July 2016 for AED 2,180,888, or AED 2,735 per sqft, in line with the AED 2,741 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 February 2026. The current contract, signed on 14 February 2026, is AED 220,000 a year: a gross yield of 10.1% on the 2016 price, before the service charge of about AED 23,400 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in The Address Residences Dubai Opera T2
2.5M3M2016201920222025Typical sale price by year: 2016 AED 2,229,888; 2017 AED 2,177,888; 2020 AED 2,218,388; 2021 AED 2,173,175; 2022 AED 2,377,444; 2023 AED 2,850,000; 2024 AED 3,075,000; 2025 AED 3,050,000; 2026 AED 2,950,000Sold by developer, July 2016: AED 2,180,888 (AED 2,735 per sqft)

1206 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in The Address Residences Dubai Opera T2
175K200K225K2024202520262027Typical rent by year: 2024 AED 195,000; 2025 AED 190,000; 2026 AED 175,000New contract, February 2026: AED 220,000 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 T2, and where 1206 sits

All 82 1-beds →

1206 last sold in July 2016 at AED 2,735 per sqft, in line with what one-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 2,741). Over the last 12 months one-beds sold for AED 2,700,000 to 3,200,000, around AED 3,688 per sqft, and rent for AED 110,000 to 240,000 a year. 1206's AED 220,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20262,700,000
19 Jan 20262,800,000
14 Jan 20263,200,000
8 Jan 20263,100,000
4 1-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
12023-bedAED 4.74M · Jul 2016
12032-bedAED 4.05M · Jan 2026
12042-bedAED 3.12M · Feb 2017
12051-bedAED 2.35M · Apr 2022
12071-bedAED 2.19M · Jul 2016
12081-bedAED 2.55M · Dec 2022
1–7 of 9

1206, The Address Residences Dubai Opera T2 in numbers

  • Sold once: by Emaar on 19 July 2016 for AED 2,180,888, or AED 2,735 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2016 price is 10.1%, before a service charge of about AED 23,400 a year (AED 29.33 per sqft).
  • One-beds in The Address Residences Dubai Opera T2 sold for AED 2,700,000–3,200,000 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 14 February 2026.

Questions about 1206, The Address Residences Dubai Opera T2

What did unit 1206 last sell for?

AED 2,180,888 on 19 July 2016, sold by the developer: AED 2,735 per sqft for 797 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 220,000 a year on the contract signed on 14 February 2026.

How big is unit 1206?

797 sqft (74.0 sqm): a one-bedroom apartment on the 12th floor of a 54-storey tower completed in 2023.

What is unit 1206 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 T2 sold for AED 2,700,000 to 3,200,000 in the last 12 months, around AED 3,688 per sqft.

Selling 1206? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1206, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 2.18M, 19 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,180,888
Deposit, UAE resident (20%)
AED 436,178
Deposit, non-resident (40%)
AED 872,355
Monthly over 25 years at 3.7%
AED 8,923

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