1601, The Address Residences Dubai Opera T2
Sold prices and rental history: sold once, by the developer in January 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, The Address Residences Dubai Opera T2
What is 1601 worth today?
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Source: Dubai Land Department. Updated 7 July 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,680 sqft
- Floor
- 16th of 54
- Parking
- 2
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 49,300 /yr
- Last sold
- AED 5.62M · January 2022
About 1601, The Address Residences Dubai Opera T2
1601 is a three-bedroom apartment of 1,680 sqft on the 16th 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 3 January 2022 for AED 5,622,888, or AED 3,346 per sqft, 6% above the AED 3,166 three-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 7 July 2026, is AED 400,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 49,300 a year.
Sales and rents for 1601 over time
1601 has sold once; the dashed line is the three-bed median of each year in the building.
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 1601 sits
All 115 3-beds →1601 last sold in January 2022 at AED 3,346 per sqft, 6% above what three-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,166). 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. 1601's AED 400,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,680 sqft | 13,000,000 | 7,737 | ||
| 16 Jul 202616 July 2026 | 1,575 sqft | 7,060,000 | 4,482 | ||
| 28 Jan 202628 January 2026 | 1,680 sqft | 7,500,000 | 4,464 | ||
| 17 Dec 202517 December 2025 | 1,563 sqft | 7,500,000 | 4,798 |
The Address Residences Dubai Opera T2
Building406 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%
Other units on the 16th floor
All 406 units in The Address Residences Dubai Opera T2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 3-bed | 1,575 sqft | AED 8MAED 8,000,000 · Jul 2024July 2024 | ||
| 1603 | 2-bed | 1,264 sqft | AED 4.55MAED 4,550,000 · Mar 2025March 2025 | ||
| 1604 | 2-bed | 1,190 sqft | AED 3.24MAED 3,241,666 · Oct 2026October 2026 | 240,000 /yr | |
| 1605 | 1-bed | 802 sqft | AED 2.97MAED 2,970,000 · Oct 2025October 2025 | 170,000 /yr | |
| 1606 | 2-bed | 1,227 sqft | AED 3.14MAED 3,139,888 · Jul 2016July 2016 | 265,000 /yr | |
| 1607 | 2-bed | 1,242 sqft | AED 3MAED 3,000,000 · Nov 2023November 2023 | ||
| 1608 | 3-bed | 1,775 sqft | AED 5.28MAED 5,278,888 · Jul 2016July 2016 | ||
| 1609 | 2-bed | 1,200 sqft | AED 4MAED 4,004,888 · Jul 2016July 2016 | 372,000 /yr |
1601, The Address Residences Dubai Opera T2 in numbers
- Sold once: by Emaar on 3 January 2022 for AED 5,622,888, or AED 3,346 per sqft.
- Rented since April 2024 on 4 Ejari contracts, from AED 430,000 to AED 400,000 a year.
- At AED 400,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 49,300 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 7 July 2026.
Questions about 1601, The Address Residences Dubai Opera T2
What did unit 1601 last sell for?
AED 5,622,888 on 3 January 2022, sold by the developer: AED 3,346 per sqft for 1,680 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 400,000 a year on the contract renewed on 7 July 2026. The previous contract, from July 2025, was AED 400,000; the unit has been rented since April 2024.
How big is unit 1601?
1,680 sqft (156.1 sqm): a three-bedroom apartment on the 16th floor of a 54-storey tower completed in 2023.
What is unit 1601 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 1601, The Address Residences Dubai Opera T2
Starts from the last sale price (AED 5.62M, 3 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 5,622,888
- Deposit, UAE resident (20%)
- AED 1,124,578
- Deposit, non-resident (40%)
- AED 2,249,155
- Monthly over 25 years at 3.7%
- AED 23,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →