2-bed · 1,264 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 16th floor · completed 2023

1603, The Address Residences Dubai Opera T2

Sold prices and rental history: sold 4 times, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 4.55M27 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, The Address Residences Dubai Opera T2

What is 1603 worth today?

Last sold for AED 4,550,000 in 2025

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27 Mar 2025SoldReady
AED 4,550,000AED 3,599 per sqft
9 Nov 2023SoldReady
AED 3,700,000AED 2,927 per sqft
3 Mar 2023SoldOff-plan
AED 3,700,000AED 2,927 per sqft
17 Mar 2020Sold by developerOff-plan
AED 3,068,888AED 2,428 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
2-bed apartment
Size
1,264 sqft
Floor
16th of 54
Parking
B6-6058
Developer
Emaar
Completed
2023
Service charge
AED 37,100 /yr
Last sold
AED 4.55M · March 2025

About 1603, The Address Residences Dubai Opera T2

1603 is a two-bedroom apartment of 1,264 sqft on the 16th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 27 March 2025 for AED 4,550,000, or AED 3,599 per sqft, in line with the AED 3,565 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, March 2020: AED 3,068,888 (AED 2,428 per sqft)Sold, March 2023: AED 3,700,000 (AED 2,927 per sqft)Sold, November 2023: AED 3,700,000 (AED 2,927 per sqft)Sold, March 2025: AED 4,550,000 (AED 3,599 per sqft)

1603 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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 1603 sits

All 202 2-beds →

1603 last sold in March 2025 at AED 3,599 per sqft, in line with what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,565). 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
16013-bedAED 5.62M · Jan 2022
16023-bedAED 8M · Jul 2024
16042-bedAED 3.24M · Oct 2026
16051-bedAED 2.97M · Oct 2025
16062-bedAED 3.14M · Jul 2016
16072-bedAED 3M · Nov 2023
16083-bedAED 5.28M · Jul 2016
1–7 of 8

1603, The Address Residences Dubai Opera T2 in numbers

  • Sold 4 times: first on 17 March 2020 for AED 3,068,888, last on 27 March 2025 for AED 4,550,000 (AED 3,599 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 27 March 2025.

Questions about 1603, The Address Residences Dubai Opera T2

What did unit 1603 last sell for?

AED 4,550,000 on 27 March 2025: AED 3,599 per sqft for 1,264 sqft. The unit has 4 registered sales; the first was AED 3,068,888 in March 2020.

How big is unit 1603?

1,264 sqft (117.4 sqm): a two-bedroom apartment on the 16th floor of a 54-storey tower completed in 2023.

What is unit 1603 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 1603, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 4.55M, 27 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,550,000
Deposit, UAE resident (20%)
AED 910,000
Deposit, non-resident (40%)
AED 1,820,000
Monthly over 25 years at 3.7%
AED 18,615

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