2-bed · 1,190 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 16th floor · completed 2023

1604, The Address Residences Dubai Opera T2

Sold prices and rental history: sold 3 times, last in October 2026, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 3.24M7 October 2026
Current rentAED 240K /yr25 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, The Address Residences Dubai Opera T2

What is 1604 worth today?

Last sold for AED 3,241,666 in 2026

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7 Oct 2026SoldReady
AED 3,241,666AED 2,722 per sqft
5 Oct 2026SoldReady
AED 3,990,000AED 3,351 per sqft
25 Aug 2025RentedNew contract
AED 240,000/yr12 months · AED 201 per sqft
13 Aug 2018Sold by developerOff-plan
AED 3,159,888AED 2,654 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
2-bed apartment
Size
1,190 sqft
Floor
16th of 54
Parking
B6-6105
Developer
Emaar
Completed
2023
Service charge
AED 34,900 /yr
Last sold
AED 3.24M · October 2026

About 1604, The Address Residences Dubai Opera T2

1604 is a two-bedroom apartment of 1,190 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 7 October 2026 for AED 3,241,666, or AED 2,722 per sqft, 16% below the AED 3,240 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 August 2025. The current contract, signed on 25 August 2025, is AED 240,000 a year: a gross yield of 7.4% on the 2026 price, before the service charge of about AED 34,900 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, August 2018: AED 3,159,888 (AED 2,654 per sqft)Sold, October 2026: AED 3,241,666 (AED 2,722 per sqft)Sold, October 2026: AED 3,990,000 (AED 3,351 per sqft)

1604 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, 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 240,000New contract, August 2025: AED 240,000 a year

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 1604 sits

All 202 2-beds →

1604 last sold in October 2026 at AED 2,722 per sqft, 16% below what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,240). 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. 1604's AED 240,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Sep 20263,875,000
26 Aug 20263,520,000
17 Aug 20263,900,888
13 Aug 20265,100,000
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
16032-bedAED 4.55M · Mar 2025
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

1604, The Address Residences Dubai Opera T2 in numbers

  • Sold 3 times: first on 13 August 2018 for AED 3,159,888, last on 7 October 2026 for AED 3,241,666 (AED 2,722 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2026 price is 7.4%, before a service charge of about AED 34,900 a year (AED 29.33 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 7 October 2026.

Questions about 1604, The Address Residences Dubai Opera T2

What did unit 1604 last sell for?

AED 3,241,666 on 7 October 2026: AED 2,722 per sqft for 1,190 sqft. The unit has 3 registered sales; the first was AED 3,159,888 in August 2018.

What is the rent for unit 1604?

AED 240,000 a year on the contract signed on 25 August 2025.

How big is unit 1604?

1,190 sqft (110.6 sqm): a two-bedroom apartment on the 16th floor of a 54-storey tower completed in 2023.

What is unit 1604 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 1604, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 3.24M, 7 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,241,666
Deposit, UAE resident (20%)
AED 648,333
Deposit, non-resident (40%)
AED 1,296,666
Monthly over 25 years at 3.7%
AED 13,263

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