1606, The Address Residences Dubai Opera T2
Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, The Address Residences Dubai Opera T2
What is 1606 worth today?
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Source: Dubai Land Department. Updated 7 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,227 sqft
- Floor
- 16th of 54
- Parking
- 1
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 36,000 /yr
- Last sold
- AED 3.14M · July 2016
About 1606, The Address Residences Dubai Opera T2
1606 is a two-bedroom apartment of 1,227 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 14 July 2016 for AED 3,139,888, or AED 2,559 per sqft, 23% below the AED 3,326 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 7 February 2026, is AED 265,000 a year: a gross yield of 8.4% on the 2016 price, before the service charge of about AED 36,000 a year.
Sales and rents for 1606 over time
1606 has sold once; the dashed line is the two-bed median of each year in the building.
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 1606 sits
All 202 2-beds →1606 last sold in July 2016 at AED 2,559 per sqft, 23% below what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,326). 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. 1606's AED 265,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,190 sqft | 3,241,666 | 2,722 | ||
| 5 Oct 20265 October 2026 | 1,190 sqft | 3,990,000 | 3,351 | ||
| 15 Sep 202615 September 2026 | 1,255 sqft | 3,875,000 | 3,088 | ||
| 26 Aug 202626 August 2026 | 1,183 sqft | 3,520,000 | 2,975 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,680 sqft | AED 5.62MAED 5,622,888 · Jan 2022January 2022 | 400,000 /yr | |
| 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 | |
| 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 |
1606, The Address Residences Dubai Opera T2 in numbers
- Sold once: by Emaar on 14 July 2016 for AED 3,139,888, or AED 2,559 per sqft.
- Rented since January 2025 on 3 Ejari contracts, from AED 280,500 to AED 265,000 a year.
- At AED 265,000 a year the gross yield on the 2016 price is 8.4%, before a service charge of about AED 36,000 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 February 2026.
Questions about 1606, The Address Residences Dubai Opera T2
What did unit 1606 last sell for?
AED 3,139,888 on 14 July 2016, sold by the developer: AED 2,559 per sqft for 1,227 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 265,000 a year on the contract signed on 7 February 2026. The previous contract, from January 2025, was AED 280,500; the unit has been rented since January 2025.
How big is unit 1606?
1,227 sqft (114.0 sqm): a two-bedroom apartment on the 16th floor of a 54-storey tower completed in 2023.
What is unit 1606 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 1606, The Address Residences Dubai Opera T2
Starts from the last sale price (AED 3.14M, 14 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,139,888
- Deposit, UAE resident (20%)
- AED 627,978
- Deposit, non-resident (40%)
- AED 1,255,955
- Monthly over 25 years at 3.7%
- AED 12,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →