2-bed · 1,242 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 16th floor · completed 2023

1607, The Address Residences Dubai Opera T2

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 3M22 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, The Address Residences Dubai Opera T2

What is 1607 worth today?

Last sold for AED 3,000,000 in 2023

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22 Nov 2023SoldReady
AED 3,000,000AED 2,415 per sqft
7 Feb 2019Sold by developerOff-plan
AED 3,265,888AED 2,692 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
2-bed apartment
Size
1,242 sqft
Floor
16th of 54
Parking
B5-5079
Developer
Emaar
Completed
2023
Service charge
AED 36,400 /yr
Last sold
AED 3M · November 2023

About 1607, The Address Residences Dubai Opera T2

1607 is a two-bedroom apartment of 1,242 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 22 November 2023 for AED 3,000,000, or AED 2,415 per sqft, 22% below the AED 3,107 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, February 2019: AED 3,265,888 (AED 2,692 per sqft)Sold, November 2023: AED 3,000,000 (AED 2,415 per sqft)

1607 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1607, 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 1607 sits

All 202 2-beds →

1607 last sold in November 2023 at AED 2,415 per sqft, 22% below what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,107). 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
16032-bedAED 4.55M · Mar 2025
16042-bedAED 3.24M · Oct 2026
16051-bedAED 2.97M · Oct 2025
16062-bedAED 3.14M · Jul 2016
16083-bedAED 5.28M · Jul 2016
1–7 of 8

1607, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 7 February 2019 for AED 3,265,888, last on 22 November 2023 for AED 3,000,000 (AED 2,415 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 22 November 2023.

Questions about 1607, The Address Residences Dubai Opera T2

What did unit 1607 last sell for?

AED 3,000,000 on 22 November 2023: AED 2,415 per sqft for 1,242 sqft. The unit has 2 registered sales; the first was AED 3,265,888 in February 2019.

How big is unit 1607?

1,242 sqft (115.4 sqm): a two-bedroom apartment on the 16th floor of a 54-storey tower completed in 2023.

What is unit 1607 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 1607, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 3M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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