3-bed · 1,681 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 17th floor · completed 2023

1701, The Address Residences Dubai Opera T2

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

Unit 1701 · DLD and Ejari recordsUpdated 13 January 2023
Last soldAED 5.8M13 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, The Address Residences Dubai Opera T2

What is 1701 worth today?

Last sold for AED 5,800,000 in 2023

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13 Jan 2023SoldOff-plan
AED 5,800,000AED 3,451 per sqft
27 Jul 2016Sold by developerOff-plan
AED 5,347,888AED 3,182 per sqft

Source: Dubai Land Department. Updated 13 January 2023.

Key facts

Type
3-bed apartment
Size
1,681 sqft
Floor
17th of 54
Parking
B3-3057, B3-3058
Developer
Emaar
Completed
2023
Service charge
AED 49,300 /yr
Last sold
AED 5.8M · January 2023

About 1701, The Address Residences Dubai Opera T2

1701 is a three-bedroom apartment of 1,681 sqft on the 17th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 13 January 2023 for AED 5,800,000, or AED 3,451 per sqft, 4% above the AED 3,334 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical three-bed in The Address Residences Dubai Opera T2
6M2016201920222025Typical sale price by year: 2016 AED 5,303,888; 2017 AED 5,282,888; 2018 AED 5,305,388; 2019 AED 5,321,888; 2020 AED 5,149,888; 2021 AED 5,380,999; 2022 AED 5,600,000; 2023 AED 6,312,500; 2024 AED 7,350,000; 2025 AED 7,500,000; 2026 AED 7,500,000Sold by developer, July 2016: AED 5,347,888 (AED 3,182 per sqft)Sold, January 2023: AED 5,800,000 (AED 3,451 per sqft)

1701 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1701, each contractTypical three-bed in The Address Residences Dubai Opera T2
350K400K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 395,000; 2026 AED 340,000

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 1701 sits

All 115 3-beds →

1701 last sold in January 2023 at AED 3,451 per sqft, 4% above what three-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,334). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jul 202613,000,000
16 Jul 20267,060,000
28 Jan 20267,500,000
17 Dec 20257,500,000
7 3-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
17023-bedAED 4.94M · Jan 2017
17032-bedAED 3.75M · Nov 2023
17042-bedAED 3.95M · Jan 2025
17051-bedAED 2.22M · Jul 2016
17062-bedAED 3.23M · Oct 2020
17072-bedAED 3.27M · Feb 2017
17083-bedAED 5.3M · Jul 2016
1–7 of 8

1701, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 27 July 2016 for AED 5,347,888, last on 13 January 2023 for AED 5,800,000 (AED 3,451 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 13 January 2023.

Questions about 1701, The Address Residences Dubai Opera T2

What did unit 1701 last sell for?

AED 5,800,000 on 13 January 2023: AED 3,451 per sqft for 1,681 sqft. The unit has 2 registered sales; the first was AED 5,347,888 in July 2016.

How big is unit 1701?

1,681 sqft (156.2 sqm): a three-bedroom apartment on the 17th floor of a 54-storey tower completed in 2023.

What is unit 1701 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 1701, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 5.8M, 13 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,800,000
Deposit, UAE resident (20%)
AED 1,160,000
Deposit, non-resident (40%)
AED 2,320,000
Monthly over 25 years at 3.7%
AED 23,730

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