2-bed · 1,199 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 17th floor · completed 2023

1706, The Address Residences Dubai Opera T2

Sold prices and rental history: sold once, by the developer in October 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 16 October 2025
Last soldAED 3.23M21 October 2020
Current rentAED 250K /yr16 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, The Address Residences Dubai Opera T2

What is 1706 worth today?

Last sold for AED 3,231,888 in 2020

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16 Oct 2025RentedNew contract
AED 250,000/yr12 months · AED 209 per sqft
1 Oct 2024RentedNew contract
AED 240,000/yr12 months · AED 201 per sqft
21 Oct 2020Sold by developerOff-plan
AED 3,231,888AED 2,695 per sqft

Source: Dubai Land Department. Updated 16 October 2025.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
17th of 54
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 35,200 /yr
Last sold
AED 3.23M · October 2020

About 1706, The Address Residences Dubai Opera T2

1706 is a two-bedroom apartment of 1,199 sqft on the 17th 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 21 October 2020 for AED 3,231,888, or AED 2,695 per sqft, 4% above the AED 2,603 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 16 October 2025, is AED 250,000 a year: a gross yield of 7.7% on the 2020 price, before the service charge of about AED 35,200 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, October 2020: AED 3,231,888 (AED 2,695 per sqft)

1706 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, 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, October 2024: AED 240,000 a yearNew contract, October 2025: AED 250,000 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 1706 sits

All 202 2-beds →

1706 last sold in October 2020 at AED 2,695 per sqft, 4% above what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 2,603). 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. 1706's AED 250,000 is in the lower half of that range.

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
17013-bedAED 5.8M · Jan 2023
17023-bedAED 4.94M · Jan 2017
17032-bedAED 3.75M · Nov 2023
17042-bedAED 3.95M · Jan 2025
17051-bedAED 2.22M · Jul 2016
17072-bedAED 3.27M · Feb 2017
17083-bedAED 5.3M · Jul 2016
1–7 of 8

1706, The Address Residences Dubai Opera T2 in numbers

  • Sold once: by Emaar on 21 October 2020 for AED 3,231,888, or AED 2,695 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 240,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2020 price is 7.7%, before a service charge of about AED 35,200 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 16 October 2025.

Questions about 1706, The Address Residences Dubai Opera T2

What did unit 1706 last sell for?

AED 3,231,888 on 21 October 2020, sold by the developer: AED 2,695 per sqft for 1,199 sqft. It is the only registered sale of the unit.

What is the rent for unit 1706?

AED 250,000 a year on the contract signed on 16 October 2025. The previous contract, from October 2024, was AED 240,000.

How big is unit 1706?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 17th floor of a 54-storey tower completed in 2023.

What is unit 1706 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 1706, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 3.23M, 21 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,231,888
Deposit, UAE resident (20%)
AED 646,378
Deposit, non-resident (40%)
AED 1,292,755
Monthly over 25 years at 3.7%
AED 13,223

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