2-bed · 1,200 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 18th floor · completed 2023

1809, The Address Residences Dubai Opera T2

Sold prices and rental history: sold 3 times, last in May 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1809 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 5.4M11 May 2023
Current rentAED 450K /yr9 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1809, The Address Residences Dubai Opera T2

What is 1809 worth today?

Last sold for AED 5,400,000 in 2023

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9 Aug 2024RentedRenewal
AED 450,000/yr12 months · AED 375 per sqft
11 May 2023SoldReady
AED 5,400,000AED 4,500 per sqft
21 Mar 2017SoldOff-plan
AED 4,040,888AED 3,366 per sqft
26 Jul 2016Sold by developerOff-plan
AED 4,040,888AED 3,366 per sqft

Source: Dubai Land Department. Updated 9 August 2024.

Key facts

Type
2-bed apartment
Size
1,200 sqft
Floor
18th of 54
Parking
B4-4056
Developer
Emaar
Completed
2023
Service charge
AED 35,200 /yr
Last sold
AED 5.4M · May 2023

About 1809, The Address Residences Dubai Opera T2

1809 is a two-bedroom apartment of 1,200 sqft on the 18th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 11 May 2023 for AED 5,400,000, or AED 4,500 per sqft, 58% above the AED 2,856 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 August 2024. The current contract, renewed on 9 August 2024, is AED 450,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 35,200 a year.

Sales and rents for 1809 over time

Sales
Unit 1809, each saleTypical two-bed in The Address Residences Dubai Opera T2
4M2016201920222025Typical 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, July 2016: AED 4,040,888 (AED 3,366 per sqft)Sold, March 2017: AED 4,040,888 (AED 3,366 per sqft)Sold, May 2023: AED 5,400,000 (AED 4,500 per sqft)

1809 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1809, each contractTypical two-bed in The Address Residences Dubai Opera T2
300K400K20232024202520262027Typical rent by year: 2023 AED 270,000; 2024 AED 270,000; 2025 AED 260,000; 2026 AED 240,000Renewal, August 2024: AED 450,000 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 1809 sits

All 202 2-beds →

1809 last sold in May 2023 at AED 4,500 per sqft, 58% above what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 2,856). 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. 1809's AED 450,000 is at the top 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
18013-bedAED 7M · Jun 2023
18023-bedAED 4M · Mar 2021
18032-bedAED 3.07M · May 2019
18042-bedAED 3.24M · Jan 2022
18051-bedAED 2.22M · Jul 2016
18062-bedAED 4.21M · Sep 2024
18072-bedAED 4M · Jan 2024
1–7 of 8

1809, The Address Residences Dubai Opera T2 in numbers

  • Sold 3 times: first on 26 July 2016 for AED 4,040,888, last on 11 May 2023 for AED 5,400,000 (AED 4,500 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2023 price is 8.3%, 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 9 August 2024.

Questions about 1809, The Address Residences Dubai Opera T2

What did unit 1809 last sell for?

AED 5,400,000 on 11 May 2023: AED 4,500 per sqft for 1,200 sqft. The unit has 3 registered sales; the first was AED 4,040,888 in July 2016.

What is the rent for unit 1809?

AED 450,000 a year on the contract renewed on 9 August 2024.

How big is unit 1809?

1,200 sqft (111.5 sqm): a two-bedroom apartment on the 18th floor of a 54-storey tower completed in 2023.

What is unit 1809 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 1809, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 5.4M, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,400,000
Deposit, UAE resident (20%)
AED 1,080,000
Deposit, non-resident (40%)
AED 2,160,000
Monthly over 25 years at 3.7%
AED 22,093

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