3-bed · 1,680 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 24th floor · completed 2023

2401, The Address Residences Dubai Opera T2

Sold prices and rental history: sold twice, last in October 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 7.4M12 October 2023
Current rentAED 300K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, The Address Residences Dubai Opera T2

What is 2401 worth today?

Last sold for AED 7,400,000 in 2023

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1 Jun 2026RentedNew contract
AED 300,000/yr12 months · AED 179 per sqft
12 Aug 2025RentedNew contract
AED 460,000/yr6 months · AED 274 per sqft
12 Oct 2023SoldReady
AED 7,400,000AED 4,404 per sqft
21 Jul 2016Sold by developerOff-plan
AED 5,540,888AED 3,298 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
3-bed apartment
Size
1,680 sqft
Floor
24th of 54
Parking
B3-3075, B3-3076
Developer
Emaar
Completed
2023
Service charge
AED 49,300 /yr
Last sold
AED 7.4M · October 2023

About 2401, The Address Residences Dubai Opera T2

2401 is a three-bedroom apartment of 1,680 sqft on the 24th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 12 October 2023 for AED 7,400,000, or AED 4,404 per sqft, 17% above the AED 3,760 three-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 June 2026, is AED 300,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 49,300 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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 5,540,888 (AED 3,298 per sqft)Sold, October 2023: AED 7,400,000 (AED 4,404 per sqft)

2401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2401, each contractTypical three-bed in The Address Residences Dubai Opera T2
300K400K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 395,000; 2026 AED 340,000New contract, August 2025: AED 460,000 a yearNew contract, June 2026: AED 300,000 a year

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 2401 sits

All 115 3-beds →

2401 last sold in October 2023 at AED 4,404 per sqft, 17% above what three-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,760). 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. 2401's AED 300,000 is in the upper half of that range.

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
24023-bedAED 7.5M · Mar 2024
24032-bedAED 4M · Mar 2023
24042-bedAED 3.7M · Jun 2023
24051-bedAED 2.7M · Aug 2026
24062-bedAED 3.19M · Feb 2020
24072-bedAED 3.32M · Jan 2017
24083-bedAED 8.4M · Apr 2024
1–7 of 8

2401, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 21 July 2016 for AED 5,540,888, last on 12 October 2023 for AED 7,400,000 (AED 4,404 per sqft).
  • Rented since August 2025 on 2 Ejari contracts, from AED 460,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 49,300 a year (AED 29.33 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 1 June 2026.

Questions about 2401, The Address Residences Dubai Opera T2

What did unit 2401 last sell for?

AED 7,400,000 on 12 October 2023: AED 4,404 per sqft for 1,680 sqft. The unit has 2 registered sales; the first was AED 5,540,888 in July 2016.

What is the rent for unit 2401?

AED 300,000 a year on the contract signed on 1 June 2026. The previous contract, from August 2025, was AED 460,000.

How big is unit 2401?

1,680 sqft (156.1 sqm): a three-bedroom apartment on the 24th floor of a 54-storey tower completed in 2023.

What is unit 2401 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 2401, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 7.4M, 12 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,400,000
Deposit, UAE resident (20%)
AED 1,480,000
Deposit, non-resident (40%)
AED 2,960,000
Monthly over 25 years at 3.7%
AED 30,276

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