3-bed · 1,775 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 24th floor · completed 2023

2408, The Address Residences Dubai Opera T2

Sold prices and rental history: sold twice, last in April 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2408 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 8.4M30 April 2024
Current rentAED 280K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, The Address Residences Dubai Opera T2

What is 2408 worth today?

Last sold for AED 8,400,000 in 2024

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1 Jul 2026RentedNew contract
AED 280,000/yr12 months · AED 158 per sqft
8 Oct 2025RentedRenewal
AED 400,000/yr12 months · AED 225 per sqft
8 Oct 2024RentedNew contract
AED 415,000/yr12 months · AED 234 per sqft
30 Apr 2024SoldReady
AED 8,400,000AED 4,732 per sqft
21 Apr 2022Sold by developerOff-plan
AED 5,200,000AED 2,930 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
3-bed apartment
Size
1,775 sqft
Floor
24th of 54
Parking
B5-5001, B5-5002
Developer
Emaar
Completed
2023
Service charge
AED 52,100 /yr
Last sold
AED 8.4M · April 2024

About 2408, The Address Residences Dubai Opera T2

2408 is a three-bedroom apartment of 1,775 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 30 April 2024 for AED 8,400,000, or AED 4,732 per sqft, 13% above the AED 4,199 three-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 July 2026, is AED 280,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 52,100 a year.

Sales and rents for 2408 over time

Sales
Unit 2408, each saleTypical three-bed in The Address Residences Dubai Opera T2
6M8M2016201920222025Typical 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, April 2022: AED 5,200,000 (AED 2,930 per sqft)Sold, April 2024: AED 8,400,000 (AED 4,732 per sqft)

2408 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2408, 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, October 2024: AED 415,000 a yearRenewal, October 2025: AED 400,000 a yearNew contract, July 2026: AED 280,000 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 2408 sits

All 115 3-beds →

2408 last sold in April 2024 at AED 4,732 per sqft, 13% above what three-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 4,199). 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. 2408's AED 280,000 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
24013-bedAED 7.4M · Oct 2023
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
1–7 of 8

2408, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 21 April 2022 for AED 5,200,000, last on 30 April 2024 for AED 8,400,000 (AED 4,732 per sqft).
  • Rented since October 2024 on 3 Ejari contracts, from AED 415,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 52,100 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 July 2026.

Questions about 2408, The Address Residences Dubai Opera T2

What did unit 2408 last sell for?

AED 8,400,000 on 30 April 2024: AED 4,732 per sqft for 1,775 sqft. The unit has 2 registered sales; the first was AED 5,200,000 in April 2022.

What is the rent for unit 2408?

AED 280,000 a year on the contract signed on 1 July 2026. The previous contract, from October 2025, was AED 400,000; the unit has been rented since October 2024.

How big is unit 2408?

1,775 sqft (164.9 sqm): a three-bedroom apartment on the 24th floor of a 54-storey tower completed in 2023.

What is unit 2408 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 2408, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 8.4M, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,400,000
Deposit, UAE resident (20%)
AED 1,680,000
Deposit, non-resident (40%)
AED 3,360,000
Monthly over 25 years at 3.7%
AED 34,367

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