2-bed · 1,264 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 26th floor · completed 2023

2603, The Address Residences Dubai Opera T2

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 4.23M12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, The Address Residences Dubai Opera T2

What is 2603 worth today?

Last sold for AED 4,225,000 in 2024

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12 Dec 2024SoldReady
AED 4,225,000AED 3,342 per sqft
20 Jul 2016Sold by developerOff-plan
AED 3,119,888AED 2,468 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
2-bed apartment
Size
1,264 sqft
Floor
26th of 54
Parking
B6-6065
Developer
Emaar
Completed
2023
Service charge
AED 37,100 /yr
Last sold
AED 4.23M · December 2024

About 2603, The Address Residences Dubai Opera T2

2603 is a two-bedroom apartment of 1,264 sqft on the 26th 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 December 2024 for AED 4,225,000, or AED 3,342 per sqft, 5% below the AED 3,515 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, July 2016: AED 3,119,888 (AED 2,468 per sqft)Sold, December 2024: AED 4,225,000 (AED 3,342 per sqft)

2603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, 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 238,717

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 2603 sits

All 202 2-beds →

2603 last sold in December 2024 at AED 3,342 per sqft, 5% below what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,515). 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.

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 248K /yr
Typical yield
5.9%
The Address Residences Dubai Opera T2, Downtown Dubai: prices, sales and rents →
Value
26013-bedAED 5.59M · Jul 2016
26023-bedAED 5.06M · Jul 2016
26042-bedAED 4.2M · Mar 2024
26051-bedAED 2.38M · Nov 2021
26062-bedAED 3.2M · Mar 2017
26072-bedAED 3.33M · Jan 2017
26083-bedAED 5.51M · Mar 2019
1–7 of 8

2603, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 20 July 2016 for AED 3,119,888, last on 12 December 2024 for AED 4,225,000 (AED 3,342 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 12 December 2024.

Questions about 2603, The Address Residences Dubai Opera T2

What did unit 2603 last sell for?

AED 4,225,000 on 12 December 2024: AED 3,342 per sqft for 1,264 sqft. The unit has 2 registered sales; the first was AED 3,119,888 in July 2016.

How big is unit 2603?

1,264 sqft (117.4 sqm): a two-bedroom apartment on the 26th floor of a 54-storey tower completed in 2023.

What is unit 2603 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 2603, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 4.23M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,225,000
Deposit, UAE resident (20%)
AED 845,000
Deposit, non-resident (40%)
AED 1,690,000
Monthly over 25 years at 3.7%
AED 17,286

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