1-bed · 827 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 3rd floor · completed 2023

308, The Address Residences Dubai Opera T2

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 2.68M25 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, The Address Residences Dubai Opera T2

What is 308 worth today?

Last sold for AED 2,680,000 in 2023

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25 May 2023SoldReady
AED 2,680,000AED 3,240 per sqft
27 Jul 2016Sold by developerOff-plan
AED 2,285,888AED 2,883 per sqft

Source: Dubai Land Department. Updated 25 May 2023.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
3rd of 54
Parking
B2-2015
Developer
Emaar
Completed
2023
Service charge
AED 24,300 /yr
Last sold
AED 2.68M · May 2023

About 308, The Address Residences Dubai Opera T2

308 is a one-bedroom apartment of 827 sqft on the 3rd floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 25 May 2023 for AED 2,680,000, or AED 3,240 per sqft, 9% above the AED 2,979 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in The Address Residences Dubai Opera T2
2.5M3M2016201920222025Typical sale price by year: 2016 AED 2,229,888; 2017 AED 2,177,888; 2020 AED 2,218,388; 2021 AED 2,173,175; 2022 AED 2,377,444; 2023 AED 2,850,000; 2024 AED 3,075,000; 2025 AED 3,050,000; 2026 AED 2,950,000Sold by developer, July 2016: AED 2,285,888 (AED 2,883 per sqft)Sold, May 2023: AED 2,680,000 (AED 3,240 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in The Address Residences Dubai Opera T2
180K190K2024202520262027Typical rent by year: 2024 AED 195,000; 2025 AED 190,000; 2026 AED 175,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Residences Dubai Opera T2, and where 308 sits

All 82 1-beds →

308 last sold in May 2023 at AED 3,240 per sqft, 9% above what one-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 2,979). Over the last 12 months one-beds sold for AED 2,700,000 to 3,200,000, around AED 3,688 per sqft, and rent for AED 110,000 to 240,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20262,700,000
19 Jan 20262,800,000
14 Jan 20263,200,000
8 Jan 20263,100,000
4 1-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
3013-bedAED 5M · Jul 2016
3023-bedAED 6.9M · Dec 2025
3032-bedAED 3.53M · Jun 2023
3042-bedAED 3.06M · Apr 2017
3051-bedAED 2.16M · Jul 2016
3061-bedAED 3.1M · Nov 2024
3071-bedAED 2.17M · Jul 2016
1–7 of 9

308, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 27 July 2016 for AED 2,285,888, last on 25 May 2023 for AED 2,680,000 (AED 3,240 per sqft).
  • One-beds in The Address Residences Dubai Opera T2 sold for AED 2,700,000–3,200,000 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 25 May 2023.

Questions about 308, The Address Residences Dubai Opera T2

What did unit 308 last sell for?

AED 2,680,000 on 25 May 2023: AED 3,240 per sqft for 827 sqft. The unit has 2 registered sales; the first was AED 2,285,888 in July 2016.

How big is unit 308?

827 sqft (76.8 sqm): a one-bedroom apartment on the 3rd floor of a 54-storey tower completed in 2023.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Residences Dubai Opera T2 sold for AED 2,700,000 to 3,200,000 in the last 12 months, around AED 3,688 per sqft.

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Mortgage on 308, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 2.68M, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,680,000
Deposit, UAE resident (20%)
AED 536,000
Deposit, non-resident (40%)
AED 1,072,000
Monthly over 25 years at 3.7%
AED 10,965

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