3-bed · 1,558 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 34th floor · completed 2023

3402, The Address Residences Dubai Opera T2

Sold prices and rental history: sold once, by the developer in August 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 30 August 2020
Last soldAED 5.15M30 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, The Address Residences Dubai Opera T2

What is 3402 worth today?

Last sold for AED 5,149,888 in 2020

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30 Aug 2020Sold by developerOff-plan
AED 5,149,888AED 3,306 per sqft

Source: Dubai Land Department. Updated 30 August 2020.

Key facts

Type
3-bed apartment
Size
1,558 sqft
Floor
34th of 54
Parking
2
Developer
Emaar
Completed
2023
Service charge
AED 45,700 /yr
Last sold
AED 5.15M · August 2020

About 3402, The Address Residences Dubai Opera T2

3402 is a three-bedroom apartment of 1,558 sqft on the 34th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. The developer sold it on 30 August 2020 for AED 5,149,888, or AED 3,306 per sqft, 5% above the AED 3,151 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, August 2020: AED 5,149,888 (AED 3,306 per sqft)

3402 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3402, each contractTypical three-bed in The Address Residences Dubai Opera T2
350K400K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 395,000; 2026 AED 340,000

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 3402 sits

All 115 3-beds →

3402 last sold in August 2020 at AED 3,306 per sqft, 5% above what three-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,151). 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.

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
34013-bedAED 7.1M · Aug 2024
34032-bedAED 3.17M · Jul 2016
34042-bedAED 4M · Jul 2026
34051-bedAED 2.78M · Jun 2023
34062-bedAED 4.2M · Feb 2026
34072-bedAED 3.18M · Feb 2024
34083-bedAED 5.61M · Jan 2017
1–7 of 8

3402, The Address Residences Dubai Opera T2 in numbers

  • Sold once: by Emaar on 30 August 2020 for AED 5,149,888, or AED 3,306 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 30 August 2020.

Questions about 3402, The Address Residences Dubai Opera T2

What did unit 3402 last sell for?

AED 5,149,888 on 30 August 2020, sold by the developer: AED 3,306 per sqft for 1,558 sqft. It is the only registered sale of the unit.

How big is unit 3402?

1,558 sqft (144.7 sqm): a three-bedroom apartment on the 34th floor of a 54-storey tower completed in 2023.

What is unit 3402 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 3402, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 5.15M, 30 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 5,149,888
Deposit, UAE resident (20%)
AED 1,029,978
Deposit, non-resident (40%)
AED 2,059,955
Monthly over 25 years at 3.7%
AED 21,070

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