2-bed · 1,242 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 34th floor · completed 2023

3407, The Address Residences Dubai Opera T2

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

Unit 3407 · DLD and Ejari recordsUpdated 26 February 2024
Last soldAED 3.18M26 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3407, The Address Residences Dubai Opera T2

What is 3407 worth today?

Last sold for AED 3,178,100 in 2024

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26 Feb 2024SoldReady
AED 3,178,100AED 2,558 per sqft
22 Dec 2021Sold by developerOff-plan
AED 3,640,888AED 2,930 per sqft

Source: Dubai Land Department. Updated 26 February 2024.

Key facts

Type
2-bed apartment
Size
1,242 sqft
Floor
34th of 54
Parking
B3-3286
Developer
Emaar
Completed
2023
Service charge
AED 36,400 /yr
Last sold
AED 3.18M · February 2024

About 3407, The Address Residences Dubai Opera T2

3407 is a two-bedroom apartment of 1,242 sqft on the 34th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 26 February 2024 for AED 3,178,100, or AED 2,558 per sqft, 21% below the AED 3,227 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3407 over time

Sales
Unit 3407, 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, December 2021: AED 3,640,888 (AED 2,930 per sqft)Sold, February 2024: AED 3,178,100 (AED 2,558 per sqft)

3407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3407, 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 240,000

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 3407 sits

All 202 2-beds →

3407 last sold in February 2024 at AED 2,558 per sqft, 21% below what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,227). 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 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
34023-bedAED 5.15M · Aug 2020
34032-bedAED 3.17M · Jul 2016
34042-bedAED 4M · Jul 2026
34051-bedAED 2.78M · Jun 2023
34062-bedAED 4.2M · Feb 2026
34083-bedAED 5.61M · Jan 2017
1–7 of 8

3407, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 22 December 2021 for AED 3,640,888, last on 26 February 2024 for AED 3,178,100 (AED 2,558 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 26 February 2024.

Questions about 3407, The Address Residences Dubai Opera T2

What did unit 3407 last sell for?

AED 3,178,100 on 26 February 2024: AED 2,558 per sqft for 1,242 sqft. The unit has 2 registered sales; the first was AED 3,640,888 in December 2021.

How big is unit 3407?

1,242 sqft (115.4 sqm): a two-bedroom apartment on the 34th floor of a 54-storey tower completed in 2023.

What is unit 3407 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 3407, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 3.18M, 26 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,178,100
Deposit, UAE resident (20%)
AED 635,620
Deposit, non-resident (40%)
AED 1,271,240
Monthly over 25 years at 3.7%
AED 13,003

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