2-bed · 1,177 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 37th floor · completed 2023

3704, The Address Residences Dubai Opera T2

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3704 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 3.28M31 August 2016
Current rentAED 240K /yr5 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3704, The Address Residences Dubai Opera T2

What is 3704 worth today?

Last sold for AED 3,278,888 in 2016

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5 Jun 2026RentedRenewal
AED 240,000/yr12 months · AED 202 per sqft
5 Jun 2025RentedNew contract
AED 240,000/yr12 months · AED 202 per sqft
5 Jun 2025RentedNew contract
AED 240,000/yr12 months · AED 202 per sqft
31 Aug 2016Sold by developerOff-plan
AED 3,278,888AED 2,786 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
2-bed apartment
Size
1,177 sqft
Floor
37th of 54
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 34,500 /yr
Last sold
AED 3.28M · August 2016

About 3704, The Address Residences Dubai Opera T2

3704 is a two-bedroom apartment of 1,177 sqft on the 37th 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 31 August 2016 for AED 3,278,888, or AED 2,786 per sqft, in line with the AED 2,797 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 240,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 34,500 a year.

Sales and rents for 3704 over time

Sales
Unit 3704, 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, August 2016: AED 3,278,888 (AED 2,786 per sqft)

3704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3704, 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 240,000New contract, June 2025: AED 240,000 a yearNew contract, June 2025: AED 240,000 a yearRenewal, June 2026: AED 240,000 a year

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 3704 sits

All 202 2-beds →

3704 last sold in August 2016 at AED 2,786 per sqft, in line with what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 2,797). 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. 3704's AED 240,000 is in the lower half of that range.

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
37013-bedAED 8.1M · Sep 2024
37023-bedAED 6.5M · Jan 2025
37032-bedAED 3.19M · Aug 2017
37051-bedAED 2.31M · Jul 2016
37062-bedAED 3.35M · Feb 2017
37072-bedAED 3.9M · Aug 2026
37083-bedAED 5.64M · Sep 2021
1–7 of 8

3704, The Address Residences Dubai Opera T2 in numbers

  • Sold once: by Emaar on 31 August 2016 for AED 3,278,888, or AED 2,786 per sqft.
  • Rented since June 2025 on 3 Ejari contracts, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 34,500 a year (AED 29.33 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 5 June 2026.

Questions about 3704, The Address Residences Dubai Opera T2

What did unit 3704 last sell for?

AED 3,278,888 on 31 August 2016, sold by the developer: AED 2,786 per sqft for 1,177 sqft. It is the only registered sale of the unit.

What is the rent for unit 3704?

AED 240,000 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 240,000; the unit has been rented since June 2025.

How big is unit 3704?

1,177 sqft (109.3 sqm): a two-bedroom apartment on the 37th floor of a 54-storey tower completed in 2023.

What is unit 3704 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 3704, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 3.28M, 31 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,278,888
Deposit, UAE resident (20%)
AED 655,778
Deposit, non-resident (40%)
AED 1,311,555
Monthly over 25 years at 3.7%
AED 13,415

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