2-bed · 1,191 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 40th floor · completed 2023

4004, The Address Residences Dubai Opera T2

Sold prices and rental history: sold twice, last in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4004 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 4.65M26 October 2023
Current rentAED 280K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4004, The Address Residences Dubai Opera T2

What is 4004 worth today?

Last sold for AED 4,650,000 in 2023

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7 Apr 2025RentedNew contract
AED 280,000/yr12 months · AED 234 per sqft
7 Apr 2025RentedNew contract
AED 280,000/yr12 months · AED 234 per sqft
1 Apr 2024RentedNew contract
AED 245,000/yr12 months · AED 205 per sqft
26 Oct 2023SoldReady
AED 4,650,000AED 3,905 per sqft
15 Jun 2021Sold by developerOff-plan
AED 3,277,779AED 2,753 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
40th of 54
Parking
B5-5071
Developer
Emaar
Completed
2023
Service charge
AED 34,900 /yr
Last sold
AED 4.65M · October 2023

About 4004, The Address Residences Dubai Opera T2

4004 is a two-bedroom apartment of 1,191 sqft on the 40th 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 October 2023 for AED 4,650,000, or AED 3,905 per sqft, 26% above the AED 3,107 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 7 April 2025, is AED 280,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 34,900 a year.

Sales and rents for 4004 over time

Sales
Unit 4004, 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, June 2021: AED 3,277,779 (AED 2,753 per sqft)Sold, October 2023: AED 4,650,000 (AED 3,905 per sqft)

4004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4004, each contractTypical two-bed in The Address Residences Dubai Opera T2
240K260K280K20232024202520262027Typical rent by year: 2023 AED 270,000; 2024 AED 270,000; 2025 AED 260,000; 2026 AED 240,000New contract, April 2024: AED 245,000 a yearNew contract, April 2025: AED 280,000 a yearNew contract, April 2025: AED 280,000 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 4004 sits

All 202 2-beds →

4004 last sold in October 2023 at AED 3,905 per sqft, 26% above what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,107). 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. 4004's AED 280,000 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
40013-bedAED 7.5M · Jan 2026
40023-bedAED 7.55M · Oct 2025
40032-bedAED 3.5M · Feb 2023
40051-bedAED 2.44M · Jun 2021
40062-bedAED 2M · Feb 2020
40072-bedAED 3.42M · Jul 2016
40083-bedAED 5.38M · Nov 2021
1–7 of 8

4004, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 15 June 2021 for AED 3,277,779, last on 26 October 2023 for AED 4,650,000 (AED 3,905 per sqft).
  • Rented since April 2024 on 3 Ejari contracts, from AED 245,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 34,900 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 7 April 2025.

Questions about 4004, The Address Residences Dubai Opera T2

What did unit 4004 last sell for?

AED 4,650,000 on 26 October 2023: AED 3,905 per sqft for 1,191 sqft. The unit has 2 registered sales; the first was AED 3,277,779 in June 2021.

What is the rent for unit 4004?

AED 280,000 a year on the contract signed on 7 April 2025. The previous contract, from April 2025, was AED 280,000; the unit has been rented since April 2024.

How big is unit 4004?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 40th floor of a 54-storey tower completed in 2023.

What is unit 4004 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 4004, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 4.65M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,650,000
Deposit, UAE resident (20%)
AED 930,000
Deposit, non-resident (40%)
AED 1,860,000
Monthly over 25 years at 3.7%
AED 19,025

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