2-bed · 1,260 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 4th floor · completed 2023

403, 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 403 · DLD and Ejari recordsUpdated 29 February 2024
Last soldAED 3.95M29 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Address Residences Dubai Opera T2

What is 403 worth today?

Last sold for AED 3,950,000 in 2024

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29 Feb 2024SoldReady
AED 3,950,000AED 3,134 per sqft
13 Feb 2017Sold by developerOff-plan
AED 2,992,888AED 2,375 per sqft

Source: Dubai Land Department. Updated 29 February 2024.

Key facts

Type
2-bed apartment
Size
1,260 sqft
Floor
4th of 54
Parking
B6-6045
Developer
Emaar
Completed
2023
Service charge
AED 37,000 /yr
Last sold
AED 3.95M · February 2024

About 403, The Address Residences Dubai Opera T2

403 is a two-bedroom apartment of 1,260 sqft on the 4th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 29 February 2024 for AED 3,950,000, or AED 3,134 per sqft, in line with 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 403 over time

Sales
Unit 403, 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, February 2017: AED 2,992,888 (AED 2,375 per sqft)Sold, February 2024: AED 3,950,000 (AED 3,134 per sqft)

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

Rents
Unit 403, 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 403 sits

All 202 2-beds →

403 last sold in February 2024 at AED 3,134 per sqft, in line with 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
4013-bedAED 5.04M · Jul 2016
4023-bedAED 4.56M · Jan 2017
4042-bedAED 3.08M · Mar 2020
4051-bedAED 4M · Dec 2024
4061-bedAED 2.15M · Jul 2016
4071-bedAED 2.8M · Jan 2026
4081-bedAED 2.46M · Jul 2022
1–7 of 9

403, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 13 February 2017 for AED 2,992,888, last on 29 February 2024 for AED 3,950,000 (AED 3,134 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 29 February 2024.

Questions about 403, The Address Residences Dubai Opera T2

What did unit 403 last sell for?

AED 3,950,000 on 29 February 2024: AED 3,134 per sqft for 1,260 sqft. The unit has 2 registered sales; the first was AED 2,992,888 in February 2017.

How big is unit 403?

1,260 sqft (117.1 sqm): a two-bedroom apartment on the 4th floor of a 54-storey tower completed in 2023.

What is unit 403 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 403, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 3.95M, 29 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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