2-bed · 1,187 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 4th floor · completed 2023

404, The Address Residences Dubai Opera T2

Sold prices and rental history: sold once, by the developer in March 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 3.08M19 March 2020
Current rentAED 200K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, The Address Residences Dubai Opera T2

What is 404 worth today?

Last sold for AED 3,079,888 in 2020

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1 Sep 2026RentedNew contract
AED 200,000/yr12 months · AED 169 per sqft
3 Sep 2025RentedNew contract
AED 242,000/yr12 months · AED 204 per sqft
1 Sep 2024RentedNew contract
AED 235,000/yr12 months · AED 198 per sqft
19 Mar 2020Sold by developerOff-plan
AED 3,079,888AED 2,594 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,187 sqft
Floor
4th of 54
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 34,800 /yr
Last sold
AED 3.08M · March 2020

About 404, The Address Residences Dubai Opera T2

404 is a two-bedroom apartment of 1,187 sqft on the 4th 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 19 March 2020 for AED 3,079,888, or AED 2,594 per sqft, in line with the AED 2,594 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 1 September 2026, is AED 200,000 a year: a gross yield of 6.5% on the 2020 price, before the service charge of about AED 34,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, March 2020: AED 3,079,888 (AED 2,594 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in The Address Residences Dubai Opera T2
200K250K202320252027Typical rent by year: 2023 AED 270,000; 2024 AED 270,000; 2025 AED 260,000; 2026 AED 240,000New contract, September 2024: AED 235,000 a yearNew contract, September 2025: AED 242,000 a yearNew contract, September 2026: AED 200,000 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 404 sits

All 202 2-beds →

404 last sold in March 2020 at AED 2,594 per sqft, in line with what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 2,594). 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. 404's AED 200,000 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
4013-bedAED 5.04M · Jul 2016
4023-bedAED 4.56M · Jan 2017
4032-bedAED 3.95M · Feb 2024
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

404, The Address Residences Dubai Opera T2 in numbers

  • Sold once: by Emaar on 19 March 2020 for AED 3,079,888, or AED 2,594 per sqft.
  • Rented since September 2024 on 3 Ejari contracts, from AED 235,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2020 price is 6.5%, before a service charge of about AED 34,800 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 1 September 2026.

Questions about 404, The Address Residences Dubai Opera T2

What did unit 404 last sell for?

AED 3,079,888 on 19 March 2020, sold by the developer: AED 2,594 per sqft for 1,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 200,000 a year on the contract signed on 1 September 2026. The previous contract, from September 2025, was AED 242,000; the unit has been rented since September 2024.

How big is unit 404?

1,187 sqft (110.3 sqm): a two-bedroom apartment on the 4th floor of a 54-storey tower completed in 2023.

What is unit 404 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 404, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 3.08M, 19 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,079,888
Deposit, UAE resident (20%)
AED 615,978
Deposit, non-resident (40%)
AED 1,231,955
Monthly over 25 years at 3.7%
AED 12,601

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