1-bed · 797 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 4th floor · completed 2023

405, The Address Residences Dubai Opera T2

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

Unit 405 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 4M16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, The Address Residences Dubai Opera T2

What is 405 worth today?

Last sold for AED 4,000,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Dec 2024SoldReady
AED 4,000,000AED 5,017 per sqft
12 Jan 2022Sold by developerOff-plan
AED 2,272,888AED 2,851 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
1-bed apartment
Size
797 sqft
Floor
4th of 54
Parking
B4-4288
Developer
Emaar
Completed
2023
Service charge
AED 23,400 /yr
Last sold
AED 4M · December 2024

About 405, The Address Residences Dubai Opera T2

405 is a one-bedroom apartment of 797 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 16 December 2024 for AED 4,000,000, or AED 5,017 per sqft, 31% above the AED 3,833 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in The Address Residences Dubai Opera T2
2M3M4M2016201920222025Typical sale price by year: 2016 AED 2,229,888; 2017 AED 2,177,888; 2020 AED 2,218,388; 2021 AED 2,173,175; 2022 AED 2,377,444; 2023 AED 2,850,000; 2024 AED 3,075,000; 2025 AED 3,050,000; 2026 AED 2,950,000Sold by developer, January 2022: AED 2,272,888 (AED 2,851 per sqft)Sold, December 2024: AED 4,000,000 (AED 5,017 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in The Address Residences Dubai Opera T2
180K190K2024202520262027Typical rent by year: 2024 AED 195,000; 2025 AED 190,000; 2026 AED 175,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Address Residences Dubai Opera T2, and where 405 sits

All 82 1-beds →

405 last sold in December 2024 at AED 5,017 per sqft, 31% above what one-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,833). Over the last 12 months one-beds sold for AED 2,700,000 to 3,200,000, around AED 3,688 per sqft, and rent for AED 110,000 to 240,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20262,700,000
19 Jan 20262,800,000
14 Jan 20263,200,000
8 Jan 20263,100,000
4 1-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
4042-bedAED 3.08M · Mar 2020
4061-bedAED 2.15M · Jul 2016
4071-bedAED 2.8M · Jan 2026
4081-bedAED 2.46M · Jul 2022
1–7 of 9

405, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 12 January 2022 for AED 2,272,888, last on 16 December 2024 for AED 4,000,000 (AED 5,017 per sqft).
  • One-beds in The Address Residences Dubai Opera T2 sold for AED 2,700,000–3,200,000 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 16 December 2024.

Questions about 405, The Address Residences Dubai Opera T2

What did unit 405 last sell for?

AED 4,000,000 on 16 December 2024: AED 5,017 per sqft for 797 sqft. The unit has 2 registered sales; the first was AED 2,272,888 in January 2022.

How big is unit 405?

797 sqft (74.0 sqm): a one-bedroom apartment on the 4th floor of a 54-storey tower completed in 2023.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address Residences Dubai Opera T2 sold for AED 2,700,000 to 3,200,000 in the last 12 months, around AED 3,688 per sqft.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 4M, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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