406, The Address Residences Dubai Opera T2
Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, The Address Residences Dubai Opera T2
What is 406 worth today?
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Source: Dubai Land Department. Updated 3 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 797 sqft
- Floor
- 4th of 54
- Parking
- 1
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 23,400 /yr
- Last sold
- AED 2.15M · July 2016
About 406, The Address Residences Dubai Opera T2
406 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. The developer sold it on 14 July 2016 for AED 2,147,888, or AED 2,694 per sqft, in line with the AED 2,694 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 3 November 2026, is AED 165,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 23,400 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
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 406 sits
All 82 1-beds →406 last sold in July 2016 at AED 2,694 per sqft, in line with what one-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 2,694). 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. 406's AED 165,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 802 sqft | 2,700,000 | 3,367 | ||
| 19 Jan 202619 January 2026 | 797 sqft | 2,800,000 | 3,512 | ||
| 14 Jan 202614 January 2026 | 802 sqft | 3,200,000 | 3,989 | ||
| 8 Jan 20268 January 2026 | 802 sqft | 3,100,000 | 3,864 |
The Address Residences Dubai Opera T2
Building406 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%
Other units on the 4th floor
All 406 units in The Address Residences Dubai Opera T2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,671 sqft | AED 5.04MAED 5,043,888 · Jul 2016July 2016 | ||
| 402 | 3-bed | 1,554 sqft | AED 4.56MAED 4,562,888 · Jan 2017January 2017 | ||
| 403 | 2-bed | 1,260 sqft | AED 3.95MAED 3,950,000 · Feb 2024February 2024 | ||
| 404 | 2-bed | 1,187 sqft | AED 3.08MAED 3,079,888 · Mar 2020March 2020 | 200,000 /yr | |
| 405 | 1-bed | 797 sqft | AED 4MAED 4,000,000 · Dec 2024December 2024 | ||
| 407 | 1-bed | 797 sqft | AED 2.8MAED 2,800,000 · Jan 2026January 2026 | 165,000 /yr | |
| 408 | 1-bed | 845 sqft | AED 2.46MAED 2,464,888 · Jul 2022July 2022 | ||
| 409 | 2-bed | 1,331 sqft | AED 3.34MAED 3,342,888 · Jul 2016July 2016 | ||
| 410 | 2-bed | 1,383 sqft | AED 5.91MAED 5,908,888 · Mar 2024March 2024 | 300,000 /yr |
406, The Address Residences Dubai Opera T2 in numbers
- Sold once: by Emaar on 14 July 2016 for AED 2,147,888, or AED 2,694 per sqft.
- Rented since May 2025 on 2 Ejari contracts, from AED 175,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2016 price is 7.7%, before a service charge of about AED 23,400 a year (AED 29.33 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 3 November 2026.
Questions about 406, The Address Residences Dubai Opera T2
What did unit 406 last sell for?
AED 2,147,888 on 14 July 2016, sold by the developer: AED 2,694 per sqft for 797 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 165,000 a year on the contract signed on 3 November 2026. The previous contract, from May 2025, was AED 175,000.
How big is unit 406?
797 sqft (74.0 sqm): a one-bedroom apartment on the 4th floor of a 54-storey tower completed in 2023.
What is unit 406 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.
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Mortgage on 406, The Address Residences Dubai Opera T2
Starts from the last sale price (AED 2.15M, 14 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,147,888
- Deposit, UAE resident (20%)
- AED 429,578
- Deposit, non-resident (40%)
- AED 859,155
- Monthly over 25 years at 3.7%
- AED 8,788
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →