407, The Address Residences Dubai Opera T2
Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, The Address Residences Dubai Opera T2
What is 407 worth today?
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Source: Dubai Land Department. Updated 3 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 797 sqft
- Floor
- 4th of 54
- Parking
- B5-5038
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 23,400 /yr
- Last sold
- AED 2.8M · January 2026
About 407, The Address Residences Dubai Opera T2
407 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 19 January 2026 for AED 2,800,000, or AED 3,512 per sqft, 5% below the AED 3,703 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 3 October 2026, is AED 165,000 a year: a gross yield of 5.9% on the 2026 price, before the service charge of about AED 23,400 a year.
Sales and rents for 407 over time
407 has sold 3 times; 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 407 sits
All 82 1-beds →407 last sold in January 2026 at AED 3,512 per sqft, 5% below what one-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,703). 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. 407'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 | ||
| 14 Jan 202614 January 2026 | 802 sqft | 3,200,000 | 3,989 | ||
| 8 Jan 20268 January 2026 | 802 sqft | 3,100,000 | 3,864 | ||
| 23 Oct 202523 October 2025 | 802 sqft | 2,970,000 | 3,704 |
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 | ||
| 406 | 1-bed | 797 sqft | AED 2.15MAED 2,147,888 · Jul 2016July 2016 | 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 |
407, The Address Residences Dubai Opera T2 in numbers
- Sold 3 times: first on 19 July 2016 for AED 2,152,888, last on 19 January 2026 for AED 2,800,000 (AED 3,512 per sqft).
- Rented since August 2024 on 4 Ejari contracts. The rent fell from AED 160,000 to AED 140,137 in 2026 and recovered to AED 165,000 by October 2026.
- At AED 165,000 a year the gross yield on the 2026 price is 5.9%, 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 October 2026.
Questions about 407, The Address Residences Dubai Opera T2
What did unit 407 last sell for?
AED 2,800,000 on 19 January 2026: AED 3,512 per sqft for 797 sqft. The unit has 3 registered sales; the first was AED 2,152,888 in July 2016.
What is the rent for unit 407?
AED 165,000 a year on the contract signed on 3 October 2026. The previous contract, from January 2026, was AED 140,137; the unit has been rented since August 2024.
How big is unit 407?
797 sqft (74.0 sqm): a one-bedroom apartment on the 4th floor of a 54-storey tower completed in 2023.
What is unit 407 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 407, The Address Residences Dubai Opera T2
Starts from the last sale price (AED 2.8M, 19 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →