3-bed · 1,624 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 47th floor · completed 2023

4701, The Address Residences Dubai Opera T2

Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4701 · DLD and Ejari recordsUpdated 23 August 2026
Last soldAED 5.32M3 November 2021
Current rentAED 320K /yr23 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4701, The Address Residences Dubai Opera T2

What is 4701 worth today?

Last sold for AED 5,318,899 in 2021

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23 Aug 2026RentedNew contract
AED 320,000/yr12 months · AED 197 per sqft
25 Jul 2025RentedNew contract
AED 350,000/yr12 months · AED 215 per sqft
25 Jul 2025RentedNew contract
AED 350,000/yr12 months · AED 215 per sqft
16 May 2024RentedNew contract
AED 400,000/yr12 months · AED 246 per sqft
3 Nov 2021Sold by developerOff-plan
AED 5,318,899AED 3,274 per sqft

Source: Dubai Land Department. Updated 23 August 2026.

Key facts

Type
3-bed apartment
Size
1,624 sqft
Floor
47th of 54
Parking
2
Developer
Emaar
Completed
2023
Service charge
AED 47,600 /yr
Last sold
AED 5.32M · November 2021

About 4701, The Address Residences Dubai Opera T2

4701 is a three-bedroom apartment of 1,624 sqft on the 47th 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 3 November 2021 for AED 5,318,899, or AED 3,274 per sqft, 3% above the AED 3,166 three-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 23 August 2026, is AED 320,000 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 47,600 a year.

Sales and rents for 4701 over time

Sales
Unit 4701, each saleTypical three-bed in The Address Residences Dubai Opera T2
6M2016201920222025Typical sale price by year: 2016 AED 5,303,888; 2017 AED 5,282,888; 2018 AED 5,305,388; 2019 AED 5,321,888; 2020 AED 5,149,888; 2021 AED 5,380,999; 2022 AED 5,600,000; 2023 AED 6,312,500; 2024 AED 7,350,000; 2025 AED 7,500,000; 2026 AED 7,500,000Sold by developer, November 2021: AED 5,318,899 (AED 3,274 per sqft)

4701 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4701, each contractTypical three-bed in The Address Residences Dubai Opera T2
350K400K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 395,000; 2026 AED 340,000New contract, May 2024: AED 400,000 a yearNew contract, July 2025: AED 350,000 a yearNew contract, July 2025: AED 350,000 a yearNew contract, August 2026: AED 320,000 a year

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

3-beds in The Address Residences Dubai Opera T2, and where 4701 sits

All 115 3-beds →

4701 last sold in November 2021 at AED 3,274 per sqft, 3% above what three-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,166). Over the last 12 months three-beds sold for AED 6,900,000 to 13,000,000, around AED 4,704 per sqft, and rent for AED 50,000 to 500,000 a year. 4701's AED 320,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jul 202613,000,000
16 Jul 20267,060,000
28 Jan 20267,500,000
17 Dec 20257,500,000
7 3-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
47023-bedAED 7.3M · Feb 2024
47032-bedAED 3.44M · Dec 2021
47042-bedAED 4.5M · Apr 2025
47051-bedAED 3.2M · Sep 2023
47062-bedAED 4.8M · Feb 2024
47072-bedAED 3.9M · Apr 2026
47083-bedAED 5.9M · May 2022
1–7 of 8

4701, The Address Residences Dubai Opera T2 in numbers

  • Sold once: by Emaar on 3 November 2021 for AED 5,318,899, or AED 3,274 per sqft.
  • Rented since May 2024 on 4 Ejari contracts, from AED 400,000 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2021 price is 6.0%, before a service charge of about AED 47,600 a year (AED 29.33 per sqft).
  • Three-beds in The Address Residences Dubai Opera T2 sold for AED 6,900,000–13,000,000 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 23 August 2026.

Questions about 4701, The Address Residences Dubai Opera T2

What did unit 4701 last sell for?

AED 5,318,899 on 3 November 2021, sold by the developer: AED 3,274 per sqft for 1,624 sqft. It is the only registered sale of the unit.

What is the rent for unit 4701?

AED 320,000 a year on the contract signed on 23 August 2026. The previous contract, from July 2025, was AED 350,000; the unit has been rented since May 2024.

How big is unit 4701?

1,624 sqft (150.9 sqm): a three-bedroom apartment on the 47th floor of a 54-storey tower completed in 2023.

What is unit 4701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address Residences Dubai Opera T2 sold for AED 6,900,000 to 13,000,000 in the last 12 months, around AED 4,704 per sqft.

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Mortgage on 4701, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 5.32M, 3 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,318,899
Deposit, UAE resident (20%)
AED 1,063,780
Deposit, non-resident (40%)
AED 2,127,560
Monthly over 25 years at 3.7%
AED 21,761

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