3-bed · 805 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 48th floor · completed 2023

4801, The Address Residences Dubai Opera T2

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

Unit 4801 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 5.69M22 November 2021
Current rentAED 450K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4801, The Address Residences Dubai Opera T2

What is 4801 worth today?

Last sold for AED 5,691,730 in 2021

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18 Oct 2024RentedNew contract
AED 450,000/yr12 months · AED 279 per sqft
22 Nov 2021Sold by developerOff-plan
AED 5,691,730AED 3,534 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
3-bed apartment
Size
805 sqft
Floor
48th of 54
Parking
B5-5004, B5-5005
Developer
Emaar
Completed
2023
Service charge
AED 23,600 /yr
Last sold
AED 5.69M · November 2021

About 4801, The Address Residences Dubai Opera T2

4801 is a three-bedroom apartment of 805 sqft on the 48th 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 22 November 2021 for AED 5,691,730, or AED 3,534 per sqft, 12% above the AED 3,169 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 October 2024. The current contract, signed on 18 October 2024, is AED 450,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 23,600 a year.

Sales and rents for 4801 over time

Sales
Unit 4801, 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 5,691,730 (AED 3,534 per sqft)

4801 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4801, each contractTypical three-bed in The Address Residences Dubai Opera T2
350K400K450K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 395,000; 2026 AED 340,000New contract, October 2024: AED 450,000 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 4801 sits

All 115 3-beds →

4801 last sold in November 2021 at AED 3,534 per sqft, 12% above what three-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,169). 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. 4801's AED 450,000 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
48023-bedAED 5.49M · Sep 2021
48032-bedAED 4.2M · Sep 2023
48042-bedAED 4.4M · Aug 2024
48051-bedAED 3.1M · Aug 2025
48062-bedAED 3.55M · Jan 2023
48072-bedAED 4.4M · Aug 2024
48092-bedAED 3.88M · Apr 2021

4801, The Address Residences Dubai Opera T2 in numbers

  • Sold once: by Emaar on 22 November 2021 for AED 5,691,730, or AED 3,534 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 23,600 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 18 October 2024.

Questions about 4801, The Address Residences Dubai Opera T2

What did unit 4801 last sell for?

AED 5,691,730 on 22 November 2021, sold by the developer: AED 3,534 per sqft for 805 sqft. It is the only registered sale of the unit.

What is the rent for unit 4801?

AED 450,000 a year on the contract signed on 18 October 2024.

How big is unit 4801?

805 sqft (74.8 sqm): a three-bedroom apartment on the 48th floor of a 54-storey tower completed in 2023.

What is unit 4801 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 4801, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 5.69M, 22 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,691,730
Deposit, UAE resident (20%)
AED 1,138,346
Deposit, non-resident (40%)
AED 2,276,692
Monthly over 25 years at 3.7%
AED 23,287

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