503, The Address Residences Dubai Opera T2
Sold prices and rental history: sold once, by the developer in February 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Address Residences Dubai Opera T2
What is 503 worth today?
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Source: Dubai Land Department. Updated 23 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,260 sqft
- Floor
- 5th of 54
- Parking
- 1
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 37,000 /yr
- Last sold
- AED 3M · February 2017
About 503, The Address Residences Dubai Opera T2
503 is a two-bedroom apartment of 1,260 sqft on the 5th 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 7 February 2017 for AED 3,003,888, or AED 2,384 per sqft, 13% below the AED 2,725 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 23 January 2026, is AED 250,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 37,000 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Address Residences Dubai Opera T2, and where 503 sits
All 202 2-beds →503 last sold in February 2017 at AED 2,384 per sqft, 13% below what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 2,725). Over the last 12 months two-beds sold for AED 150,961 to 7,050,000, around AED 3,227 per sqft, and rent for AED 157,500 to 420,000 a year. 503's AED 250,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,190 sqft | 3,241,666 | 2,722 | ||
| 5 Oct 20265 October 2026 | 1,190 sqft | 3,990,000 | 3,351 | ||
| 15 Sep 202615 September 2026 | 1,255 sqft | 3,875,000 | 3,088 | ||
| 26 Aug 202626 August 2026 | 1,183 sqft | 3,520,000 | 2,975 |
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 5th floor
All 406 units in The Address Residences Dubai Opera T2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,671 sqft | AED 5.05MAED 5,046,888 · Jul 2016July 2016 | ||
| 502 | 3-bed | 1,560 sqft | AED 6.65MAED 6,650,000 · May 2025May 2025 | ||
| 504 | 2-bed | 1,186 sqft | AED 3.7MAED 3,700,000 · Apr 2026April 2026 | 238,717 /yr | |
| 505 | 1-bed | 797 sqft | AED 2.2MAED 2,200,000 · Sep 2023September 2023 | 140,000 /yr | |
| 506 | 1-bed | 797 sqft | AED 3MAED 3,000,000 · Feb 2024February 2024 | ||
| 507 | 1-bed | 803 sqft | AED 2.17MAED 2,174,888 · Jul 2016July 2016 | ||
| 508 | 1-bed | 793 sqft | AED 2.18MAED 2,180,144 · Oct 2019October 2019 | 66,000 /yr | |
| 509 | 2-bed | 1,334 sqft | AED 5.5MAED 5,500,000 · Oct 2024October 2024 | 230,000 /yr | |
| 510 | 2-bed | 1,439 sqft | AED 4.01MAED 4,006,888 · Jul 2016July 2016 | 285,000 /yr |
503, The Address Residences Dubai Opera T2 in numbers
- Sold once: by Emaar on 7 February 2017 for AED 3,003,888, or AED 2,384 per sqft.
- Rented since October 2024 on 2 Ejari contracts, from AED 230,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 37,000 a year (AED 29.33 per sqft).
- Two-beds in The Address Residences Dubai Opera T2 sold for AED 150,961–7,050,000 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 January 2026.
Questions about 503, The Address Residences Dubai Opera T2
What did unit 503 last sell for?
AED 3,003,888 on 7 February 2017, sold by the developer: AED 2,384 per sqft for 1,260 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 250,000 a year on the contract signed on 23 January 2026. The previous contract, from October 2024, was AED 230,000.
How big is unit 503?
1,260 sqft (117.1 sqm): a two-bedroom apartment on the 5th floor of a 54-storey tower completed in 2023.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residences Dubai Opera T2 sold for AED 150,961 to 7,050,000 in the last 12 months, around AED 3,227 per sqft.
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Mortgage on 503, The Address Residences Dubai Opera T2
Starts from the last sale price (AED 3M, 7 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,003,888
- Deposit, UAE resident (20%)
- AED 600,778
- Deposit, non-resident (40%)
- AED 1,201,555
- Monthly over 25 years at 3.7%
- AED 12,290
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →