2-bed · 1,186 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 5th floor · completed 2023

504, The Address Residences Dubai Opera T2

Sold prices and rental history: sold twice, last in April 2026, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 29 September 2026
Last soldAED 3.7M27 April 2026
Current rentAED 239K /yr29 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, The Address Residences Dubai Opera T2

What is 504 worth today?

Last sold for AED 3,700,000 in 2026

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29 Sep 2026RentedNew contract
AED 238,717/yr6 months · AED 202 per sqft
27 Apr 2026SoldReady
AED 3,700,000AED 3,119 per sqft
13 Jul 2022Sold by developerOff-plan
AED 3,350,888AED 2,826 per sqft

Source: Dubai Land Department. Updated 29 September 2026.

Key facts

Type
2-bed apartment
Size
1,186 sqft
Floor
5th of 54
Parking
B4-4359
Developer
Emaar
Completed
2023
Service charge
AED 34,800 /yr
Last sold
AED 3.7M · April 2026

About 504, The Address Residences Dubai Opera T2

504 is a two-bedroom apartment of 1,186 sqft on the 5th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 27 April 2026 for AED 3,700,000, or AED 3,119 per sqft, 12% below the AED 3,542 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 September 2026. The current contract, signed on 29 September 2026, is AED 238,717 a year: a gross yield of 6.5% on the 2026 price, before the service charge of about AED 34,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in The Address Residences Dubai Opera T2
3M4M2016201920222025Typical sale price by year: 2016 AED 3,386,888; 2017 AED 3,206,888; 2018 AED 3,159,888; 2019 AED 3,533,888; 2020 AED 3,154,388; 2021 AED 3,281,888; 2022 AED 3,603,444; 2023 AED 3,800,000; 2024 AED 4,300,000; 2025 AED 4,500,000; 2026 AED 3,900,000Sold by developer, July 2022: AED 3,350,888 (AED 2,826 per sqft)Sold, April 2026: AED 3,700,000 (AED 3,119 per sqft)

504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, each contractTypical two-bed in The Address Residences Dubai Opera T2
240K260K202320252027Typical rent by year: 2023 AED 270,000; 2024 AED 270,000; 2025 AED 260,000; 2026 AED 240,000New contract, September 2026: AED 238,717 a year

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 504 sits

All 202 2-beds →

504 last sold in April 2026 at AED 3,119 per sqft, 12% below what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,542). 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. 504's AED 238,717 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20263,241,666
5 Oct 20263,990,000
15 Sep 20263,875,000
26 Aug 20263,520,000
24 2-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
5013-bedAED 5.05M · Jul 2016
5023-bedAED 6.65M · May 2025
5032-bedAED 3M · Feb 2017
5051-bedAED 2.2M · Sep 2023
5061-bedAED 3M · Feb 2024
5071-bedAED 2.17M · Jul 2016
5081-bedAED 2.18M · Oct 2019
1–7 of 9

504, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 13 July 2022 for AED 3,350,888, last on 27 April 2026 for AED 3,700,000 (AED 3,119 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 238,717 a year.
  • At AED 238,717 a year the gross yield on the 2026 price is 6.5%, before a service charge of about AED 34,800 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 29 September 2026.

Questions about 504, The Address Residences Dubai Opera T2

What did unit 504 last sell for?

AED 3,700,000 on 27 April 2026: AED 3,119 per sqft for 1,186 sqft. The unit has 2 registered sales; the first was AED 3,350,888 in July 2022.

What is the rent for unit 504?

AED 238,717 a year on the contract signed on 29 September 2026.

How big is unit 504?

1,186 sqft (110.2 sqm): a two-bedroom apartment on the 5th floor of a 54-storey tower completed in 2023.

What is unit 504 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 504, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 3.7M, 27 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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