505, The Address Residences Dubai Opera T2
Sold prices and rental history: sold twice, last in September 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, The Address Residences Dubai Opera T2
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 797 sqft
- Floor
- 5th of 54
- Parking
- B5-5036
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 23,400 /yr
- Last sold
- AED 2.2M · September 2023
About 505, The Address Residences Dubai Opera T2
505 is a one-bedroom apartment of 797 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 8 September 2023 for AED 2,200,000, or AED 2,759 per sqft, 15% below the AED 3,251 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 15 August 2026, is AED 140,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 23,400 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 82 1-beds →505 last sold in September 2023 at AED 2,759 per sqft, 15% below what one-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,251). 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. 505's AED 140,000 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 | ||
| 19 Jan 202619 January 2026 | 797 sqft | 2,800,000 | 3,512 | ||
| 14 Jan 202614 January 2026 | 802 sqft | 3,200,000 | 3,989 | ||
| 8 Jan 20268 January 2026 | 802 sqft | 3,100,000 | 3,864 |
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 | ||
| 503 | 2-bed | 1,260 sqft | AED 3MAED 3,003,888 · Feb 2017February 2017 | 250,000 /yr | |
| 504 | 2-bed | 1,186 sqft | AED 3.7MAED 3,700,000 · Apr 2026April 2026 | 238,717 /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 |
505, The Address Residences Dubai Opera T2 in numbers
- Sold twice: first on 25 November 2020 for AED 2,173,888, last on 8 September 2023 for AED 2,200,000 (AED 2,759 per sqft).
- Rented since September 2024 on 3 Ejari contracts. The rent fell from AED 150,000 to AED 125,000 in 2025 and recovered to AED 140,000 by August 2026.
- At AED 140,000 a year the gross yield on the 2023 price is 6.4%, 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 15 August 2026.
Questions about 505, The Address Residences Dubai Opera T2
What did unit 505 last sell for?
AED 2,200,000 on 8 September 2023: AED 2,759 per sqft for 797 sqft. The unit has 2 registered sales; the first was AED 2,173,888 in November 2020.
What is the rent for unit 505?
AED 140,000 a year on the contract signed on 15 August 2026. The previous contract, from September 2025, was AED 125,000; the unit has been rented since September 2024.
How big is unit 505?
797 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 54-storey tower completed in 2023.
What is unit 505 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 505, The Address Residences Dubai Opera T2
Starts from the last sale price (AED 2.2M, 8 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →