506, The Address Residences Dubai Opera T2
Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, The Address Residences Dubai Opera T2
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 797 sqft
- Floor
- 5th of 54
- Parking
- B4-4013
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 23,400 /yr
- Last sold
- AED 3M · February 2024
About 506, The Address Residences Dubai Opera T2
506 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 1 February 2024 for AED 3,000,000, or AED 3,762 per sqft, 4% above the AED 3,615 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 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 506 sits
All 82 1-beds →506 last sold in February 2024 at AED 3,762 per sqft, 4% above what one-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,615). 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.
| 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 | |
| 505 | 1-bed | 797 sqft | AED 2.2MAED 2,200,000 · Sep 2023September 2023 | 140,000 /yr | |
| 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 |
506, The Address Residences Dubai Opera T2 in numbers
- Sold twice: first on 19 July 2016 for AED 2,176,888, last on 1 February 2024 for AED 3,000,000 (AED 3,762 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 1 February 2024.
Questions about 506, The Address Residences Dubai Opera T2
What did unit 506 last sell for?
AED 3,000,000 on 1 February 2024: AED 3,762 per sqft for 797 sqft. The unit has 2 registered sales; the first was AED 2,176,888 in July 2016.
How big is unit 506?
797 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 54-storey tower completed in 2023.
What is unit 506 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 506, The Address Residences Dubai Opera T2
Starts from the last sale price (AED 3M, 1 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →