3-bed · 1,560 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 7th floor · completed 2023

702, The Address Residences Dubai Opera T2

Sold prices and rental history: sold 4 times, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 6.95M18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, The Address Residences Dubai Opera T2

What is 702 worth today?

Last sold for AED 6,950,000 in 2024

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18 Oct 2024SoldReady
AED 6,950,000AED 4,456 per sqft
6 Feb 2024SoldReady
AED 6,800,000AED 4,360 per sqft
1 Feb 2023SoldOff-plan
AED 5,550,000AED 3,556 per sqft
13 Feb 2017Sold by developerOff-plan
AED 4,704,888AED 3,057 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
3-bed apartment
Size
1,560 sqft
Floor
7th of 54
Parking
B3-3039, B3-3040
Developer
Emaar
Completed
2023
Service charge
AED 45,700 /yr
Last sold
AED 6.95M · October 2024

About 702, The Address Residences Dubai Opera T2

702 is a three-bedroom apartment of 1,560 sqft on the 7th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. It last sold on 18 October 2024 for AED 6,950,000, or AED 4,456 per sqft, in line with the AED 4,584 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in The Address Residences Dubai Opera T2
6M8M2016201920222025Typical 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, February 2017: AED 4,704,888 (AED 3,057 per sqft)Sold, February 2023: AED 5,550,000 (AED 3,556 per sqft)Sold, February 2024: AED 6,800,000 (AED 4,360 per sqft)Sold, October 2024: AED 6,950,000 (AED 4,456 per sqft)

702 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, each contractTypical three-bed in The Address Residences Dubai Opera T2
350K400K2024202520262027Typical rent by year: 2024 AED 400,000; 2025 AED 395,000; 2026 AED 340,000

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 702 sits

All 115 3-beds →

702 last sold in October 2024 at AED 4,456 per sqft, in line with what three-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 4,584). 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.

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
7013-bedAED 5.1M · Jul 2016
7032-bedAED 4.3M · Apr 2026
7042-bedAED 4.3M · Jan 2026
7051-bedAED 2.18M · Jul 2016
7061-bedAED 2.19M · Jul 2016
7071-bedAED 2.05M · Jul 2022
7081-bedAED 2.3M · Jul 2016
1–7 of 9

702, The Address Residences Dubai Opera T2 in numbers

  • Sold 4 times: first on 13 February 2017 for AED 4,704,888, last on 18 October 2024 for AED 6,950,000 (AED 4,456 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 702, The Address Residences Dubai Opera T2

What did unit 702 last sell for?

AED 6,950,000 on 18 October 2024: AED 4,456 per sqft for 1,560 sqft. The unit has 4 registered sales; the first was AED 4,704,888 in February 2017.

How big is unit 702?

1,560 sqft (144.9 sqm): a three-bedroom apartment on the 7th floor of a 54-storey tower completed in 2023.

What is unit 702 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 702, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 6.95M, 18 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,950,000
Deposit, UAE resident (20%)
AED 1,390,000
Deposit, non-resident (40%)
AED 2,780,000
Monthly over 25 years at 3.7%
AED 28,435

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