2-bed · 1,186 sqftThe Address Residences Dubai Opera T2, Downtown Dubai · 7th floor · completed 2023

704, The Address Residences Dubai Opera T2

Sold prices and rental history: sold twice, last in January 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 4.3M20 January 2026
Current rentAED 270K /yr22 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, The Address Residences Dubai Opera T2

What is 704 worth today?

Last sold for AED 4,300,000 in 2026

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20 Jan 2026SoldReady
AED 4,300,000AED 3,625 per sqft
22 Dec 2024RentedRenewal
AED 270,000/yr12 months · AED 228 per sqft
22 Dec 2024RentedRenewal
AED 270,000/yr12 months · AED 228 per sqft
18 Jan 2017Sold by developerOff-plan
AED 3,084,888AED 2,631 per sqft

Source: Dubai Land Department. Updated 20 January 2026.

Key facts

Type
2-bed apartment
Size
1,186 sqft
Floor
7th of 54
Parking
B6-6052
Developer
Emaar
Completed
2023
Service charge
AED 34,800 /yr
Last sold
AED 4.3M · January 2026

About 704, The Address Residences Dubai Opera T2

704 is a two-bedroom apartment of 1,186 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 20 January 2026 for AED 4,300,000, or AED 3,625 per sqft, in line with the AED 3,671 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 22 December 2024, is AED 270,000 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 34,800 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, January 2017: AED 3,084,888 (AED 2,631 per sqft)Sold, January 2026: AED 4,300,000 (AED 3,625 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in The Address Residences Dubai Opera T2
240K260K20232024202520262027Typical rent by year: 2023 AED 270,000; 2024 AED 270,000; 2025 AED 260,000; 2026 AED 240,000Renewal, December 2024: AED 270,000 a yearRenewal, December 2024: AED 270,000 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 704 sits

All 202 2-beds →

704 last sold in January 2026 at AED 3,625 per sqft, in line with what two-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 3,671). 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. 704's AED 270,000 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
7013-bedAED 5.1M · Jul 2016
7023-bedAED 6.95M · Oct 2024
7032-bedAED 4.3M · Apr 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

704, The Address Residences Dubai Opera T2 in numbers

  • Sold twice: first on 18 January 2017 for AED 3,084,888, last on 20 January 2026 for AED 4,300,000 (AED 3,625 per sqft).
  • Rented since December 2024 on 2 Ejari contracts, at AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2026 price is 6.3%, 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 20 January 2026.

Questions about 704, The Address Residences Dubai Opera T2

What did unit 704 last sell for?

AED 4,300,000 on 20 January 2026: AED 3,625 per sqft for 1,186 sqft. The unit has 2 registered sales; the first was AED 3,084,888 in January 2017.

What is the rent for unit 704?

AED 270,000 a year on the contract renewed on 22 December 2024. The previous contract, from December 2024, was AED 270,000.

How big is unit 704?

1,186 sqft (110.2 sqm): a two-bedroom apartment on the 7th floor of a 54-storey tower completed in 2023.

What is unit 704 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 704, The Address Residences Dubai Opera T2

Starts from the last sale price (AED 4.3M, 20 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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