708, The Address Residences Dubai Opera T2
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, The Address Residences Dubai Opera T2
What is 708 worth today?
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Source: Dubai Land Department. Updated 22 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 793 sqft
- Floor
- 7th of 54
- Parking
- 1
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 23,200 /yr
- Last sold
- AED 2.3M · July 2016
About 708, The Address Residences Dubai Opera T2
708 is a one-bedroom apartment of 793 sqft on the 7th floor of The Address Residences Dubai Opera T2, a 54-storey tower in Downtown Dubai completed in 2023 by Emaar. The developer sold it on 18 July 2016 for AED 2,303,888, or AED 2,906 per sqft, 6% above the AED 2,731 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 22 October 2026, is AED 172,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 23,200 a year.
Sales and rents for 708 over time
708 has sold once; 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 708 sits
All 82 1-beds →708 last sold in July 2016 at AED 2,906 per sqft, 6% above what one-beds in The Address Residences Dubai Opera T2 were fetching at the time (AED 2,731). 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. 708's AED 172,000 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 7th floor
All 406 units in The Address Residences Dubai Opera T2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,671 sqft | AED 5.1MAED 5,095,888 · Jul 2016July 2016 | ||
| 702 | 3-bed | 1,560 sqft | AED 6.95MAED 6,950,000 · Oct 2024October 2024 | ||
| 703 | 2-bed | 1,260 sqft | AED 4.3MAED 4,300,000 · Apr 2026April 2026 | 265,000 /yr | |
| 704 | 2-bed | 1,186 sqft | AED 4.3MAED 4,300,000 · Jan 2026January 2026 | 270,000 /yr | |
| 705 | 1-bed | 797 sqft | AED 2.18MAED 2,176,888 · Jul 2016July 2016 | 170,000 /yr | |
| 706 | 1-bed | 797 sqft | AED 2.19MAED 2,185,888 · Jul 2016July 2016 | 240,000 /yr | |
| 707 | 1-bed | 803 sqft | AED 2.05MAED 2,050,000 · Jul 2022July 2022 | 200,000 /yr | |
| 709 | 2-bed | 1,329 sqft | AED 3.36MAED 3,361,888 · Jul 2016July 2016 | ||
| 710 | 2-bed | 1,477 sqft | AED 4.22MAED 4,224,888 · Jul 2016July 2016 |
708, The Address Residences Dubai Opera T2 in numbers
- Sold once: by Emaar on 18 July 2016 for AED 2,303,888, or AED 2,906 per sqft.
- Rented since April 2024 on 5 Ejari contracts, from AED 170,000 to AED 172,000 a year.
- At AED 172,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 23,200 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 22 October 2026.
Questions about 708, The Address Residences Dubai Opera T2
What did unit 708 last sell for?
AED 2,303,888 on 18 July 2016, sold by the developer: AED 2,906 per sqft for 793 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 172,000 a year on the contract renewed on 22 October 2026. The previous contract, from April 2026, was AED 178,500; the unit has been rented since April 2024.
How big is unit 708?
793 sqft (73.7 sqm): a one-bedroom apartment on the 7th floor of a 54-storey tower completed in 2023.
What is unit 708 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 708, The Address Residences Dubai Opera T2
Starts from the last sale price (AED 2.3M, 18 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,303,888
- Deposit, UAE resident (20%)
- AED 460,778
- Deposit, non-resident (40%)
- AED 921,555
- Monthly over 25 years at 3.7%
- AED 9,426
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →