The Address Residences Dubai Opera T1 rents
- 291 new leases and 88 renewals in 12 months
- Downtown Dubai
- near Burj Khalifa / Dubai Mall Metro Station
A two-bed here leases for about AED 250,000 a year, 48% above the typical Downtown Dubai two-bed.
2 bed · typical new lease
250,000AEDa year
AED 202/sqft · -2.8% on a year
- A month, roughly
- AED 20,833
- Renewal
- AED 254,161
- vs Downtown Dubai 2 bed
- 48% above the median
- New leases, 12 months
- 168
What should a lease in The Address Residences Dubai Opera T1 cost?A two-bed leases for about AED 250,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Downtown Dubai median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A two-bed here now costs 2.8% less than a year earlier: AED 250,000 against 257,151.
Chart data, 2 bed: 2023, AED 285,000; latest, 2026, AED 230,000; peak, 2023, AED 285,000.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About The Address Residences Dubai Opera T1An apartment building in Downtown Dubai, a 7-minute drive from DIFC
The Address Residences Dubai Opera T1 is an apartment building completed in 2023 by Emaar Properties in Downtown Dubai. 379 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Service charge
- Paid by the landlord · AED 28.67/sqft a year
- Master developer
- Emaar Properties
Drive times · typical
- Downtown
- 6 min · 0.9 km
- DXB Airport
- 16 min · 16 km
- DIFC
- 7 min · 4.9 km
- Dubai Marina
- 20 min · 22 km
- Palm Jumeirah
- 26 min · 26 km
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Burj Khalifa
Letting a unit in The Address Residences Dubai Opera T1?New tenants pay less than renewing ones
- New tenant vs renewal
- -6.2%
- New leases AED 250,000, renewals 266,500, all types
- Short-let instead, two-bed
- AED 1,351
- a night on Airbnb; nets 1.1× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? The Address Residences Dubai Opera T1 sale prices →Comparables in Downtown Dubai
Every Downtown Dubai building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. The Address Residences Dubai Opera T1 places 3rd of 63; the nearest 6 are shown.
Rank 1 is the dearest per square foot. Differences are against The Address Residences Dubai Opera T1.
At 2 bed, The Address Residences Dubai Opera T1 ranks 2nd of 56 by rent per square foot and 9th of 43 by gross yield in Downtown Dubai.
Market context in Downtown Dubai
Registered sales activity
1,759 ready apartment sales in the 12 months to 2026-10-12.
+0.4% in median AED/sqft versus the preceding year, supported by 1,759 current and 2,575 prior price observations.
Explore sales activityPlanned apartment projects
2,186 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 1 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today.
Ready prices per sqft fell in 49% of 109 buildings (counted once per bedroom type) in Downtown Dubai with sales in both years; the typical one moved +0.1%.
New-lease rents fell in 76% of 54 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.7%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The The Address Dubai Opera towers
2 towers in The Address Dubai Opera, at the bedroom type above.
Ejari files The Address Dubai Opera’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Downtown Dubai: every development at this typeDowntown Dubai: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.
More from Emaar Properties
Downtown Views II T1
Zabeel · 473 contracts, 12 months
160,000
AED a year median · 144/sqft
Downtown Views II T2
Zabeel · 473 contracts, 12 months
160,000
AED a year median · 144/sqft
Downtown Views II T3
Zabeel · 473 contracts, 12 months
160,000
AED a year median · 144/sqft
Grande
Downtown Dubai · 319 contracts, 12 months
190,000
AED a year median · 174/sqft
Nearby in Downtown Dubai
Prices per sq ft around The Address Residences Dubai Opera T1, on the mapPrices per sq ft around The Address Residences Dubai Opera T1, on the map
The Address Residences Dubai Opera T2
Downtown Dubai · 291 contracts, 12 months
250,000
AED a year median · 207/sqft
Grande
Downtown Dubai · 319 contracts, 12 months
190,000
AED a year median · 174/sqft
Forte T1
Downtown Dubai · 285 contracts, 12 months
175,000
AED a year median · 153/sqft
Forte T2
Downtown Dubai · 285 contracts, 12 months
175,000
AED a year median · 153/sqft
Ask about The Address Residences Dubai Opera T1
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Common questions
- What is the registered annual rent for a 2 bedroom in The Address Residences Dubai Opera T1?
- The median new annual rent is AED 250,000, from 168 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in The Address Residences Dubai Opera T1 risen or fallen?
- The median new annual rent changed -2.8% in the trailing 12 months against the previous 12, using 168 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- How many apartments change hands in The Address Residences Dubai Opera T1?
- 24 sales were registered with the Dubai Land Department in the last 12 months, alongside 168 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to The Address Residences Dubai Opera T1?
- Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
- What is the rental yield in The Address Residences Dubai Opera T1?
- The Address Residences Dubai Opera T1 returns 6.1% gross: a median new-contract rent of AED 250,000 a year (168 Ejari contracts in 12 months) over a price benchmark of AED 4.10M (median of 24 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
For agents
Send this page to a client as a branded report
The Address Residences Dubai Opera T1 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 168 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Cite as: Dubai Wealth Index. “The Address Residences Dubai Opera T1 rents and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/downtown-dubai/the-address-residences-dubai-opera-t1
Stable dataJSON