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Opera Grand

A 2 bed in Opera Grand costs a median AED 4.80M, rents long-let for AED 197,561/yr (4.1% gross), and returns 8.4% short-term at the assumed 70% occupancy.

Satellite view of Opera Grand, Downtown Dubai, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

4.80MAED

AED 2,802/sqft · +1.3% on a year

Rent a year
AED 197,561
Yield after service charge
3.3%
vs Downtown Dubai
14% above the median
Cost to buy, all inAED 5.10M
Price
AED 4.80M
DLD fee 4%
AED 192,000
Agent 2% + VAT
AED 100,800
Trustee
AED 4,200

Fees repaid by net rent22 months

Against this building’s registered sales of the same type.

Ask about Opera Grand →

Is Opera Grand a good investment?The rent pays below the Dubai median and rents are slipping

  1. Does it pay a good rent?4.1% gross, 3.3% after the service charge (Dubai median 6.8%)4.1%Watch
  2. Is it easy to let?46% of units signed a yearly lease in 12 months; the typical Downtown Dubai building manages 27%46%Fair
    Downtown Dubai median 27% · top tenth from 64%Opera Grand · 46%

    Across 28 Downtown Dubai buildings with 40 or more units, the median signed annual leases on 27% of units in 12 months and the top tenth on 64% or more; Opera Grand is at 46%.

  3. Are rents going up?New 2 bed leases: AED 237,500 a year ago, AED 197,561 now-16.8%Watch
  4. Are prices going up?2 bed: AED 2,766/sqft a year ago, 2,802 now+1.3%Fair
  5. How fast do fees pay back?AED 297,000 in fees to buy a 2 bed; net rent covers it in 1.9 years1.9 yrsFair
  6. Can I sell easily?25 sales in 12 months, 8% of the tower (29 the year before)25Fair
  7. Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
  8. Did earlier buyers gain?Buyers 5 years ago still 24% down; launch buyers still 24% down, before fees-23.7%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Opera Grand prices and rents by unit typeA two-bed costs about AED 4.80M and rents for about AED 197,561 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bed30 units · 741 sqftAED 2.40M3,237/sqftunder 3 salesnot publishedunder 5 sales in a year1
2 bed149 units · 1,676 sqftAED 4.80M2,802/sqftlaunch 2,840 -1.3%4.1%-1.4 ptsAED 197,56150 contracts+1.3%15
3 bed78 units · 2,046 sqftAED 9.50M3,818/sqftlaunch 4,113 -7.2%4.3%-0.6 ptsAED 405,00019 contracts-6.9%5
4+ bed38 units · 3,056 sqftAED 13.65M4,531/sqftunder 5 contractsunder 5 contractsunder 5 sales in a year4
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Downtown Dubai · area median AED 2,458/sqft

3 years
+9.3% · +3.0%/yr
5 years
-17.1% · -3.7%/yr
vs area median
+14.0%
Rank by price per sqft
24th of 81

Rental income

2 bed · Downtown Dubai

Median new rent
AED 197,561/yr
Yield vs area median
-1.4 pts
Yield vs Dubai (6.8%)
-2.6 pts
Yield rank
42nd of 43
Renewal rent
AED 210,000/yr
New tenants pay vs sitting (35 renewals)
-5.9%

Short-term income

2 bed · 70% occupancy · 7-night stays

Median nightly rate
AED 2,001
Net revenue
AED 403,280/yr
vs long-let rent
2.0×
Listings seen
2+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 2 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 2 bed: Aug 2014, AED 5,603,388; latest, Aug 2026, AED 4,725,000; peak, Apr 2026, AED 7,000,000. Rent on new leases: Jul 2012, AED 108,541 a year; latest, Oct 2026, AED 211,250.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,977 · before fees

Launch, 2014–22
3,920
−24%
5 years ago
3,901
−24%
3 years ago
2,945
+1%
Previous 12 months
2,912
+2%
Last 12 months
2,977
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

25 resales in the last 12 months, against 33 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
3 Sept 20263 bed2,040AED 6,920,0003,393
18 Aug 20262 bed1,713AED 4,650,0002,715
20 Jul 20262 bed1,713AED 5,100,0002,977
17 Jul 20262 bed1,717AED 4,800,0002,795
13 Jul 20262 bed1,713AED 3,800,0002,218
9 Jul 20264+ bed3,012AED 14,000,0004,647
30 Jun 20262 bed1,717AED 5,000,0002,912
29 Jun 20264+ bed3,978AED 11,500,0002,891
26 Jun 20262 bed1,717AED 3,750,0002,184
5 Jun 20264+ bed3,012AED 13,300,0004,415

25 resales in the last 12 months.

Short-term rates around Opera Grand

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed500 m cluster · 12+ listings seen7370.99/sqftAED 146,681AED 125,0001.2×—
2 bed2+ listings seen2,0011.17/sqftAED 403,280AED 197,5612.0×8.4%
4+ bed3+ listings seen2,6740.89/sqftAED 526,784AED 675,0000.8×3.9%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Downtown Dubai

Every Downtown Dubai building with a page, ranked by price per sqft over the same 12 months, all unit types. Opera Grand places 34th of 116; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
30BURJ VISTA Tower 1Completed 2017 · off-plan 1,948/sqftAED 4.60M3,137+5.4%3.9%+13.2%33
31The Residences II - Tower 3AED 2.56M3,106+4.3%—+22.8%5
32Act One Act Two Tower 1Completed 2022 · off-plan 2,317/sqftAED 2.38M3,068+3.1%6.3%-0.5%27
33Act One Act Two Tower 2Completed 2022 · off-plan 2,321/sqftAED 3.05M3,023+1.5%4.9%+0.3%30
34Opera Grand · this buildingCompleted 2021 · off-plan 3,183/sqftAED 5.10M2,9774.3%+2.2%25
35The St. Regis Residences - Tower 276% · Q4 2026 · off-plan 2,738/sqftAED 3.91M2,975-0.1%—+2.4%56
36One Residence1% · Q1 2027 · off-plan 2,829/sqftAED 2.28M2,930-1.6%—+2.8%71
37Burj KhalifaCompleted 2012 · off-plan 9,337/sqftAED 5.00M2,929-1.6%4.5%-2.4%115
38Forte T2Completed 2022 · off-plan 2,020/sqftAED 4.00M2,873-3.5%4.4%+2.6%31

Rank 1 is the dearest per square foot. Differences are against Opera Grand (AED 2,977/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Opera Grand has registered sale prices 14% above the Downtown Dubai median price per square foot of 2,458 AED, across 81 eligible buildings. It ranks 24th of 81 by price per square foot and 42nd 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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for Opera Grand

Direct 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.

About Opera Grand

Opera Grand is an apartment building completed in 2021 by Emaar Properties in Downtown Dubai. 314 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
AED 21.89/sqft a year · 2026 budget
Floors
73
Lifts
14
Parking bays
450
Pools
1
Master developer
Emaar Properties

Drive times · typical

Downtown
7 min · 1.4 km
DXB Airport
17 min · 16 km
DIFC
8 min · 5.0 km
Dubai Marina
21 min · 21 km
Palm Jumeirah
27 min · 25 km

Nearest, as registered

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Burj Khalifa

Opera Grand: AED 2,977 per sq ft, 22% above the median Downtown Dubai building, and a 4.3% gross yield, in the bottom tenth of the area

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Opera GrandAED 2,977
  2. Downtown Dubai, readyAED 2,665
  3. Downtown Dubai, off-planAED 3,819
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Opera GrandDowntown Dubai median building

  1. Downtown Dubai4.3% vs 5.2%
Line: the 10th to 90th percentile of 55 buildings in Downtown Dubai. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Downtown Dubai, by handover quarter

More from Emaar Properties

Nearby in Downtown Dubai

Prices per sq ft around Opera Grand, on the map
Pills show median sale price, AED. 94 buildings pinned from Google place records and Apple geocoding · Opera Grand is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Opera Grand’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
21,344AED
4.5% over 25 years
Monthly rent
16,463AED
AED 197,561 a year
Cash needed at purchase
1,308,000AED
20% down plus AED 348,000 in fees

Owning costs AED 539,723 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 3.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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Common questions

What is the rental yield in Opera Grand?
Opera Grand returns 4.1% gross: a median new-contract rent of AED 197,561 a year (50 Ejari contracts in 12 months) over a price benchmark of AED 4.80M (median of 15 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
How much does a 2 bedroom in Opera Grand cost?
The median registered sale price is AED 4.80M (2,802 AED/sqft), from 15 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Opera Grand selling for right now?
Registered sales of ready units in Opera Grand over the last 12 months have a median of 2,802 AED/sqft, across 15 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Opera Grand risen or fallen?
Median price per square foot moved +1.3% over the last 12 months against the 12 before it, on 15 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Opera Grand compare with Downtown Dubai?
Its 4.1% gross yield sits -1.4 pts against the Downtown Dubai median of 5.5%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Opera Grand sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
15 registered sales 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
Canonical record
/sale/apartments/dubai/downtown-dubai/opera-grand
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Opera Grand sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/opera-grand

Stable dataJSON