The Address Residences Dubai Opera T1

1. Does it pay a good rent?6.1% gross, 5.2% after the service charge (Dubai median 6.8%)6.1%Fair
2. Are rents going up?New 2 bed leases: AED 257,151 a year ago, AED 250,000 now (pooled across the project)-2.8%
3. Are prices going up?2 bed: AED 3,611/sqft a year ago, 3,354 now-7.1%Watch
4. How fast do fees pay back?AED 254,300 in fees to buy a 2 bed; net rent covers it in 1.2 years1.2 yrsFair
5. Can I sell easily?33 sales in 12 months (63 the year before)33
6. 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
7. Did earlier buyers gain?Up 21% for buyers 5 years ago; up 23% for launch buyers, before fees+21.2%Context

33 resales in the last 12 months, against 81 a year on average over 2023–2025.

At 2 bed, The Address Residences Dubai Opera T1 has registered sale prices 36% above the Downtown Dubai median price per square foot of 2,458 AED, across 81 eligible buildings. It ranks 15th of 81 by price per square foot and 9th of 43 by gross yield in Downtown Dubai.

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.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 2 bed
  24 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  168 new and 55 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  AED 28.67/sqft a year, 2026 owners-association budget; 5.2% yield after it. Confirm against the latest invoice.
  On record
• Project register
  The Address Dubai Opera: recorded complete 2023-03-30 · register data to 2026-07-06
  On record
• Developer
  Emaar Properties · delivery record
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 9 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

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.

How much does a 2 bedroom in The Address Residences Dubai Opera T1 cost?

The median registered sale price is AED 4.10M (3,354 AED/sqft), from 24 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in The Address Residences Dubai Opera T1 selling for right now?

Registered sales of ready units in The Address Residences Dubai Opera T1 over the last 12 months have a median of 3,354 AED/sqft, across 24 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 The Address Residences Dubai Opera T1 risen or fallen?

Median price per square foot moved -7.1% over the last 12 months against the 12 before it, on 24 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does The Address Residences Dubai Opera T1 compare with Downtown Dubai?

Its 6.1% gross yield sits +0.6 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.