Market bulletin · Thu, 22 Oct 2026
The Address Residences Dubai Opera T2: 1 sales worth AED 3.24M in 30 days
The Address Residences Dubai Opera T2 recorded 1 sale worth AED 3.24M in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
The median sale over the last three months was AED 3.61M, or AED 3,044/sqft. Monthly medians over the past year ranged from AED 3,108/sqft to AED 4,351/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Downtown Dubai, The Address Residences Dubai Opera T2 ranked #10 of 11 leading projects by 12-month sales value; it is developed by Emaar Properties.
Leases registered in the last three months had a median annual rent of AED 240K. The best gross yield is on 2 BR apartments at about 6.4%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | AED 3,108 |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 3,717 |
| Dec 25 | AED 4,351 |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 4,322 |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 4,505 |
| Apr 25 | AED 3,528 |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 3,774 |
| Dec 24 | — |
| Nov 24 | AED 2,963 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 5 |
| Jul 26 | 0 | 0 | 3 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 4 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 6 |
| Dec 25 | 0 | 0 | 6 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | unchanged 0.0% | AED 3.24M | — | — |
| Last 3 months | 6 | unchanged 0.0% | AED 21.0M | 3,044 | down 19.9% |
| Last 6 months | 12 | down 33.3% | AED 82.3M | 3,114 | down 24.7% |
| Last 12 months | 30 | down 48.3% | AED 206M | 3,541 | down 5.0% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 30 | 100% | AED 4.10M | 3,541 | down 5.0% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 4 | 13% | — | — | — |
| 2 bedrooms | 17 | 57% | AED 3.90M | 3,179 | down 9.3% |
| 3 bedrooms | 7 | 23% | AED 7.50M | 4,705 | up 6.5% |
| 4 bedrooms | 1 | 3% | — | — | — |
| 5+ bedrooms | 1 | 3% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 1 | 3% | — | — | — |
| AED 2M–10M | 26 | 87% | AED 3.98M | 3,501 | down 6.9% |
| AED 10M–50M | 3 | 10% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 250K |
| Sept 26 | AED 238K |
| Aug 26 | AED 250K |
| Jul 26 | AED 180K |
| Jun 26 | AED 225K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 270K |
| Jan 26 | AED 255K |
| Dec 25 | AED 260K |
| Nov 25 | AED 250K |
| Oct 25 | AED 250K |
| Sept 25 | AED 238K |
| Aug 25 | AED 246K |
| Jul 25 | AED 250K |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 233K |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 260K |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 200
- New leases
- 70.5%
- Median rent 3M
- AED 240K
- Rent/sqft 3M
- AED 192
| 2 BR apartments | AED 250K / AED 3.90M | 6.4% |
|---|---|---|
| 3 BR apartments | AED 360K / AED 7.50M | 4.8% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 38 | AED 174K | AED 173K | 210 |
| 2 BR | 105 | AED 250K | AED 250K | 208 |
| 3 BR | 33 | AED 360K | AED 360K | 229 |
Competing projects in Downtown Dubai
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti SkybladeBinghatti | 382 | 3,909 | — |
| Fairmont Residences Solara TowerSOL Properties | 41 | 3,740 | — |
| Burj KhalifaEmaar Properties | 78 | 2,739 | down 2.5% |
| Baccarat Hotel Downtown Dubai T2H&H Investment and Development | 15 | 5,156 | — |
| The Address The BLVDEmaar Properties | 38 | 3,541 | — |
| The Address Downtown HotelEmaar Properties | 50 | 3,410 | — |
| Imperial AvenueSp International Property Developers | 52 | 2,422 | — |
| St. Regis Residences Tower 1Emaar Properties | 48 | 3,307 | — |
| Grande Signature ResidencesEmaar Properties | 44 | 3,094 | — |
| IL PrimoEmaar Properties | 7 | 5,660 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 3.90M | 2 BR Apartment · 1,227 sqftThe Address Residences Dubai Opera T2 · Downtown Dubai | 17 Aug |
| AED 3.90M | 2 BR Apartment · 1,255 sqftThe Address Residences Dubai Opera T2 · Downtown Dubai | 10 Aug |
| AED 3.70M | 2 BR Apartment · 1,242 sqftThe Address Residences Dubai Opera T2 · Downtown Dubai | 11 Aug |
| AED 3.52M | 2 BR Apartment · 1,183 sqftThe Address Residences Dubai Opera T2 · Downtown Dubai | 26 Aug |
| AED 3.24M | 2 BR Apartment · 1,190 sqftThe Address Residences Dubai Opera T2 · Downtown Dubai | 7 Oct |
| AED 2.70M | 1 BR Apartment · 802 sqftThe Address Residences Dubai Opera T2 · Downtown Dubai | 5 Aug |
Questions about The Address Residences Dubai Opera T2
What is the average price per sqft in The Address Residences Dubai Opera T2?
The median sale price in The Address Residences Dubai Opera T2 over the last three months was AED 3,044 per sqft (median sale AED 3.61M), based on 6 sales registered with Dubai Land Department.
How many properties were sold in The Address Residences Dubai Opera T2 in the last year?
30 sales worth AED 206M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in The Address Residences Dubai Opera T2?
The median annual rent on leases registered in the last three months was AED 240K, and the best gross rental yield is about 6.4%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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