The Address Residences Dubai Opera Tower 1

Completed|517 units · 1 tower

The Address Residences Dubai Opera Tower 1 is a completed development by EMAAR in Downtown Dubai, comprising 517 registered units. 780 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,556 per sqft. At AED 4,556 per sqft, The Address Residences Dubai Opera Tower 1 prices 92% above the Downtown Dubai median of AED 2,379 per sqft on registered sales.

PIX© price · ↓2.8% YoY

6.47MAED

Typical

4,556AED

PSF

Gross yield

4.1%

PIX© rent ÷ PIX© price

Sale records

780

DLD · all time

Rent contracts

522

Ejari · all time

SATELLITE

LocationDowntown Dubai

Drive times · typical

Downtown Dubai8 min · 2.2 km

DXB Airport15 min · 13.2 km

DIFC10 min · 3.0 km

Dubai Marina25 min · 23.1 km

Palm Jumeirah24 min · 24.5 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station0.5 km

MallGallirie la Fayette Dubai mall0.3 km

SchoolGMNSM0.2 km

HospitalPadra Medical Center0.5 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 17

…

2 Bed on Floor 17, The Address Residences Dubai Opera Tower 1

Size
Record: Jul 2016 to May 2026
Owners: 5
Tenants: 2
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
2Tenant 2	1 May 2026		Owner 5
5Owner 5	23 Oct 2025	11 mo	Current owner Sold with tenant in place
4Owner 4	13 Jan 2025	9 mo	Sold with tenant in place
1Tenant 1	15 Sep 2023	2.7 yrs	Owner 3
3Owner 3	14 Mar 2023	22 mo
2Owner 2	21 Mar 2021	2.0 yrs
1Owner 1	24 Jul 2016	4.7 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 17 · The Address Residences Dubai Opera Tower 1

Nightly rateAED

Occupancy (237 nights)

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The Address Residences Dubai Opera Tower 14,556AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 39 - 10,625 sqft	517	6.47M	4,556	↓2.8%		267K	4.1%
Residential
1 Bed · Apartment 717 - 1,040 sqft	53
2 Bed · Apartment 1,059 - 1,655 sqft	260
3 Bed · Apartment 1,549 - 1,782 sqft	137
4 Bed · Apartment 6,484 - 6,973 sqft	2			-		-	-
5 Bed · Apartment 5,150 - 10,625 sqft	7			-		-	-
Commercial
Shop 1,155 sqft	1	-	-	-	-	-	-
Warehouse 39 - 99 sqft	57	-	-	-	-	-	-

Sales - Project-Wide780 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
11 Sep 2026	2 Bed	The Address Residences Dubai Opera Tower 1 · Floor 34	1,196	6,100,000	5,099	+27.5%	Premium	Standard Sale
12 Aug 2026	2 Bed	The Address Residences Dubai Opera Tower 1 · Floor 29	1,188	3,900,000	3,282	+23.2%	Entry Level	Standard Sale
27 Jul 2026	2 Bed	The Address Residences Dubai Opera Tower 1 · Floor 8	1,256	4,000,000	3,184	+33.0%	Entry Level	Standard Sale

Rentals - Project-Wide522 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Oct 2026	2 Bed	The Address Residences Dubai Opera Tower 1 · Floor 54	1,179	212,000	180	-	Standard	CERTIFICATE
15 Sep 2026	3 Bed	The Address Residences Dubai Opera Tower 1 · Floor 19	1,564	310,000	198	-	Entry Level	CERTIFICATE
13 Sep 2026	2 Bed	The Address Residences Dubai Opera Tower 1 · Floor 33	1,197	205,000	171	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

The Address Residences Dubai Opera Tower 1

Compared with

Grande

PIX© PSF

4,062

Rank

#2 of 50

#1 of 50

Typical price

6.18M

Yield

4.7%

Units

517

1,112

Sales

145

167

Rents

522

961

Developer

EMAAR

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Grande EMAAR · Completed	1,112					167	961
2	The Address Residences Dubai Opera Tower 1 EMAAR · Completed	517	4,062	Subject	6.18M	4.7%	145	522
	Vida Residences Dubai Mall EMAAR · Completed	760					39	328
	Vida Dubai Mall Tower 2 EMAAR · Completed	247					15	114
	The Address Residences Dubai Opera EMAAR · Completed	977					276	1,073
	The Address Residences Dubai Opera Tower 2 EMAAR · Completed	450					131	543
	Burj Royale EMAAR · Completed	609					197	1,085
	Boulevard Point EMAAR · Completed	509					220	787
	Burj Vista EMAAR · Completed	790					203	1,492
	Opera Grand EMAAR · Completed	339					85	456
	Burj Khalifa EMAAR · Completed	1,311					450	1,639

Community median 2,379 AED/sqft. Showing the closest-ranked peers of 50 ranked projects in the community. 8 community projects excluded for insufficient recorded sales. 22 excluded for trading only in the off-plan market. 10 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

GrandeAED 4,235/sqft
Vida Residences Dubai MallAED 3,845/sqft
Vida Dubai Mall Tower 2AED 3,845/sqft
The Address Residences Dubai OperaAED 3,717/sqft
The Address Residences Dubai Opera Tower 2AED 3,636/sqft
Burj RoyaleAED 3,482/sqft

Common questions about The Address Residences Dubai Opera Tower 1

Answered from Dubai Land Department registered transactions.

How much does a property in The Address Residences Dubai Opera Tower 1 cost?

Property in The Address Residences Dubai Opera Tower 1 sells at a current PIX© price of AED 4,556 per sqft, or about AED 6,473,826 for a typical unit, based on 780 sales registered with the Dubai Land Department.

Is The Address Residences Dubai Opera Tower 1 completed?

Yes. The Address Residences Dubai Opera Tower 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of The Address Residences Dubai Opera Tower 1?

The Address Residences Dubai Opera Tower 1 is developed by EMAAR, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Address Residences Dubai Opera Tower 1?

The Address Residences Dubai Opera Tower 1 yields 4.1% gross, calculated from current PIX© rent against current PIX© sale price, across 522 registered Ejari contracts.

How many units are in The Address Residences Dubai Opera Tower 1?

The Address Residences Dubai Opera Tower 1 holds 517 registered units, per the Dubai Land Department unit register.

Have prices in The Address Residences Dubai Opera Tower 1 gone up or down?

Price per sqft has fallen -2.8% over the last 12 months, to AED 4,556, across 780 registered sales.