The Address Dubai Opera, Downtown Dubai market analysis & prices 2025

Projects Analysis

The Address Dubai Opera, Downtown Dubai - 2026

Set within the heart of Downtown Dubai, Grande presents a refined urban living environment framed by the Burj Khalifa skyline and accessible promenades. The development benefits from immediate proximity to Sheikh Mohammed bin Rashid Boulevard and seamless links to Sheikh Zayed Road, placing residents minutes from Dubai Mall and the Dubai Metro. Developed by Emaar and completed in mid-2024, Grande exemplifies contemporary architectural standards and quality construction within a high-density apartment community. The project offers a diverse portfolio of residences, including one- to three-bedroom apartments, alongside exclusive large-scale units, attracting both end-users and investors seeking centrality and asset stability. Commercial spaces complement the residential mix, enhancing the area’s business appeal. From an investment perspective, Grande's location in Downtown Dubai coupled with its range of unit sizes supports sustained rental demand and liquidity, making it a compelling option for long-term capital growth and yield resilience in one of the city’s most established districts.

Bedroom

Sales and Rent Performance

⃃ 4,000,000
Median Property Price
-11.89%
⃃ 3,367
Median Price/sqft
-13.86%
52 Properties
Sales Volume · Year to date (to 14 Nov) (-48% vs full 2025, not like-for-like)
⃃ 220,000
Median Rent
-15.38%
367 Contracts
Active Rental Contracts
61 Contracts
Expiring Contracts (60 Days)
⃃ 28.7 /sqft
Service Charges: Residential
6.26 %
Rental yield
37.8 %
Rented Units

Number of Units per Bed

Donut: No of Units per bed chart
	Value	Share
1 Bed	135	13.9%
2 Beds	462	47.5%
3 Beds	253	26.0%
4 Beds	4	0.4%
5 Beds	12	1.2%
Commercial	106	10.9%

1 Bed
2 Beds
3 Beds
4 Beds
5 Beds
Commercial

972Total units
Unit Size sqft
Median Price⃃ 3,450 /sqft
Transactions69 sales
1351 Bed
Unit Size717 to 1,480 sqft
Median Price⃃ 3,870 /sqft
Transactions7 sales
4622 Beds
Unit Size1,059 to 2,926 sqft
Median Price⃃ 3,350 /sqft
Transactions47 sales
2533 Beds
Unit Size1,549 to 1,782 sqft
Median Price⃃ 4,810 /sqft
Transactions12 sales
44 Beds
Unit Size6,478 to 6,973 sqft
Median Price⃃ 5,700 /sqft
Transactions2 sales
125 Beds
Unit Size5,150 to 10,625 sqft
Median Price⃃ 5,430 /sqft
Transactions1 sale
106Commercial
Unit Size39 to 12,617 sqft
Median Price /sqft
Transactions

Sales Timeline Trend

The latest yearly median is year to date (to 14 nov), not a full-year figure.

Rent Timeline Trend

The latest yearly median is year to date (to 14 nov), not a full-year figure.

Rented Units Per Bed

Bar: Rented units per bed
	Number of Unit(s)	Rental Contract(s)
1 Bed	135	70
2 Beds	462	212
3 Beds	253	81
4 Beds	4	0
5 Beds	12	4

Monthly Bedroom-Wise Price Comparison

Chart Per bed. 1 bed: 3.1M in Jan 2026, 2.7M in Aug 2026; 2 beds: 4.1M in Nov 2025, 4M in Oct 2026; 3 beds: 10.2M in Nov 2025, 11.8M in Oct 2026.

Dashed or striped = fewer than 30 sales (low sample)

Axis is scaled to the data; it may not start at zero.November 2026 is partial (14 days) and is excluded from the chart. So far: median 1 bed ⃃ 2,600,000 (1 sales); 2 beds ⃃ 5,200,000 (3 sales)

Project Sales History

Sort by

Location Status	Date Sold by	Sold for (⃃)		Rental yield Transactions	Specs
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment Ready	27-Feb-2026 Individual	4,700,000 3,736 /sqft	+54% Price change compared to latest transaction on this property.	1 The Rental yield is based on the latest rental contract. Number of times this property was sold.	2 Beds 1,258 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment Ready	10-Feb-2026 Individual	4,200,000 3,423 /sqft	+29% Price change compared to latest transaction on this property.	1 The Rental yield is based on the latest rental contract. Number of times this property was sold.	2 Beds 1,227 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment Ready	04-Feb-2026 Individual	32,500,000 4,665 /sqft	+37% Price change compared to latest transaction on this property.	1 The Rental yield is based on the latest rental contract. Number of times this property was sold.	4 Beds 6,967 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment Ready	03-Feb-2026 Individual	3,100,000 3,870 /sqft	-5% Price change compared to latest transaction on this property.	6.45 % 3 The Rental yield is based on the latest rental contract. Number of times this property was sold.	1 Bed 801 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment Ready	30-Jan-2026 Individual	7,300,000 6,104 /sqft	+39% Price change compared to latest transaction on this property.	4.79 % 2 The Rental yield is based on the latest rental contract. Number of times this property was sold.	2 Beds 1,196 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment Ready	28-Jan-2026 Individual	7,500,000 4,464 /sqft	+31% Price change compared to latest transaction on this property.	1 The Rental yield is based on the latest rental contract. Number of times this property was sold.	3 Beds 1,680 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment Ready	22-Jan-2026 Individual	4,650,000 3,690 /sqft	+34% Price change compared to latest transaction on this property.	1 The Rental yield is based on the latest rental contract. Number of times this property was sold.	2 Beds 1,260 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment Ready	20-Jan-2026 Individual	4,300,000 3,626 /sqft	+39% Price change compared to latest transaction on this property.	6.28 % 1 The Rental yield is based on the latest rental contract. Number of times this property was sold.	2 Beds 1,186 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment Ready	19-Jan-2026 Individual	2,800,000 3,513 /sqft	-4% Price change compared to latest transaction on this property.	5.89 % 2 The Rental yield is based on the latest rental contract. Number of times this property was sold.	1 Bed 797 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment Ready	16-Jan-2026 Individual	4,050,000 3,214 /sqft	0% Price change compared to latest transaction on this property.	4.94 % 2 The Rental yield is based on the latest rental contract. Number of times this property was sold.	2 Beds 1,260 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment Ready	16-Jan-2026 Individual	4,250,000 3,571 /sqft	+23% Price change compared to latest transaction on this property.	5.88 % 1 The Rental yield is based on the latest rental contract. Number of times this property was sold.	2 Beds 1,190 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment Ready	14-Jan-2026 Individual	3,200,000 3,990 /sqft	+5% Price change compared to latest transaction on this property.	5.94 % 2 The Rental yield is based on the latest rental contract. Number of times this property was sold.	1 Bed 802 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment Ready	08-Jan-2026 Individual	3,100,000 3,865 /sqft	+38% Price change compared to latest transaction on this property.	6.77 % 1 The Rental yield is based on the latest rental contract. Number of times this property was sold.	1 Bed 802 sqft

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Project Rent History

Location Status	Contract Start date to End Date	Rented for (⃃)	Bed Size
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment New	12, Nov 2026 to 11, Nov 2027	190,000	2 Beds 1258 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment New	06, Nov 2026 to 05, Nov 2027	210,000	2 Beds 1258 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment New	06, Nov 2026 to 05, Nov 2027	450,000	3 Beds 1564 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment New	06, Nov 2026 to 05, Nov 2027	320,000	3 Beds 1781 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment New	05, Nov 2026 to 04, Nov 2027	200,000	2 Beds 1255 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment New	03, Nov 2026 to 02, Nov 2027	165,000	1 Bed 797 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment New	01, Nov 2026 to 31, Oct 2027	360,000	3 Beds 1575 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment New	01, Nov 2026 to 31, Oct 2027	230,000	2 Beds 1236 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment New	30, Oct 2026 to 29, Oct 2027	370,000	3 Beds 1781 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment New	29, Oct 2026 to 28, Oct 2027	200,000	2 Beds 1255 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment New	28, Oct 2026 to 27, Oct 2027	220,000	2 Beds 1190 sqft
The Address Residences Dubai Opera T2, The Address Dubai Opera, Downtown Dubai Apartment New	28, Oct 2026 to 27, Oct 2027	310,000	3 Beds 1624 sqft
The Address Residences Dubai Opera T1, The Address Dubai Opera, Downtown Dubai Apartment New	27, Oct 2026 to 26, Oct 2027	165,000	1 Bed 802 sqft

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The Address Dubai Opera project analysis

The Address Dubai Opera, Downtown Dubai - 2026

Sales and Rent Performance

⃃ 4,000,000Median Property Price -11.89%

⃃ 4,000,000

⃃ 3,367Median Price/sqft -13.86%

⃃ 3,367

52 PropertiesSales Volume · Year to date (to 14 Nov) (-48% vs full 2025, not like-for-like)

52 Properties

⃃ 220,000Median Rent -15.38%

⃃ 220,000

367 ContractsActive Rental Contracts

367 Contracts

61 ContractsExpiring Contracts (60 Days)

61 Contracts

⃃ 28.7 /sqftService Charges: Residential

⃃ 28.7 /sqft

6.26 %Rental yield

6.26 %

37.8 %Rented Units

37.8 %

Number of units per bed

Number of Units per Bed

972Total unitsUnit Size sqftMedian Price⃃ 3,450 /sqftTransactions69 sales

1351 BedUnit Size717 to 1,480 sqftMedian Price⃃ 3,870 /sqftTransactions7 sales

4622 BedsUnit Size1,059 to 2,926 sqftMedian Price⃃ 3,350 /sqftTransactions47 sales

2533 BedsUnit Size1,549 to 1,782 sqftMedian Price⃃ 4,810 /sqftTransactions12 sales

44 BedsUnit Size6,478 to 6,973 sqftMedian Price⃃ 5,700 /sqftTransactions2 sales

125 BedsUnit Size5,150 to 10,625 sqftMedian Price⃃ 5,430 /sqftTransactions1 sale

106CommercialUnit Size39 to 12,617 sqftMedian Price /sqftTransactions

Sales timeline trend v1

Sales Timeline Trend

Rent timeline trend org

Rent Timeline Trend

Rented units per bed

Rented Units Per Bed

Analysis

Monthly Bedroom-Wise Price Comparison

Project sales history

Project Sales History

Project rent history

Project Rent History

⃃ 4,000,000
Median Property Price
-11.89%

⃃ 3,367
Median Price/sqft
-13.86%

52 Properties
Sales Volume · Year to date (to 14 Nov) (-48% vs full 2025, not like-for-like)

⃃ 220,000
Median Rent
-15.38%

367 Contracts
Active Rental Contracts

61 Contracts
Expiring Contracts (60 Days)

⃃ 28.7 /sqft
Service Charges: Residential

6.26 %
Rental yield

37.8 %
Rented Units

972Total units
Unit Size sqft
Median Price⃃ 3,450 /sqft
Transactions69 sales

1351 Bed
Unit Size717 to 1,480 sqft
Median Price⃃ 3,870 /sqft
Transactions7 sales

4622 Beds
Unit Size1,059 to 2,926 sqft
Median Price⃃ 3,350 /sqft
Transactions47 sales

2533 Beds
Unit Size1,549 to 1,782 sqft
Median Price⃃ 4,810 /sqft
Transactions12 sales

44 Beds
Unit Size6,478 to 6,973 sqft
Median Price⃃ 5,700 /sqft
Transactions2 sales

125 Beds
Unit Size5,150 to 10,625 sqft
Median Price⃃ 5,430 /sqft
Transactions1 sale

106Commercial
Unit Size39 to 12,617 sqft
Median Price /sqft
Transactions