Address Opera T1
2 BR · Apartment
About the building
Located in The Opera District, completed in 2023. Developer — Emaar Properties. Architect — Khatib & Alami и Yazdani Studio.
Where it is
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →Questions and answers about lot NP6-107677
How much is this 2-bedroom apartment in Address Opera T1?
Lot NP6-107677 is priced at AED 5 050 000, about $1 375 000. The size is 1 200 sq ft (111 m²), which works out at AED 4 208 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
Is this expensive or cheap for Downtown Dubai?
The database holds 213 lots in Downtown Dubai, starting from AED 1 300 000. The area median is AED 3 625 per sq ft; this lot, at AED 4 208, is 16% above it. 40 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Downtown Dubai area guide →Is the property ready or still under construction?
The listing gives no handover date. The project passport gives 2023 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 1 515 000; a loan of AED 3 535 000 over 25 years at 3.75–4.99% a year comes to roughly AED 18 200–20 600 a month. A non-resident puts down from 40% (AED 2 020 000) and pays about AED 15 600–17 700 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 202 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 5 050 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Address Opera T1?
The building has 66 floors and 809 units. The developer is Emaar. Completion year: 2023. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP6-107677 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in Downtown Dubai
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