Dubai Opera
3 BR · Apartment
About the building
Located in The Opera District, completed in 2016. Developer — Emaar Properties. Architect — WS Atkins & Partners.
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 NP9-303578
How much is this 3-bedroom apartment in Dubai Opera?
Lot NP9-303578 is priced at AED 9 100 000, about $2 478 000. The size is 1 865 sq ft (173 m²), which works out at AED 4 879 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 163 lots in Downtown Dubai. The area median is AED 3 523 per sq ft; this lot, at AED 4 879, is 38% above it. 36 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?
According to the listing, the property is ready. The project passport gives 2016 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 30%, here AED 2 730 000; a loan of AED 6 370 000 over 25 years at 3.75–4.99% a year comes to roughly AED 32 800–37 200 a month. A non-resident puts down from 40% (AED 3 640 000) and pays about AED 28 100–31 900 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 364 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. 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 9 100 000. 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 Dubai Opera?
The building has 4 floors. Completion year: 2016. 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 NP9-303578 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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