AED 649,999/ year
3 bedroom apartment in The Address Residences Dubai Opera Tower 1
4 bath · 1,677 sqft · Furnished · Fountain and Burj View · Hight Floor
The Address Residences Dubai Opera Tower 1
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
The Address Residences Dubai Opera Tower 1 — Downtown Dubai rents by layout, from 9,206 Ejari contracts; its own gross yield 3.3% (1 B/R). 2 for rent with McCone, AED 360K – 650K / year.
Your agent in Downtown Dubai
Leasing
Renting in The Address Residences Dubai Opera Tower 1? Aayush can walk you through what these numbers mean for you.
Aayush is marketing 33 homes for rent in Downtown Dubai right now.
- Community
- Downtown Dubai
- Nearest metro
- Burj Khalifa/Dubai Mall Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Brand
- Address — resold at AED 3,862 a sq ft, 57% above the rest of its community; branded residences in Dubai
- Handed over
- 2023 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2016 — an off-plan sale
- Sales on record
- 785 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 71% — 556 bought off-plan from the developer, 229 resales of a completed home
On the market · The Address Residences Dubai Opera Tower 1
2 homes for rent
Type
Bedrooms
Rent · year
Downtown Dubai rent per sq ft
AED 142
a year · 9,206 contracts in Downtown Dubai
Gross yield
3.3%
1 B/R · Downtown Dubai rents over its own sale prices
Recorded sale price
AED 3,456
per sq ft · 785 sales on record
Handed over
2023
Derived from the register
The area, not the building
Recorded rents in Downtown Dubai
The register does not name The Address Residences Dubai Opera Tower 1 on enough contracts to quote it alone, so these are the community's figures — every tenancy registered in the last twelve months, read from Downtown Dubai. The full Downtown Dubai rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| Studio | 72,000 | 76,921 | 70,000 | 75,000 | 142 | 638 |
| 1 B/R | 115,000 | 117,438 | 115,000 | 115,000 | 128 | 4,033 |
| 2 B/R | 175,000 | 189,604 | 180,000 | 172,000 | 131 | 3,421 |
| 3 B/R | 284,250 | 294,784 | 300,000 | 270,000 | 147 | 1,052 |
| 4 B/R | 1,300,000 | 1,404,016 | 1,400,000 | 1,300,000 | 254 | 55 |
A community figure, not this building’s. A tower priced below its neighbours usually lets below them too; a tower priced above them, above. Use these as the range the building sits in.
Rent against price
Gross yield in The Address Residences Dubai Opera Tower 1
The rent per square foot a year recorded across Downtown Dubai, over this building's own recorded resale price per square foot — an indicative figure, since the rent is the area's and the price is the building's.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 2 B/R | 131 | Downtown Dubai · 3,421 | 3,448 | 3.8% |
| 1 B/R | 128 | Downtown Dubai · 4,033 | 3,868 | 3.3% |
| 3 B/R | 147 | Downtown Dubai · 1,052 | 5,365 | 2.7% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
For rent nearby · Downtown Dubai
Homes to rent in Downtown Dubai now
Our live rental stock in the community. Everything for rent in Downtown Dubai →
AED 2,000,000/ year
4 bedroom apartment in IL Primo
5 bath · 5,300 sqft · Burj and Fountain View · 02 Layout · Ultra Luxury
AED 1,790,000/ year
5 bedroom apartment in Opera Grand
7 bath · 7,454 sqft · Great Views · Penthouse · Vacant
AED 1,549,990/ year
4 bedroom apartment in IL Primo
5 bath · 5,176 sqft · Brand New · High Floor · Penthouse
AED 1,500,000/ year
4 bedroom apartment in IL Primo
6 bath · 5,176 sqft · Burj Fountain · Exclusive · Multiple Layouts
AED 1,000,000/ year
4 bedroom apartment in Kempinski BLVD
5 bath · 3,693 sqft · Burj View · Penthouse · Mall Access
AED 950,000/ year
4 bedroom apartment in The Address Sky View Sky Collection Tower 1
5 bath · 2,901 sqft · Luxury apartment in Downtown with modern interior
Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 17 Oct 2026.
Nearby
What else to look at in Downtown Dubai
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Inaura Hotels & Residencesnewest | 35 | 2026 | 4,989 |
| Address Grand Downtown | 60 | 2025 | 4,030 |
| Binghatti Skyblade | 565 | 2025 | 3,909 |
| IL Primo | 220 | 2016 | 3,844 |
| The Residence | Burj Khalifa | 39 | 2022 | 3,432 |
| Fairmont Residences Solara Tower | 164 | 2024 | 3,327 |
| 118 Downtown | 44 | 2015 | 3,323 |
| Rove Home Downtown | 378 | 2023 | 3,252 |
| Opera Grand | 450 | 2014 | 3,170 |
| Downtown Dubai One Residencenewest | 361 | 2024 | 2,829 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into The Address Residences Dubai Opera Tower 1? Ejari, the DEWA move-in and your Makani number, explained.