The Address Dubai Opera in Downtown Dubai - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in The Address Dubai Opera

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
3	78	37,201	2,887,944

Sales prices for completed properties in The Address Dubai Opera

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	118	35,981	4,252,500
3	145	50,408	7,333,333

Rents in The Address Dubai Opera

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	75	2,550	190,000
2	116	2,553	295,925
3	151	2,774	420,000

The cap rate (rental yield) of investments into The Address Dubai Opera project is 6.2% on average.

The price of an apartment in The Address Dubai Opera is 40,054 AED/sqm on average.

The long term rent of an apartment in The Address Dubai Opera is 2,630 AED/sqm/year on average.

Price for off-plan 3 bedroom apartment in The Address Dubai Opera is 2,887,944 AED or 37,201 AED/sqm.

Price for completed 2 bedroom apartment in The Address Dubai Opera is 4,252,500 AED or 35,981 AED/sqm.
Price for completed 3 bedroom apartment in The Address Dubai Opera is 7,333,333 AED or 50,408 AED/sqm.

Rent for 1 bedroom apartment in The Address Dubai Opera is 190,000 AED or 2,550 AED/sqm.
Rent for 2 bedroom apartment in The Address Dubai Opera is 295,925 AED or 2,553 AED/sqm.
Rent for 3 bedroom apartment in The Address Dubai Opera is 420,000 AED or 2,774 AED/sqm.

About The Address Dubai Opera

'The Address Dubai Opera' in 'Downtown Dubai' area project description

The Address Dubai Opera is a luxurious hotel and residential complex located in the heart of the city of Dubai, United Arab Emirates. It is a part of the larger Dubai Opera District, which is a major cultural and entertainment hub in the city. The complex consists of two towers, the Address Dubai Opera and the Address Residences Dubai Opera, and a retail podium.

The Address Dubai Opera is a five-star hotel that offers a range of luxurious amenities and services. It has a total of 200 rooms and suites, all of which are designed with modern furnishings and amenities. The hotel also features a range of restaurants and bars, a spa, a fitness center, and a rooftop pool.

The Address Residences Dubai Opera is a residential complex that consists of two towers, the Address Residences Dubai Opera and the Address Residences Dubai Opera II. The complex offers a range of luxurious apartments, ranging from one to four bedrooms. All of the apartments are designed with modern furnishings and amenities, and feature floor-to-ceiling windows that offer stunning views of the city.

The retail podium at the Address Dubai Opera is a shopping and entertainment destination that features a range of retail outlets, restaurants, and cafes. The podium also features a cinema, a bowling alley, and a range of other entertainment options.

The Address Dubai Opera is a luxurious complex that offers a range of amenities and services for both visitors and residents. It is a part of the larger Dubai Opera District, which is a major cultural and entertainment hub in the city. The complex is a great place to stay, shop, and enjoy the best of Dubai.

Q&A on The Address Dubai Opera

What are the advantages of 'The Address Dubai Opera' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: The Address Dubai Opera is located in the heart of Downtown Dubai, offering easy access to the city’s major attractions, including the Dubai Mall, Burj Khalifa, and the Dubai Fountain.

2. Luxury Amenities: The Address Dubai Opera offers a range of luxury amenities, including a rooftop pool, a fully-equipped gym, and a spa.

3. High-end Finishes: The Address Dubai Opera features high-end finishes, such as marble flooring, Italian-style kitchens, and designer bathrooms.

4. Investment Potential: The Address Dubai Opera offers excellent investment potential, due to its prime location and luxury amenities.

5. Flexible Payment Plans: The Address Dubai Opera offers flexible payment plans, making it easier for buyers to purchase a property.

What projects are better than 'The Address Dubai Opera' project in Dubai which are located close by, and why?

1. Burj Khalifa Residences
- Proximity: Directly adjacent to The Address Dubai Opera, offering unparalleled views of the Burj Khalifa and The Dubai Fountain.
- Prestige: As part of the world's tallest building, these residences have an unmatched prestige factor.
- Amenities: Access to world-class facilities including pools, gyms, observation decks, and even the Armani Hotel’s exclusive services.

2. The Ritz-Carlton Residences
- Luxury: Branded residences of The Ritz-Carlton deliver a high standard of luxury, personalized services, and exclusivity.
- Location: Situated in the cultural heart of Downtown, near Dubai Opera, with easy access to shopping and dining at The Dubai Mall.
- Services: Renowned for impeccable hospitality services, including concierge, housekeeping, and in-residence dining.

3. Il Primo
- Space: Offers some of the largest apartment units in Downtown area, with expansive floor plans catering to luxury living.
- Views: Stunning panoramic views of the Burj Khalifa and Dubai Fountain.
- Features: High-end finishes, top-notch recreational facilities, and exclusive access to a host of amenities, including cinema rooms and cigar lounges.

4. Opera Grand
- Design: Specifically designed to complement the aesthetic of the Dubai Opera district.
- Views: Offers spectacular views of the Burj Khalifa, Dubai Opera, and The Dubai Fountain.
- Community: Focused on providing a culturally enriched lifestyle near the opera house, fostering a community with a strong appreciation for the arts.

5. Forte
- Art and Culture: Developed with a strong emphasis on art and culture, featuring curated spaces and art exhibitions.
- Location: Positioned on the Sheikh Mohammed bin Rashid Boulevard, providing easy access to a host of cultural attractions.
- Amenities: Comprehensive range of amenities including pools, gyms, and retail outlets within the premises, enhancing the resident experience.

Each of these projects offers distinct advantages in terms of luxury, location, design, and amenities, catering to different tastes and expectations in high-end living.