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THE ADDRESS DUBAI OPERA, Downtown Dubai: rental yield, prices & rents

In the 24 months to 5 October 2026, DLD registered 186 sales and 742 rent contracts in THE ADDRESS DUBAI OPERA, Downtown Dubai. A 2-bed apartment sold for a median AED 4.27M and rented for AED 250K a year: a gross yield of 5.9%. The Downtown Dubai median for the same home type is 4.7% (last 12 months).

See every THE ADDRESS DUBAI OPERA sale and rental in the explorer →

Prices and yields by home type

Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.

Home typeMedian priceAED / sq ftGross yieldSales
1-bed apartmentAED 3.09M3,8656.0%28
2-bed apartmentAED 4.27M3,4685.9%105
3-bed apartmentAED 8.07M4,8125.0%50
5-bed apartmentAED 33.10M5,4099.1%3

Rent guide: what tenants pay in THE ADDRESS DUBAI OPERA

The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.

Home typeTypical rent / yearPer monthMost payNew leaseRenewalContracts
1-bed apartmentAED 185KAED 15KAED 170K – AED 200KAED 185KAED 180K154
2-bed apartmentAED 250KAED 21KAED 239K – AED 285KAED 250KAED 262K429
3-bed apartmentAED 400KAED 33KAED 350K – AED 435KAED 390KAED 400K153
5-bed apartmentAED 3.00MAED 250KAED 2.77M – AED 3.23MAED 3.00M—6

Price and rent trend

Median sale price per sq ft (AED), by month
3,0003,5004,0004,5005,000Oct 2024Aug 2025Sep 2026 3,350Oct 2024: AED 4,055 per sq ftNov 2024: AED 4,050 per sq ftDec 2024: AED 3,787 per sq ftJan 2025: AED 4,456 per sq ftFeb 2025: AED 3,671 per sq ftMar 2025: AED 3,862 per sq ftApr 2025: AED 3,696 per sq ftMay 2025: AED 4,363 per sq ftJun 2025: AED 3,755 per sq ftJul 2025: AED 4,250 per sq ftAug 2025: AED 4,555 per sq ftSep 2025: AED 3,889 per sq ftOct 2025: AED 3,705 per sq ftNov 2025: AED 3,816 per sq ftDec 2025: AED 3,883 per sq ftJan 2026: AED 3,658 per sq ftFeb 2026: AED 4,267 per sq ftApr 2026: AED 3,348 per sq ftJul 2026: AED 3,345 per sq ftAug 2026: AED 3,179 per sq ftSep 2026: AED 3,350 per sq ft
Show as table
MonthAED per sq ft
Oct 20244,055
Nov 20244,050
Dec 20243,787
Jan 20254,456
Feb 20253,671
Mar 20253,862
Apr 20253,696
May 20254,363
Jun 20253,755
Jul 20254,250
Aug 20254,555
Sep 20253,889
Oct 20253,705
Nov 20253,816
Dec 20253,883
Jan 20263,658
Feb 20264,267
Apr 20263,348
Jul 20263,345
Aug 20263,179
Sep 20263,350
Median annual rent per sq ft (AED), by month
175200225250Oct 2024Oct 2025Oct 2026 234Oct 2024: AED 243 per sq ft / yearNov 2024: AED 224 per sq ft / yearDec 2024: AED 227 per sq ft / yearJan 2025: AED 229 per sq ft / yearFeb 2025: AED 232 per sq ft / yearMar 2025: AED 249 per sq ft / yearApr 2025: AED 225 per sq ft / yearMay 2025: AED 219 per sq ft / yearJun 2025: AED 214 per sq ft / yearJul 2025: AED 210 per sq ft / yearAug 2025: AED 210 per sq ft / yearSep 2025: AED 219 per sq ft / yearOct 2025: AED 233 per sq ft / yearNov 2025: AED 233 per sq ft / yearDec 2025: AED 227 per sq ft / yearJan 2026: AED 213 per sq ft / yearFeb 2026: AED 223 per sq ft / yearMar 2026: AED 243 per sq ft / yearApr 2026: AED 212 per sq ft / yearMay 2026: AED 188 per sq ft / yearJun 2026: AED 177 per sq ft / yearJul 2026: AED 187 per sq ft / yearAug 2026: AED 190 per sq ft / yearSep 2026: AED 182 per sq ft / yearOct 2026: AED 234 per sq ft / year
Show as table
MonthAED per sq ft / year
Oct 2024243
Nov 2024224
Dec 2024227
Jan 2025229
Feb 2025232
Mar 2025249
Apr 2025225
May 2025219
Jun 2025214
Jul 2025210
Aug 2025210
Sep 2025219
Oct 2025233
Nov 2025233
Dec 2025227
Jan 2026213
Feb 2026223
Mar 2026243
Apr 2026212
May 2026188
Jun 2026177
Jul 2026187
Aug 2026190
Sep 2026182
Oct 2026234

More in Downtown Dubai

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Quick answers

What is the rental yield in THE ADDRESS DUBAI OPERA?

The median gross rental yield for a 2-bed apartment in THE ADDRESS DUBAI OPERA, Downtown Dubai is 5.9%, based on DLD records for the 24 months to 5 October 2026.

How much does a 2-bed apartment in THE ADDRESS DUBAI OPERA cost?

The median sale price was AED 4.27M (AED 3,468 per sq ft) in the 24 months to 5 October 2026.