Property Overview
This 2-bedroom apartment in The Address Residences Dubai Opera, Downtown Dubai, is available at AED 4,100,000. The unit offers 1,240 sq ft on the top floor with full sea view. It is vacant and available for immediate transfer. The agent describes this as a super sell, indicating a motivated seller.
Property Highlights
- Type: 2-bedroom apartment in branded residence
- Size: 1,240 sq ft
- Floor: top floor
- View: full sea view
- Asking price: AED 4,100,000
- Rate: AED 3,306 per sq ft
- Condition: vacant
- Building: The Address Residences Dubai Opera by Emaar
- Status: ready (completed March 2023)
- Services: five-star concierge, housekeeping, valet parking, spa, pool, restaurant
- Ownership: freehold
Pricing Analysis
The agent did not disclose an original purchase price. The pricing is assessed against DLD transaction data and comparable listings.
DLD Transaction Context
Property Finder records 43 DLD-registered 2BR transactions in The Address Residences Dubai Opera. Recent transactions from August and September 2026 show two distinct price bands:
Standard-view 2BR transactions (AED 2,975 to AED 3,366 per sq ft):
- 22 September 2026: Tower 1, 1,188 sqft, AED 4,000,000 (AED 3,366 per sq ft)
- 17 September 2026: Tower 1, 1,197 sqft, AED 4,000,000 (AED 3,341 per sq ft)
- 17 September 2026: Tower 1, 1,258 sqft, AED 4,000,000 (AED 3,179 per sq ft)
- 16 September 2026: Tower 1, 1,236 sqft, AED 4,150,000 (AED 3,359 per sq ft)
- 15 September 2026: Tower 2, 1,255 sqft, AED 3,875,000 (AED 3,088 per sq ft)
- 12 August 2026: Tower 1, 1,188 sqft, AED 3,900,000 (AED 3,282 per sq ft)
Premium Burj Khalifa and fountain-view 2BR transactions (AED 4,149 to AED 5,099 per sq ft):
- 11 September 2026: Tower 1, 1,196 sqft, AED 6,100,000 (AED 5,099 per sq ft)
- 13 August 2026: Tower 2, 1,229 sqft, AED 5,100,000 (AED 4,149 per sq ft)
The agent's rate of AED 3,306 per sq ft falls within the standard-view transaction range. However, the unit offers a full sea view from the top floor, which could warrant a premium that is not reflected in the asking price.
Comparable Listings
A directly comparable 2BR sea-view unit in Tower 1 was listed on Dubizzle at AED 4,300,000 for 1,252 sqft (AED 3,434 per sq ft). That listing is on a high floor (not top floor), fully furnished and vacant. The agent's unit at AED 4,100,000 is AED 200,000 (4.7%) below this comparable sea-view listing despite being on a higher floor.
A 2BR in Tower 2 with partial sea and landmark views was listed on FAM Properties at AED 4,100,000 for 1,264 sqft (AED 3,243 per sq ft), mid-floor, fully furnished. The agent's unit is the same price but offers a higher floor and full (not partial) sea view for a slightly smaller area.
Another 2BR in Tower 2 with opera and waterfront views was listed on Property Finder at AED 4,389,990 for 1,264 sqft (AED 3,473 per sq ft), high floor, fully furnished. The agent's price is AED 289,990 (6.6%) below this listing.
Pricing Assessment
The asking price of AED 4,100,000 appears competitively positioned for a top-floor, full sea-view unit. It is AED 200,000 below a comparable sea-view listing on a lower floor and within the standard-view DLD transaction range, suggesting the sea-view premium is not fully priced in. The super sell characterization from the agent aligns with the competitive pricing.
Full Sea View from the Top Floor
The agent states the unit has a full sea view from the top floor. The Address Residences Dubai Opera comprises two towers: Tower 1 at 65 floors (260 metres) and Tower 2 at 55 floors (230 metres). A top-floor position in either tower offers among the highest residential vantage points in Downtown Dubai.
The sea view from Downtown Dubai faces towards the Arabian Gulf, looking past the coastline towards the open water. From the top floor, the view would be largely unobstructed, potentially stretching to the World Islands and beyond. The direction of the sea view (northwest towards JBR and Palm Jumeirah, or west towards the coast) should be confirmed on site.
Sea-view units at The Address Residences Dubai Opera are less common than the Burj Khalifa and fountain-facing units that the building is primarily marketed for. The sea-facing orientation commands less of a premium than the Burj view (where DLD transactions reach AED 5,099 per sq ft) but offers a distinctive outlook that sets it apart from the majority of Downtown inventory.
Branded Residence and Hotel Services
The Address Residences Dubai Opera is a branded residence under the Address Hotels + Resorts brand, part of Emaar Hospitality Group. This is not just a residential tower with amenities; it is a hotel-branded development where apartment owners receive hotel-grade services.
Services available to residents include:
- Five-star concierge and reception
- Housekeeping services
- Valet parking
- Spa and wellness centre
- Infinity swimming pool
- Fully equipped fitness centre
- Kids club
- Restaurant and dining facilities
- Retail area
- 24/7 security with CCTV
Branded residence status typically comes with higher service charges compared to standard residential buildings. However, it also supports higher rental rates and stronger occupancy, particularly for short-term and holiday lets. Address-branded properties in Downtown Dubai are among the most recognized in the city's luxury residential market.
Motivated Seller
The agent describes this as a super sell, suggesting a seller who is motivated to close quickly. While super sell is sales language and its underlying circumstances are not disclosed, the pricing supports the characterization: the asking price is below comparable sea-view listings and at the lower end of recent DLD 2BR transactions, despite occupying a premium top-floor, sea-view position.
Possible motivations could include financial urgency, portfolio rebalancing, or relocation. The agent did not disclose the original purchase price, so the extent of any financial loss to the seller cannot be quantified. Buyers may find the motivated-seller positioning creates room for further negotiation.
About The Address Residences Dubai Opera
The Address Residences Dubai Opera is a twin-tower development by Emaar Properties in the Dubai Opera District of Downtown Dubai. The two towers are connected at the podium and feature a distinctive naval-inspired design resembling ship sails, with thin floor plates that slide across each other in a honeycomb pattern.
Building specifications:
- Developer: Emaar Properties
- Tower 1: 65 floors, 260 metres, primarily residential
- Tower 2: 55 floors, 230 metres, hotel and serviced apartments
- Completion: March 2023
- Status: sold out at developer level
- Unit types: 1 to 5 bedrooms plus penthouses
- 2BR size range: 1,179 to 1,655 sq ft
- Furnishing: fully furnished (branded specification)
- Parking: 616 covered spaces, 8 elevators
- Launch payment plan: 15% down, 45% construction, 20% handover, 20% post-handover
- Ownership: freehold
The project recorded 43 DLD 2BR transactions with prices ranging from AED 3,520,000 to AED 6,100,000. The average price per sq ft across all units is approximately AED 3,500. Property Finder reports 128 resale listings currently available in the building.
Location and Connectivity
The Address Residences Dubai Opera is located in the Dubai Opera District within Downtown Dubai, adjacent to the Dubai Opera House.
- Dubai Opera: adjacent (within walking distance)
- Burj Khalifa: approximately 150 metres
- Dubai Fountain: within walking distance
- Dubai Mall: within walking distance
- Mohammed Bin Rashid Boulevard: adjacent
- Dubai Metro (Burj Khalifa Station): within walking distance
- DIFC: approximately 5 minutes
- Dubai International Airport: approximately 15 minutes
- Dubai Marina: approximately 15 minutes
- Mall of the Emirates: approximately 15 minutes
Downtown Dubai recorded year-on-year price appreciation of approximately 17% with average rental yields of 5% to 5.6%. The area is one of the most established and liquid residential markets in Dubai.
Verification Notes
Unit-specific facts including 2-bedroom configuration, 1,240 sq ft, top floor, full sea view, vacant status, asking price of AED 4,100,000 and super sell characterization are sourced from the agent's brief received on 2 October 2026. The original purchase price was not disclosed. The agent did not specify which tower (Tower 1 at 65 floors or Tower 2 at 55 floors) the unit is in. The number of bathrooms was not stated; comparable 2BR units have 2 to 3 bathrooms. The furnishing status was not stated but Address Residences units are typically delivered fully furnished. The 1,240 sq ft falls within the 2BR range of 1,179 to 1,655 sq ft. A comparable 2BR sea-view listing in Tower 1 on Dubizzle was at AED 4,300,000 for 1,252 sqft (AED 3,434 per sq ft), making the agent's asking price AED 200,000 (4.7%) lower. DLD 2BR transactions range from AED 3,520,000 to AED 6,100,000, with standard-view units at AED 2,975 to AED 3,366 per sq ft and Burj view units at AED 4,149 to AED 5,099 per sq ft. The super sell language is the agent's characterization and its underlying circumstances are not disclosed. Unit number, exact floor, view orientation and parking allocation were not stated.
