Dubai Land Department Off-Plan Register

The Address Residences Dubai Opera T2 Launch Prices

Off-plan in Downtown Dubai · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

483 developer launch sales registered at The Address Residences Dubai Opera T2 between Jul 2016 and Apr 2023: 100% apartments, most commonly 2-bed units, typically around 1,239 sqft.

Launch sales
483
DLD off-plan registrations, all time
Median launch /sqft
AED 2,842
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 850,00039,385,499
Min – max registered

Bed mix: 1-bed 20% · 2-bed 49% · 3-bed 29% · 4+-bed 1%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at The Address Residences Dubai Opera T2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2016 Q3185AED 2,828
2017 Q178AED 2,723
2017 Q28AED 2,679
2017 Q39AED 2,704
2018 Q14AED 2,888
2018 Q21AED 1,674
2018 Q35AED 3,163
2018 Q42AED 2,312
2019 Q110AED 3,082
2019 Q23AED 3,398
2019 Q33AED 3,107
2019 Q42AED 2,433
2020 Q17AED 2,619
2020 Q33AED 3,135
2020 Q49AED 2,821
2021 Q16AED 2,524
2021 Q218AED 2,842
2021 Q310AED 3,006
2021 Q431AED 2,984
2022 Q124AED 3,217
2022 Q214AED 3,301
2022 Q311AED 2,917
2022 Q417AED 3,175
2023 Q119AED 3,108
2023 Q24AED 3,258
Two different markets

Launch vs Resale

The Address Residences Dubai Opera T2 also has 131 ready-market resales registered with the DLD, the first on 23 June 2023 - 83 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
131
78 in the last 2 years
Resale median /sqft
AED 3,757
last 2 years
Resale vs launch
+32%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Address Residences Dubai Opera T2 →

The latest launch sales

Recent Launch Registrations

Apartment · 3 Bed
1,563 sqft · 27 April 2023
AED 5,900,000
AED 3,774 /sqft
Apartment · 2 Bed
1,189 sqft · 10 April 2023
AED 3,300,000
AED 2,775 /sqft
Apartment · 3 Bed
1,563 sqft · 7 April 2023
AED 5,850,000
AED 3,742 /sqft
Apartment · 2 Bed
1,260 sqft · 4 April 2023
AED 3,230,000
AED 2,564 /sqft
Apartment · 1 Bed
797 sqft · 27 March 2023
AED 2,600,000
AED 3,262 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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