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Actual plus forecast price per sq ft

This report highlights the sales and rents dynamics, along with gross yields by unit type in the project, based on last year transactions (Q1 to Q3) recorded on Dubai Land Department data.

 

  • Actual
    Following 2024 sales transactions, the average price per square foot in the project is ranging by unit type, between 3,879 AED/Sqft for 1-bedroom in Tower 2 up to 5,104 AED/Sqft for 3-bedroom in Tower 1. Notably, a 4-bedroom apartment in tower 1 had a staggering average price per Sqft of 5,378 AED as it was sold back in April 2024 for 37.5 Mil AED.
  • Forecast
    The forecasted* average price per square foot, remains steady at around 3,786 AED, which suggests a stable market demand with moderate price fluctuations in this project.

 

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The Address Residences Dubai Opera Report

3,699.00AEDPrice
    • Project details and units composition
    • Sales transactions
    • Actual and Forecasted* average price per square foot
    • Rent contracts transactions
    • Gross Yields by unit type in the project
    • Sub-Market comparable
    • Service charges in the project
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