1-bed · 741 sqftOpera Grand, Downtown Dubai · 45th floor · completed 2021

4505, Opera Grand

Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4505 · DLD and Ejari recordsUpdated 27 December 2023
Last soldAED 2.18M16 December 2018
Current rentAED 125K /yr27 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4505, Opera Grand

What is 4505 worth today?

Last sold for AED 2,184,888 in 2018

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27 Dec 2023RentedNew contract
AED 125,000/yr12 months · AED 168 per sqft
26 Nov 2022RentedNew contract
AED 115,000/yr12 months · AED 157 per sqft
16 Dec 2018Sold by developerOff-plan
AED 2,184,888AED 2,946 per sqft

Source: Dubai Land Department. Updated 27 December 2023.

Key facts

Type
1-bed apartment
Size
741 sqft
Floor
45th of 67
Parking
B3-41
Developer
Emaar
Completed
2021
Service charge
AED 17,100 /yr
Last sold
AED 2.18M · December 2018
Building
Opera Grand

About 4505, Opera Grand

4505 is a one-bedroom apartment of 741 sqft on the 45th floor of Opera Grand, a 67-storey tower in Downtown Dubai completed in 2021 by Emaar. The developer sold it on 16 December 2018 for AED 2,184,888, or AED 2,946 per sqft, in line with the AED 2,931 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 27 December 2023, is AED 125,000 a year: a gross yield of 5.7% on the 2018 price, before the service charge of about AED 17,100 a year.

Sales and rents for 4505 over time

Sales
Unit 4505, each saleTypical one-bed in Opera Grand
2.2M2.4M20182020202220242026Typical sale price by year: 2018 AED 2,171,888; 2019 AED 2,144,888; 2020 AED 2,155,888; 2022 AED 2,244,444; 2023 AED 2,161,000; 2024 AED 2,350,000; 2025 AED 2,400,000Sold by developer, December 2018: AED 2,184,888 (AED 2,946 per sqft)

4505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4505, each contractTypical one-bed in Opera Grand
120K140K20222023202420252026Typical rent by year: 2022 AED 115,000; 2023 AED 116,000; 2024 AED 123,000; 2025 AED 140,000New contract, November 2022: AED 115,000 a yearNew contract, December 2023: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Opera Grand, and where 4505 sits

All 28 1-beds →

4505 last sold in December 2018 at AED 2,946 per sqft, in line with what one-beds in Opera Grand were fetching at the time (AED 2,931). 4505's AED 125,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jun 20252,700,000
22 Apr 20252,400,000
11 Apr 20252,350,000
12 Dec 20242,360,000
0 1-bed sales in the last 12 months

Opera Grand

Building

293 apartments, 1-bed to 5-bed over 67 floors in Downtown Dubai, completed in 2021 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,944
Typical sale
AED 5.05M
Typical rent
AED 245K /yr
Typical yield
5.6%
Opera Grand, Downtown Dubai: prices, sales and rents →

Other units on the 45th floor

All 293 units in Opera Grand
Value
45012-bedAED 5.05M · Jun 2022
45024-bedAED 13.56M · Mar 2022
45033-bedAED 10.83M · Apr 2015
45042-bedAED 4.97M · Nov 2014

4505, Opera Grand in numbers

  • Sold once: by Emaar on 16 December 2018 for AED 2,184,888, or AED 2,946 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, from AED 115,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2018 price is 5.7%, before a service charge of about AED 17,100 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 27 December 2023.

Questions about 4505, Opera Grand

What did unit 4505 last sell for?

AED 2,184,888 on 16 December 2018, sold by the developer: AED 2,946 per sqft for 741 sqft. It is the only registered sale of the unit.

What is the rent for unit 4505?

AED 125,000 a year on the contract signed on 27 December 2023. The previous contract, from November 2022, was AED 115,000.

How big is unit 4505?

741 sqft (68.8 sqm): a one-bedroom apartment on the 45th floor of a 67-storey tower completed in 2021.

What is unit 4505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4505, Opera Grand

Starts from the last sale price (AED 2.18M, 16 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,184,888
Deposit, UAE resident (20%)
AED 436,978
Deposit, non-resident (40%)
AED 873,955
Monthly over 25 years at 3.7%
AED 8,939

Plus AED 96,776 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →