Opera Grand
✓ Resale Available

Opera Grand

From AED 7.70M·Completed Dec 2021·20% down payment Payment
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AED 7.70M
Starting Price
Dec 2021
Handover
20% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Opera Grand is a luxury 70-storey residential building created by one of the largest developers in Dubai — Emaar Properties. It is located in the heart of the business and commercial center of the city — Downtown Dubai. This place is famous for its excellent infrastructure and favorable location. The design of the building combines modern construction techniques with traditional Arabic style features. The complex offers its residents luxury apartments with 1-5 bedrooms, as well as townhouses with five bedrooms at podium level. Residents of Opera Grand have access to various amenities such as a swimming pool, spa, gym, restaurants, cafes and more. This ensures comfort and enjoyment throughout their stay. The central location allows residents easy access to stores, restaurants, entertainment venues, and other amenities. In close proximity are the opera house, artificial water bodies, parks and greenery that make the surrounding area an exquisite and picturesque place to live. The famous Dubai Mall is just a 5-minute drive away and Jumeirah Beach can be reached in 15 minutes.

Project Specifications
DeveloperEmaar Properties
LocationDowntown Dubai
Unit Types2 BR, Apartments
AreaDowntown Dubai
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 332,207 / year
Cash-on-Cash
1.8%
Levered cashflow AED 78,144
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 500,428 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Opera Grand launch basis8,554AED 7.70MCurrent launch / asking basis
Downtown Dubai ready-stock comps2,400AED 2.16MIndicative resale benchmark
Downtown Dubai premium peer launches2,900AED 2.61MNew-launch peer set
Trophy alternative proxy3,600AED 3.24MHigher-end anchor for negotiation context

Gallery

Opera Grand — View 2
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Opera Grand official render 1

Opera Grand official render 1

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Opera Grand official render 9

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Opera Grand official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Opera Grand — 1 Bedroom Floor Plan

Amenities & Lifestyle

Dining outlets (coffee houses & restaurants)
Fountain
Kids Club
Kids Play Area
Landscape Open Areas
Leisure areas
Lift
Lobby
Lounge
Park Access
Recreational areas
Retail outlets
Rooftop Pool
Security and CCTV
Shared gym & fitness
Sitting Area
Social zone
Walking paths

Location

Downtown Dubai

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Downtown DubaiDowntown DubaiDubai, UAE

Developer Track Record

01

Opera Grand by Emaar Properties

02

Located in Downtown Dubai

03

Starting from AED 7,698,888

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Dec 2021

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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