Opera Grand — project image
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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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 332,207 / year
Cash-on-Cash
2.2%
Levered cashflow AED 78,144
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 3.54M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Opera Grand — View 2
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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

20% down payment

Published payment summary

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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

Downtown Dubai

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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