Opera Grand — sale prices & transaction history

Opera Grand sale prices by bedroom

Median recorded prices for Opera Grand by bedroom count. Each row is priced on the last 4 months wherever that period holds enough sales, and steps back only as far as it has to — 12 months, then 3 years, then the whole record. The period each row actually covers is named beside it, with the number of sales behind it, so you can see exactly how thin or deep the figure you are reading is. Every row also shows what has traded in the last 4 months, including when that is nothing — set against the full record of 450 recorded transactions. These are the prices buyers actually paid — not asking prices, and not a district average.

A bedroom type with fewer than five recorded transactions keeps its count and loses its median: below that sample a middle value is arithmetic, not a market rate. A median taken across the whole register mixes prices from every year the building has traded, so each row above is priced on the most recent period that clears that threshold. Rows can sum to less than the building total — very large units are held out of the table for the same reason.

Most recent Opera Grand transactions

The newest individual recorded transactions on the register, exactly as recorded. A median is a claim we vouch for; these are facts you can check against the Land Department yourself.

Why below-market resale shows up in Opera Grand

• Large-unit illiquidity. The bigger layouts here have far fewer buyers than a one-bedroom tower does, and an owner who needs a definite completion date rather than the best possible price will price accordingly.
• Downtown holding costs. Service charges in the district are among the higher ones in Dubai per square foot, they are charged by floor area, and on apartments this size that is a substantial annual figure whether the unit is let or empty.
• A second-home register. Much of this stock is owned by people who do not live in it full time, so sales follow a change in the owner's circumstances rather than anything happening in the Dubai market.
• Mortgage exposure. Apartments bought with finance near a price peak tend to be among the first to reach the market when a repayment schedule stops working.

What to check before you offer on Opera Grand

• Compare against other large-apartment buildings rather than a Downtown average. The district's average is built mostly from smaller stock than anything in this tower.
• Read the sale count beside the one-bedroom row before leaning on it. That tier is rare here, and its figure rests on far less evidence than the rows above it.
• Ask for the current service charge per square foot and the last two years of it. In Dubai it is set per building and reviewed annually, and a rise of a dirham or two per square foot moves a mid-size flat's running cost by thousands a year.
• Ask which register the unit sits on. A completed home changes hands on the secondary register at the Land Department; a pre-handover unit is an assignment of the original sale contract, needs the developer's no-objection certificate, and carries whatever is left of the payment plan.

Opera Grand — common questions

Why are there so few one-bedroom sales?

Because the building holds few of them. Its register is dominated by two, three and four-bedroom apartments, which is unusual for Downtown Dubai and is the main reason a district-wide figure does not describe this tower.

Is the price data on this page asking prices or actual sales?

Actual sales. Every figure comes from the Dubai Land Department's record of completed transactions — the price recorded when ownership legally changed hands.

Why can rows in this table cover different periods?

Because each row is priced on the most recent period that holds enough of its own sales: the last four months first, then the last twelve months, the last three years or the whole record. Each row names the period it uses, and a row whose sales are too few even over the whole record keeps its count but shows no price.

Can I tell from this data whether a unit is selling below its original price?

No. The Land Department records a developer's first sale and a pre-handover resale under the same code, and the export carries no unit identifier, so an original price cannot be traced to a later sale of the same apartment.

How current is this register?

The page states the date of the most recent recorded sale it holds and recomputes every figure on load. Records arrive in batches, so the newest few days are typically not yet included.