Opera Grand
ReadyDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
10 years 7 months ago01-06-2015
Handover
4 years 1 month ago09-12-2021
Status
CompleteFinished
Project Description
Project is located in Burj Khalifa area, proposed to be 2 towers with common 4B+G+3P+ residential tower: 64 floors+R and retail tower: 1floor+3R, made of concrete structure with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-5%
DeclineCurrent:AED 2,871/sqft
Last 12M:AED 3,022/sqft
Momentum: Last 12Mvs Prior Year
Falling-7%
DeclineLast 12M:AED 3,022/sqft
Prior Year:AED 3,235/sqft
Community Compare: Last 90DDownTown Dubai
At Market+2%
Above AvgProject:AED 2,871/sqft
Community:AED 2,814/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
22Sold (Last 12M)
Supply & Demand Matrix
Opera Grand averaged 7% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
30 units
0 sold30 left
0%
Velocity
2 Bedrooms
149 units
17 sold132 left
11%
Velocity
3 Bedrooms
78 units
5 sold73 left
6%
Velocity
4 Bedrooms
30 units
0 sold30 left
0%
Velocity
5 Bedrooms
8 units
0 sold8 left
0%
Velocity
Shop
11 units
0 sold11 left
0%
Velocity
Layouts & Units (306)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 23 units | Type Flat | Beds 3 B/R | Size 2,040 sqft | Avg Price AED 7.7M | Last Price AED 8.0M | Last Sold 30 days ago | Sales 7 |
Units 72 units | Type Flat | Beds 2 B/R | Size 1,717 sqft | Avg Price AED 4.4M | Last Price AED 4.8M | Last Sold about 1 month ago | Sales 23 |
Units 14 units | Type Flat | Beds 3 B/R | Size 2,554 sqft | Avg Price AED 9.9M | Last Price AED 9.8M | Last Sold about 2 months ago | Sales 3 |
Units 23 units | Type Flat | Beds 3 B/R | Size 2,045 sqft | Avg Price AED 8.0M | Last Price AED 7.9M | Last Sold 4 months ago | Sales 4 |
Units 26 units | Type Flat | Beds 2 B/R | Size 1,675 sqft | Avg Price AED 4.5M | Last Price AED 4.7M | Last Sold 5 months ago | Sales 6 |
Units 14 units | Type Flat | Beds 2 B/R | Size 1,648 sqft | Avg Price AED 4.4M | Last Price AED 3.6M | Last Sold 5 months ago | Sales 4 |
Units 12 units | Type Flat | Beds 2 B/R | Size 1,639 sqft | Avg Price AED 6.5M | Last Price AED 7.0M | Last Sold 9 months ago | Sales 3 |
Units 6 units | Type Flat | Beds 1 B/R | Size 717 sqft | Avg Price AED 2.4M | Last Price AED 2.4M | Last Sold about 1 year ago | Sales 1 |
Units 12 units | Type Flat | Beds 4 B/R | Size 3,012 sqft | Avg Price AED 12.3M | Last Price AED 14.0M | Last Sold over 1 year ago | Sales 3 |
Units 12 units | Type Flat | Beds 3 B/R | Size 2,697 sqft | Avg Price AED 10.5M | Last Price AED 10.0M | Last Sold over 1 year ago | Sales 4 |
Units 24 units | Type Flat | Beds 1 B/R | Size 741 sqft | Avg Price AED 2.2M | Last Price AED 2.3M | Last Sold over 1 year ago | Sales 5 |
Units 10 units | Type Flat | Beds 2 B/R | Size 1,364 sqft | Avg Price AED 5.7M | Last Price AED 5.7M | Last Sold over 1 year ago | Sales 1 |
Units 2 units | Type Flat | Beds 5 B/R | Size 3,983 sqft | Avg Price AED 12.4M | Last Price AED 15.5M | Last Sold over 1 year ago | Sales 2 |
Units 14 units | Type Flat | Beds 2 B/R | Size 1,646 sqft | Avg Price AED 4.0M | Last Price AED 4.0M | Last Sold over 1 year ago | Sales 1 |
Units 6 units | Type Flat | Beds 3 B/R | Size 2,507 sqft | Avg Price AED 9.8M | Last Price AED 9.8M | Last Sold over 1 year ago | Sales 1 |
Units 12 units | Type Flat | Beds 4 B/R | Size 3,056 sqft | Avg Price AED 10.6M | Last Price AED 12.1M | Last Sold almost 2 years ago | Sales 2 |
Units 2 units | Type Flat | Beds 5 B/R | Size 4,472 sqft | Avg Price AED 11.1M | Last Price AED 11.1M | Last Sold over 2 years ago | Sales 1 |
Units P.GL.RT.08 | Type Shop | Beds — | Size 866 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units P.GL.RT.03 | Type Shop | Beds — | Size 899 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Shop | Beds — | Size 1,109 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Shop | Beds — | Size 1,208 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Shop | Beds — | Size 1,470 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units P.GL.RT.01 | Type Shop | Beds — | Size 1,919 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units P.GL.RT.10 | Type Shop | Beds — | Size 3,195 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units GL.RT.01 | Type Shop | Beds — | Size 12,862 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3003 | Type Flat | Beds 2 B/R | Size 1,491 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 4 B/R | Size 3,577 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 4 B/R | Size 3,891 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 6302 | Type Flat | Beds 4 B/R | Size 3,957 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 6301 | Type Flat | Beds 4 B/R | Size 4,272 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 5 B/R | Size 3,978 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 6701 | Type Flat | Beds 5 B/R | Size 6,593 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 6601 | Type Flat | Beds 5 B/R | Size 7,454 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
33 unique layouts covering 306 units