Opera Grand

Opera Grand by Emaar Properties, UAE’s leading real estate developer, is a 71-storey skyscraper with a contemporary design and 288m height. Khatib & Alami acts as a design and architectural consultant for the complex. The complex is still under construction, which began in 2015, and is located in the central Dubai Opera district, Downtown Dubai.

Opera Grand features a collection of 200 properties: two-, three- and four-bedroom luxury apartments. The stylish interiors of the residences will satisfy the needs of residents with the most refined taste. All residences have a comfortable layout, the walls and tiles are a cream color, and the kitchens are equipped with stone countertops and modern decorative elements. The large balconies in most of the apartments have a view of the skyscraper Burj Khalifa and the Dubai Fountains. The minimum living area of two-bedroom apartments in Opera Grand is 68 square meters (731 square feet), and the cost of housing starts from 1,800,000 AED (490,000 USD).

The Downtown Dubai area is growing rapidly, new tourist and commercial activity is emerging, and houses for sale in The Opera District are becoming an exclusive place to live and enjoy culture and the arts. The Central District of Dubai is increasingly being targeted by tenants and major investors.

The return on investment in real estate in the city center is increasing with the development of infrastructure and the emergence of new entertainment and cultural facilities. The average cost of a two-bedroom apartment in the Opera Grand development is AED 2,000,000 (USD 545,000), and the average annual rent for this type of housing in this area is about AED 130,000 (USD 35,400). Accordingly, the return on investment in this type of property can reach 5.25%.