2-bed · 1,108 sqftForte Tower 1, Downtown Dubai · 15th floor · completed 2022

1503, Forte Tower 1

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 14 June 2024
Last soldAED 2.55M14 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Forte Tower 1

What is 1503 worth today?

Last sold for AED 2,550,000 in 2024

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14 Jun 2024SoldReady
AED 2,550,000AED 2,300 per sqft
19 Oct 2015Sold by developerOff-plan
AED 2,131,888AED 1,923 per sqft

Source: Dubai Land Department. Updated 14 June 2024.

Key facts

Type
2-bed apartment
Size
1,108 sqft
Floor
15th of 71
Parking
B5-140
Developer
Emaar
Completed
2022
Service charge
AED 21,600 /yr
Last sold
AED 2.55M · June 2024

About 1503, Forte Tower 1

1503 is a two-bedroom apartment of 1,108 sqft on the 15th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 14 June 2024 for AED 2,550,000, or AED 2,300 per sqft, 7% below the AED 2,467 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Forte Tower 1
2M3M20152018202120242027Typical sale price by year: 2015 AED 2,178,888; 2016 AED 2,251,388; 2017 AED 2,295,888; 2018 AED 2,306,888; 2019 AED 2,109,344; 2020 AED 1,864,888; 2021 AED 2,300,000; 2022 AED 2,339,388; 2023 AED 2,490,000; 2024 AED 2,800,000; 2025 AED 3,000,000; 2026 AED 2,950,000Sold by developer, October 2015: AED 2,131,888 (AED 1,923 per sqft)Sold, June 2024: AED 2,550,000 (AED 2,300 per sqft)

1503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Forte Tower 1
160K163K165K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 165,000; 2026 AED 160,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Forte Tower 1, and where 1503 sits

All 301 2-beds →

1503 last sold in June 2024 at AED 2,300 per sqft, 7% below what two-beds in Forte Tower 1 were fetching at the time (AED 2,467). Over the last 12 months two-beds sold for AED 2,450,000 to 3,350,000, around AED 2,739 per sqft, and rent for AED 80,000 to 250,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20262,900,000
16 Oct 20262,700,000
1 Oct 20262,750,000
1 Oct 20262,650,000
23 2-bed sales in the last 12 months

Forte Tower 1

Building

573 apartments, 1-bed to 4-bed over 71 floors in Downtown Dubai, completed in 2022 by Emaar. 36 sold in the last 12 months.

Typical price per sqft
AED 2,812 Down 4.6%
Typical sale
AED 3.18M
Typical rent
AED 175K /yr
Typical yield
5.2%
Forte Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 573 units in Forte Tower 1
Value
15012-bedAED 2.16M · Aug 2015
15022-bedAED 1.85M · Jun 2022
15042-bedAED 3.28M · Oct 2025
15052-bedAED 1.94M · Aug 2015
15063-bedAED 4.45M · Feb 2024
15073-bedAED 4.75M · Apr 2024
15083-bedAED 3.99M · Mar 2016
1–7 of 8

1503, Forte Tower 1 in numbers

  • Sold twice: first on 19 October 2015 for AED 2,131,888, last on 14 June 2024 for AED 2,550,000 (AED 2,300 per sqft).
  • Two-beds in Forte Tower 1 sold for AED 2,450,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,812 per sqft.

Source: Dubai Land Department. Updated 14 June 2024.

Questions about 1503, Forte Tower 1

What did unit 1503 last sell for?

AED 2,550,000 on 14 June 2024: AED 2,300 per sqft for 1,108 sqft. The unit has 2 registered sales; the first was AED 2,131,888 in October 2015.

How big is unit 1503?

1,108 sqft (102.9 sqm): a two-bedroom apartment on the 15th floor of a 71-storey tower completed in 2022.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Forte Tower 1 sold for AED 2,450,000 to 3,350,000 in the last 12 months, around AED 2,739 per sqft.

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Mortgage on 1503, Forte Tower 1

Starts from the last sale price (AED 2.55M, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →