3-bed · 1,645 sqftForte Tower 1, Downtown Dubai · 40th floor · completed 2022

4008, Forte Tower 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4008 · DLD and Ejari recordsUpdated 25 May 2024
Last soldAED 4.4M11 August 2015
Current rentAED 330K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4008, Forte Tower 1

What is 4008 worth today?

Last sold for AED 4,402,888 in 2015

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25 May 2024RentedNew contract
AED 330,000/yr24 months · AED 200 per sqft
11 Aug 2015Sold by developerOff-plan
AED 4,402,888AED 2,716 per sqft

Source: Dubai Land Department. Updated 25 May 2024.

Key facts

Type
3-bed apartment
Size
1,645 sqft
Floor
40th of 71
Parking
2
Developer
Emaar
Completed
2022
Service charge
AED 32,000 /yr
Last sold
AED 4.4M · August 2015

About 4008, Forte Tower 1

4008 is a three-bedroom apartment of 1,645 sqft on the 40th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 11 August 2015 for AED 4,402,888, or AED 2,716 per sqft, 3% above the AED 2,635 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 May 2024. The current contract, signed on 25 May 2024, is AED 330,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 32,000 a year.

Sales and rents for 4008 over time

Sales
Unit 4008, each saleTypical three-bed in Forte Tower 1
4M4.5M5M20152018202120242027Typical sale price by year: 2015 AED 4,285,888; 2016 AED 4,503,888; 2017 AED 4,160,388; 2019 AED 4,515,888; 2020 AED 4,329,444; 2021 AED 4,458,499; 2022 AED 4,336,099; 2023 AED 4,166,907; 2024 AED 4,800,000; 2025 AED 5,200,000; 2026 AED 4,975,000Sold by developer, August 2015: AED 4,402,888 (AED 2,716 per sqft)

4008 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4008, each contractTypical three-bed in Forte Tower 1
250K300K2024202520262027Typical rent by year: 2024 AED 252,500; 2025 AED 260,000; 2026 AED 240,000New contract, May 2024: AED 330,000 a year

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

3-beds in Forte Tower 1, and where 4008 sits

All 232 3-beds →

4008 last sold in August 2015 at AED 2,716 per sqft, 3% above what three-beds in Forte Tower 1 were fetching at the time (AED 2,635). Over the last 12 months three-beds sold for AED 3,497,620 to 5,500,000, around AED 3,006 per sqft, and rent for AED 180,000 to 450,000 a year. 4008's AED 330,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20264,585,500
1 Oct 20264,900,000
9 Sep 20265,300,000
1 Sep 20265,100,000
13 3-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 40th floor

All 573 units in Forte Tower 1
Value
40012-bedAED 2.38M · Sep 2021
40022-bedAED 2.27M · Mar 2020
40032-bedAED 2.48M · Oct 2021
40042-bedAED 2.32M · Sep 2015
40052-bedAED 3.03M · Jun 2025
40063-bedAED 5.25M · Feb 2025
40073-bedAED 4.13M · Jan 2023
1–7 of 8

4008, Forte Tower 1 in numbers

  • Sold once: by Emaar on 11 August 2015 for AED 4,402,888, or AED 2,716 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 32,000 a year (AED 19.48 per sqft).
  • Three-beds in Forte Tower 1 sold for AED 3,497,620–5,500,000 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 25 May 2024.

Questions about 4008, Forte Tower 1

What did unit 4008 last sell for?

AED 4,402,888 on 11 August 2015, sold by the developer: AED 2,716 per sqft for 1,645 sqft. It is the only registered sale of the unit.

What is the rent for unit 4008?

AED 330,000 a year on the contract signed on 25 May 2024.

How big is unit 4008?

1,645 sqft (152.8 sqm): a three-bedroom apartment on the 40th floor of a 71-storey tower completed in 2022.

What is unit 4008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Forte Tower 1 sold for AED 3,497,620 to 5,500,000 in the last 12 months, around AED 3,006 per sqft.

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Mortgage on 4008, Forte Tower 1

Starts from the last sale price (AED 4.4M, 11 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,402,888
Deposit, UAE resident (20%)
AED 880,578
Deposit, non-resident (40%)
AED 1,761,155
Monthly over 25 years at 3.7%
AED 18,014

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