2-bed · 981 sqftForte Tower 1, Downtown Dubai · 4th floor · completed 2022

405, Forte Tower 1

Sold prices and rental history: sold twice, last in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 18 April 2022
Last soldAED 1.8M18 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Forte Tower 1

What is 405 worth today?

Last sold for AED 1,800,000 in 2022

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18 Apr 2022SoldOff-plan
AED 1,800,000AED 1,834 per sqft
30 Jul 2019Sold by developerOff-plan
AED 1,860,888AED 1,896 per sqft

Source: Dubai Land Department. Updated 18 April 2022.

Key facts

Type
2-bed apartment
Size
981 sqft
Floor
4th of 71
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 19,100 /yr
Last sold
AED 1.8M · April 2022

About 405, Forte Tower 1

405 is a two-bedroom apartment of 981 sqft on the 4th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 18 April 2022 for AED 1,800,000, or AED 1,834 per sqft, 14% below the AED 2,142 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, 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, July 2019: AED 1,860,888 (AED 1,896 per sqft)Sold, April 2022: AED 1,800,000 (AED 1,834 per sqft)

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

Rents
Unit 405, 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 405 sits

All 301 2-beds →

405 last sold in April 2022 at AED 1,834 per sqft, 14% below what two-beds in Forte Tower 1 were fetching at the time (AED 2,142). 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 4th floor

All 573 units in Forte Tower 1
Value
4012-bedAED 2.04M · Jun 2019
4021-bedAED 2.67M · Nov 2024
4032-bedAED 2.85M · Jan 2024
4041-bedAED 1.22M · Jun 2019
4061-bedAED 2.14M · Aug 2022
4072-bedAED 2.83M · Jul 2023

405, Forte Tower 1 in numbers

  • Sold twice: first on 30 July 2019 for AED 1,860,888, last on 18 April 2022 for AED 1,800,000 (AED 1,834 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 18 April 2022.

Questions about 405, Forte Tower 1

What did unit 405 last sell for?

AED 1,800,000 on 18 April 2022: AED 1,834 per sqft for 981 sqft. The unit has 2 registered sales; the first was AED 1,860,888 in July 2019.

How big is unit 405?

981 sqft (91.1 sqm): a two-bedroom apartment on the 4th floor of a 71-storey tower completed in 2022.

What is unit 405 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 405, Forte Tower 1

Starts from the last sale price (AED 1.8M, 18 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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