407, Forte Tower 1
Sold prices and rental history: sold 3 times, last in July 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Forte Tower 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 10 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,094 sqft
- Floor
- 4th of 71
- Parking
- L2-400
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 21,300 /yr
- Last sold
- AED 2.83M · July 2023
- Building
- Forte Tower 1
About 407, Forte Tower 1
407 is a two-bedroom apartment of 1,094 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 12 July 2023 for AED 2,830,000, or AED 2,585 per sqft, 18% above the AED 2,197 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 10 March 2025, is AED 170,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 21,300 a year.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 407 sits
All 301 2-beds →407 last sold in July 2023 at AED 2,585 per sqft, 18% above what two-beds in Forte Tower 1 were fetching at the time (AED 2,197). 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. 407's AED 170,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 1,089 sqft | 2,900,000 | 2,663 | ||
| 16 Oct 202616 October 2026 | 1,096 sqft | 2,700,000 | 2,462 | ||
| 1 Oct 20261 October 2026 | 1,108 sqft | 2,750,000 | 2,481 | ||
| 1 Oct 20261 October 2026 | 1,084 sqft | 2,650,000 | 2,444 |
Forte Tower 1
Building573 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%
Other units on the 4th floor
All 573 units in Forte Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,084 sqft | AED 2.04MAED 2,036,888 · Jun 2019June 2019 | 145,000 /yr | |
| 402 | 1-bed | 1,106 sqft | AED 2.67MAED 2,670,000 · Nov 2024November 2024 | 140,000 /yr | |
| 403 | 2-bed | 1,075 sqft | AED 2.85MAED 2,850,000 · Jan 2024January 2024 | 180,000 /yr | |
| 404 | 1-bed | 678 sqft | AED 1.22MAED 1,218,500 · Jun 2019June 2019 | 30,000 /yr | |
| 405 | 2-bed | 981 sqft | AED 1.8MAED 1,800,000 · Apr 2022April 2022 | ||
| 406 | 1-bed | 1,041 sqft | AED 2.14MAED 2,140,888 · Aug 2022August 2022 | 120,000 /yr |
407, Forte Tower 1 in numbers
- Sold 3 times: first on 19 November 2020 for AED 2,056,888, last on 12 July 2023 for AED 2,830,000 (AED 2,585 per sqft).
- Rented since March 2025 on 2 Ejari contracts, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 21,300 a year (AED 19.48 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 10 March 2025.
Questions about 407, Forte Tower 1
What did unit 407 last sell for?
AED 2,830,000 on 12 July 2023: AED 2,585 per sqft for 1,094 sqft. The unit has 3 registered sales; the first was AED 2,056,888 in November 2020.
What is the rent for unit 407?
AED 170,000 a year on the contract signed on 10 March 2025. The previous contract, from March 2025, was AED 170,000.
How big is unit 407?
1,094 sqft (101.6 sqm): a two-bedroom apartment on the 4th floor of a 71-storey tower completed in 2022.
What is unit 407 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 407, Forte Tower 1
Starts from the last sale price (AED 2.83M, 12 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,830,000
- Deposit, UAE resident (20%)
- AED 566,000
- Deposit, non-resident (40%)
- AED 1,132,000
- Monthly over 25 years at 3.7%
- AED 11,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →