3-bed · 1,568 sqftForte Tower 1, Downtown Dubai · 43rd floor · completed 2022

4306, Forte Tower 1

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

Unit 4306 · DLD and Ejari recordsUpdated 31 August 2024
Last soldAED 4.75M24 May 2024
Current rentAED 275K /yr31 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4306, Forte Tower 1

What is 4306 worth today?

Last sold for AED 4,750,000 in 2024

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31 Aug 2024RentedNew contract
AED 275,000/yr24 months · AED 175 per sqft
24 May 2024SoldReady
AED 4,750,000AED 3,029 per sqft
14 Sep 2015Sold by developerOff-plan
AED 4,365,888AED 2,808 per sqft

Source: Dubai Land Department. Updated 31 August 2024.

Key facts

Type
3-bed apartment
Size
1,568 sqft
Floor
43rd of 71
Parking
B5-176, B5-177
Developer
Emaar
Completed
2022
Service charge
AED 30,500 /yr
Last sold
AED 4.75M · May 2024

About 4306, Forte Tower 1

4306 is a three-bedroom apartment of 1,568 sqft on the 43rd floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 24 May 2024 for AED 4,750,000, or AED 3,029 per sqft, 7% above the AED 2,831 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 August 2024. The current contract, signed on 31 August 2024, is AED 275,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 30,500 a year.

Sales and rents for 4306 over time

Sales
Unit 4306, 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, September 2015: AED 4,365,888 (AED 2,808 per sqft)Sold, May 2024: AED 4,750,000 (AED 3,029 per sqft)

4306 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4306, each contractTypical three-bed in Forte Tower 1
240K260K280K2024202520262027Typical rent by year: 2024 AED 252,500; 2025 AED 260,000; 2026 AED 240,000New contract, August 2024: AED 275,000 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 4306 sits

All 232 3-beds →

4306 last sold in May 2024 at AED 3,029 per sqft, 7% above what three-beds in Forte Tower 1 were fetching at the time (AED 2,831). 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. 4306's AED 275,000 is in the lower 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 43rd floor

All 573 units in Forte Tower 1
Value
43012-bedAED 2.27M · Sep 2015
43022-bedAED 2.21M · Oct 2015
43032-bedAED 2.25M · Oct 2015
43042-bedAED 2.33M · Oct 2015
43052-bedAED 2.75M · Sep 2026
43073-bedAED 4.15M · Dec 2022
43083-bedAED 3.94M · Dec 2022
1–7 of 8

4306, Forte Tower 1 in numbers

  • Sold twice: first on 14 September 2015 for AED 4,365,888, last on 24 May 2024 for AED 4,750,000 (AED 3,029 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 30,500 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 31 August 2024.

Questions about 4306, Forte Tower 1

What did unit 4306 last sell for?

AED 4,750,000 on 24 May 2024: AED 3,029 per sqft for 1,568 sqft. The unit has 2 registered sales; the first was AED 4,365,888 in September 2015.

What is the rent for unit 4306?

AED 275,000 a year on the contract signed on 31 August 2024.

How big is unit 4306?

1,568 sqft (145.7 sqm): a three-bedroom apartment on the 43rd floor of a 71-storey tower completed in 2022.

What is unit 4306 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 4306, Forte Tower 1

Starts from the last sale price (AED 4.75M, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,750,000
Deposit, UAE resident (20%)
AED 950,000
Deposit, non-resident (40%)
AED 1,900,000
Monthly over 25 years at 3.7%
AED 19,434

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