2-bed · 1,008 sqftForte Tower 1, Downtown Dubai · 46th floor · completed 2022

4605, Forte Tower 1

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

Unit 4605 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 2.06M8 December 2015
Current rentAED 155K /yr28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4605, Forte Tower 1

What is 4605 worth today?

Last sold for AED 2,059,888 in 2015

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28 Oct 2024RentedNew contract
AED 155,000/yr12 months · AED 154 per sqft
8 Dec 2015Sold by developerOff-plan
AED 2,059,888AED 2,043 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
2-bed apartment
Size
1,008 sqft
Floor
46th of 71
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 2.06M · December 2015

About 4605, Forte Tower 1

4605 is a two-bedroom apartment of 1,008 sqft on the 46th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 8 December 2015 for AED 2,059,888, or AED 2,043 per sqft, in line with the AED 1,989 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 October 2024. The current contract, signed on 28 October 2024, is AED 155,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 19,600 a year.

Sales and rents for 4605 over time

Sales
Unit 4605, 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, December 2015: AED 2,059,888 (AED 2,043 per sqft)

4605 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4605, each contractTypical two-bed in Forte Tower 1
155K160K165K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 165,000; 2026 AED 160,000New contract, October 2024: AED 155,000 a year

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 4605 sits

All 301 2-beds →

4605 last sold in December 2015 at AED 2,043 per sqft, in line with what two-beds in Forte Tower 1 were fetching at the time (AED 1,989). 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. 4605's AED 155,000 is in the lower half of that range.

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 46th floor

All 573 units in Forte Tower 1
Value
46012-bedAED 2.29M · Jan 2016
46022-bedAED 2.22M · Apr 2016
46032-bedAED 2.45M · Jul 2023
46042-bedAED 2.34M · Jan 2016
46063-bedAED 4.39M · Mar 2016
46073-bedAED 4.69M · Jan 2017
46083-bedAED 4.9M · Mar 2024
1–7 of 8

4605, Forte Tower 1 in numbers

  • Sold once: by Emaar on 8 December 2015 for AED 2,059,888, or AED 2,043 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 19,600 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 28 October 2024.

Questions about 4605, Forte Tower 1

What did unit 4605 last sell for?

AED 2,059,888 on 8 December 2015, sold by the developer: AED 2,043 per sqft for 1,008 sqft. It is the only registered sale of the unit.

What is the rent for unit 4605?

AED 155,000 a year on the contract signed on 28 October 2024.

How big is unit 4605?

1,008 sqft (93.6 sqm): a two-bedroom apartment on the 46th floor of a 71-storey tower completed in 2022.

What is unit 4605 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 4605, Forte Tower 1

Starts from the last sale price (AED 2.06M, 8 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,059,888
Deposit, UAE resident (20%)
AED 411,978
Deposit, non-resident (40%)
AED 823,955
Monthly over 25 years at 3.7%
AED 8,428

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