2-bed · 1,108 sqftForte Tower 1, Downtown Dubai · 47th floor · completed 2022

4703, Forte Tower 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4703 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 2.26M3 August 2015
Current rentAED 160K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4703, Forte Tower 1

What is 4703 worth today?

Last sold for AED 2,262,888 in 2015

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1 Jan 2025RentedRenewal
AED 160,000/yr12 months · AED 144 per sqft
3 Aug 2015Sold by developerOff-plan
AED 2,262,888AED 2,041 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
2-bed apartment
Size
1,108 sqft
Floor
47th of 71
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 21,600 /yr
Last sold
AED 2.26M · August 2015

About 4703, Forte Tower 1

4703 is a two-bedroom apartment of 1,108 sqft on the 47th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 3 August 2015 for AED 2,262,888, or AED 2,041 per sqft, 3% above the AED 1,981 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2025. The current contract, renewed on 1 January 2025, is AED 160,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 21,600 a year.

Sales and rents for 4703 over time

Sales
Unit 4703, 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, August 2015: AED 2,262,888 (AED 2,041 per sqft)

4703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4703, each contractTypical two-bed in Forte Tower 1
160K163K165K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 165,000; 2026 AED 160,000Renewal, January 2025: AED 160,000 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 4703 sits

All 301 2-beds →

4703 last sold in August 2015 at AED 2,041 per sqft, 3% above what two-beds in Forte Tower 1 were fetching at the time (AED 1,981). 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. 4703's AED 160,000 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 47th floor

All 573 units in Forte Tower 1
Value
47012-bedAED 3.15M · Jan 2023
47022-bedAED 1.6M · Jan 2021
47042-bedAED 2.34M · Aug 2015
47052-bedAED 2.06M · Sep 2015
47063-bedAED 4.4M · Oct 2015
47073-bedAED 5.1M · Dec 2024
47083-bedAED 4.46M · Oct 2015
1–7 of 8

4703, Forte Tower 1 in numbers

  • Sold once: by Emaar on 3 August 2015 for AED 2,262,888, or AED 2,041 per sqft.
  • Rented since January 2025 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 21,600 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 1 January 2025.

Questions about 4703, Forte Tower 1

What did unit 4703 last sell for?

AED 2,262,888 on 3 August 2015, sold by the developer: AED 2,041 per sqft for 1,108 sqft. It is the only registered sale of the unit.

What is the rent for unit 4703?

AED 160,000 a year on the contract renewed on 1 January 2025.

How big is unit 4703?

1,108 sqft (102.9 sqm): a two-bedroom apartment on the 47th floor of a 71-storey tower completed in 2022.

What is unit 4703 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 4703, Forte Tower 1

Starts from the last sale price (AED 2.26M, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,262,888
Deposit, UAE resident (20%)
AED 452,578
Deposit, non-resident (40%)
AED 905,155
Monthly over 25 years at 3.7%
AED 9,258

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