3-bed · 1,721 sqftForte Tower 1, Downtown Dubai · 48th floor · completed 2022

4807, Forte Tower 1

Sold prices and rental history: sold once, by the developer in April 2019, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4807 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 4.52M3 April 2019
Current rentAED 260K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4807, Forte Tower 1

What is 4807 worth today?

Last sold for AED 4,515,733 in 2019

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1 Oct 2024RentedNew contract
AED 260,000/yr24 months · AED 151 per sqft
3 Apr 2019Sold by developerOff-plan
AED 4,515,733AED 2,623 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
3-bed apartment
Size
1,721 sqft
Floor
48th of 71
Parking
2
Developer
Emaar
Completed
2022
Service charge
AED 33,500 /yr
Last sold
AED 4.52M · April 2019

About 4807, Forte Tower 1

4807 is a three-bedroom apartment of 1,721 sqft on the 48th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 3 April 2019 for AED 4,515,733, or AED 2,623 per sqft, in line with the AED 2,623 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 260,000 a year: a gross yield of 5.8% on the 2019 price, before the service charge of about AED 33,500 a year.

Sales and rents for 4807 over time

Sales
Unit 4807, 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, April 2019: AED 4,515,733 (AED 2,623 per sqft)

4807 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4807, each contractTypical three-bed in Forte Tower 1
240K250K260K2024202520262027Typical rent by year: 2024 AED 252,500; 2025 AED 260,000; 2026 AED 240,000New contract, October 2024: AED 260,000 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 4807 sits

All 232 3-beds →

4807 last sold in April 2019 at AED 2,623 per sqft, in line with what three-beds in Forte Tower 1 were fetching at the time (AED 2,623). 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. 4807's AED 260,000 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 48th floor

All 573 units in Forte Tower 1
Value
48012-bedAED 2.34M · Apr 2018
48022-bedAED 2.28M · Sep 2017
48032-bedAED 2.95M · Feb 2025
48042-bedAED 2.4M · Sep 2017
48052-bedAED 2.8M · Aug 2024
48063-bedAED 4.41M · Jun 2019
48083-bedAED 4.02M · Nov 2020
1–7 of 8

4807, Forte Tower 1 in numbers

  • Sold once: by Emaar on 3 April 2019 for AED 4,515,733, or AED 2,623 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2019 price is 5.8%, before a service charge of about AED 33,500 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 1 October 2024.

Questions about 4807, Forte Tower 1

What did unit 4807 last sell for?

AED 4,515,733 on 3 April 2019, sold by the developer: AED 2,623 per sqft for 1,721 sqft. It is the only registered sale of the unit.

What is the rent for unit 4807?

AED 260,000 a year on the contract signed on 1 October 2024.

How big is unit 4807?

1,721 sqft (159.9 sqm): a three-bedroom apartment on the 48th floor of a 71-storey tower completed in 2022.

What is unit 4807 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 4807, Forte Tower 1

Starts from the last sale price (AED 4.52M, 3 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,515,733
Deposit, UAE resident (20%)
AED 903,147
Deposit, non-resident (40%)
AED 1,806,293
Monthly over 25 years at 3.7%
AED 18,475

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