2-bed · 1,004 sqftForte Tower 1, Downtown Dubai · 50th floor · completed 2022

5005, Forte Tower 1

Sold prices and rental history: sold 3 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5005 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 2.9M31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5005, Forte Tower 1

What is 5005 worth today?

Last sold for AED 2,900,000 in 2024

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31 May 2024SoldReady
AED 2,900,000AED 2,888 per sqft
23 Apr 2024SoldReady
AED 2,550,000AED 2,540 per sqft
14 Sep 2015Sold by developerOff-plan
AED 2,074,888AED 2,058 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,004 sqft
Floor
50th of 71
Parking
B5-55
Developer
Emaar
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 2.9M · May 2024

About 5005, Forte Tower 1

5005 is a two-bedroom apartment of 1,004 sqft on the 50th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 31 May 2024 for AED 2,900,000, or AED 2,888 per sqft, 17% above the AED 2,462 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5005 over time

Sales
Unit 5005, 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, September 2015: AED 2,074,888 (AED 2,058 per sqft)Sold, April 2024: AED 2,550,000 (AED 2,540 per sqft)Sold, May 2024: AED 2,900,000 (AED 2,888 per sqft)

5005 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5005, each contractTypical two-bed in Forte Tower 1
160K163K165K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 165,000; 2026 AED 160,000

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 5005 sits

All 301 2-beds →

5005 last sold in May 2024 at AED 2,888 per sqft, 17% above what two-beds in Forte Tower 1 were fetching at the time (AED 2,462). 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.

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 50th floor

All 573 units in Forte Tower 1
Value
50012-bedAED 2.3M · Aug 2015
50022-bedAED 2.9M · Sep 2024
50032-bedAED 3.33M · May 2025
50042-bedAED 2.57M · Feb 2023
50063-bedAED 4.8M · Aug 2025
50073-bedAED 4.2M · Jan 2023
50083-bedAED 4.48M · Aug 2015
1–7 of 8

5005, Forte Tower 1 in numbers

  • Sold 3 times: first on 14 September 2015 for AED 2,074,888, last on 31 May 2024 for AED 2,900,000 (AED 2,888 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 31 May 2024.

Questions about 5005, Forte Tower 1

What did unit 5005 last sell for?

AED 2,900,000 on 31 May 2024: AED 2,888 per sqft for 1,004 sqft. The unit has 3 registered sales; the first was AED 2,074,888 in September 2015.

How big is unit 5005?

1,004 sqft (93.3 sqm): a two-bedroom apartment on the 50th floor of a 71-storey tower completed in 2022.

What is unit 5005 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 5005, Forte Tower 1

Starts from the last sale price (AED 2.9M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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