2-bed · 1,097 sqftForte Tower 1, Downtown Dubai · 54th floor · completed 2022

5402, Forte Tower 1

Sold prices and rental history: sold twice, last in June 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5402 · DLD and Ejari recordsUpdated 15 June 2020
Last soldAED 1.78M15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5402, Forte Tower 1

What is 5402 worth today?

Last sold for AED 1,777,765 in 2020

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15 Jun 2020SoldOff-plan
AED 1,777,765AED 1,621 per sqft
19 Aug 2015Sold by developerOff-plan
AED 2,255,888AED 2,083 per sqft

Source: Dubai Land Department. Updated 15 June 2020.

Key facts

Type
2-bed apartment
Size
1,097 sqft
Floor
54th of 71
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 21,400 /yr
Last sold
AED 1.78M · June 2020

About 5402, Forte Tower 1

5402 is a two-bedroom apartment of 1,097 sqft on the 54th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 15 June 2020 for AED 1,777,765, or AED 1,621 per sqft, 14% below the AED 1,893 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5402 over time

Sales
Unit 5402, 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 2,255,888 (AED 2,083 per sqft)Sold, June 2020: AED 1,777,765 (AED 1,621 per sqft)

5402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5402, 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 5402 sits

All 301 2-beds →

5402 last sold in June 2020 at AED 1,621 per sqft, 14% below what two-beds in Forte Tower 1 were fetching at the time (AED 1,893). 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 54th floor

All 573 units in Forte Tower 1
Value
54012-bedAED 2.32M · Sep 2015
54032-bedAED 2.29M · Sep 2015
54042-bedAED 2.8M · Jul 2023
54053-bedAED 4.88M · Feb 2022
54063-bedAED 4.75M · Apr 2019
54073-bedAED 4.52M · Sep 2019
54083-bedAED 5.01M · Nov 2024

5402, Forte Tower 1 in numbers

  • Sold twice: first on 19 August 2015 for AED 2,255,888, last on 15 June 2020 for AED 1,777,765 (AED 1,621 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 15 June 2020.

Questions about 5402, Forte Tower 1

What did unit 5402 last sell for?

AED 1,777,765 on 15 June 2020: AED 1,621 per sqft for 1,097 sqft. The unit has 2 registered sales; the first was AED 2,255,888 in August 2015.

How big is unit 5402?

1,097 sqft (101.9 sqm): a two-bedroom apartment on the 54th floor of a 71-storey tower completed in 2022.

What is unit 5402 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 5402, Forte Tower 1

Starts from the last sale price (AED 1.78M, 15 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,777,765
Deposit, UAE resident (20%)
AED 355,553
Deposit, non-resident (40%)
AED 711,106
Monthly over 25 years at 3.7%
AED 7,273

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