2-bed · 1,124 sqftForte Tower 1, Downtown Dubai · 54th floor · completed 2022

5404, Forte Tower 1

Sold prices and rental history: sold twice, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5404 · DLD and Ejari recordsUpdated 27 July 2023
Last soldAED 2.8M27 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5404, Forte Tower 1

What is 5404 worth today?

Last sold for AED 2,800,000 in 2023

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27 Jul 2023SoldOff-plan
AED 2,800,000AED 2,490 per sqft
20 Feb 2019Sold by developerOff-plan
AED 2,423,888AED 2,156 per sqft

Source: Dubai Land Department. Updated 27 July 2023.

Key facts

Type
2-bed apartment
Size
1,124 sqft
Floor
54th of 71
Parking
B2-124
Developer
Emaar
Completed
2022
Service charge
AED 21,900 /yr
Last sold
AED 2.8M · July 2023

About 5404, Forte Tower 1

5404 is a two-bedroom apartment of 1,124 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 27 July 2023 for AED 2,800,000, or AED 2,490 per sqft, 13% above the AED 2,210 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5404 over time

Sales
Unit 5404, 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, February 2019: AED 2,423,888 (AED 2,156 per sqft)Sold, July 2023: AED 2,800,000 (AED 2,490 per sqft)

5404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5404, 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 5404 sits

All 301 2-beds →

5404 last sold in July 2023 at AED 2,490 per sqft, 13% above what two-beds in Forte Tower 1 were fetching at the time (AED 2,210). 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
54022-bedAED 1.78M · Jun 2020
54032-bedAED 2.29M · Sep 2015
54053-bedAED 4.88M · Feb 2022
54063-bedAED 4.75M · Apr 2019
54073-bedAED 4.52M · Sep 2019
54083-bedAED 5.01M · Nov 2024

5404, Forte Tower 1 in numbers

  • Sold twice: first on 20 February 2019 for AED 2,423,888, last on 27 July 2023 for AED 2,800,000 (AED 2,490 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 27 July 2023.

Questions about 5404, Forte Tower 1

What did unit 5404 last sell for?

AED 2,800,000 on 27 July 2023: AED 2,490 per sqft for 1,124 sqft. The unit has 2 registered sales; the first was AED 2,423,888 in February 2019.

How big is unit 5404?

1,124 sqft (104.4 sqm): a two-bedroom apartment on the 54th floor of a 71-storey tower completed in 2022.

What is unit 5404 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 5404, Forte Tower 1

Starts from the last sale price (AED 2.8M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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