3-bed · 1,645 sqftForte Tower 1, Downtown Dubai · 54th floor · completed 2022

5407, Forte Tower 1

Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5407 · DLD and Ejari recordsUpdated 26 September 2019
Last soldAED 4.52M26 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5407, Forte Tower 1

What is 5407 worth today?

Last sold for AED 4,515,888 in 2019

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26 Sep 2019Sold by developerOff-plan
AED 4,515,888AED 2,745 per sqft

Source: Dubai Land Department. Updated 26 September 2019.

Key facts

Type
3-bed apartment
Size
1,645 sqft
Floor
54th of 71
Parking
2
Developer
Emaar
Completed
2022
Service charge
AED 32,000 /yr
Last sold
AED 4.52M · September 2019

About 5407, Forte Tower 1

5407 is a three-bedroom apartment of 1,645 sqft on the 54th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 26 September 2019 for AED 4,515,888, or AED 2,745 per sqft, in line with the AED 2,748 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5407 over time

Sales
Unit 5407, 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, September 2019: AED 4,515,888 (AED 2,745 per sqft)

5407 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5407, each contractTypical three-bed in Forte Tower 1
240K250K260K2024202520262027Typical rent by year: 2024 AED 252,500; 2025 AED 260,000; 2026 AED 240,000

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 5407 sits

All 232 3-beds →

5407 last sold in September 2019 at AED 2,745 per sqft, in line with what three-beds in Forte Tower 1 were fetching at the time (AED 2,748). 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.

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 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
54042-bedAED 2.8M · Jul 2023
54053-bedAED 4.88M · Feb 2022
54063-bedAED 4.75M · Apr 2019
54083-bedAED 5.01M · Nov 2024

5407, Forte Tower 1 in numbers

  • Sold once: by Emaar on 26 September 2019 for AED 4,515,888, or AED 2,745 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 26 September 2019.

Questions about 5407, Forte Tower 1

What did unit 5407 last sell for?

AED 4,515,888 on 26 September 2019, sold by the developer: AED 2,745 per sqft for 1,645 sqft. It is the only registered sale of the unit.

How big is unit 5407?

1,645 sqft (152.8 sqm): a three-bedroom apartment on the 54th floor of a 71-storey tower completed in 2022.

What is unit 5407 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 5407, Forte Tower 1

Starts from the last sale price (AED 4.52M, 26 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,515,888
Deposit, UAE resident (20%)
AED 903,178
Deposit, non-resident (40%)
AED 1,806,355
Monthly over 25 years at 3.7%
AED 18,476

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