5507, Forte Tower 1
Sold prices and rental history: sold twice, last in April 2024, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5507, Forte Tower 1
What is 5507 worth today?
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Source: Dubai Land Department. Updated 7 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,646 sqft
- Floor
- 55th of 71
- Parking
- B4-92, B4-93
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 32,100 /yr
- Last sold
- AED 5.55M · April 2024
- Building
- Forte Tower 1
About 5507, Forte Tower 1
5507 is a three-bedroom apartment of 1,646 sqft on the 55th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 22 April 2024 for AED 5,550,000, or AED 3,371 per sqft, 23% above the AED 2,733 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 7 September 2024. The current contract, signed on 7 September 2024, is AED 290,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 32,100 a year.
Sales and rents for 5507 over time
5507 has sold twice; the dashed line is the three-bed median of each year in the building.
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 5507 sits
All 232 3-beds →5507 last sold in April 2024 at AED 3,371 per sqft, 23% above what three-beds in Forte Tower 1 were fetching at the time (AED 2,733). 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. 5507's AED 290,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,723 sqft | 4,585,500 | 2,662 | ||
| 1 Oct 20261 October 2026 | 1,723 sqft | 4,900,000 | 2,844 | ||
| 9 Sep 20269 September 2026 | 1,723 sqft | 5,300,000 | 3,076 | ||
| 1 Sep 20261 September 2026 | 1,723 sqft | 5,100,000 | 2,960 |
Forte Tower 1
Building573 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%
Other units on the 55th floor
All 573 units in Forte Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 2-bed | 1,103 sqft | AED 2.37MAED 2,371,888 · Sep 2017September 2017 | 160,000 /yr | |
| 5502 | 2-bed | 1,097 sqft | AED 2.88MAED 2,880,000 · Jul 2026July 2026 | 222,000 /yr | |
| 5503 | 2-bed | 1,109 sqft | AED 2.3MAED 2,295,888 · Sep 2017September 2017 | 155,000 /yr | |
| 5504 | 2-bed | 1,111 sqft | AED 3.33MAED 3,330,000 · Aug 2026August 2026 | 205,000 /yr | |
| 5505 | 3-bed | 1,592 sqft | AED 4.77MAED 4,773,888 · Oct 2021October 2021 | ||
| 5506 | 3-bed | 1,722 sqft | AED 4.76MAED 4,762,888 · May 2019May 2019 | 220,000 /yr | |
| 5508 | 3-bed | 1,599 sqft | AED 3.99MAED 3,990,780 · Dec 2022December 2022 | 245,000 /yr |
5507, Forte Tower 1 in numbers
- Sold twice: first on 24 June 2019 for AED 4,524,888, last on 22 April 2024 for AED 5,550,000 (AED 3,371 per sqft).
- Rented since September 2024 on one Ejari contract, at AED 290,000 a year.
- At AED 290,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 32,100 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 7 September 2024.
Questions about 5507, Forte Tower 1
What did unit 5507 last sell for?
AED 5,550,000 on 22 April 2024: AED 3,371 per sqft for 1,646 sqft. The unit has 2 registered sales; the first was AED 4,524,888 in June 2019.
What is the rent for unit 5507?
AED 290,000 a year on the contract signed on 7 September 2024.
How big is unit 5507?
1,646 sqft (152.9 sqm): a three-bedroom apartment on the 55th floor of a 71-storey tower completed in 2022.
What is unit 5507 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 5507, Forte Tower 1
Starts from the last sale price (AED 5.55M, 22 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,550,000
- Deposit, UAE resident (20%)
- AED 1,110,000
- Deposit, non-resident (40%)
- AED 2,220,000
- Monthly over 25 years at 3.7%
- AED 22,707
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →