2-bed · 1,108 sqftForte Tower 1, Downtown Dubai · 7th floor · completed 2022

703, Forte Tower 1

Sold prices and rental history: sold once, by the developer in April 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 27 April 2016
Last soldAED 2.1M27 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Forte Tower 1

What is 703 worth today?

Last sold for AED 2,099,888 in 2016

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27 Apr 2016Sold by developerOff-plan
AED 2,099,888AED 1,894 per sqft

Source: Dubai Land Department. Updated 27 April 2016.

Key facts

Type
2-bed apartment
Size
1,108 sqft
Floor
7th of 71
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 21,600 /yr
Last sold
AED 2.1M · April 2016

About 703, Forte Tower 1

703 is a two-bedroom apartment of 1,108 sqft on the 7th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 27 April 2016 for AED 2,099,888, or AED 1,894 per sqft, 5% below the AED 1,998 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, 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, April 2016: AED 2,099,888 (AED 1,894 per sqft)

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

Rents
Unit 703, 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 703 sits

All 301 2-beds →

703 last sold in April 2016 at AED 1,894 per sqft, 5% below what two-beds in Forte Tower 1 were fetching at the time (AED 1,998). 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 7th floor

All 573 units in Forte Tower 1
Value
7012-bedAED 2.13M · Aug 2015
7022-bedAED 2.07M · Apr 2016
7042-bedAED 3M · Jan 2025
7052-bedAED 2.8M · Jan 2026
7063-bedAED 3.83M · Aug 2015
7073-bedAED 3.5M · Jul 2026
7083-bedAED 5M · Jan 2023
1–7 of 8

703, Forte Tower 1 in numbers

  • Sold once: by Emaar on 27 April 2016 for AED 2,099,888, or AED 1,894 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 April 2016.

Questions about 703, Forte Tower 1

What did unit 703 last sell for?

AED 2,099,888 on 27 April 2016, sold by the developer: AED 1,894 per sqft for 1,108 sqft. It is the only registered sale of the unit.

How big is unit 703?

1,108 sqft (102.9 sqm): a two-bedroom apartment on the 7th floor of a 71-storey tower completed in 2022.

What is unit 703 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 703, Forte Tower 1

Starts from the last sale price (AED 2.1M, 27 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,099,888
Deposit, UAE resident (20%)
AED 419,978
Deposit, non-resident (40%)
AED 839,955
Monthly over 25 years at 3.7%
AED 8,591

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