1-bed · 615 sqftForte Tower 2, Downtown Dubai · 14th floor · completed 2022

1402, Forte Tower 2

Sold prices and rental history: sold once, by the developer in February 2016, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 1.21M2 February 2016
Current rentAED 100K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Forte Tower 2

What is 1402 worth today?

Last sold for AED 1,214,888 in 2016

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28 Sep 2024RentedRenewal
AED 100,000/yr12 months · AED 163 per sqft
2 Feb 2016Sold by developerOff-plan
AED 1,214,888AED 1,975 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
1-bed apartment
Size
615 sqft
Floor
14th of 42
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 12,000 /yr
Last sold
AED 1.21M · February 2016

About 1402, Forte Tower 2

1402 is a one-bedroom apartment of 615 sqft on the 14th floor of Forte Tower 2, a 42-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 2 February 2016 for AED 1,214,888, or AED 1,975 per sqft, in line with the AED 1,989 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2024. The current contract, renewed on 28 September 2024, is AED 100,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 12,000 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical one-bed in Forte Tower 2
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,321,888; 2017 AED 1,372,888; 2019 AED 1,224,799; 2020 AED 1,215,888; 2021 AED 1,381,888; 2022 AED 1,375,000; 2023 AED 1,700,000; 2024 AED 1,800,000; 2025 AED 2,100,000Sold by developer, February 2016: AED 1,214,888 (AED 1,975 per sqft)

1402 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, each contractTypical one-bed in Forte Tower 2
100K110K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 115,000; 2026 AED 105,000Renewal, September 2024: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Forte Tower 2, and where 1402 sits

All 128 1-beds →

1402 last sold in February 2016 at AED 1,975 per sqft, in line with what one-beds in Forte Tower 2 were fetching at the time (AED 1,989). Over the last 12 months one-beds sold for AED 2,050,000 to 2,200,000, around AED 3,067 per sqft, and rent for AED 30,000 to 193,750 a year. 1402's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Feb 20262,050,000
18 Dec 20252,050,000
10 Dec 20252,200,000
28 Aug 20252,100,000
3 1-bed sales in the last 12 months

Forte Tower 2

Building

345 apartments, 1-bed to 4-bed over 42 floors in Downtown Dubai, completed in 2022 by Emaar. 32 sold in the last 12 months.

Typical price per sqft
AED 2,880 Up 2.8%
Typical sale
AED 3.75M
Typical rent
AED 158K /yr
Typical yield
5.3%
Forte Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 345 units in Forte Tower 2
Value
14012-bedAED 2.27M · Mar 2016
14031-bedAED 1.33M · Feb 2016
14041-bedAED 1.38M · Jan 2016
14052-bedAED 3M · Feb 2024
14062-bedAED 3.42M · Aug 2025
14072-bedAED 2.85M · Jan 2016
14083-bedAED 4M · May 2022
1–7 of 9

1402, Forte Tower 2 in numbers

  • Sold once: by Emaar on 2 February 2016 for AED 1,214,888, or AED 1,975 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 12,000 a year (AED 19.48 per sqft).
  • One-beds in Forte Tower 2 sold for AED 2,050,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,880 per sqft.

Source: Dubai Land Department. Updated 28 September 2024.

Questions about 1402, Forte Tower 2

What did unit 1402 last sell for?

AED 1,214,888 on 2 February 2016, sold by the developer: AED 1,975 per sqft for 615 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 100,000 a year on the contract renewed on 28 September 2024.

How big is unit 1402?

615 sqft (57.1 sqm): a one-bedroom apartment on the 14th floor of a 42-storey tower completed in 2022.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Forte Tower 2 sold for AED 2,050,000 to 2,200,000 in the last 12 months, around AED 3,067 per sqft.

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Mortgage on 1402, Forte Tower 2

Starts from the last sale price (AED 1.21M, 2 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,214,888
Deposit, UAE resident (20%)
AED 242,978
Deposit, non-resident (40%)
AED 485,955
Monthly over 25 years at 3.7%
AED 4,970

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