3-bed · 1,643 sqftForte Tower 2, Downtown Dubai · 4th floor · completed 2022

402, Forte Tower 2

Sold prices and rental history: sold 3 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 4.4M2 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Forte Tower 2

What is 402 worth today?

Last sold for AED 4,400,000 in 2024

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2 Jul 2024SoldReady
AED 4,400,000AED 2,678 per sqft
26 Apr 2023SoldOff-plan
AED 3,264,200AED 1,989 per sqft
24 Nov 2019Sold by developerOff-plan
AED 3,264,200AED 1,990 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
3-bed apartment
Size
1,643 sqft
Floor
4th of 42
Parking
L2-422, L2-423
Developer
Emaar
Completed
2022
Service charge
AED 32,000 /yr
Last sold
AED 4.4M · July 2024

About 402, Forte Tower 2

402 is a three-bedroom apartment of 1,643 sqft on the 4th floor of Forte Tower 2, a 42-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 2 July 2024 for AED 4,400,000, or AED 2,678 per sqft, 4% above the AED 2,575 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Forte Tower 2
3M4M5M2018202120242027Typical sale price by year: 2018 AED 3,618,888; 2019 AED 3,525,200; 2020 AED 3,464,900; 2021 AED 3,666,944; 2022 AED 4,158,388; 2023 AED 4,050,000; 2024 AED 4,200,000; 2025 AED 4,845,000; 2026 AED 4,950,000Sold by developer, November 2019: AED 3,264,200 (AED 1,990 per sqft)Sold, April 2023: AED 3,264,200 (AED 1,989 per sqft)Sold, July 2024: AED 4,400,000 (AED 2,678 per sqft)

402 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 402, each contractTypical three-bed in Forte Tower 2
240K245K250K2024202520262027Typical rent by year: 2024 AED 240,000; 2025 AED 250,000; 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 2, and where 402 sits

All 84 3-beds →

402 last sold in July 2024 at AED 2,678 per sqft, 4% above what three-beds in Forte Tower 2 were fetching at the time (AED 2,575). Over the last 12 months three-beds sold for AED 4,000,000 to 5,900,000, around AED 2,873 per sqft, and rent for AED 150,000 to 315,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Oct 20264,000,000
6 Oct 20264,350,000
5 Oct 20264,400,000
20 Aug 20265,700,000
15 3-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 4th floor

All 345 units in Forte Tower 2
Value
4033-bedAED 2.95M · Aug 2020
4041-bedAED 1.09M · Jun 2019
4052-bedAED 3M · Oct 2025
4061-bedAED 1.1M · Nov 2019
4071-bedAED 1.11M · Jun 2019
Phase 2 - 4012-bedAED 1.02M · Jan 2024

402, Forte Tower 2 in numbers

  • Sold 3 times: first on 24 November 2019 for AED 3,264,200, last on 2 July 2024 for AED 4,400,000 (AED 2,678 per sqft).
  • Three-beds in Forte Tower 2 sold for AED 4,000,000–5,900,000 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 2 July 2024.

Questions about 402, Forte Tower 2

What did unit 402 last sell for?

AED 4,400,000 on 2 July 2024: AED 2,678 per sqft for 1,643 sqft. The unit has 3 registered sales; the first was AED 3,264,200 in November 2019.

How big is unit 402?

1,643 sqft (152.6 sqm): a three-bedroom apartment on the 4th floor of a 42-storey tower completed in 2022.

What is unit 402 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 2 sold for AED 4,000,000 to 5,900,000 in the last 12 months, around AED 2,873 per sqft.

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Mortgage on 402, Forte Tower 2

Starts from the last sale price (AED 4.4M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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