2-bed · 1,179 sqftForte Tower 2, Downtown Dubai · 7th floor · completed 2022

706, Forte Tower 2

Sold prices and rental history: sold twice, last in November 2024, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 3.15M21 November 2024
Current rentAED 160K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Forte Tower 2

What is 706 worth today?

Last sold for AED 3,150,000 in 2024

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21 Nov 2024SoldReady
AED 3,150,000AED 2,671 per sqft
15 Aug 2024RentedRenewal
AED 160,000/yr12 months · AED 136 per sqft
28 Jul 2016Sold by developerOff-plan
AED 2,680,888AED 2,252 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Floor
7th of 42
Parking
B4-9
Developer
Emaar
Completed
2022
Service charge
AED 23,000 /yr
Last sold
AED 3.15M · November 2024

About 706, Forte Tower 2

706 is a two-bedroom apartment of 1,179 sqft on the 7th floor of Forte Tower 2, a 42-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 21 November 2024 for AED 3,150,000, or AED 2,671 per sqft, 5% above the AED 2,545 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2024. The current contract, renewed on 15 August 2024, is AED 160,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 23,000 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Forte Tower 2
2M3M2016201920222025Typical sale price by year: 2016 AED 2,420,388; 2017 AED 2,843,888; 2018 AED 2,311,888; 2019 AED 2,284,388; 2020 AED 1,759,632; 2021 AED 2,100,000; 2022 AED 3,094,190; 2023 AED 2,700,000; 2024 AED 3,000,000; 2025 AED 3,155,000; 2026 AED 3,200,000Sold by developer, July 2016: AED 2,680,888 (AED 2,252 per sqft)Sold, November 2024: AED 3,150,000 (AED 2,671 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Forte Tower 2
160K180K2024202520262027Typical rent by year: 2024 AED 177,630; 2025 AED 185,000; 2026 AED 166,000Renewal, August 2024: AED 160,000 a year

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 2, and where 706 sits

All 131 2-beds →

706 last sold in November 2024 at AED 2,671 per sqft, 5% above what two-beds in Forte Tower 2 were fetching at the time (AED 2,545). Over the last 12 months two-beds sold for AED 363,000 to 3,500,000, around AED 2,650 per sqft, and rent for AED 72,000 to 324,000 a year. 706's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Nov 20262,975,000
17 Sep 20262,850,000
27 Aug 20263,200,000
16 Jul 2026363,000
13 2-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 7th floor

All 345 units in Forte Tower 2
Value
7012-bedAED 2.24M · Jan 2017
7021-bedAED 1.2M · Mar 2016
7031-bedAED 1.31M · Apr 2016
7041-bedAED 1.36M · Apr 2016
7052-bedAED 2.2M · Jun 2023
7072-bedAED 3.5M · Apr 2025
7083-bedAED 4.05M · Oct 2023
1–7 of 9

706, Forte Tower 2 in numbers

  • Sold twice: first on 28 July 2016 for AED 2,680,888, last on 21 November 2024 for AED 3,150,000 (AED 2,671 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 23,000 a year (AED 19.48 per sqft).
  • Two-beds in Forte Tower 2 sold for AED 363,000–3,500,000 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 21 November 2024.

Questions about 706, Forte Tower 2

What did unit 706 last sell for?

AED 3,150,000 on 21 November 2024: AED 2,671 per sqft for 1,179 sqft. The unit has 2 registered sales; the first was AED 2,680,888 in July 2016.

What is the rent for unit 706?

AED 160,000 a year on the contract renewed on 15 August 2024.

How big is unit 706?

1,179 sqft (109.5 sqm): a two-bedroom apartment on the 7th floor of a 42-storey tower completed in 2022.

What is unit 706 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 2 sold for AED 363,000 to 3,500,000 in the last 12 months, around AED 2,650 per sqft.

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Mortgage on 706, Forte Tower 2

Starts from the last sale price (AED 3.15M, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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