2-bed · 1,083 sqftForte Tower 1, Downtown Dubai · 10th floor · completed 2022

1002, Forte Tower 1

Sold prices and rental history: sold once, by the developer in September 2015, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 2.08M6 September 2015
Current rentAED 180K /yr2 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Forte Tower 1

What is 1002 worth today?

Last sold for AED 2,078,888 in 2015

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2 Jul 2024RentedNew contract
AED 180,000/yr24 months · AED 164 per sqft
6 Sep 2015Sold by developerOff-plan
AED 2,078,888AED 1,919 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
10th of 71
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.08M · September 2015

About 1002, Forte Tower 1

1002 is a two-bedroom apartment of 1,083 sqft on the 10th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 6 September 2015 for AED 2,078,888, or AED 1,919 per sqft, 3% below the AED 1,987 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 July 2024. The current contract, signed on 2 July 2024, is AED 180,000 a year: a gross yield of 8.7% on the 2015 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Forte Tower 1
2M3M20152018202120242027Typical sale price by year: 2015 AED 2,179,388; 2016 AED 2,247,888; 2017 AED 2,295,888; 2018 AED 2,306,888; 2019 AED 2,057,888; 2020 AED 1,958,388; 2021 AED 2,295,888; 2022 AED 2,359,888; 2023 AED 2,500,000; 2024 AED 2,800,000; 2025 AED 3,000,000; 2026 AED 3,100,000Sold by developer, September 2015: AED 2,078,888 (AED 1,919 per sqft)

1002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Forte Tower 1
170K180K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 170,000; 2026 AED 170,000New contract, July 2024: AED 180,000 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 1, and where 1002 sits

All 284 2-beds →

1002 last sold in September 2015 at AED 1,919 per sqft, 3% below what two-beds in Forte Tower 1 were fetching at the time (AED 1,987). Over the last 12 months two-beds sold for AED 2,700,000 to 3,350,000, around AED 2,796 per sqft, and rent for AED 150,000 to 250,000 a year. 1002's AED 180,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20263,100,000
3 Feb 20263,200,000
30 Jan 20262,800,000
9 Jan 20263,350,000
11 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. 16 sold in the last 12 months.

Typical price per sqft
AED 2,877 Down 2.6%
Typical sale
AED 3.18M
Typical rent
AED 190K /yr
Typical yield
5.7%
Forte Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 573 units in Forte Tower 1
Value
10012-bedAED 2.14M · Sep 2015
10032-bedAED 2.11M · Aug 2015
10042-bedAED 2.8M · Apr 2024
10052-bedAED 2.13M · Mar 2022
10063-bedAED 3.87M · Aug 2015
10073-bedAED 4.13M · Jun 2023
10083-bedAED 2.66M · Jan 2021
1–7 of 8

1002, Forte Tower 1 in numbers

  • Sold once: by Emaar on 6 September 2015 for AED 2,078,888, or AED 1,919 per sqft.
  • Rented since July 2024 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2015 price is 8.7%, before a service charge of about AED 21,100 a year (AED 19.48 per sqft).
  • Two-beds in Forte Tower 1 sold for AED 2,700,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,877 per sqft.

Source: Dubai Land Department. Updated 2 July 2024.

Questions about 1002, Forte Tower 1

What did unit 1002 last sell for?

AED 2,078,888 on 6 September 2015, sold by the developer: AED 1,919 per sqft for 1,083 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 180,000 a year on the contract signed on 2 July 2024.

How big is unit 1002?

1,083 sqft (100.6 sqm): a two-bedroom apartment on the 10th floor of a 71-storey tower completed in 2022.

What is unit 1002 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 2,700,000 to 3,350,000 in the last 12 months, around AED 2,796 per sqft.

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Mortgage on 1002, Forte Tower 1

Starts from the last sale price (AED 2.08M, 6 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,078,888
Deposit, UAE resident (20%)
AED 415,778
Deposit, non-resident (40%)
AED 831,555
Monthly over 25 years at 3.7%
AED 8,505

Plus AED 92,324 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →