3-bed · 1,568 sqftForte Tower 1, Downtown Dubai · 18th floor · completed 2022

1806, Forte Tower 1

Sold prices and rental history: sold twice, last in July 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 1806 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 4.4M2 July 2024
Current rentAED 240K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1806, Forte Tower 1

What is 1806 worth today?

Last sold for AED 4,400,000 in 2024

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10 Aug 2024RentedNew contract
AED 240,000/yr12 months · AED 153 per sqft
2 Jul 2024SoldReady
AED 4,400,000AED 2,805 per sqft
12 Aug 2015Sold by developerOff-plan
AED 3,990,888AED 2,567 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
3-bed apartment
Size
1,568 sqft
Floor
18th of 71
Parking
B5-34, B5-35
Developer
Emaar
Completed
2022
Service charge
AED 30,500 /yr
Last sold
AED 4.4M · July 2024

About 1806, Forte Tower 1

1806 is a three-bedroom apartment of 1,568 sqft on the 18th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 2 July 2024 for AED 4,400,000, or AED 2,805 per sqft, in line with the AED 2,833 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 August 2024. The current contract, signed on 10 August 2024, is AED 240,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 30,500 a year.

Sales and rents for 1806 over time

Sales
Unit 1806, each saleTypical three-bed in Forte Tower 1
4M5M2015201820212024Typical sale price by year: 2015 AED 4,271,888; 2016 AED 4,507,888; 2017 AED 3,890,888; 2019 AED 4,515,888; 2020 AED 4,202,000; 2021 AED 4,442,749; 2022 AED 4,336,099; 2023 AED 4,130,000; 2024 AED 4,800,000; 2025 AED 5,200,000Sold by developer, August 2015: AED 3,990,888 (AED 2,567 per sqft)Sold, July 2024: AED 4,400,000 (AED 2,805 per sqft)

1806 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1806, each contractTypical three-bed in Forte Tower 1
250K300K2024202520262027Typical rent by year: 2024 AED 250,000; 2025 AED 260,000; 2026 AED 311,250New contract, August 2024: AED 240,000 a year

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 1, and where 1806 sits

All 216 3-beds →

1806 last sold in July 2024 at AED 2,805 per sqft, in line with what three-beds in Forte Tower 1 were fetching at the time (AED 2,833). Over the last 12 months three-beds sold for AED 5,000,000 to 5,500,000, around AED 3,219 per sqft, and rent for AED 180,000 to 337,000 a year. 1806's AED 240,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Feb 20265,300,000
6 Feb 20265,100,000
26 Dec 20255,500,000
15 Dec 20255,000,000
5 3-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 18th floor

All 573 units in Forte Tower 1
Value
18012-bedAED 2.17M · Aug 2015
18022-bedAED 2.11M · Sep 2015
18032-bedAED 1.38M · Dec 2020
18042-bedAED 2.22M · Aug 2015
18052-bedAED 2.75M · Aug 2024
18073-bedAED 4.26M · Aug 2015
18083-bedAED 4.25M · Mar 2024
1–7 of 8

1806, Forte Tower 1 in numbers

  • Sold twice: first on 12 August 2015 for AED 3,990,888, last on 2 July 2024 for AED 4,400,000 (AED 2,805 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 30,500 a year (AED 19.48 per sqft).
  • Three-beds in Forte Tower 1 sold for AED 5,000,000–5,500,000 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 10 August 2024.

Questions about 1806, Forte Tower 1

What did unit 1806 last sell for?

AED 4,400,000 on 2 July 2024: AED 2,805 per sqft for 1,568 sqft. The unit has 2 registered sales; the first was AED 3,990,888 in August 2015.

What is the rent for unit 1806?

AED 240,000 a year on the contract signed on 10 August 2024.

How big is unit 1806?

1,568 sqft (145.7 sqm): a three-bedroom apartment on the 18th floor of a 71-storey tower completed in 2022.

What is unit 1806 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 1 sold for AED 5,000,000 to 5,500,000 in the last 12 months, around AED 3,219 per sqft.

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Mortgage on 1806, Forte Tower 1

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 →