1-bed · 772 sqftForte Tower 1, Downtown Dubai · 2nd floor · completed 2022

201, Forte Tower 1

Sold prices and rental history: sold once, by the developer in April 2020, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.37M9 April 2020
Current rentAED 224K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Forte Tower 1

What is 201 worth today?

Last sold for AED 1,374,200 in 2020

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25 Oct 2024RentedNew contract
AED 224,000/yr6 months · AED 294 per sqft
9 Apr 2020Sold by developerOff-plan
AED 1,374,200AED 1,781 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed apartment
Size
772 sqft
Floor
2nd of 71
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 15,000 /yr
Last sold
AED 1.37M · April 2020

About 201, Forte Tower 1

201 is a one-bedroom apartment of 772 sqft on the 2nd floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 9 April 2020 for AED 1,374,200, or AED 1,781 per sqft, in line with the AED 1,800 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 October 2024. The current contract, signed on 25 October 2024, is AED 224,000 a year: a gross yield of 16.3% on the 2020 price, before the service charge of about AED 15,000 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in Forte Tower 1
2M2019202120232025Typical sale price by year: 2019 AED 1,662,200; 2020 AED 1,662,200; 2022 AED 2,135,888; 2023 AED 2,300,000; 2024 AED 2,550,000Sold by developer, April 2020: AED 1,374,200 (AED 1,781 per sqft)

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

Rents
Unit 201, each contractTypical one-bed in Forte Tower 1
150K200K2024202520262027Typical rent by year: 2024 AED 135,000; 2025 AED 130,000; 2026 AED 140,000New contract, October 2024: AED 224,000 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 1, and where 201 sits

All 30 1-beds →

201 last sold in April 2020 at AED 1,781 per sqft, in line with what one-beds in Forte Tower 1 were fetching at the time (AED 1,800). 201's AED 224,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20252,100,000
30 Dec 20242,570,000
19 Nov 20242,670,000
3 Sep 20241,800,000
0 1-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 2nd floor

All 573 units in Forte Tower 1
Value
2022-bedAED 2.58M · Jan 2024
2032-bedAED 2.76M · Nov 2019
2042-bedAED 2.23M · Jun 2019
2051-bedAED 2.16M · Mar 2022
2061-bedAED 1.66M · Sep 2019
2071-bedAED 1.66M · Feb 2020
2081-bedAED 2.11M · Apr 2021
1–7 of 16

201, Forte Tower 1 in numbers

  • Sold once: by Emaar on 9 April 2020 for AED 1,374,200, or AED 1,781 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 224,000 a year.
  • At AED 224,000 a year the gross yield on the 2020 price is 16.3%, before a service charge of about AED 15,000 a year (AED 19.48 per sqft).

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 201, Forte Tower 1

What did unit 201 last sell for?

AED 1,374,200 on 9 April 2020, sold by the developer: AED 1,781 per sqft for 772 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 224,000 a year on the contract signed on 25 October 2024.

How big is unit 201?

772 sqft (71.7 sqm): a one-bedroom apartment on the 2nd floor of a 71-storey tower completed in 2022.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 201, Forte Tower 1

Starts from the last sale price (AED 1.37M, 9 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,374,200
Deposit, UAE resident (20%)
AED 274,840
Deposit, non-resident (40%)
AED 549,680
Monthly over 25 years at 3.7%
AED 5,622

Plus AED 62,726 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →