2-bed · 981 sqftForte Tower 1, Downtown Dubai · 2nd floor · completed 2022

216, Forte Tower 1

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 10 February 2020
Last soldAED 1.67M10 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Forte Tower 1

What is 216 worth today?

Last sold for AED 1,668,500 in 2020

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10 Feb 2020Sold by developerOff-plan
AED 1,668,500AED 1,700 per sqft

Source: Dubai Land Department. Updated 10 February 2020.

Key facts

Type
2-bed apartment
Size
981 sqft
Floor
2nd of 71
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 19,100 /yr
Last sold
AED 1.67M · February 2020

About 216, Forte Tower 1

216 is a two-bedroom apartment of 981 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 10 February 2020 for AED 1,668,500, or AED 1,700 per sqft, 10% below the AED 1,898 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 216 over time

Sales
Unit 216, 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, February 2020: AED 1,668,500 (AED 1,700 per sqft)

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

Rents
Unit 216, each contractTypical two-bed in Forte Tower 1
165K168K170K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 170,000; 2026 AED 170,000

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 216 sits

All 284 2-beds →

216 last sold in February 2020 at AED 1,700 per sqft, 10% below what two-beds in Forte Tower 1 were fetching at the time (AED 1,898). 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.

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 2nd floor

All 573 units in Forte Tower 1
Value
2011-bedAED 1.37M · Apr 2020
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
1–7 of 16

216, Forte Tower 1 in numbers

  • Sold once: by Emaar on 10 February 2020 for AED 1,668,500, or AED 1,700 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 10 February 2020.

Questions about 216, Forte Tower 1

What did unit 216 last sell for?

AED 1,668,500 on 10 February 2020, sold by the developer: AED 1,700 per sqft for 981 sqft. It is the only registered sale of the unit.

How big is unit 216?

981 sqft (91.1 sqm): a two-bedroom apartment on the 2nd floor of a 71-storey tower completed in 2022.

What is unit 216 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 216, Forte Tower 1

Starts from the last sale price (AED 1.67M, 10 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,668,500
Deposit, UAE resident (20%)
AED 333,700
Deposit, non-resident (40%)
AED 667,400
Monthly over 25 years at 3.7%
AED 6,826

Plus AED 75,087 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →