2-bed · 1,083 sqftForte Tower 1, Downtown Dubai · 25th floor · completed 2022

2502, Forte Tower 1

Sold prices and rental history: sold twice, last in December 2017, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.75M24 December 2017
Current rentAED 170K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, Forte Tower 1

What is 2502 worth today?

Last sold for AED 1,750,000 in 2017

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1 Mar 2024RentedNew contract
AED 170,000/yr24 months · AED 155 per sqft
24 Dec 2017SoldOff-plan
AED 1,750,000AED 1,615 per sqft
11 Aug 2015Sold by developerOff-plan
AED 2,138,888AED 1,975 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
25th of 71
Parking
1
Developer
Emaar
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 1.75M · December 2017

About 2502, Forte Tower 1

2502 is a two-bedroom apartment of 1,083 sqft on the 25th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 24 December 2017 for AED 1,750,000, or AED 1,615 per sqft, 23% below the AED 2,098 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2024. The current contract, signed on 1 March 2024, is AED 170,000 a year: a gross yield of 9.7% on the 2017 price, before the service charge of about AED 21,100 a year.

Sales and rents for 2502 over time

Sales
Unit 2502, 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, August 2015: AED 2,138,888 (AED 1,975 per sqft)Sold, December 2017: AED 1,750,000 (AED 1,615 per sqft)

2502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2502, each contractTypical two-bed in Forte Tower 1
165K168K170K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 170,000; 2026 AED 170,000New contract, March 2024: AED 170,000 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 2502 sits

All 284 2-beds →

2502 last sold in December 2017 at AED 1,615 per sqft, 23% below what two-beds in Forte Tower 1 were fetching at the time (AED 2,098). 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. 2502's AED 170,000 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 25th floor

All 573 units in Forte Tower 1
Value
25012-bedAED 2.2M · Aug 2015
25032-bedAED 2.17M · Aug 2015
25042-bedAED 2.25M · Aug 2015
25052-bedAED 1.98M · Aug 2015
25063-bedAED 4.08M · Nov 2022
25073-bedAED 4.51M · Apr 2016
25083-bedAED 4.28M · Aug 2015
1–7 of 8

2502, Forte Tower 1 in numbers

  • Sold twice: first on 11 August 2015 for AED 2,138,888, last on 24 December 2017 for AED 1,750,000 (AED 1,615 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 9.7%, 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 1 March 2024.

Questions about 2502, Forte Tower 1

What did unit 2502 last sell for?

AED 1,750,000 on 24 December 2017: AED 1,615 per sqft for 1,083 sqft. The unit has 2 registered sales; the first was AED 2,138,888 in August 2015.

What is the rent for unit 2502?

AED 170,000 a year on the contract signed on 1 March 2024.

How big is unit 2502?

1,083 sqft (100.6 sqm): a two-bedroom apartment on the 25th floor of a 71-storey tower completed in 2022.

What is unit 2502 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 2502, Forte Tower 1

Starts from the last sale price (AED 1.75M, 24 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →