3-bed · 1,621 sqftForte Tower 1, Downtown Dubai · 37th floor · completed 2022

3708, Forte Tower 1

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

Unit 3708 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 4.38M9 September 2015
Current rentAED 230K /yr7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3708, Forte Tower 1

What is 3708 worth today?

Last sold for AED 4,378,888 in 2015

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7 Mar 2024RentedNew contract
AED 230,000/yr12 months · AED 140 per sqft
9 Sep 2015Sold by developerOff-plan
AED 4,378,888AED 2,701 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
3-bed apartment
Size
1,621 sqft
Floor
37th of 71
Parking
2
Developer
Emaar
Completed
2022
Service charge
AED 31,600 /yr
Last sold
AED 4.38M · September 2015

About 3708, Forte Tower 1

3708 is a three-bedroom apartment of 1,621 sqft on the 37th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 9 September 2015 for AED 4,378,888, or AED 2,701 per sqft, in line with the AED 2,639 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 March 2024. The current contract, signed on 7 March 2024, is AED 230,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 31,600 a year.

Sales and rents for 3708 over time

Sales
Unit 3708, 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, September 2015: AED 4,378,888 (AED 2,701 per sqft)

3708 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3708, 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, March 2024: AED 230,000 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 3708 sits

All 216 3-beds →

3708 last sold in September 2015 at AED 2,701 per sqft, in line with what three-beds in Forte Tower 1 were fetching at the time (AED 2,639). 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. 3708's AED 230,000 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 37th floor

All 573 units in Forte Tower 1
Value
37012-bedAED 2.7M · Apr 2024
37022-bedAED 1.8M · Jul 2022
37032-bedAED 2.6M · Feb 2024
37042-bedAED 2.7M · Jul 2024
37052-bedAED 2.03M · Aug 2015
37063-bedAED 4.32M · Aug 2015
37073-bedAED 4.61M · Aug 2015
1–7 of 8

3708, Forte Tower 1 in numbers

  • Sold once: by Emaar on 9 September 2015 for AED 4,378,888, or AED 2,701 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 31,600 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 7 March 2024.

Questions about 3708, Forte Tower 1

What did unit 3708 last sell for?

AED 4,378,888 on 9 September 2015, sold by the developer: AED 2,701 per sqft for 1,621 sqft. It is the only registered sale of the unit.

What is the rent for unit 3708?

AED 230,000 a year on the contract signed on 7 March 2024.

How big is unit 3708?

1,621 sqft (150.6 sqm): a three-bedroom apartment on the 37th floor of a 71-storey tower completed in 2022.

What is unit 3708 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 3708, Forte Tower 1

Starts from the last sale price (AED 4.38M, 9 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,378,888
Deposit, UAE resident (20%)
AED 875,778
Deposit, non-resident (40%)
AED 1,751,555
Monthly over 25 years at 3.7%
AED 17,915

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →