3-bed · 1,598 sqftForte Tower 1, Downtown Dubai · 50th floor · completed 2022

5009, Forte Tower 1

Sold prices and rental history: sold twice, last in December 2022, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5009 · DLD and Ejari recordsUpdated 27 April 2024
Last soldAED 4.4M21 December 2022
Current rentAED 265K /yr27 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5009, Forte Tower 1

What is 5009 worth today?

Last sold for AED 4,395,499 in 2022

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27 Apr 2024RentedNew contract
AED 265,000/yr12 months · AED 166 per sqft
21 Dec 2022SoldOff-plan
AED 4,395,499AED 2,749 per sqft
27 Apr 2022Sold by developerOff-plan
AED 4,395,499AED 2,749 per sqft

Source: Dubai Land Department. Updated 27 April 2024.

Key facts

Type
3-bed apartment
Size
1,598 sqft
Floor
50th of 71
Parking
2
Developer
Emaar
Completed
2022
Service charge
AED 31,100 /yr
Last sold
AED 4.4M · December 2022

About 5009, Forte Tower 1

5009 is a three-bedroom apartment of 1,598 sqft on the 50th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 21 December 2022 for AED 4,395,499, or AED 2,749 per sqft, in line with the AED 2,717 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 April 2024. The current contract, signed on 27 April 2024, is AED 265,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 31,100 a year.

Sales and rents for 5009 over time

Sales
Unit 5009, 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, April 2022: AED 4,395,499 (AED 2,749 per sqft)Sold, December 2022: AED 4,395,499 (AED 2,749 per sqft)

5009 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5009, 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, April 2024: AED 265,000 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 5009 sits

All 216 3-beds →

5009 last sold in December 2022 at AED 2,749 per sqft, in line with what three-beds in Forte Tower 1 were fetching at the time (AED 2,717). 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. 5009's AED 265,000 is in the upper 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 50th floor

All 573 units in Forte Tower 1
Value
50012-bedAED 2.3M · Aug 2015
50022-bedAED 2.9M · Sep 2024
50032-bedAED 3.33M · May 2025
50042-bedAED 2.57M · Feb 2023
50052-bedAED 2.9M · May 2024
5006AED 4.8M · Aug 2025
50073-bedAED 4.2M · Jan 2023
1–7 of 8

5009, Forte Tower 1 in numbers

  • Sold twice: first on 27 April 2022 for AED 4,395,499, last on 21 December 2022 for AED 4,395,499 (AED 2,749 per sqft).
  • Rented since April 2024 on one Ejari contract, at AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 31,100 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 27 April 2024.

Questions about 5009, Forte Tower 1

What did unit 5009 last sell for?

AED 4,395,499 on 21 December 2022: AED 2,749 per sqft for 1,598 sqft. The unit has 2 registered sales; the first was AED 4,395,499 in April 2022.

What is the rent for unit 5009?

AED 265,000 a year on the contract signed on 27 April 2024.

How big is unit 5009?

1,598 sqft (148.5 sqm): a three-bedroom apartment on the 50th floor of a 71-storey tower completed in 2022.

What is unit 5009 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 5009, Forte Tower 1

Starts from the last sale price (AED 4.4M, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,395,499
Deposit, UAE resident (20%)
AED 879,100
Deposit, non-resident (40%)
AED 1,758,200
Monthly over 25 years at 3.7%
AED 17,983

Plus AED 189,621 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →