506, Forte Tower 1
Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Forte Tower 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 18 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,029 sqft
- Floor
- 5th of 71
- Parking
- L2-398
- Developer
- Emaar
- Completed
- 2022
- Service charge
- AED 20,000 /yr
- Last sold
- AED 2.55M · July 2024
- Building
- Forte Tower 1
About 506, Forte Tower 1
506 is a one-bedroom apartment of 1,029 sqft on the 5th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 18 July 2024 for AED 2,550,000, or AED 2,477 per sqft, 9% below the AED 2,713 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 30 1-beds →506 last sold in July 2024 at AED 2,477 per sqft, 9% below what one-beds in Forte Tower 1 were fetching at the time (AED 2,713).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202517 February 2025 | 678 sqft | 2,100,000 | 3,097 | ||
| 30 Dec 202430 December 2024 | 1,029 sqft | 2,570,000 | 2,496 | ||
| 19 Nov 202419 November 2024 | 1,106 sqft | 2,670,000 | 2,414 | ||
| 3 Sep 20243 September 2024 | 1,029 sqft | 1,800,000 | 1,748 |
Forte Tower 1
Building573 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%
Other units on the 5th floor
All 573 units in Forte Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,084 sqft | AED 2.04MAED 2,039,888 · Nov 2019November 2019 | ||
| 502 | 1,106 sqft | AED 2.69MAED 2,685,000 · Oct 2025October 2025 | |||
| 503 | 2-bed | 1,075 sqft | AED 2.05MAED 2,052,888 · Apr 2019April 2019 | ||
| 504 | 1-bed | 678 sqft | AED 2.1MAED 2,100,000 · Feb 2025February 2025 | 125,000 /yr | |
| 505 | 2-bed | 981 sqft | AED 2.6MAED 2,600,000 · Jun 2025June 2025 | 165,000 /yr | |
| 507 | 2-bed | 1,095 sqft | AED 2.92MAED 2,920,000 · Jan 2025January 2025 | 160,000 /yr |
506, Forte Tower 1 in numbers
- Sold twice: first on 19 May 2022 for AED 2,079,571, last on 18 July 2024 for AED 2,550,000 (AED 2,477 per sqft).
Source: Dubai Land Department. Updated 18 July 2024.
Questions about 506, Forte Tower 1
What did unit 506 last sell for?
AED 2,550,000 on 18 July 2024: AED 2,477 per sqft for 1,029 sqft. The unit has 2 registered sales; the first was AED 2,079,571 in May 2022.
How big is unit 506?
1,029 sqft (95.6 sqm): a one-bedroom apartment on the 5th floor of a 71-storey tower completed in 2022.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 506? Put it on the OpenOffers board
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Mortgage on 506, Forte Tower 1
Starts from the last sale price (AED 2.55M, 18 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →