2-bed · 1,097 sqftForte Tower 1, Downtown Dubai · 55th floor · completed 2022

5502, Forte Tower 1

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5502 · DLD and Ejari recordsUpdated 5 April 2023
Last soldAED 2.3M5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5502, Forte Tower 1

What is 5502 worth today?

Last sold for AED 2,300,000 in 2023

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5 Apr 2023SoldOff-plan
AED 2,300,000AED 2,097 per sqft
28 Aug 2017Sold by developerOff-plan
AED 2,283,888AED 2,108 per sqft

Source: Dubai Land Department. Updated 5 April 2023.

Key facts

Type
2-bed apartment
Size
1,097 sqft
Floor
55th of 71
Parking
B3-55
Developer
Emaar
Completed
2022
Service charge
AED 21,400 /yr
Last sold
AED 2.3M · April 2023

About 5502, Forte Tower 1

5502 is a two-bedroom apartment of 1,097 sqft on the 55th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 5 April 2023 for AED 2,300,000, or AED 2,097 per sqft, in line with the AED 2,152 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5502 over time

Sales
Unit 5502, 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 2017: AED 2,283,888 (AED 2,108 per sqft)Sold, April 2023: AED 2,300,000 (AED 2,097 per sqft)

5502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5502, 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 5502 sits

All 284 2-beds →

5502 last sold in April 2023 at AED 2,097 per sqft, in line with what two-beds in Forte Tower 1 were fetching at the time (AED 2,152). 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 55th floor

All 573 units in Forte Tower 1
Value
55012-bedAED 2.37M · Sep 2017
55032-bedAED 2.3M · Sep 2017
5504AED 3.48M · Mar 2025
55053-bedAED 4.77M · Oct 2021
55063-bedAED 4.76M · May 2019
55073-bedAED 5.55M · Apr 2024
55083-bedAED 3.99M · Dec 2022

5502, Forte Tower 1 in numbers

  • Sold twice: first on 28 August 2017 for AED 2,283,888, last on 5 April 2023 for AED 2,300,000 (AED 2,097 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 5 April 2023.

Questions about 5502, Forte Tower 1

What did unit 5502 last sell for?

AED 2,300,000 on 5 April 2023: AED 2,097 per sqft for 1,097 sqft. The unit has 2 registered sales; the first was AED 2,283,888 in August 2017.

How big is unit 5502?

1,097 sqft (101.9 sqm): a two-bedroom apartment on the 55th floor of a 71-storey tower completed in 2022.

What is unit 5502 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 5502, Forte Tower 1

Starts from the last sale price (AED 2.3M, 5 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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