3-bed · 1,645 sqftForte Tower 1, Downtown Dubai · 7th floor · completed 2022

708, Forte Tower 1

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

Unit 708 · DLD and Ejari recordsUpdated 3 January 2023
Last soldAED 5M3 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Forte Tower 1

What is 708 worth today?

Last sold for AED 5,000,000 in 2023

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3 Jan 2023SoldOff-plan
AED 5,000,000AED 3,039 per sqft
11 Aug 2015Sold by developerOff-plan
AED 3,875,888AED 2,390 per sqft

Source: Dubai Land Department. Updated 3 January 2023.

Key facts

Type
3-bed apartment
Size
1,645 sqft
Floor
7th of 71
Parking
2
Developer
Emaar
Completed
2022
Service charge
AED 32,000 /yr
Last sold
AED 5M · January 2023

About 708, Forte Tower 1

708 is a three-bedroom apartment of 1,645 sqft on the 7th floor of Forte Tower 1, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 3 January 2023 for AED 5,000,000, or AED 3,039 per sqft, 14% above the AED 2,660 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, 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, August 2015: AED 3,875,888 (AED 2,390 per sqft)Sold, January 2023: AED 5,000,000 (AED 3,039 per sqft)

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

Rents
Unit 708, each contractTypical three-bed in Forte Tower 1
250K300K2024202520262027Typical rent by year: 2024 AED 250,000; 2025 AED 260,000; 2026 AED 311,250

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 708 sits

All 216 3-beds →

708 last sold in January 2023 at AED 3,039 per sqft, 14% above what three-beds in Forte Tower 1 were fetching at the time (AED 2,660). 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.

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 7th floor

All 573 units in Forte Tower 1
Value
7012-bedAED 2.13M · Aug 2015
7022-bedAED 2.07M · Apr 2016
7032-bedAED 2.1M · Apr 2016
7042-bedAED 3M · Jan 2025
7052-bedAED 2.8M · Jan 2026
7063-bedAED 3.83M · Aug 2015
7073-bedAED 4.52M · Mar 2022
1–7 of 8

708, Forte Tower 1 in numbers

  • Sold twice: first on 11 August 2015 for AED 3,875,888, last on 3 January 2023 for AED 5,000,000 (AED 3,039 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 3 January 2023.

Questions about 708, Forte Tower 1

What did unit 708 last sell for?

AED 5,000,000 on 3 January 2023: AED 3,039 per sqft for 1,645 sqft. The unit has 2 registered sales; the first was AED 3,875,888 in August 2015.

How big is unit 708?

1,645 sqft (152.8 sqm): a three-bedroom apartment on the 7th floor of a 71-storey tower completed in 2022.

What is unit 708 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 708, Forte Tower 1

Starts from the last sale price (AED 5M, 3 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →