2-bed · 1,190 sqftForte Tower 2, Downtown Dubai · 15th floor · completed 2022

1506, Forte Tower 2

Sold prices and rental history: sold 3 times, 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 1506 · DLD and Ejari recordsUpdated 17 January 2023
Last soldAED 2.55M17 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Forte Tower 2

What is 1506 worth today?

Last sold for AED 2,550,000 in 2023

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17 Jan 2023SoldOff-plan
AED 2,550,000AED 2,142 per sqft
21 Feb 2021SoldOff-plan
AED 2,100,000AED 1,764 per sqft
17 May 2016Sold by developerOff-plan
AED 2,722,888AED 2,287 per sqft

Source: Dubai Land Department. Updated 17 January 2023.

Key facts

Type
2-bed apartment
Size
1,190 sqft
Floor
15th of 42
Parking
B4-14
Developer
Emaar
Completed
2022
Service charge
AED 23,200 /yr
Last sold
AED 2.55M · January 2023

About 1506, Forte Tower 2

1506 is a two-bedroom apartment of 1,190 sqft on the 15th floor of Forte Tower 2, a 42-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 17 January 2023 for AED 2,550,000, or AED 2,142 per sqft, 7% below the AED 2,291 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical two-bed in Forte Tower 2
2M3M2016201920222025Typical sale price by year: 2016 AED 2,504,888; 2017 AED 2,819,888; 2018 AED 2,311,888; 2019 AED 2,322,388; 2020 AED 1,759,632; 2021 AED 2,100,000; 2022 AED 3,094,190; 2023 AED 2,750,000; 2024 AED 3,000,000; 2025 AED 3,155,000Sold by developer, May 2016: AED 2,722,888 (AED 2,287 per sqft)Sold, February 2021: AED 2,100,000 (AED 1,764 per sqft)Sold, January 2023: AED 2,550,000 (AED 2,142 per sqft)

1506 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in Forte Tower 2
180K190K200K2024202520262027Typical rent by year: 2024 AED 176,315; 2025 AED 180,000; 2026 AED 197,500

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 2, and where 1506 sits

All 123 2-beds →

1506 last sold in January 2023 at AED 2,142 per sqft, 7% below what two-beds in Forte Tower 2 were fetching at the time (AED 2,291). Over the last 12 months two-beds sold for AED 1,147,444 to 3,500,000, around AED 2,764 per sqft, and rent for AED 109,000 to 324,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20261,147,444
15 Jan 20263,270,000
16 Dec 20253,210,000
12 Dec 20253,500,000
6 2-bed sales in the last 12 months

Forte Tower 2

Building

345 apartments, 1-bed to 4-bed over 42 floors in Downtown Dubai, completed in 2022 by Emaar. 18 sold in the last 12 months.

Typical price per sqft
AED 3,018 Up 7.8%
Typical sale
AED 4M
Typical rent
AED 190K /yr
Typical yield
5.6%
Forte Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 345 units in Forte Tower 2
Value
15012-bedAED 2.27M · Apr 2016
15021-bedAED 1.22M · Jan 2016
15031-bedAED 1.33M · Jul 2016
15041-bedAED 1.38M · Apr 2016
15052-bedAED 2.32M · Nov 2021
15072-bedAED 2.85M · Mar 2016
15083-bedAED 3.51M · May 2019
1–7 of 9

1506, Forte Tower 2 in numbers

  • Sold 3 times: first on 17 May 2016 for AED 2,722,888, last on 17 January 2023 for AED 2,550,000 (AED 2,142 per sqft).
  • Two-beds in Forte Tower 2 sold for AED 1,147,444–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 3,018 per sqft.

Source: Dubai Land Department. Updated 17 January 2023.

Questions about 1506, Forte Tower 2

What did unit 1506 last sell for?

AED 2,550,000 on 17 January 2023: AED 2,142 per sqft for 1,190 sqft. The unit has 3 registered sales; the first was AED 2,722,888 in May 2016.

How big is unit 1506?

1,190 sqft (110.6 sqm): a two-bedroom apartment on the 15th floor of a 42-storey tower completed in 2022.

What is unit 1506 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 2 sold for AED 1,147,444 to 3,500,000 in the last 12 months, around AED 2,764 per sqft.

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Mortgage on 1506, Forte Tower 2

Starts from the last sale price (AED 2.55M, 17 January 2023). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →