FORTE
ResaleDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
9 years 4 months ago01-09-2016
Handover
3 years 1 month ago29-11-2022
Status
CompleteFinished
Project Description
THE PROJECT CONSIST OF 5 BASEMENTS, WITH 5 PODIUM LEVEL, AND TWO TOWERS (G+72 LEVELS) TOWER 1 (G+43 LEVELS). TOWER 2 LOCATED IN BURJ HALIFA COMMUINTY
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 2,924/sqft
Last 12M:AED 2,929/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%
GrowthLast 12M:AED 2,929/sqft
Prior Year:AED 2,639/sqft
Community Compare: Last 90DDownTown Dubai
Premium+3%
Above AvgProject:AED 2,901/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
93Sold (Last 12M)
Supply & Demand Matrix
FORTE averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
160 units
5 sold155 left
3%
Velocity
2 Bedrooms
432 units
51 sold381 left
12%
Velocity
3 Bedrooms
315 units
36 sold279 left
11%
Velocity
4 Bedrooms
11 units
1 sold10 left
9%
Velocity
Shop
9 units
0 sold9 left
0%
Velocity
Layouts & Units (927)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-38 | Inventory 160units 37 layouts · Typically 1 parking 5-28 sqm balcony | Size Range 169-1,117sqft | Price Range AED 1.4M - AED 2.7M | Avg PSF 2,089 | Sales 28 | Trend — | |
Asset Class 2 Bed FlatFloors 1-66 | Inventory 432units 41 layouts · Typically 1 parking 5-32 sqm balcony | Size Range 277-1,553sqft | Price Range AED 2.0M - AED 3.7M | Avg PSF 2,132 | Sales 120 | Trend — | |
Asset Class 3 Bed FlatFloors 1-66 | Inventory 315units 17 layouts · Typically 2 parking 8-97 sqm balcony | Size Range 781-2,583sqft | Price Range AED 3.0M - AED 5.9M | Avg PSF 2,574 | Sales 63 | Trend — | |
Asset Class 4 Bed FlatFloors 40-71 | Inventory 11units 3 layouts · Typically 2 parking 14-35 sqm balcony | Size Range 2,256-4,897sqft | Price Range AED 8.5M - AED 8.5M | Avg PSF 2,397 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 9units 9 layouts · Typically 3.3 parking | Size Range 1,743-4,442sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 927 units