PropertyIndex

Forte

Completed · Q4 2022|1,092 units · 2 towers · 1 podium

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Forte is a completed apartment development by EMAAR DEVELOPMENT P.J.S.C. in Downtown Dubai, Burj Khalifa, comprising 1,092 registered units. 1,525 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,837 per sqft. At AED 2,837 per sqft, Forte prices 7% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 0.6% YoY
3.53MAED
Typical
2,837AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
1,525
DLD · all time
Rent contracts
1,429
Ejari · all time
Forte

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
42 – 4,442 sqft
1,0923.53M2,8370.6%177K5.0%
Residential
1 Bed · Apartment
601 – 1,106 sqft
160
2 Bed · Apartment
980 – 1,551 sqft
432
3 Bed · Apartment
1,532 – 2,527 sqft
315
4 Bed · Apartment
2,256 – 2,652 sqft
11
Commercial
Shop
1,743 – 4,442 sqft
9
Store
42 – 178 sqft
165
Sales — Project-Wide1,525 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 203 sales
Floors 1-31 · 106 sales
Floors 32-69 · 97 sales
T1 · 141 sales
Floors 1-31 · 56 sales
Floors 32-69 · 85 sales
T2 · 62 sales
Floors 1-31 · 50 sales
Floors 32-69 · 12 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
14 Aug 20263 BedT1 · Floor 651,6464,950,0003,007-6.6%StandardStandard Sale
6 Aug 20262 BedT1 · Floor 551,1113,330,0002,997-4.3%PremiumStandard Sale
6 Aug 20263 BedT1 · Floor 351,5684,600,0002,934+6.9%StandardStandard Sale
Rentals — Project-Wide1,429 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 973 rentals
Floors 1-40 · 746 rentals
Floors 41-71 · 227 rentals
T1 · 555 rentals
Floors 1-40 · 332 rentals
Floors 41-71 · 223 rentals
T2 · 418 rentals
Floors 1-40 · 414 rentals
Floors 41-71
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
5 Aug 20273 Bed1,588210,000132Standardrenewal
1 Sep 20262 Bed1,065120,000113Entry Levelnew
20 Aug 20262 Bed1,179180,000153Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Forte

Answered from Dubai Land Department registered transactions.

How much does a property in Forte cost?

Property in Forte sells at a current PIX© price of AED 2,837 per sqft, or about AED 3,529,243 for a typical unit, based on 1,525 sales registered with the Dubai Land Department.

Is Forte completed?

Yes. Forte is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Forte?

Forte is developed by EMAAR DEVELOPMENT P.J.S.C., the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Forte?

Forte yields 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 1,429 registered Ejari contracts.

How many units are in Forte?

Forte holds 1,092 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in Forte gone up or down?

Price per sqft has fallen -0.6% over the last 12 months, to AED 2,837, across 1,525 registered sales.