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AL HELAL AL ZAHABY REAL ESTATE DEVELOPMENT L.L.C

Forest City Tower

Under Construction · Date not reported|253 units · 1 tower
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Forest City Tower is an under-construction development by AL HELAL AL ZAHABY REAL ESTATE DEVELOPMENT L.L.C in Majan, comprising 253 registered units. 231 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,351 per sqft. At AED 1,351 per sqft, Forest City Tower prices 5% below the Majan median of AED 1,423 per sqft on registered sales.

PIX© price · ↑2.6% YoY
1.28MAED
Typical
1,351AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
231
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor unknown
…

Land, Forest City Tower

Size
Record
Aug 2016 to Jul 2023
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 35 Jul 20233.2 yrs
Current owner
2Owner 216 Dec 20193.6 yrs
1Owner 13 Aug 20163.4 yrs
PIX© Airbnb Calculator

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Land · Forest City Tower
Occupancy (237 nights)
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Forest City Tower

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 YoY
PIX© Core
Project-Wide
310 - 4,317 sqft
2531.28M1,351↑2.6%
Residential
Studio · Apartment
461 - 468 sqft
28
1 Bed · Apartment
690 - 908 sqft
112
2 Bed · Apartment
1,035 - 1,370 sqft
56
3 Bed · Apartment
1,826 - 1,844 sqft
28
4 Bed · Apartment
4,279 - 4,317 sqft
2-
5 Bed · Apartment
3,611 - 3,614 sqft
2-
Commercial
Shop
310 - 771 sqft
25-
No rental contracts registered - the project has not handed over.
Sales - Project-Wide231 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
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
11 Sep 20261 BedForest City Tower · Floor 1713944,5501,325-StandardOff-Plan Sale
12 Aug 20264 BedForest City Tower · Floor 154,3172,864,197664-StandardOff-Plan Sale
25 Jul 20261 BedForest City Tower · Floor 8709659,166929-Entry LevelOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

Comparable projects in Majan

The closest-priced registered projects in Majan.

Common questions about Forest City Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Forest City Tower cost?

Property in Forest City Tower sells at a current PIX© price of AED 1,351 per sqft, or about AED 1,276,671 for a typical unit, based on 231 sales registered with the Dubai Land Department.

When is Forest City Tower handing over?

Forest City Tower is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Forest City Tower?

Forest City Tower is developed by AL HELAL AL ZAHABY REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Forest City Tower?

Forest City Tower holds 253 registered units, per the Dubai Land Department unit register.

Have prices in Forest City Tower gone up or down?

Price per sqft has risen +2.6% over the last 12 months, to AED 1,351, across 231 registered sales.