Modern 2 Bed | High Floor | Vacant | Apartment in Downtown Dubai
AED 178,000/year

AED 103 per sqft

Permit Pending Verification

Modern 2 Bed | High Floor | Vacant | Apartment in Downtown Dubai

Downtown Dubai, Dubai
Listed 86 days ago
2
Beds
2
Baths
1,723
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Forte 2, Downtown Dubai. This 1723 sqft property offers excellent value at AED 3,420,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views136
Reference0375a374-a397-46d9-85cb-007905379271

Area & Neighborhood Guide

9.5/10
Investment Score
6.8%
Avg. Yield
+15.2%
1Y Growth
Very High
Market
Schools
1
Healthcare
1
Transport
1
Retail
1
Green space
0
Waterfront
0

Nearby Amenities & Landmarks

Dubai Mall
Burj Khalifa
Dubai Opera
Downtown Metro
GEMS Wellington Academy
Mediclinic City Hospital
Souk Al Bahar

Upcoming Developments

Dubai Creek Harbour expansion
New luxury residential towers
Enhanced cultural district

Demographics

75K+
Residents
34
Avg. Age
90%
Expats

Price Transparency

Estimate
This listing
AED 103/sqft
Area benchmark unavailable
Annual rentAED 178,000
Security deposit (est. 5%)AED 8,900
Ejari registrationAED 220
Agency commission (5% one-off)AED 8,900
Est. first-year cash outlayAED 196,020

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Rental Market Comparison

Great Value

Great Rental Value - 12% Below Average

Priced below the area rental average. Good value for Downtown Dubai.

Save AED 2,010/month

Area Avg Rent
AED 117
per sqft/year
This Property
AED 103
12% below avg
Area Yield
6.5%
rental return
Monthly
AED 15K
per month

Investor Insight

Est. Property Value

AED 3.1M

Implied Yield

5.74%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • Updated 2026-02-22

Downtown Dubai Market Intelligence

Full Report
Avg Price/SqftAED 2,678
Active Listings101
Trenddown
Price History (per sqft)
AED 2,639
Dec
AED 2,663
Jan
AED 2,780
Feb
AED 2,636
Mar

Average Price per Sqft by Month

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Rental Cost Analysis

Monthly Rent

AED 14,833

Annual: AED 178,000

AED 103/sqft per year

AED 178,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 8,900
Agency Commission(5% of annual rent)
AED 8,900
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 20,020

Recent Apartment Rental Transactions

Similar apartments rented in Downtown Dubai

AED 155K

Avg. Annual Rent

AED 104.79

Avg. /sqft (yr)

5

Rentals

AED 97K45.4% lower
15 Apr 2026 2 Bed 1,245 sqftAED 78/sqft
Rental Agreement
AED 279K56.5% higher
16 Mar 2026 2 Bed 1,723 sqftAED 162/sqft
Rental Agreement
AED 165K7.4% lower
16 Mar 2026 2 Bed 1,703 sqftAED 97/sqft
Rental Agreement
AED 117K34.3% lower
16 Nov 2025 2 Bed 1,416 sqftAED 83/sqft
Rental Agreement
AED 118K33.9% lower
16 Nov 2025 2 Bed 1,122 sqftAED 105/sqft
Rental Agreement

Transactions shown are for similar apartments in Downtown Dubai. Prices may vary based on floor, view, and finishing.

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