FORTE

Ready

DeveloperEMAAR 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

Momentum: Last 90Dvs Last 12M Baseline

Stable

+1%

Growth

Current:AED 2,958/sqft

Last 12M:AED 2,924/sqft

Momentum: Last 12Mvs Prior Year

Rising

+10%

Growth

Last 12M:AED 2,924/sqft

Prior Year:AED 2,650/sqft

Community Compare: Last 90DDownTown Dubai

Premium

+4%

Above Avg

Project:AED 2,918/sqft

Community:AED 2,814/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

94Sold (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

Velocity

2 Bedrooms

432 units

52 sold380 left

12%

Velocity

3 Bedrooms

315 units

36 sold279 left

11%

Velocity

4 Bedrooms

11 units

1 sold10 left

Velocity

Shop

9 units

0 sold9 left

Velocity

Layouts & Units (927)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 58 units	Type Flat	Beds 2 B/R	Size 1,089 sqft	Avg Price AED 2.9M	Last Price AED 3.0M	Last Sold 7 days ago	Sales 15

Units 23 units	Type Flat	Beds 2 B/R	Size 1,133 sqft	Avg Price AED 2.9M	Last Price AED 3.3M	Last Sold 8 days ago	Sales 11

Units 116 units	Type Flat	Beds 2 B/R	Size 1,110 sqft	Avg Price AED 3.0M	Last Price AED 3.4M	Last Sold 14 days ago	Sales 39

Units 58 units	Type Flat	Beds 3 B/R	Size 1,723 sqft	Avg Price AED 5.1M	Last Price AED 5.5M	Last Sold 25 days ago	Sales 15

Units 23 units	Type Flat	Beds 2 B/R	Size 1,179 sqft	Avg Price AED 3.2M	Last Price AED 3.5M	Last Sold about 1 month ago	Sales 8

Units 23 units	Type Flat	Beds 1 B/R	Size 651 sqft	Avg Price AED 2.0M	Last Price AED 2.2M	Last Sold about 1 month ago	Sales 2

Units 23 units	Type Flat	Beds 2 B/R	Size 1,160 sqft	Avg Price AED 2.8M	Last Price AED 3.0M	Last Sold about 2 months ago	Sales 4

Units 23 units	Type Flat	Beds 3 B/R	Size 1,673 sqft	Avg Price AED 4.9M	Last Price AED 5.6M	Last Sold about 2 months ago	Sales 4

Units 39 units	Type Flat	Beds 2 B/R	Size 1,249 sqft	Avg Price AED 3.2M	Last Price AED 3.3M	Last Sold 2 months ago	Sales 9

Units 61 units	Type Flat	Beds 2 B/R	Size 1,096 sqft	Avg Price AED 2.8M	Last Price AED 3.0M	Last Sold 2 months ago	Sales 10

Units 70 units	Type Flat	Beds 3 B/R	Size 1,588 sqft	Avg Price AED 4.9M	Last Price AED 5.3M	Last Sold 2 months ago	Sales 14

Units 8 units	Type Flat	Beds 3 B/R	Size 1,671 sqft	Avg Price AED 5.5M	Last Price AED 5.5M	Last Sold 2 months ago	Sales 1

Units 3 units	Type Flat	Beds 3 B/R	Size 2,256 sqft	Avg Price AED 5.9M	Last Price AED 5.9M	Last Sold 2 months ago	Sales 1

Units 45 units	Type Flat	Beds 2 B/R	Size 1,004 sqft	Avg Price AED 2.8M	Last Price AED 2.9M	Last Sold 2 months ago	Sales 19

Units 63 units	Type Flat	Beds 3 B/R	Size 1,646 sqft	Avg Price AED 4.9M	Last Price AED 5.1M	Last Sold 3 months ago	Sales 17

Units 3 units	Type Flat	Beds 1 B/R	Size 1,106 sqft	Avg Price AED 2.7M	Last Price AED 2.7M	Last Sold 3 months ago	Sales 3

Units 5 units	Type Flat	Beds 2 B/R	Size 980 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold 4 months ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,550 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold 4 months ago	Sales 1

Units 23 units	Type Flat	Beds 1 B/R	Size 697 sqft	Avg Price AED 1.9M	Last Price AED 2.1M	Last Sold 5 months ago	Sales 5

Units 2 units	Type Flat	Beds 2 B/R	Size 1,395 sqft	Avg Price AED 2.7M	Last Price AED 2.7M	Last Sold 6 months ago	Sales 1

Units 45 units	Type Flat	Beds 3 B/R	Size 1,568 sqft	Avg Price AED 4.9M	Last Price AED 5.3M	Last Sold 6 months ago	Sales 10

Units 6 units	Type Flat	Beds 4 B/R	Size 2,427 sqft	Avg Price AED 8.5M	Last Price AED 8.5M	Last Sold 12 months ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 1,029 sqft	Avg Price AED 2.3M	Last Price AED 2.6M	Last Sold about 1 year ago	Sales 3

Units 4 units	Type Flat	Beds 2 B/R	Size 991 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold about 1 year ago	Sales 1

Units 8 units	Type Flat	Beds 1 B/R	Size 691 sqft	Avg Price AED 1.9M	Last Price AED 2.1M	Last Sold over 1 year ago	Sales 3

Units 23 units	Type Flat	Beds 1 B/R	Size 676 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold over 1 year ago	Sales 6

Units 23 units	Type Flat	Beds 1 B/R	Size 615 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold almost 2 years ago	Sales 5

Units 8 units	Type Flat	Beds 1 B/R	Size 713 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold about 2 years ago	Sales 1

Units 23 units	Type Flat	Beds 3 B/R	Size 1,533 sqft	Avg Price AED 4.5M	Last Price AED 4.5M	Last Sold over 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 602 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 604 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 629 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 507	Type Flat	Beds 1 B/R	Size 663 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 671 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 678 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 686 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 700 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 110	Type Flat	Beds 1 B/R	Size 756 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 762 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 302	Type Flat	Beds 1 B/R	Size 790 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 794 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 846 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10 units	Type Flat	Beds 1 B/R	Size 849 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 873 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 935 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 986 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 304	Type Flat	Beds 1 B/R	Size 1,073 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,065 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,075 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 1,083 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Flat	Beds 2 B/R	Size 1,132 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 2 B/R	Size 1,165 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,210 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,232 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,237 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,527 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds 3 B/R	Size 1,532 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 15 units	Type Flat	Beds 3 B/R	Size 1,562 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3108	Type Flat	Beds 3 B/R	Size 2,468 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5405	Type Flat	Beds 3 B/R	Size 2,527 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 4 B/R	Size 2,256 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 4 B/R	Size 2,652 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G02	Type Shop	Beds —	Size 1,743 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Shop	Beds —	Size 1,763 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G09	Type Shop	Beds —	Size 1,964 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G03	Type Shop	Beds —	Size 2,011 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G05	Type Shop	Beds —	Size 2,204 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G06	Type Shop	Beds —	Size 3,259 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G07	Type Shop	Beds —	Size 3,868 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Shop	Beds —	Size 3,987 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G08	Type Shop	Beds —	Size 4,442 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

71 unique layouts covering 927 units