1-bed · 841 sqftFortunato, Jumeirah Village Circle (JVC) · 1st floor · completed 2014

111, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 635K13 August 2009
Current rentAED 45K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Fortunato

What is 111 worth today?

Last sold for AED 634,500 in 2009

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1 Jun 2023RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
1 Jun 2022RentedRenewal
AED 37,000/yr12 months · AED 44 per sqft
1 Jun 2021RentedNew contract
AED 35,000/yr12 months · AED 42 per sqft
15 Oct 2017RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
13 Aug 2009Sold by developerOff-plan
AED 634,500AED 754 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
1st of 4
Parking
B-107
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 635K · August 2009
Building
Fortunato

About 111, Fortunato

111 is a one-bedroom apartment of 841 sqft on the 1st floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. The developer sold it on 13 August 2009 for AED 634,500, or AED 754 per sqft, in line with the AED 733 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 45,000 a year: a gross yield of 7.1% on the 2009 price, before the service charge of about AED 8,600 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Fortunato
500K750K2009201420192024Typical sale price by year: 2009 AED 632,250; 2013 AED 447,616; 2014 AED 645,600; 2015 AED 800,000; 2016 AED 565,000; 2017 AED 710,000; 2018 AED 564,700; 2019 AED 536,500; 2020 AED 485,000; 2021 AED 499,999; 2022 AED 568,000; 2023 AED 650,000; 2024 AED 735,000; 2025 AED 850,000; 2026 AED 900,000Sold by developer, August 2009: AED 634,500 (AED 754 per sqft)

111 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 111, each contractTypical one-bed in Fortunato
40K60K20152018202120242027Typical rent by year: 2015 AED 72,000; 2016 AED 70,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 38,750; 2022 AED 43,500; 2023 AED 53,000; 2024 AED 59,000; 2025 AED 65,000; 2026 AED 65,000New contract, October 2017: AED 60,000 a yearNew contract, June 2021: AED 35,000 a yearRenewal, June 2022: AED 37,000 a yearRenewal, June 2023: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Fortunato, and where 111 sits

All 152 1-beds →

111 last sold in August 2009 at AED 754 per sqft, in line with what one-beds in Fortunato were fetching at the time (AED 733). Over the last 12 months one-beds sold for AED 650,000 to 1,000,000, around AED 837 per sqft, and rent for AED 25,000 to 100,000 a year. 111's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026850,000
6 Oct 2026900,000
19 Jun 2026780,000
15 May 2026650,000
8 1-bed sales in the last 12 months

Fortunato

Building

325 apartments, studios to 4-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2014 by Al Tajir Real Estate. 18 sold in the last 12 months.

Typical price per sqft
AED 869 Up 3.3%
Typical sale
AED 950K
Typical rent
AED 65K /yr
Typical yield
8.4%
Fortunato, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 325 units in Fortunato
Value
1011-bedAED 567K · Apr 2014
1021-bedAED 675K · Sep 2023
1031-bedAED 750K · Feb 2025
1041-bedAED 628K · Aug 2009
1051-bedAED 720K · May 2024
1061-bedAED 500K · Apr 2021
1071-bedAED 540K · Feb 2021
1–7 of 28

111, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 13 August 2009 for AED 634,500, or AED 754 per sqft.
  • Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 45,000 by June 2023.
  • At AED 45,000 a year the gross yield on the 2009 price is 7.1%, before a service charge of about AED 8,600 a year (AED 10.28 per sqft).
  • One-beds in Fortunato sold for AED 650,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 869 per sqft.

Source: Dubai Land Department. Updated 1 June 2023.

Questions about 111, Fortunato

What did unit 111 last sell for?

AED 634,500 on 13 August 2009, sold by the developer: AED 754 per sqft for 841 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 45,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 37,000; the unit has been rented since October 2017.

How big is unit 111?

841 sqft (78.1 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2014.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fortunato sold for AED 650,000 to 1,000,000 in the last 12 months, around AED 837 per sqft.

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Mortgage on 111, Fortunato

Starts from the last sale price (AED 635K, 13 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 634,500
Deposit, UAE resident (20%)
AED 126,900
Deposit, non-resident (40%)
AED 253,800
Monthly over 25 years at 3.7%
AED 2,596

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →