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

118, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 118 · DLD and Ejari recordsUpdated 15 May 2024

Last soldAED 582K13 August 2009

Current rentAED 65K /yr15 May 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 118, Fortunato

Today

What is 118 worth today?

Last sold for AED 582,072 in 2009

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15 May 2024

15 May 2024RentedNew contract

AED 65,000/yr12 months · AED 77 per sqft

6 Mar 2022

6 Mar 2022RentedNew contract

AED 38,000/yr12 months · AED 45 per sqft

20 Feb 2021

20 Feb 2021RentedNew contract

AED 34,000/yr12 months · AED 40 per sqft

27 Apr 2017

27 Apr 2017RentedRenewal

AED 68,000/yr12 months · AED 81 per sqft

27 Apr 2016

27 Apr 2016RentedRenewal

AED 68,000/yr12 months · AED 81 per sqft

27 Apr 2015

27 Apr 2015RentedNew contract

AED 68,000/yr12 months · AED 81 per sqft

13 Aug 2009

13 Aug 2009Sold by developerOff-plan

AED 582,072AED 692 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type: 1-bed apartment
Size: 841 sqft
Floor: 1st of 4
Parking: B-277
Developer: Al Tajir Real Estate
Completed: 2014
Service charge: AED 8,600 /yr
Last sold: AED 582K · August 2009
Building: Fortunato

About 118, Fortunato

118 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 582,072, or AED 692 per sqft, 6% below the AED 733 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 May 2024, is AED 65,000 a year: a gross yield of 11.2% on the 2009 price, before the service charge of about AED 8,600 a year.

Sales and rents for 118 over time

Sales

Unit 118, each saleTypical one-bed in Fortunato

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

Rents

Unit 118, each contractTypical one-bed in Fortunato

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 118 sits

All 152 1-beds →

1-beds in Fortunato · last 12 months837 /sqft Fortunato · all types869 /sqft

118 last sold in August 2009 at AED 692 per sqft, 6% below 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. 118's AED 65,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
27 Oct 202627 October 2026	1,100 sqft	850,000	772
6 Oct 20266 October 2026	1,297 sqft	900,000	694
19 Jun 202619 June 2026	846 sqft	780,000	921
15 May 202615 May 2026	625 sqft	650,000	1,039

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


101	1-bed	852 sqft	AED 567KAED 566,800 · Apr 2014April 2014	57,750 /yr
102	1-bed	841 sqft	AED 675KAED 675,000 · Sep 2023September 2023	74,000 /yr
103	1-bed	850 sqft	AED 750KAED 750,000 · Feb 2025February 2025	65,000 /yr
104	1-bed	845 sqft	AED 628KAED 628,425 · Aug 2009August 2009	65,000 /yr
105	1-bed	853 sqft	AED 720KAED 720,000 · May 2024May 2024	68,000 /yr
106	1-bed	854 sqft	AED 500KAED 499,999 · Apr 2021April 2021	65,000 /yr
107	1-bed	854 sqft	AED 540KAED 540,000 · Feb 2021February 2021	49,000 /yr
108	1-bed	679 sqft	AED 508KAED 508,000 · Apr 2014April 2014	45,980 /yr
109	1-bed	854 sqft	AED 641KAED 640,920 · Aug 2009August 2009	63,000 /yr
110	1-bed	853 sqft	AED 615KAED 614,988 · May 2009May 2009
111	1-bed	841 sqft	AED 635KAED 634,500 · Aug 2009August 2009	45,000 /yr
112	1-bed	853 sqft	AED 641KAED 640,920 · Aug 2009August 2009	56,000 /yr
113	1-bed	841 sqft	AED 460KAED 460,000 · Oct 2020October 2020	62,000 /yr
114	1-bed	895 sqft	AED 730KAED 730,000 · Mar 2024March 2024	65,000 /yr
115	1-bed	908 sqft	AED 850KAED 850,000 · Nov 2025November 2025	65,000 /yr
116	1-bed	853 sqft	AED 910KAED 910,000 · Dec 2014December 2014	64,000 /yr
117	1-bed	853 sqft	AED 588KAED 588,136 · Aug 2009August 2009	65,000 /yr
119	1-bed	853 sqft	AED 563KAED 563,017 · Apr 2014April 2014	56,000 /yr
120	1-bed	853 sqft	AED 582KAED 582,072 · Aug 2009August 2009	65,000 /yr
121	1-bed	864 sqft	AED 567KAED 566,800 · Apr 2014April 2014	55,362 /yr
122	1-bed	543 sqft	AED 400KAED 400,000 · May 2009May 2009	46,000 /yr
123	1-bed	532 sqft	AED 530KAED 530,000 · Oct 2023October 2023	55,000 /yr
124	Studio	426 sqft	AED 510KAED 510,000 · Aug 2014August 2014
125	Studio	426 sqft	AED 465KAED 465,000 · Dec 2016December 2016	36,092 /yr
126	1-bed	625 sqft	AED 650KAED 650,000 · May 2026May 2026	65,000 /yr
127	1-bed	610 sqft	AED 300KAED 300,000 · May 2018May 2018	72,000 /yr
128	1-bed	818 sqft	AED 656KAED 656,000 · Sep 2023September 2023	72,000 /yr
129	Studio	426 sqft	AED 308KAED 307,736 · May 2009May 2009	42,000 /yr

1–7 of 28

118, Fortunato in numbers

Sold once: by Al Tajir Real Estate on 13 August 2009 for AED 582,072, or AED 692 per sqft.
Rented since April 2015 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 34,000 in 2021 and recovered to AED 65,000 by May 2024.
At AED 65,000 a year the gross yield on the 2009 price is 11.2%, 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 15 May 2024.

Questions about 118, Fortunato

What did unit 118 last sell for?

AED 582,072 on 13 August 2009, sold by the developer: AED 692 per sqft for 841 sqft. It is the only registered sale of the unit.

What is the rent for unit 118?

AED 65,000 a year on the contract signed on 15 May 2024. The previous contract, from March 2022, was AED 38,000; the unit has been rented since April 2015.

How big is unit 118?

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

What is unit 118 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 118, Fortunato

Starts from the last sale price (AED 582K, 13 August 2009). Switch to today's estimate once you have unlocked it.

Price: AED 582,072
Deposit, UAE resident (20%): AED 116,414
Deposit, non-resident (40%): AED 232,829
Monthly over 25 years at 3.7%: AED 2,381

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