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Studio · 426 sqftFortunato, Jumeirah Village Circle (JVC) · 1st floor · completed 2014

124, Fortunato

Sold prices and rental history: sold twice, last in August 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 20 August 2014
Last soldAED 510K20 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Fortunato

What is 124 worth today?

Last sold for AED 510,000 in 2014

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20 Aug 2014SoldOff-plan
AED 510,000AED 1,197 per sqft
14 Aug 2009Sold by developerOff-plan
AED 300,000AED 704 per sqft

Source: Dubai Land Department. Updated 20 August 2014.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
1st of 4
Parking
B-175
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 4,400 /yr
Last sold
AED 510K · August 2014
Building
Fortunato

About 124, Fortunato

124 is a studio of 426 sqft on the 1st floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. It last sold on 20 August 2014 for AED 510,000, or AED 1,197 per sqft, 57% above the AED 763 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical studio in Fortunato
400K2009201420192024Typical sale price by year: 2009 AED 395,000; 2013 AED 289,982; 2014 AED 490,000; 2015 AED 540,000; 2016 AED 490,000; 2017 AED 510,000; 2018 AED 410,000; 2019 AED 385,000; 2024 AED 455,000; 2025 AED 498,500Sold by developer, August 2009: AED 300,000 (AED 704 per sqft)Sold, August 2014: AED 510,000 (AED 1,197 per sqft)

124 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 124, each contractTypical studio in Fortunato
20K40K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 46,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 27,750; 2021 AED 24,500; 2022 AED 27,950; 2023 AED 32,000; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 42,000

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

Studios in Fortunato, and where 124 sits

All 48 studios →

124 last sold in August 2014 at AED 1,197 per sqft, 57% above what studios in Fortunato were fetching at the time (AED 763). Over the last 12 months studios sold for AED 497,000 to 550,000, around AED 1,120 per sqft, and rent for AED 35,807 to 60,000 a year.

Recent studio salesUnit no.Price (AED)Summary
22 Jun 202618,955
29 Jan 2026550,000
10 Nov 2025497,000
15 Aug 2025530,000
3 studio 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

124, Fortunato in numbers

  • Sold twice: first on 14 August 2009 for AED 300,000, last on 20 August 2014 for AED 510,000 (AED 1,197 per sqft).
  • Studios in Fortunato sold for AED 497,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 869 per sqft.

Source: Dubai Land Department. Updated 20 August 2014.

Questions about 124, Fortunato

What did unit 124 last sell for?

AED 510,000 on 20 August 2014: AED 1,197 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 300,000 in August 2009.

How big is unit 124?

426 sqft (39.6 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Fortunato sold for AED 497,000 to 550,000 in the last 12 months, around AED 1,120 per sqft.

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Mortgage on 124, Fortunato

Starts from the last sale price (AED 510K, 20 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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