Home
Dubai prices
About
Research
2-bed · 1,327 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

203, Fortunato

Sold prices and rental history: sold twice, last in June 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 1M8 June 2023
Current rentAED 73K /yr27 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 203

Property timeline for 203, Fortunato

What is 203 worth today?

Last sold for AED 1,000,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Jun 2023SoldReady
AED 1,000,000AED 753 per sqft
27 Dec 2022RentedNew contract
AED 73,000/yr12 months · AED 55 per sqft
5 Nov 2021RentedNew contract
AED 55,000/yr12 months · AED 42 per sqft
13 Aug 2009Sold by developerOff-plan
AED 1,000,000AED 753 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
2nd of 4
Parking
B-232
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 13,600 /yr
Last sold
AED 1M · June 2023
Building
Fortunato

About 203, Fortunato

203 is a two-bedroom apartment of 1,327 sqft on the 2nd floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. It last sold on 8 June 2023 for AED 1,000,000, or AED 753 per sqft, 38% above the AED 544 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 27 December 2022, is AED 73,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 13,600 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Fortunato
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,000,000; 2013 AED 970,680; 2014 AED 1,148,788; 2015 AED 875,000; 2016 AED 1,162,500; 2017 AED 900,000; 2020 AED 910,000; 2022 AED 1,250,000; 2023 AED 1,250,000; 2024 AED 1,550,000; 2025 AED 1,520,000Sold by developer, August 2009: AED 1,000,000 (AED 753 per sqft)Sold, June 2023: AED 1,000,000 (AED 753 per sqft)

203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, each contractTypical two-bed in Fortunato
50K100K20152018202120242027Typical rent by year: 2015 AED 120,000; 2016 AED 120,000; 2017 AED 101,000; 2018 AED 95,000; 2019 AED 82,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 72,765; 2023 AED 82,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 99,350New contract, November 2021: AED 55,000 a yearNew contract, December 2022: AED 73,000 a year

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

2-beds in Fortunato, and where 203 sits

All 82 2-beds →

203 last sold in June 2023 at AED 753 per sqft, 38% above what two-beds in Fortunato were fetching at the time (AED 544). Over the last 12 months two-beds sold for AED 1,350,000 to 1,800,000, around AED 864 per sqft, and rent for AED 45,000 to 147,500 a year. 203's AED 73,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Jun 20261,800,000
8 Apr 20261,350,000
6 Nov 20252,075,000
22 Sep 20252,200,000
2 2-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 2nd floor

All 325 units in Fortunato
Value
2011-bedAED 380K · Dec 2022
2021-bedAED 480K · Jul 2015
204StudioAED 497K · Nov 2025
2052-bedAED 1.26M · Jun 2015
2061-bedAED 600K · Jun 2023
2071-bedAED 593K · Aug 2009
2081-bedAED 600K · Dec 2022
1–7 of 87

203, Fortunato in numbers

  • Sold twice: first on 13 August 2009 for AED 1,000,000, last on 8 June 2023 for AED 1,000,000 (AED 753 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, from AED 55,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 13,600 a year (AED 10.28 per sqft).
  • Two-beds in Fortunato sold for AED 1,350,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 869 per sqft.

Source: Dubai Land Department. Updated 8 June 2023.

Questions about 203, Fortunato

What did unit 203 last sell for?

AED 1,000,000 on 8 June 2023: AED 753 per sqft for 1,327 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in August 2009.

What is the rent for unit 203?

AED 73,000 a year on the contract signed on 27 December 2022. The previous contract, from November 2021, was AED 55,000.

How big is unit 203?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Fortunato sold for AED 1,350,000 to 1,800,000 in the last 12 months, around AED 864 per sqft.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Fortunato

Starts from the last sale price (AED 1M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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