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Studio · 426 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

231, Fortunato

Sold prices and rental history: sold twice, last in October 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 231 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 410K28 October 2018
Current rentAED 45K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 231, Fortunato

What is 231 worth today?

Last sold for AED 410,000 in 2018

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25 May 2026RentedRenewal
AED 44,500/yr12 months · AED 105 per sqft
25 May 2025RentedRenewal
AED 42,000/yr12 months · AED 99 per sqft
25 May 2025RentedRenewal
AED 42,000/yr12 months · AED 99 per sqft
25 May 2024RentedNew contract
AED 42,000/yr12 months · AED 99 per sqft
1 May 2023RentedNew contract
AED 33,000/yr12 months · AED 78 per sqft
1 May 2022RentedRenewal
AED 31,000/yr12 months · AED 72 per sqft
1 May 2021RentedRenewal
AED 31,000/yr12 months · AED 72 per sqft
1 May 2020RentedRenewal
AED 34,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
2nd of 4
Parking
B-301
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 4,400 /yr
Last sold
AED 410K · October 2018
Building
Fortunato

About 231, Fortunato

231 is a studio of 426 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 28 October 2018 for AED 410,000, or AED 963 per sqft, in line with the AED 963 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 44,500 a year: a gross yield of 10.8% on the 2018 price, before the service charge of about AED 4,400 a year.

Sales and rents for 231 over time

Sales
Unit 231, 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 301,280 (AED 707 per sqft)Sold, October 2018: AED 410,000 (AED 963 per sqft)

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

Rents
Unit 231, 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 42,000New contract, May 2019: AED 34,000 a yearRenewal, May 2020: AED 34,000 a yearRenewal, May 2021: AED 31,000 a yearRenewal, May 2022: AED 31,000 a yearNew contract, May 2023: AED 33,000 a yearNew contract, May 2024: AED 42,000 a yearRenewal, May 2025: AED 42,000 a yearRenewal, May 2025: AED 42,000 a yearRenewal, May 2026: AED 44,500 a year

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

Studios in Fortunato, and where 231 sits

All 48 studios →

231 last sold in October 2018 at AED 963 per sqft, in line with what studios in Fortunato were fetching at the time (AED 963). 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. 231's AED 44,500 is in the lower half of that range.

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 2nd floor

All 325 units in Fortunato
Value
2011-bedAED 380K · Dec 2022
2021-bedAED 480K · Jul 2015
2032-bedAED 1M · Jun 2023
204StudioAED 497K · Nov 2025
2052-bedAED 1.26M · Jun 2015
2061-bedAED 600K · Jun 2023
2071-bedAED 593K · Aug 2009
1–7 of 87

231, Fortunato in numbers

  • Sold twice: first on 13 August 2009 for AED 301,280, last on 28 October 2018 for AED 410,000 (AED 963 per sqft).
  • Rented since May 2019 on 9 Ejari contracts, from AED 34,000 to AED 44,500 a year.
  • At AED 44,500 a year the gross yield on the 2018 price is 10.8%, before a service charge of about AED 4,400 a year (AED 10.28 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 25 May 2026.

Questions about 231, Fortunato

What did unit 231 last sell for?

AED 410,000 on 28 October 2018: AED 963 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 301,280 in August 2009.

What is the rent for unit 231?

AED 44,500 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 42,000; the unit has been rented since May 2019.

How big is unit 231?

426 sqft (39.6 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 231 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 231, Fortunato

Starts from the last sale price (AED 410K, 28 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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