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2-bed · 1,142 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

232, Fortunato

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 232 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.2M1 May 2025
Current rentAED 60K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 232, Fortunato

What is 232 worth today?

Last sold for AED 1,200,000 in 2025

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1 May 2025SoldReady
AED 1,200,000AED 1,050 per sqft
15 Aug 2024RentedRenewal
AED 60,000/yr12 months · AED 53 per sqft
15 Aug 2023RentedRenewal
AED 52,000/yr12 months · AED 46 per sqft
15 Aug 2022RentedRenewal
AED 48,000/yr12 months · AED 42 per sqft
15 Aug 2021RentedRenewal
AED 46,000/yr12 months · AED 40 per sqft
15 Aug 2020RentedNew contract
AED 46,000/yr12 months · AED 40 per sqft
1 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft
1 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,142 sqft
Floor
2nd of 4
Parking
B-280
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 11,700 /yr
Last sold
AED 1.2M · May 2025
Building
Fortunato

About 232, Fortunato

232 is a two-bedroom apartment of 1,142 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 1 May 2025 for AED 1,200,000, or AED 1,050 per sqft, 35% above the AED 775 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 60,000 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 11,700 a year.

Sales and rents for 232 over time

Sales
Unit 232, 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 824,108 (AED 721 per sqft)Sold, May 2025: AED 1,200,000 (AED 1,050 per sqft)

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

Rents
Unit 232, 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, December 2017: AED 75,000 a yearNew contract, January 2020: AED 55,000 a yearNew contract, August 2020: AED 46,000 a yearRenewal, August 2021: AED 46,000 a yearRenewal, August 2022: AED 48,000 a yearRenewal, August 2023: AED 52,000 a yearRenewal, August 2024: AED 60,000 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 232 sits

All 82 2-beds →

232 last sold in May 2025 at AED 1,050 per sqft, 35% above what two-beds in Fortunato were fetching at the time (AED 775). 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. 232's AED 60,000 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
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

232, Fortunato in numbers

  • Sold twice: first on 14 August 2009 for AED 824,108, last on 1 May 2025 for AED 1,200,000 (AED 1,050 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 46,000 in 2021 and recovered to AED 60,000 by August 2024.
  • At AED 60,000 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 11,700 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 1 May 2025.

Questions about 232, Fortunato

What did unit 232 last sell for?

AED 1,200,000 on 1 May 2025: AED 1,050 per sqft for 1,142 sqft. The unit has 2 registered sales; the first was AED 824,108 in August 2009.

What is the rent for unit 232?

AED 60,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 52,000; the unit has been rented since December 2017.

How big is unit 232?

1,142 sqft (106.1 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 232 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.

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Mortgage on 232, Fortunato

Starts from the last sale price (AED 1.2M, 1 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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