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Studio · 464 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

233, Fortunato

Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 233 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 407K20 March 2014
Current rentAED 40K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 233, Fortunato

What is 233 worth today?

Last sold for AED 406,997 in 2014

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15 Nov 2024RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
3 Nov 2022RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
1 Dec 2019RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
1 Jul 2019RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
25 May 2018RentedNew contract
AED 38,000/yr12 months · AED 82 per sqft
1 May 2017RentedNew contract
AED 46,000/yr12 months · AED 99 per sqft
20 Mar 2014SoldOff-plan
AED 406,997AED 878 per sqft
23 Sep 2013Sold by developerOff-plan
AED 263,351AED 568 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
Studio apartment
Size
464 sqft
Floor
2nd of 4
Parking
B-350
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 4,800 /yr
Last sold
AED 407K · March 2014
Building
Fortunato

About 233, Fortunato

233 is a studio of 464 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 20 March 2014 for AED 406,997, or AED 878 per sqft, 22% above the AED 720 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 November 2024, is AED 40,000 a year: a gross yield of 9.8% on the 2014 price, before the service charge of about AED 4,800 a year.

Sales and rents for 233 over time

Sales
Unit 233, 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, September 2013: AED 263,351 (AED 568 per sqft)Sold, March 2014: AED 406,997 (AED 878 per sqft)

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

Rents
Unit 233, 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 2017: AED 46,000 a yearNew contract, May 2018: AED 38,000 a yearNew contract, July 2019: AED 30,000 a yearNew contract, December 2019: AED 30,000 a yearNew contract, November 2022: AED 32,000 a yearNew contract, November 2024: AED 40,000 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 233 sits

All 48 studios →

233 last sold in March 2014 at AED 878 per sqft, 22% above what studios in Fortunato were fetching at the time (AED 720). 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. 233's AED 40,000 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

233, Fortunato in numbers

  • Sold twice: first on 23 September 2013 for AED 263,351, last on 20 March 2014 for AED 406,997 (AED 878 per sqft).
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 30,000 in 2019 and recovered to AED 40,000 by November 2024.
  • At AED 40,000 a year the gross yield on the 2014 price is 9.8%, before a service charge of about AED 4,800 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 15 November 2024.

Questions about 233, Fortunato

What did unit 233 last sell for?

AED 406,997 on 20 March 2014: AED 878 per sqft for 464 sqft. The unit has 2 registered sales; the first was AED 263,351 in September 2013.

What is the rent for unit 233?

AED 40,000 a year on the contract signed on 15 November 2024. The previous contract, from November 2022, was AED 32,000; the unit has been rented since May 2017.

How big is unit 233?

464 sqft (43.1 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 233 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 233, Fortunato

Starts from the last sale price (AED 407K, 20 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 406,997
Deposit, UAE resident (20%)
AED 81,399
Deposit, non-resident (40%)
AED 162,799
Monthly over 25 years at 3.7%
AED 1,665

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