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2-bed · 1,130 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

238, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 238 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 765K14 August 2009
Current rentAED 100K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 238, Fortunato

What is 238 worth today?

Last sold for AED 764,520 in 2009

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1 Jun 2026RentedRenewal
AED 100,000/yr12 months · AED 89 per sqft
1 May 2025RentedNew contract
AED 105,000/yr13 months · AED 93 per sqft
1 May 2025RentedNew contract
AED 105,000/yr13 months · AED 93 per sqft
20 Jan 2024RentedRenewal
AED 56,000/yr9 months · AED 50 per sqft
20 Jan 2023RentedRenewal
AED 54,000/yr12 months · AED 48 per sqft
20 Jan 2022RentedRenewal
AED 50,000/yr12 months · AED 44 per sqft
20 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 44 per sqft
1 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
1,130 sqft
Floor
2nd of 4
Parking
B-264
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 11,600 /yr
Last sold
AED 765K · August 2009
Building
Fortunato

About 238, Fortunato

238 is a two-bedroom apartment of 1,130 sqft on the 2nd floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. The developer sold it on 14 August 2009 for AED 764,520, or AED 676 per sqft, 6% below the AED 716 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 100,000 a year: a gross yield of 13.1% on the 2009 price, before the service charge of about AED 11,600 a year.

Sales and rents for 238 over time

Sales
Unit 238, 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 764,520 (AED 676 per sqft)

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

Rents
Unit 238, 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, August 2015: AED 105,000 a yearNew contract, December 2017: AED 80,000 a yearRenewal, December 2018: AED 80,000 a yearNew contract, October 2019: AED 60,000 a yearNew contract, January 2021: AED 50,000 a yearRenewal, January 2022: AED 50,000 a yearRenewal, January 2023: AED 54,000 a yearRenewal, January 2024: AED 56,000 a yearNew contract, May 2025: AED 105,000 a yearNew contract, May 2025: AED 105,000 a yearRenewal, June 2026: AED 100,000 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 238 sits

All 82 2-beds →

238 last sold in August 2009 at AED 676 per sqft, 6% below what two-beds in Fortunato were fetching at the time (AED 716). 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. 238's AED 100,000 is in the upper 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

238, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 14 August 2009 for AED 764,520, or AED 676 per sqft.
  • Rented since August 2015 on 11 Ejari contracts. The rent fell from AED 105,000 to AED 50,000 in 2022 and recovered to AED 100,000 by June 2026.
  • At AED 100,000 a year the gross yield on the 2009 price is 13.1%, before a service charge of about AED 11,600 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 1 June 2026.

Questions about 238, Fortunato

What did unit 238 last sell for?

AED 764,520 on 14 August 2009, sold by the developer: AED 676 per sqft for 1,130 sqft. It is the only registered sale of the unit.

What is the rent for unit 238?

AED 100,000 a year on the contract renewed on 1 June 2026. The previous contract, from May 2025, was AED 105,000; the unit has been rented since August 2015.

How big is unit 238?

1,130 sqft (105.0 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 238 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 238, Fortunato

Starts from the last sale price (AED 765K, 14 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 764,520
Deposit, UAE resident (20%)
AED 152,904
Deposit, non-resident (40%)
AED 305,808
Monthly over 25 years at 3.7%
AED 3,128

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