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1-bed · 1,008 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

242, Fortunato

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 242 · DLD and Ejari recordsUpdated 8 March 2026
Last soldAED 830K12 January 2015
Current rentAED 65K /yr8 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 242, Fortunato

What is 242 worth today?

Last sold for AED 830,000 in 2015

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8 Mar 2026RentedRenewal
AED 65,000/yr12 months · AED 65 per sqft
8 Mar 2025RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft
8 Mar 2025RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft
1 Feb 2023RentedNew contract
AED 58,000/yr12 months · AED 58 per sqft
10 Nov 2021RentedRenewal
AED 38,000/yr12 months · AED 38 per sqft
10 Nov 2020RentedNew contract
AED 38,000/yr12 months · AED 38 per sqft
5 Nov 2019RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
1 Sep 2017RentedNew contract
AED 68,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 8 March 2026.

Key facts

Type
1-bed apartment
Size
1,008 sqft
Floor
2nd of 4
Parking
B-239
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 10,400 /yr
Last sold
AED 830K · January 2015
Building
Fortunato

About 242, Fortunato

242 is a one-bedroom apartment of 1,008 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 12 January 2015 for AED 830,000, or AED 823 per sqft, 7% above the AED 771 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 8 March 2026, is AED 65,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 10,400 a year.

Sales and rents for 242 over time

Sales
Unit 242, each saleTypical one-bed in Fortunato
500K750K2009201420192024Typical sale price by year: 2009 AED 632,250; 2013 AED 447,616; 2014 AED 645,600; 2015 AED 800,000; 2016 AED 565,000; 2017 AED 710,000; 2018 AED 564,700; 2019 AED 536,500; 2020 AED 485,000; 2021 AED 499,999; 2022 AED 568,000; 2023 AED 650,000; 2024 AED 735,000; 2025 AED 850,000; 2026 AED 900,000Sold by developer, August 2009: AED 779,240 (AED 773 per sqft)Sold, January 2015: AED 830,000 (AED 823 per sqft)

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

Rents
Unit 242, each contractTypical one-bed in Fortunato
40K60K20152018202120242027Typical rent by year: 2015 AED 72,000; 2016 AED 70,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 38,750; 2022 AED 43,500; 2023 AED 53,000; 2024 AED 59,000; 2025 AED 65,000; 2026 AED 65,000New contract, September 2017: AED 68,000 a yearNew contract, November 2019: AED 45,000 a yearNew contract, November 2020: AED 38,000 a yearRenewal, November 2021: AED 38,000 a yearNew contract, February 2023: AED 58,000 a yearNew contract, March 2025: AED 65,000 a yearNew contract, March 2025: AED 65,000 a yearRenewal, March 2026: AED 65,000 a year

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

1-beds in Fortunato, and where 242 sits

All 152 1-beds →

242 last sold in January 2015 at AED 823 per sqft, 7% above what one-beds in Fortunato were fetching at the time (AED 771). Over the last 12 months one-beds sold for AED 650,000 to 1,000,000, around AED 837 per sqft, and rent for AED 25,000 to 100,000 a year. 242's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026850,000
6 Oct 2026900,000
19 Jun 2026780,000
15 May 2026650,000
8 1-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

242, Fortunato in numbers

  • Sold twice: first on 16 August 2009 for AED 779,240, last on 12 January 2015 for AED 830,000 (AED 823 per sqft).
  • Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 68,000 to AED 38,000 in 2021 and recovered to AED 65,000 by March 2026.
  • At AED 65,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 10,400 a year (AED 10.28 per sqft).
  • One-beds in Fortunato sold for AED 650,000–1,000,000 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 March 2026.

Questions about 242, Fortunato

What did unit 242 last sell for?

AED 830,000 on 12 January 2015: AED 823 per sqft for 1,008 sqft. The unit has 2 registered sales; the first was AED 779,240 in August 2009.

What is the rent for unit 242?

AED 65,000 a year on the contract renewed on 8 March 2026. The previous contract, from March 2025, was AED 65,000; the unit has been rented since September 2017.

How big is unit 242?

1,008 sqft (93.6 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 242 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fortunato sold for AED 650,000 to 1,000,000 in the last 12 months, around AED 837 per sqft.

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Mortgage on 242, Fortunato

Starts from the last sale price (AED 830K, 12 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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