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Studio · 514 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

247, Fortunato

Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 247 · DLD and Ejari recordsUpdated 1 December 2026
Last soldAED 587K24 May 2015
Current rentAED 42K /yr1 December 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 247, Fortunato

What is 247 worth today?

Last sold for AED 587,000 in 2015

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1 Dec 2026RentedRenewal
AED 41,580/yr12 months · AED 81 per sqft
1 Dec 2025RentedNew contract
AED 39,600/yr12 months · AED 77 per sqft
1 Dec 2024RentedNew contract
AED 39,600/yr12 months · AED 77 per sqft
1 Dec 2023RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
24 Sep 2022RentedRenewal
AED 26,000/yr12 months · AED 50 per sqft
24 Sep 2021RentedRenewal
AED 23,000/yr12 months · AED 45 per sqft
24 Sep 2020RentedNew contract
AED 25,000/yr12 months · AED 48 per sqft
10 Aug 2018RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 December 2026.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
2nd of 4
Parking
B-209
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 587K · May 2015
Building
Fortunato

About 247, Fortunato

247 is a studio of 514 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 24 May 2015 for AED 587,000, or AED 1,142 per sqft, 7% above the AED 1,068 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 December 2026, is AED 41,580 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 5,300 a year.

Sales and rents for 247 over time

Sales
Unit 247, each saleTypical studio in Fortunato
400K600K2009201420192024Typical 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, April 2009: AED 395,000 (AED 768 per sqft)Sold, February 2014: AED 500,000 (AED 973 per sqft)Sold, May 2015: AED 587,000 (AED 1,142 per sqft)

247 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 247, each contractTypical studio in Fortunato
20K40K2015201920232027Typical 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, August 2018: AED 45,000 a yearNew contract, September 2020: AED 25,000 a yearRenewal, September 2021: AED 23,000 a yearRenewal, September 2022: AED 26,000 a yearNew contract, December 2023: AED 36,000 a yearNew contract, December 2024: AED 39,600 a yearNew contract, December 2025: AED 39,600 a yearRenewal, December 2026: AED 41,580 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 247 sits

All 48 studios →

247 last sold in May 2015 at AED 1,142 per sqft, 7% above what studios in Fortunato were fetching at the time (AED 1,068). 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. 247's AED 41,580 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

247, Fortunato in numbers

  • Sold 3 times: first on 8 April 2009 for AED 395,000, last on 24 May 2015 for AED 587,000 (AED 1,142 per sqft).
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 23,000 in 2021 and recovered to AED 41,580 by December 2026.
  • At AED 41,580 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 5,300 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 1 December 2026.

Questions about 247, Fortunato

What did unit 247 last sell for?

AED 587,000 on 24 May 2015: AED 1,142 per sqft for 514 sqft. The unit has 3 registered sales; the first was AED 395,000 in April 2009.

What is the rent for unit 247?

AED 41,580 a year on the contract renewed on 1 December 2026. The previous contract, from December 2025, was AED 39,600; the unit has been rented since August 2018.

How big is unit 247?

514 sqft (47.8 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 247 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 247, Fortunato

Starts from the last sale price (AED 587K, 24 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 587,000
Deposit, UAE resident (20%)
AED 117,400
Deposit, non-resident (40%)
AED 234,800
Monthly over 25 years at 3.7%
AED 2,402

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