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Studio · 513 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

251, Fortunato

Sold prices and rental history: sold 6 times, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 251 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 470K16 April 2024
Current rentAED 45K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 251, Fortunato

What is 251 worth today?

Last sold for AED 470,000 in 2024

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1 Oct 2026RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
1 Jun 2025RentedRenewal
AED 58,000/yr12 months · AED 115 per sqft
1 Jun 2024RentedNew contract
AED 58,000/yr12 months · AED 112 per sqft
16 Apr 2024SoldReady
AED 470,000AED 916 per sqft
14 Dec 2022RentedRenewal
AED 33,000/yr12 months · AED 64 per sqft
14 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
21 Nov 2019SoldReady
AED 385,000AED 750 per sqft
14 Aug 2019RentedNew contract
AED 38,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
513 sqft
Floor
2nd of 4
Parking
B-192
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 470K · April 2024
Building
Fortunato

About 251, Fortunato

251 is a studio of 513 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 16 April 2024 for AED 470,000, or AED 916 per sqft, 4% above the AED 881 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 1 October 2026, is AED 45,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for 251 over time

Sales
Unit 251, 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, August 2009: AED 395,000 (AED 770 per sqft)Sold, August 2011: AED 395,000 (AED 770 per sqft)Sold, March 2014: AED 400,000 (AED 780 per sqft)Sold, December 2018: AED 385,000 (AED 750 per sqft)Sold, November 2019: AED 385,000 (AED 750 per sqft)Sold, April 2024: AED 470,000 (AED 916 per sqft)

251 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 251, each contractTypical studio in Fortunato
20K40K60K2015201920232027Typical 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, July 2018: AED 40,000 a yearNew contract, August 2018: AED 38,000 a yearNew contract, August 2019: AED 38,000 a yearNew contract, December 2021: AED 30,000 a yearRenewal, December 2022: AED 33,000 a yearNew contract, June 2024: AED 58,000 a yearRenewal, June 2025: AED 58,000 a yearNew contract, October 2026: AED 45,000 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 251 sits

All 48 studios →

251 last sold in April 2024 at AED 916 per sqft, 4% above what studios in Fortunato were fetching at the time (AED 881). 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. 251's AED 45,000 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

251, Fortunato in numbers

  • Sold 6 times: first on 13 August 2009 for AED 395,000, last on 16 April 2024 for AED 470,000 (AED 916 per sqft).
  • Rented since July 2018 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 45,000 by October 2026.
  • At AED 45,000 a year the gross yield on the 2024 price is 9.6%, 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 October 2026.

Questions about 251, Fortunato

What did unit 251 last sell for?

AED 470,000 on 16 April 2024: AED 916 per sqft for 513 sqft. The unit has 6 registered sales; the first was AED 395,000 in August 2009.

What is the rent for unit 251?

AED 45,000 a year on the contract signed on 1 October 2026. The previous contract, from June 2025, was AED 58,000; the unit has been rented since July 2018.

How big is unit 251?

513 sqft (47.7 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 251 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 251, Fortunato

Starts from the last sale price (AED 470K, 16 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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