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Studio · 508 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

254, Fortunato

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 254 · DLD and Ejari recordsUpdated 12 June 2026
Last soldAED 415K12 December 2013
Current rentAED 42K /yr12 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 254, Fortunato

What is 254 worth today?

Last sold for AED 415,000 in 2013

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12 Jun 2026RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
25 Apr 2025RentedRenewal
AED 46,500/yr12 months · AED 92 per sqft
25 Apr 2025RentedRenewal
AED 46,500/yr12 months · AED 92 per sqft
25 Apr 2024RentedNew contract
AED 46,500/yr12 months · AED 92 per sqft
1 Mar 2023RentedNew contract
AED 38,000/yr12 months · AED 75 per sqft
12 Dec 2013SoldOff-plan
AED 415,000AED 816 per sqft
2 Oct 2013Sold by developerOff-plan
AED 240,217AED 472 per sqft

Source: Dubai Land Department. Updated 12 June 2026.

Key facts

Type
Studio apartment
Size
508 sqft
Floor
2nd of 4
Parking
B-165
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 5,200 /yr
Last sold
AED 415K · December 2013
Building
Fortunato

About 254, Fortunato

254 is a studio of 508 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 December 2013 for AED 415,000, or AED 816 per sqft, 44% above the AED 565 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 12 June 2026, is AED 42,000 a year: a gross yield of 10.1% on the 2013 price, before the service charge of about AED 5,200 a year.

Sales and rents for 254 over time

Sales
Unit 254, each saleTypical studio in Fortunato
200K400K2009201420192024Typical 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, October 2013: AED 240,217 (AED 472 per sqft)Sold, December 2013: AED 415,000 (AED 816 per sqft)

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

Rents
Unit 254, 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, March 2023: AED 38,000 a yearNew contract, April 2024: AED 46,500 a yearRenewal, April 2025: AED 46,500 a yearRenewal, April 2025: AED 46,500 a yearNew contract, June 2026: AED 42,000 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 254 sits

All 48 studios →

254 last sold in December 2013 at AED 816 per sqft, 44% above what studios in Fortunato were fetching at the time (AED 565). 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. 254's AED 42,000 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

254, Fortunato in numbers

  • Sold twice: first on 2 October 2013 for AED 240,217, last on 12 December 2013 for AED 415,000 (AED 816 per sqft).
  • Rented since March 2023 on 5 Ejari contracts, from AED 38,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2013 price is 10.1%, before a service charge of about AED 5,200 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 12 June 2026.

Questions about 254, Fortunato

What did unit 254 last sell for?

AED 415,000 on 12 December 2013: AED 816 per sqft for 508 sqft. The unit has 2 registered sales; the first was AED 240,217 in October 2013.

What is the rent for unit 254?

AED 42,000 a year on the contract signed on 12 June 2026. The previous contract, from April 2025, was AED 46,500; the unit has been rented since March 2023.

How big is unit 254?

508 sqft (47.2 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 254 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 254, Fortunato

Starts from the last sale price (AED 415K, 12 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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