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2-bed · 1,003 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

255, Fortunato

Sold prices and rental history: sold 3 times, last in September 2024, and rented once, from February 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 255 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 1.02M13 September 2024
Current rentAED 85K /yr15 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 255, Fortunato

What is 255 worth today?

Last sold for AED 1,020,000 in 2024

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13 Sep 2024SoldReady
AED 1,020,000AED 1,017 per sqft
3 May 2017SoldReady
AED 900,000AED 897 per sqft
15 Feb 2015RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft
25 May 2009Sold by developerOff-plan
AED 662,240AED 660 per sqft

Source: Dubai Land Department. Updated 13 September 2024.

Key facts

Type
2-bed apartment
Size
1,003 sqft
Floor
2nd of 4
Parking
B-164
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 10,300 /yr
Last sold
AED 1.02M · September 2024
Building
Fortunato

About 255, Fortunato

255 is a two-bedroom apartment of 1,003 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 13 September 2024 for AED 1,020,000, or AED 1,017 per sqft, 39% above the AED 730 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 February 2015. The current contract, signed on 15 February 2015, is AED 85,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 10,300 a year.

Sales and rents for 255 over time

Sales
Unit 255, 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, May 2009: AED 662,240 (AED 660 per sqft)Sold, May 2017: AED 900,000 (AED 897 per sqft)Sold, September 2024: AED 1,020,000 (AED 1,017 per sqft)

255 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 255, each contractTypical two-bed in Fortunato
75K100K125K20152018202120242027Typical 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, February 2015: AED 85,000 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 255 sits

All 82 2-beds →

255 last sold in September 2024 at AED 1,017 per sqft, 39% above what two-beds in Fortunato were fetching at the time (AED 730). 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. 255's AED 85,000 is in the lower 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

255, Fortunato in numbers

  • Sold 3 times: first on 25 May 2009 for AED 662,240, last on 13 September 2024 for AED 1,020,000 (AED 1,017 per sqft).
  • Rented since February 2015 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 10,300 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 13 September 2024.

Questions about 255, Fortunato

What did unit 255 last sell for?

AED 1,020,000 on 13 September 2024: AED 1,017 per sqft for 1,003 sqft. The unit has 3 registered sales; the first was AED 662,240 in May 2009.

What is the rent for unit 255?

AED 85,000 a year on the contract signed on 15 February 2015.

How big is unit 255?

1,003 sqft (93.2 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 255 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 255, Fortunato

Starts from the last sale price (AED 1.02M, 13 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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