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

256, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 256 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 395K14 August 2009
Current rentAED 41K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 256, Fortunato

What is 256 worth today?

Last sold for AED 395,000 in 2009

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1 May 2026RentedRenewal
AED 40,950/yr12 months · AED 80 per sqft
1 May 2025RentedRenewal
AED 40,950/yr12 months · AED 80 per sqft
1 May 2025RentedRenewal
AED 40,950/yr12 months · AED 80 per sqft
1 May 2024RentedRenewal
AED 39,000/yr12 months · AED 76 per sqft
1 May 2023RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
28 Apr 2022RentedNew contract
AED 26,000/yr12 months · AED 51 per sqft
15 Apr 2021RentedNew contract
AED 24,000/yr12 months · AED 47 per sqft
21 Nov 2019RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
2nd of 4
Parking
B-163
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 395K · August 2009
Building
Fortunato

About 256, Fortunato

256 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. The developer sold it on 14 August 2009 for AED 395,000, or AED 768 per sqft, in line with the AED 770 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 40,950 a year: a gross yield of 10.4% on the 2009 price, before the service charge of about AED 5,300 a year.

Sales and rents for 256 over time

Sales
Unit 256, 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 768 per sqft)

256 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 256, 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, April 2015: AED 48,000 a yearNew contract, June 2016: AED 50,000 a yearNew contract, July 2017: AED 48,000 a yearNew contract, November 2018: AED 35,000 a yearRenewal, November 2019: AED 35,000 a yearNew contract, April 2021: AED 24,000 a yearNew contract, April 2022: AED 26,000 a yearNew contract, May 2023: AED 36,000 a yearRenewal, May 2024: AED 39,000 a yearRenewal, May 2025: AED 40,950 a yearRenewal, May 2025: AED 40,950 a yearRenewal, May 2026: AED 40,950 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 256 sits

All 48 studios →

256 last sold in August 2009 at AED 768 per sqft, in line with what studios in Fortunato were fetching at the time (AED 770). 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. 256's AED 40,950 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

256, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 14 August 2009 for AED 395,000, or AED 768 per sqft.
  • Rented since April 2015 on 12 Ejari contracts. The rent fell from AED 48,000 to AED 24,000 in 2021 and recovered to AED 40,950 by May 2026.
  • At AED 40,950 a year the gross yield on the 2009 price is 10.4%, 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 May 2026.

Questions about 256, Fortunato

What did unit 256 last sell for?

AED 395,000 on 14 August 2009, sold by the developer: AED 768 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 256?

AED 40,950 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 40,950; the unit has been rented since April 2015.

How big is unit 256?

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

What is unit 256 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 256, Fortunato

Starts from the last sale price (AED 395K, 14 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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