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Studio · 517 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

262, Fortunato

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

Unit 262 · DLD and Ejari recordsUpdated 27 February 2026
Last soldAED 540K11 January 2015
Current rentAED 47K /yr27 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 262, Fortunato

What is 262 worth today?

Last sold for AED 540,000 in 2015

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27 Feb 2026RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft
10 Feb 2025RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
1 Sep 2022RentedRenewal
AED 27,950/yr24 months · AED 54 per sqft
1 Sep 2021RentedNew contract
AED 23,000/yr12 months · AED 45 per sqft
1 Sep 2020RentedNew contract
AED 23,000/yr12 months · AED 45 per sqft
10 Aug 2019RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
11 Jun 2018RentedRenewal
AED 42,000/yr12 months · AED 81 per sqft
11 Jun 2017RentedRenewal
AED 45,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 27 February 2026.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
2nd of 4
Parking
B-61
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 540K · January 2015
Building
Fortunato

About 262, Fortunato

262 is a studio of 517 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 11 January 2015 for AED 540,000, or AED 1,045 per sqft, 5% above the AED 998 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 27 February 2026, is AED 47,000 a year: a gross yield of 8.7% on the 2015 price, before the service charge of about AED 5,300 a year.

Sales and rents for 262 over time

Sales
Unit 262, 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 420,000 (AED 813 per sqft)Sold, January 2015: AED 540,000 (AED 1,045 per sqft)

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

Rents
Unit 262, 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 50,000 a yearNew contract, April 2016: AED 50,000 a yearNew contract, June 2016: AED 48,000 a yearRenewal, June 2017: AED 45,000 a yearRenewal, June 2018: AED 42,000 a yearNew contract, August 2019: AED 32,000 a yearNew contract, September 2020: AED 23,000 a yearNew contract, September 2021: AED 23,000 a yearRenewal, September 2022: AED 27,950 a yearNew contract, February 2025: AED 48,000 a yearNew contract, February 2026: AED 47,000 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 262 sits

All 48 studios →

262 last sold in January 2015 at AED 1,045 per sqft, 5% above what studios in Fortunato were fetching at the time (AED 998). 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. 262's AED 47,000 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

262, Fortunato in numbers

  • Sold twice: first on 15 August 2009 for AED 420,000, last on 11 January 2015 for AED 540,000 (AED 1,045 per sqft).
  • Rented since April 2015 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 23,000 in 2021 and recovered to AED 47,000 by February 2026.
  • At AED 47,000 a year the gross yield on the 2015 price is 8.7%, 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 27 February 2026.

Questions about 262, Fortunato

What did unit 262 last sell for?

AED 540,000 on 11 January 2015: AED 1,045 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 420,000 in August 2009.

What is the rent for unit 262?

AED 47,000 a year on the contract signed on 27 February 2026. The previous contract, from February 2025, was AED 48,000; the unit has been rented since April 2015.

How big is unit 262?

517 sqft (48.0 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 262 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 262, Fortunato

Starts from the last sale price (AED 540K, 11 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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