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

265, Fortunato

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

Unit 265 · DLD and Ejari recordsUpdated 21 May 2018
Last soldAED 545K30 June 2015
Current rentAED 40K /yr21 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 265, Fortunato

What is 265 worth today?

Last sold for AED 545,000 in 2015

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21 May 2018RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
30 Jun 2015SoldReady
AED 545,000AED 1,055 per sqft
30 Jun 2015RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
14 Aug 2009Sold by developerOff-plan
AED 420,000AED 813 per sqft

Source: Dubai Land Department. Updated 21 May 2018.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
2nd of 4
Parking
B-58
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 545K · June 2015
Building
Fortunato

About 265, Fortunato

265 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 30 June 2015 for AED 545,000, or AED 1,055 per sqft, 4% below the AED 1,099 studios in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 21 May 2018, is AED 40,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 5,300 a year.

Sales and rents for 265 over time

Sales
Unit 265, 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, June 2015: AED 545,000 (AED 1,055 per sqft)

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

Rents
Unit 265, 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, June 2015: AED 35,000 a yearNew contract, May 2018: AED 40,000 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 265 sits

All 48 studios →

265 last sold in June 2015 at AED 1,055 per sqft, 4% below what studios in Fortunato were fetching at the time (AED 1,099). 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. 265's AED 40,000 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

265, Fortunato in numbers

  • Sold twice: first on 14 August 2009 for AED 420,000, last on 30 June 2015 for AED 545,000 (AED 1,055 per sqft).
  • Rented since June 2015 on 2 Ejari contracts, from AED 35,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 7.3%, 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 21 May 2018.

Questions about 265, Fortunato

What did unit 265 last sell for?

AED 545,000 on 30 June 2015: AED 1,055 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 265?

AED 40,000 a year on the contract signed on 21 May 2018. The previous contract, from June 2015, was AED 35,000.

How big is unit 265?

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

What is unit 265 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 265, Fortunato

Starts from the last sale price (AED 545K, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

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