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

269, Fortunato

Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 269 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 380K28 April 2019
Current rentAED 42K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 269, Fortunato

What is 269 worth today?

Last sold for AED 380,000 in 2019

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12 Aug 2024RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft
8 Oct 2023RentedNew contract
AED 30,360/yr12 months · AED 59 per sqft
7 Oct 2022RentedRenewal
AED 26,400/yr12 months · AED 51 per sqft
7 Oct 2021RentedNew contract
AED 22,000/yr12 months · AED 43 per sqft
25 Sep 2019RentedNew contract
AED 38,000/yr12 months · AED 74 per sqft
28 Apr 2019SoldReady
AED 380,000AED 739 per sqft
25 Sep 2018RentedRenewal
AED 42,000/yr12 months · AED 82 per sqft
25 Sep 2017RentedNew contract
AED 42,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
2nd of 4
Parking
B-155
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 380K · April 2019
Building
Fortunato

About 269, Fortunato

269 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. It last sold on 28 April 2019 for AED 380,000, or AED 739 per sqft, 14% below the AED 858 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 12 August 2024, is AED 42,000 a year: a gross yield of 11.1% on the 2019 price, before the service charge of about AED 5,300 a year.

Sales and rents for 269 over time

Sales
Unit 269, 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 400,000 (AED 778 per sqft)Sold, December 2015: AED 499,000 (AED 971 per sqft)Sold, April 2019: AED 380,000 (AED 739 per sqft)

269 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 269, each contractTypical studio in Fortunato
20K40K60K20152018202120242027Typical 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, July 2015: AED 55,000 a yearNew contract, September 2017: AED 42,000 a yearRenewal, September 2018: AED 42,000 a yearNew contract, September 2019: AED 38,000 a yearNew contract, October 2021: AED 22,000 a yearRenewal, October 2022: AED 26,400 a yearNew contract, October 2023: AED 30,360 a yearNew contract, August 2024: 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 269 sits

All 48 studios →

269 last sold in April 2019 at AED 739 per sqft, 14% below what studios in Fortunato were fetching at the time (AED 858). 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. 269'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

269, Fortunato in numbers

  • Sold 3 times: first on 14 August 2009 for AED 400,000, last on 28 April 2019 for AED 380,000 (AED 739 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 22,000 in 2021 and recovered to AED 42,000 by August 2024.
  • At AED 42,000 a year the gross yield on the 2019 price is 11.1%, 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 12 August 2024.

Questions about 269, Fortunato

What did unit 269 last sell for?

AED 380,000 on 28 April 2019: AED 739 per sqft for 514 sqft. The unit has 3 registered sales; the first was AED 400,000 in August 2009.

What is the rent for unit 269?

AED 42,000 a year on the contract signed on 12 August 2024. The previous contract, from October 2023, was AED 30,360; the unit has been rented since July 2015.

How big is unit 269?

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

What is unit 269 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 269, Fortunato

Starts from the last sale price (AED 380K, 28 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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