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Studio · 515 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

273, Fortunato

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 273 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 550K24 September 2014
Current rentAED 34K /yr31 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 273, Fortunato

What is 273 worth today?

Last sold for AED 550,000 in 2014

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31 Jan 2024RentedRenewal
AED 33,799/yr12 months · AED 67 per sqft
1 Feb 2023RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
1 Feb 2022RentedRenewal
AED 27,500/yr12 months · AED 53 per sqft
1 Feb 2021RentedNew contract
AED 27,500/yr12 months · AED 53 per sqft
22 May 2019RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
22 May 2018RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
15 Nov 2017RentedNew contract
AED 46,000/yr12 months · AED 89 per sqft
24 Sep 2014SoldOff-plan
AED 550,000AED 1,068 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
2nd of 4
Parking
B-349
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 550K · September 2014
Building
Fortunato

About 273, Fortunato

273 is a studio of 515 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 24 September 2014 for AED 550,000, or AED 1,068 per sqft, 22% above the AED 878 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 31 January 2024, is AED 33,799 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 5,300 a year.

Sales and rents for 273 over time

Sales
Unit 273, 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 777 per sqft)Sold, September 2014: AED 550,000 (AED 1,068 per sqft)

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

Rents
Unit 273, 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, November 2017: AED 46,000 a yearNew contract, May 2018: AED 40,000 a yearRenewal, May 2019: AED 40,000 a yearNew contract, February 2021: AED 27,500 a yearRenewal, February 2022: AED 27,500 a yearRenewal, February 2023: AED 30,000 a yearRenewal, January 2024: AED 33,799 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 273 sits

All 48 studios →

273 last sold in September 2014 at AED 1,068 per sqft, 22% above what studios in Fortunato were fetching at the time (AED 878). 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. 273's AED 33,799 is at the bottom 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

273, Fortunato in numbers

  • Sold twice: first on 14 August 2009 for AED 400,000, last on 24 September 2014 for AED 550,000 (AED 1,068 per sqft).
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 46,000 to AED 27,500 in 2022 and recovered to AED 33,799 by January 2024.
  • At AED 33,799 a year the gross yield on the 2014 price is 6.2%, 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 31 January 2024.

Questions about 273, Fortunato

What did unit 273 last sell for?

AED 550,000 on 24 September 2014: AED 1,068 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 400,000 in August 2009.

What is the rent for unit 273?

AED 33,799 a year on the contract renewed on 31 January 2024. The previous contract, from February 2023, was AED 30,000; the unit has been rented since November 2017.

How big is unit 273?

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

What is unit 273 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 273, Fortunato

Starts from the last sale price (AED 550K, 24 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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