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2-bed · 1,423 sqftFortunato, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

302, Fortunato

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

Unit 302 · DLD and Ejari recordsUpdated 1 September 2018
Last soldAED 992K15 August 2009
Current rentAED 80K /yr1 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Fortunato

What is 302 worth today?

Last sold for AED 992,449 in 2009

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1 Sep 2018RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
15 Mar 2015RentedNew contract
AED 95,000/yr12 months · AED 67 per sqft
15 Aug 2009Sold by developerOff-plan
AED 992,449AED 697 per sqft

Source: Dubai Land Department. Updated 1 September 2018.

Key facts

Type
2-bed apartment
Size
1,423 sqft
Floor
3rd of 4
Parking
B-228
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 992K · August 2009
Building
Fortunato

About 302, Fortunato

302 is a two-bedroom apartment of 1,423 sqft on the 3rd 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 15 August 2009 for AED 992,449, or AED 697 per sqft, in line with the AED 716 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 September 2018, is AED 80,000 a year: a gross yield of 8.1% on the 2009 price, before the service charge of about AED 14,600 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Fortunato
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,000,000; 2013 AED 970,680; 2014 AED 1,148,788; 2015 AED 875,000; 2016 AED 1,162,500; 2017 AED 900,000; 2020 AED 910,000; 2022 AED 1,250,000; 2023 AED 1,250,000; 2024 AED 1,550,000; 2025 AED 1,520,000Sold by developer, August 2009: AED 992,449 (AED 697 per sqft)

302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 302, each contractTypical two-bed in Fortunato
75K100K125K20152018202120242027Typical rent by year: 2015 AED 120,000; 2016 AED 120,000; 2017 AED 101,000; 2018 AED 95,000; 2019 AED 82,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 72,765; 2023 AED 82,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 99,350New contract, March 2015: AED 95,000 a yearNew contract, September 2018: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Fortunato, and where 302 sits

All 82 2-beds →

302 last sold in August 2009 at AED 697 per sqft, in line with what two-beds in Fortunato were fetching at the time (AED 716). Over the last 12 months two-beds sold for AED 1,350,000 to 1,800,000, around AED 864 per sqft, and rent for AED 45,000 to 147,500 a year. 302's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Jun 20261,800,000
8 Apr 20261,350,000
6 Nov 20252,075,000
22 Sep 20252,200,000
2 2-bed 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 3rd floor

All 325 units in Fortunato
Value
3011-bedAED 208K · Feb 2018
3032-bedAED 1.44M · Aug 2025
3042-bedAED 1.18M · Mar 2015
3051-bedAED 609K · Aug 2009
3061-bedNo registered sale
3071-bedAED 614K · Aug 2009
3082-bedAED 926K · Aug 2009
1–7 of 61

302, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 15 August 2009 for AED 992,449, or AED 697 per sqft.
  • Rented since March 2015 on 2 Ejari contracts, from AED 95,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2009 price is 8.1%, before a service charge of about AED 14,600 a year (AED 10.28 per sqft).
  • Two-beds in Fortunato sold for AED 1,350,000–1,800,000 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 September 2018.

Questions about 302, Fortunato

What did unit 302 last sell for?

AED 992,449 on 15 August 2009, sold by the developer: AED 697 per sqft for 1,423 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 80,000 a year on the contract signed on 1 September 2018. The previous contract, from March 2015, was AED 95,000.

How big is unit 302?

1,423 sqft (132.2 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Fortunato sold for AED 1,350,000 to 1,800,000 in the last 12 months, around AED 864 per sqft.

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Mortgage on 302, Fortunato

Starts from the last sale price (AED 992K, 15 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 992,449
Deposit, UAE resident (20%)
AED 198,490
Deposit, non-resident (40%)
AED 396,980
Monthly over 25 years at 3.7%
AED 4,060

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