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1-bed · 808 sqftFortunato, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

305, Fortunato

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

Unit 305 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 609K14 August 2009
Current rentAED 70K /yr5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, Fortunato

What is 305 worth today?

Last sold for AED 609,315 in 2009

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5 Dec 2024RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
20 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
8 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
10 Sep 2020RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft
10 Sep 2019RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft
10 Sep 2018RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
10 Sep 2017RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
14 Aug 2015RentedNew contract
AED 72,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
3rd of 4
Parking
B-220
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 609K · August 2009
Building
Fortunato

About 305, Fortunato

305 is a one-bedroom apartment of 808 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 14 August 2009 for AED 609,315, or AED 753 per sqft, 3% above the AED 729 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 5 December 2024, is AED 70,000 a year: a gross yield of 11.5% on the 2009 price, before the service charge of about AED 8,300 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in Fortunato
500K750K2009201420192024Typical sale price by year: 2009 AED 632,250; 2013 AED 447,616; 2014 AED 645,600; 2015 AED 800,000; 2016 AED 565,000; 2017 AED 710,000; 2018 AED 564,700; 2019 AED 536,500; 2020 AED 485,000; 2021 AED 499,999; 2022 AED 568,000; 2023 AED 650,000; 2024 AED 735,000; 2025 AED 850,000; 2026 AED 900,000Sold by developer, August 2009: AED 609,315 (AED 753 per sqft)

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

Rents
Unit 305, each contractTypical one-bed in Fortunato
40K60K20152018202120242027Typical rent by year: 2015 AED 72,000; 2016 AED 70,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 38,750; 2022 AED 43,500; 2023 AED 53,000; 2024 AED 59,000; 2025 AED 65,000; 2026 AED 65,000New contract, August 2015: AED 72,000 a yearNew contract, September 2017: AED 65,000 a yearRenewal, September 2018: AED 60,000 a yearRenewal, September 2019: AED 45,000 a yearRenewal, September 2020: AED 45,000 a yearNew contract, October 2021: AED 38,000 a yearNew contract, November 2022: AED 50,000 a yearNew contract, December 2024: AED 70,000 a year

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

1-beds in Fortunato, and where 305 sits

All 152 1-beds →

305 last sold in August 2009 at AED 753 per sqft, 3% above what one-beds in Fortunato were fetching at the time (AED 729). Over the last 12 months one-beds sold for AED 650,000 to 1,000,000, around AED 837 per sqft, and rent for AED 25,000 to 100,000 a year. 305's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026850,000
6 Oct 2026900,000
19 Jun 2026780,000
15 May 2026650,000
8 1-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
3022-bedAED 992K · Aug 2009
3032-bedAED 1.44M · Aug 2025
3042-bedAED 1.18M · Mar 2015
3061-bedNo registered sale
3071-bedAED 614K · Aug 2009
3082-bedAED 926K · Aug 2009
1–7 of 61

305, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 14 August 2009 for AED 609,315, or AED 753 per sqft.
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 38,000 in 2021 and recovered to AED 70,000 by December 2024.
  • At AED 70,000 a year the gross yield on the 2009 price is 11.5%, before a service charge of about AED 8,300 a year (AED 10.28 per sqft).
  • One-beds in Fortunato sold for AED 650,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 869 per sqft.

Source: Dubai Land Department. Updated 5 December 2024.

Questions about 305, Fortunato

What did unit 305 last sell for?

AED 609,315 on 14 August 2009, sold by the developer: AED 753 per sqft for 808 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 70,000 a year on the contract signed on 5 December 2024. The previous contract, from November 2022, was AED 50,000; the unit has been rented since August 2015.

How big is unit 305?

808 sqft (75.1 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fortunato sold for AED 650,000 to 1,000,000 in the last 12 months, around AED 837 per sqft.

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Mortgage on 305, Fortunato

Starts from the last sale price (AED 609K, 14 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 609,315
Deposit, UAE resident (20%)
AED 121,863
Deposit, non-resident (40%)
AED 243,726
Monthly over 25 years at 3.7%
AED 2,493

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