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2-bed · 634 sqftFortunato, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

340, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 340 · DLD and Ejari recordsUpdated 10 December 2025
Last soldAED 916K13 August 2009
Current rentAED 95K /yr10 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 340, Fortunato

What is 340 worth today?

Last sold for AED 915,515 in 2009

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10 Dec 2025RentedNew contract
AED 95,000/yr12 months · AED 75 per sqft
9 Jul 2025RentedNew contract
AED 95,000/yr12 months · AED 75 per sqft
9 Jul 2025RentedNew contract
AED 95,000/yr12 months · AED 75 per sqft
5 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
1 Aug 2023RentedNew contract
AED 82,000/yr12 months · AED 65 per sqft
5 Jun 2023RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft
15 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 55 per sqft
20 Sep 2021RentedNew contract
AED 60,000/yr13 months · AED 47 per sqft

Source: Dubai Land Department. Updated 10 December 2025.

Key facts

Type
2-bed apartment
Size
634 sqft
Floor
3rd of 4
Parking
B-203
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 916K · August 2009
Building
Fortunato

About 340, Fortunato

340 is a two-bedroom apartment of 634 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 13 August 2009 for AED 915,515, or AED 721 per sqft, in line with the AED 719 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 10 December 2025, is AED 95,000 a year: a gross yield of 10.4% on the 2009 price, before the service charge of about AED 6,500 a year.

Sales and rents for 340 over time

Sales
Unit 340, 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 915,515 (AED 721 per sqft)

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

Rents
Unit 340, each contractTypical two-bed in Fortunato
50K100K20152018202120242027Typical 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, April 2017: AED 100,000 a yearNew contract, July 2018: AED 85,000 a yearNew contract, January 2019: AED 80,000 a yearNew contract, September 2021: AED 60,000 a yearNew contract, November 2022: AED 70,000 a yearNew contract, June 2023: AED 80,000 a yearNew contract, August 2023: AED 82,000 a yearNew contract, July 2024: AED 90,000 a yearNew contract, July 2025: AED 95,000 a yearNew contract, July 2025: AED 95,000 a yearNew contract, December 2025: AED 95,000 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 340 sits

All 82 2-beds →

340 last sold in August 2009 at AED 721 per sqft, in line with what two-beds in Fortunato were fetching at the time (AED 719). 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. 340's AED 95,000 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
3022-bedAED 992K · Aug 2009
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
1–7 of 61

340, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 13 August 2009 for AED 915,515, or AED 721 per sqft.
  • Rented since April 2017 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 95,000 by December 2025.
  • At AED 95,000 a year the gross yield on the 2009 price is 10.4%, before a service charge of about AED 6,500 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 10 December 2025.

Questions about 340, Fortunato

What did unit 340 last sell for?

AED 915,515 on 13 August 2009, sold by the developer: AED 721 per sqft for 634 sqft. It is the only registered sale of the unit.

What is the rent for unit 340?

AED 95,000 a year on the contract signed on 10 December 2025. The previous contract, from July 2025, was AED 95,000; the unit has been rented since April 2017.

How big is unit 340?

634 sqft (58.9 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 340 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 340, Fortunato

Starts from the last sale price (AED 916K, 13 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 915,515
Deposit, UAE resident (20%)
AED 183,103
Deposit, non-resident (40%)
AED 366,206
Monthly over 25 years at 3.7%
AED 3,746

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