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2-bed · 612 sqftFortunato, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

347, Fortunato

Sold prices and rental history: no registered sale, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 347 · DLD and Ejari recordsUpdated 15 November 2024
Current rentAED 77K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 347, Fortunato

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15 Nov 2024RentedRenewal
AED 77,175/yr12 months · AED 63 per sqft
15 Nov 2023RentedRenewal
AED 73,500/yr12 months · AED 60 per sqft
15 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 57 per sqft
15 Nov 2021RentedRenewal
AED 63,000/yr12 months · AED 51 per sqft
15 Nov 2020RentedNew contract
AED 58,000/yr12 months · AED 47 per sqft
10 Nov 2019RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
1 Jul 2018RentedNew contract
AED 85,000/yr12 months · AED 69 per sqft
1 Jul 2016RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
612 sqft
Floor
3rd of 4
Parking
B-174
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 6,300 /yr
Last sold
No registered sale
Building
Fortunato

About 347, Fortunato

347 is a two-bedroom apartment of 612 sqft on the 3rd floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 77,175 a year, before the service charge of about AED 6,300 a year.

Sales and rents for 347 over time

Sales
Unit 347, 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 1,520,000

No registered sale of 347; the dashed line is the two-bed median of each year in the building.

Rents
Unit 347, 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, June 2015: AED 120,000 a yearNew contract, July 2016: AED 110,000 a yearNew contract, July 2018: AED 85,000 a yearNew contract, November 2019: AED 65,000 a yearNew contract, November 2020: AED 58,000 a yearRenewal, November 2021: AED 63,000 a yearNew contract, November 2022: AED 70,000 a yearRenewal, November 2023: AED 73,500 a yearRenewal, November 2024: AED 77,175 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 347 sits

All 82 2-beds →

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. 347's AED 77,175 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

347, Fortunato in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 58,000 in 2020 and recovered to AED 77,175 by November 2024.
  • 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 15 November 2024.

Questions about 347, Fortunato

What is the rent for unit 347?

AED 77,175 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 73,500; the unit has been rented since June 2015.

How big is unit 347?

612 sqft (56.9 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 347 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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