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Studio · 425 sqftFortunato, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

351, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 351 · DLD and Ejari recordsUpdated 5 May 2021
Last soldAED 303K14 August 2009
Current rentAED 18K /yr5 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 351, Fortunato

What is 351 worth today?

Last sold for AED 303,432 in 2009

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5 May 2021RentedNew contract
AED 18,000/yr12 months · AED 42 per sqft
14 Aug 2009Sold by developerOff-plan
AED 303,432AED 713 per sqft

Source: Dubai Land Department. Updated 5 May 2021.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
3rd of 4
Parking
B-44
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 4,400 /yr
Last sold
AED 303K · August 2009
Building
Fortunato

About 351, Fortunato

351 is a studio of 425 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 303,432, or AED 713 per sqft, 7% below the AED 770 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 May 2021. The current contract, signed on 5 May 2021, is AED 18,000 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 4,400 a year.

Sales and rents for 351 over time

Sales
Unit 351, 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 303,432 (AED 713 per sqft)

351 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 351, 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, May 2021: AED 18,000 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 351 sits

All 48 studios →

351 last sold in August 2009 at AED 713 per sqft, 7% below what studios in Fortunato were fetching at the time (AED 770). 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. 351's AED 18,000 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 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

351, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 14 August 2009 for AED 303,432, or AED 713 per sqft.
  • Rented since May 2021 on one Ejari contract, at AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 4,400 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 5 May 2021.

Questions about 351, Fortunato

What did unit 351 last sell for?

AED 303,432 on 14 August 2009, sold by the developer: AED 713 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 351?

AED 18,000 a year on the contract signed on 5 May 2021.

How big is unit 351?

425 sqft (39.5 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 351 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 351, Fortunato

Starts from the last sale price (AED 303K, 14 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 303,432
Deposit, UAE resident (20%)
AED 60,686
Deposit, non-resident (40%)
AED 121,373
Monthly over 25 years at 3.7%
AED 1,241

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