2-bed · 1,271 sqftFortunato, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

356, Fortunato

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 356 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 1M30 July 2024
Current rentAED 75K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 356, Fortunato

What is 356 worth today?

Last sold for AED 1,000,000 in 2024

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30 Jul 2024SoldReady
AED 1,000,000AED 786 per sqft
1 May 2024RentedRenewal
AED 75,200/yr12 months · AED 59 per sqft
1 May 2023RentedRenewal
AED 71,650/yr12 months · AED 56 per sqft
1 May 2022RentedRenewal
AED 68,250/yr12 months · AED 54 per sqft
1 May 2021RentedRenewal
AED 68,250/yr12 months · AED 54 per sqft
1 May 2020RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft
1 May 2019RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
1 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
2-bed apartment
Size
1,271 sqft
Floor
3rd of 4
Parking
B-326
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 13,100 /yr
Last sold
AED 1M · July 2024
Building
Fortunato

About 356, Fortunato

356 is a two-bedroom apartment of 1,271 sqft on the 3rd floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. It last sold on 30 July 2024 for AED 1,000,000, or AED 786 per sqft, 8% above the AED 730 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 75,200 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 13,100 a year.

Sales and rents for 356 over time

Sales
Unit 356, 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 873,712 (AED 687 per sqft)Sold, July 2024: AED 1,000,000 (AED 786 per sqft)

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

Rents
Unit 356, 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, June 2015: AED 110,000 a yearNew contract, January 2018: AED 95,000 a yearNew contract, November 2018: AED 75,000 a yearNew contract, May 2019: AED 75,000 a yearNew contract, May 2020: AED 65,000 a yearRenewal, May 2021: AED 68,250 a yearRenewal, May 2022: AED 68,250 a yearRenewal, May 2023: AED 71,650 a yearRenewal, May 2024: AED 75,200 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 356 sits

All 82 2-beds →

356 last sold in July 2024 at AED 786 per sqft, 8% above what two-beds in Fortunato were fetching at the time (AED 730). 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. 356's AED 75,200 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

356, Fortunato in numbers

  • Sold twice: first on 14 August 2009 for AED 873,712, last on 30 July 2024 for AED 1,000,000 (AED 786 per sqft).
  • Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 75,200 by May 2024.
  • At AED 75,200 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 13,100 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 30 July 2024.

Questions about 356, Fortunato

What did unit 356 last sell for?

AED 1,000,000 on 30 July 2024: AED 786 per sqft for 1,271 sqft. The unit has 2 registered sales; the first was AED 873,712 in August 2009.

What is the rent for unit 356?

AED 75,200 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 71,650; the unit has been rented since June 2015.

How big is unit 356?

1,271 sqft (118.1 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 356 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 356, Fortunato

Starts from the last sale price (AED 1M, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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