2-bed · 1,233 sqftFortunato, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

357, Fortunato

Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 357 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 693K25 August 2015
Current rentAED 50K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 357, Fortunato

What is 357 worth today?

Last sold for AED 692,500 in 2015

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1 Jul 2022RentedNew contract
AED 50,000/yr12 months · AED 41 per sqft
2 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 24 per sqft
25 Aug 2015Sold by developerReady
AED 692,500AED 561 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
2-bed apartment
Size
1,233 sqft
Floor
3rd of 4
Parking
B-333
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 693K · August 2015
Building
Fortunato

About 357, Fortunato

357 is a two-bedroom apartment of 1,233 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 25 August 2015 for AED 692,500, or AED 561 per sqft, 11% above the AED 504 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 July 2022, is AED 50,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 12,700 a year.

Sales and rents for 357 over time

Sales
Unit 357, 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 2015: AED 692,500 (AED 561 per sqft)

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

Rents
Unit 357, 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, October 2021: AED 30,000 a yearNew contract, July 2022: AED 50,000 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 357 sits

All 82 2-beds →

357 last sold in August 2015 at AED 561 per sqft, 11% above what two-beds in Fortunato were fetching at the time (AED 504). 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. 357's AED 50,000 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

357, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 25 August 2015 for AED 692,500, or AED 561 per sqft.
  • Rented since October 2021 on 2 Ejari contracts, from AED 30,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 12,700 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 1 July 2022.

Questions about 357, Fortunato

What did unit 357 last sell for?

AED 692,500 on 25 August 2015, sold by the developer: AED 561 per sqft for 1,233 sqft. It is the only registered sale of the unit.

What is the rent for unit 357?

AED 50,000 a year on the contract signed on 1 July 2022. The previous contract, from October 2021, was AED 30,000.

How big is unit 357?

1,233 sqft (114.5 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 357 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 357, Fortunato

Starts from the last sale price (AED 693K, 25 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 692,500
Deposit, UAE resident (20%)
AED 138,500
Deposit, non-resident (40%)
AED 277,000
Monthly over 25 years at 3.7%
AED 2,833

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