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2-bed · 1,282 sqftFortunato, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

358, Fortunato

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 358 · DLD and Ejari recordsUpdated 15 July 2021
Last soldAED 909K24 June 2009
Current rentAED 55K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 358, Fortunato

What is 358 worth today?

Last sold for AED 909,112 in 2009

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15 Jul 2021RentedNew contract
AED 55,000/yr12 months · AED 43 per sqft
1 Sep 2020RentedNew contract
AED 58,000/yr12 months · AED 45 per sqft
1 Apr 2020RentedNew contract
AED 60,000/yr12 months · AED 47 per sqft
15 Feb 2018RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
1 Jul 2017RentedRenewal
AED 105,000/yr12 months · AED 82 per sqft
1 Jul 2016RentedNew contract
AED 105,000/yr12 months · AED 82 per sqft
1 Jul 2015RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
24 Jun 2009Sold by developerOff-plan
AED 909,112AED 709 per sqft

Source: Dubai Land Department. Updated 15 July 2021.

Key facts

Type
2-bed apartment
Size
1,282 sqft
Floor
3rd of 4
Parking
B-334
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 13,200 /yr
Last sold
AED 909K · June 2009
Building
Fortunato

About 358, Fortunato

358 is a two-bedroom apartment of 1,282 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 24 June 2009 for AED 909,112, or AED 709 per sqft, in line with the AED 709 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 15 July 2021, is AED 55,000 a year: a gross yield of 6.0% on the 2009 price, before the service charge of about AED 13,200 a year.

Sales and rents for 358 over time

Sales
Unit 358, 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, June 2009: AED 909,112 (AED 709 per sqft)

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

Rents
Unit 358, 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, July 2015: AED 110,000 a yearNew contract, July 2016: AED 105,000 a yearRenewal, July 2017: AED 105,000 a yearNew contract, February 2018: AED 90,000 a yearNew contract, April 2020: AED 60,000 a yearNew contract, September 2020: AED 58,000 a yearNew contract, July 2021: AED 55,000 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 358 sits

All 82 2-beds →

358 last sold in June 2009 at AED 709 per sqft, in line with what two-beds in Fortunato were fetching at the time (AED 709). 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. 358's AED 55,000 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

358, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 24 June 2009 for AED 909,112, or AED 709 per sqft.
  • Rented since July 2015 on 7 Ejari contracts, from AED 110,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2009 price is 6.0%, before a service charge of about AED 13,200 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 15 July 2021.

Questions about 358, Fortunato

What did unit 358 last sell for?

AED 909,112 on 24 June 2009, sold by the developer: AED 709 per sqft for 1,282 sqft. It is the only registered sale of the unit.

What is the rent for unit 358?

AED 55,000 a year on the contract signed on 15 July 2021. The previous contract, from September 2020, was AED 58,000; the unit has been rented since July 2015.

How big is unit 358?

1,282 sqft (119.1 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 358 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 358, Fortunato

Starts from the last sale price (AED 909K, 24 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 909,112
Deposit, UAE resident (20%)
AED 181,822
Deposit, non-resident (40%)
AED 363,645
Monthly over 25 years at 3.7%
AED 3,719

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