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1-bed · 846 sqftFortunato, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

359, Fortunato

Sold prices and rental history: sold twice, last in November 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 359 · DLD and Ejari recordsUpdated 27 November 2016
Last soldAED 400K27 November 2016
Current rentAED 80K /yr2 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 359, Fortunato

What is 359 worth today?

Last sold for AED 400,000 in 2016

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27 Nov 2016SoldReady
AED 400,000AED 472 per sqft
2 Oct 2015RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
1 Apr 2015RentedNew contract
AED 72,000/yr12 months · AED 85 per sqft
14 Aug 2009Sold by developerOff-plan
AED 588,249AED 694 per sqft

Source: Dubai Land Department. Updated 27 November 2016.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
3rd of 4
Parking
B-335
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 400K · November 2016
Building
Fortunato

About 359, Fortunato

359 is a one-bedroom apartment of 846 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 27 November 2016 for AED 400,000, or AED 472 per sqft, 37% below the AED 751 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 2 October 2015, is AED 80,000 a year: a gross yield of 20.0% on the 2016 price, before the service charge of about AED 8,700 a year.

Sales and rents for 359 over time

Sales
Unit 359, each saleTypical one-bed in Fortunato
500K750K2009201420192024Typical sale price by year: 2009 AED 632,250; 2013 AED 447,616; 2014 AED 645,600; 2015 AED 800,000; 2016 AED 565,000; 2017 AED 710,000; 2018 AED 564,700; 2019 AED 536,500; 2020 AED 485,000; 2021 AED 499,999; 2022 AED 568,000; 2023 AED 650,000; 2024 AED 735,000; 2025 AED 850,000; 2026 AED 900,000Sold by developer, August 2009: AED 588,249 (AED 694 per sqft)Sold, November 2016: AED 400,000 (AED 472 per sqft)

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

Rents
Unit 359, each contractTypical one-bed in Fortunato
40K60K80K20152018202120242027Typical rent by year: 2015 AED 72,000; 2016 AED 70,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 38,750; 2022 AED 43,500; 2023 AED 53,000; 2024 AED 59,000; 2025 AED 65,000; 2026 AED 65,000New contract, April 2015: AED 72,000 a yearNew contract, October 2015: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Fortunato, and where 359 sits

All 152 1-beds →

359 last sold in November 2016 at AED 472 per sqft, 37% below what one-beds in Fortunato were fetching at the time (AED 751). Over the last 12 months one-beds sold for AED 650,000 to 1,000,000, around AED 837 per sqft, and rent for AED 25,000 to 100,000 a year. 359's AED 80,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026850,000
6 Oct 2026900,000
19 Jun 2026780,000
15 May 2026650,000
8 1-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

359, Fortunato in numbers

  • Sold twice: first on 14 August 2009 for AED 588,249, last on 27 November 2016 for AED 400,000 (AED 472 per sqft).
  • Rented since April 2015 on 2 Ejari contracts, from AED 72,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 20.0%, before a service charge of about AED 8,700 a year (AED 10.28 per sqft).
  • One-beds in Fortunato sold for AED 650,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 869 per sqft.

Source: Dubai Land Department. Updated 27 November 2016.

Questions about 359, Fortunato

What did unit 359 last sell for?

AED 400,000 on 27 November 2016: AED 472 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 588,249 in August 2009.

What is the rent for unit 359?

AED 80,000 a year on the contract signed on 2 October 2015. The previous contract, from April 2015, was AED 72,000.

How big is unit 359?

846 sqft (78.6 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 359 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fortunato sold for AED 650,000 to 1,000,000 in the last 12 months, around AED 837 per sqft.

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Mortgage on 359, Fortunato

Starts from the last sale price (AED 400K, 27 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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