2-bed · 2,501 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

G11, Fortunato

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

Unit G11 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 650K29 April 2015
Current rentAED 79K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G11, Fortunato

What is G11 worth today?

Last sold for AED 650,315 in 2015

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1 Aug 2024RentedRenewal
AED 78,750/yr12 months · AED 31 per sqft
1 Aug 2023RentedRenewal
AED 75,000/yr12 months · AED 30 per sqft
1 Aug 2022RentedRenewal
AED 75,000/yr12 months · AED 30 per sqft
1 Aug 2021RentedNew contract
AED 75,000/yr12 months · AED 30 per sqft
5 May 2020RentedRenewal
AED 90,000/yr12 months · AED 36 per sqft
5 May 2019RentedRenewal
AED 110,000/yr12 months · AED 44 per sqft
5 May 2018RentedRenewal
AED 120,000/yr12 months · AED 48 per sqft
5 May 2017RentedNew contract
AED 120,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
2,501 sqft
Floor
Ground of 4
Parking
Attached
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 25,700 /yr
Last sold
AED 650K · April 2015
Building
Fortunato

About G11, Fortunato

G11 is a two-bedroom apartment of 2,501 sqft on the ground 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 29 April 2015 for AED 650,315, or AED 260 per sqft, 47% below the AED 493 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 August 2024, is AED 78,750 a year: a gross yield of 12.1% on the 2015 price, before the service charge of about AED 25,700 a year.

Sales and rents for G11 over time

Sales
Unit G11, 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 1,520,000

No registered sale of G11; the dashed line is the two-bed median of each year in the building.

Rents
Unit G11, each contractTypical two-bed in Fortunato
100K20152018202120242027Typical 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, May 2015: AED 125,000 a yearNew contract, May 2017: AED 120,000 a yearRenewal, May 2018: AED 120,000 a yearRenewal, May 2019: AED 110,000 a yearRenewal, May 2020: AED 90,000 a yearNew contract, August 2021: AED 75,000 a yearRenewal, August 2022: AED 75,000 a yearRenewal, August 2023: AED 75,000 a yearRenewal, August 2024: AED 78,750 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 G11 sits

All 82 2-beds →

G11 last sold in April 2015 at AED 260 per sqft, 47% below what two-beds in Fortunato were fetching at the time (AED 493). 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. G11's AED 78,750 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 ground floor

All 325 units in Fortunato
Value
G012-bedAED 1.4M · Aug 2022
G022-bedAED 1.55M · Apr 2017
G032-bedAED 1.1M · Apr 2021
G042-bedAED 2.19M · May 2025
G052-bedAED 1.18M · Aug 2022
G062-bedAED 1.51M · Apr 2014
G072-bedAED 630K · Feb 2024
1–7 of 93

G11, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 29 April 2015 for AED 650,315, or AED 260 per sqft.
  • Rented since May 2015 on 9 Ejari contracts, from AED 125,000 to AED 78,750 a year.
  • At AED 78,750 a year the gross yield on the 2015 price is 12.1%, before a service charge of about AED 25,700 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 August 2024.

Questions about G11, Fortunato

What did unit G11 last sell for?

AED 650,315 on 29 April 2015, sold by the developer: AED 260 per sqft for 2,501 sqft. It is the only registered sale of the unit.

What is the rent for unit G11?

AED 78,750 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 75,000; the unit has been rented since May 2015.

How big is unit G11?

2,501 sqft (232.4 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit G11 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 G11, Fortunato

Starts from the last sale price (AED 650K, 29 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 650,315
Deposit, UAE resident (20%)
AED 130,063
Deposit, non-resident (40%)
AED 260,126
Monthly over 25 years at 3.7%
AED 2,661

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