2-bed · 2,396 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

G20, Fortunato

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G20 · DLD and Ejari recordsUpdated 20 October 2020
Last soldAED 710K13 August 2014
Current rentAED 75K /yr20 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G20, Fortunato

What is G20 worth today?

Last sold for AED 710,100 in 2014

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20 Oct 2020RentedRenewal
AED 75,000/yr12 months · AED 31 per sqft
20 Oct 2019RentedNew contract
AED 82,000/yr12 months · AED 34 per sqft
1 Apr 2017RentedNew contract
AED 117,000/yr12 months · AED 49 per sqft
29 Aug 2015RentedNew contract
AED 135,000/yr12 months · AED 56 per sqft
13 Aug 2014Sold by developerOff-plan
AED 710,100AED 296 per sqft

Source: Dubai Land Department. Updated 20 October 2020.

Key facts

Type
2-bed apartment
Size
2,396 sqft
Floor
Ground of 4
Parking
Attached
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 24,600 /yr
Last sold
AED 710K · August 2014
Building
Fortunato

About G20, Fortunato

G20 is a two-bedroom apartment of 2,396 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 13 August 2014 for AED 710,100, or AED 296 per sqft, 39% below the AED 485 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 20 October 2020, is AED 75,000 a year: a gross yield of 10.6% on the 2014 price, before the service charge of about AED 24,600 a year.

Sales and rents for G20 over time

Sales
Unit G20, 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 2014: AED 710,100 (AED 296 per sqft)

G20 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G20, 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, August 2015: AED 135,000 a yearNew contract, April 2017: AED 117,000 a yearNew contract, October 2019: AED 82,000 a yearRenewal, October 2020: AED 75,000 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 G20 sits

All 82 2-beds →

G20 last sold in August 2014 at AED 296 per sqft, 39% below what two-beds in Fortunato were fetching at the time (AED 485). 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. G20's AED 75,000 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 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

G20, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 13 August 2014 for AED 710,100, or AED 296 per sqft.
  • Rented since August 2015 on 4 Ejari contracts, from AED 135,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2014 price is 10.6%, before a service charge of about AED 24,600 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 20 October 2020.

Questions about G20, Fortunato

What did unit G20 last sell for?

AED 710,100 on 13 August 2014, sold by the developer: AED 296 per sqft for 2,396 sqft. It is the only registered sale of the unit.

What is the rent for unit G20?

AED 75,000 a year on the contract renewed on 20 October 2020. The previous contract, from October 2019, was AED 82,000; the unit has been rented since August 2015.

How big is unit G20?

2,396 sqft (222.6 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit G20 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 G20, Fortunato

Starts from the last sale price (AED 710K, 13 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 710,100
Deposit, UAE resident (20%)
AED 142,020
Deposit, non-resident (40%)
AED 284,040
Monthly over 25 years at 3.7%
AED 2,905

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