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2-bed · 2,483 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

G22, Fortunato

Sold prices and rental history: sold twice, last in February 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G22 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1M23 February 2020
Current rentAED 147K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G22, Fortunato

What is G22 worth today?

Last sold for AED 1,000,000 in 2020

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1 Oct 2024RentedRenewal
AED 147,000/yr12 months · AED 59 per sqft
1 Oct 2023RentedNew contract
AED 140,000/yr12 months · AED 56 per sqft
23 Feb 2020SoldReady
AED 1,000,000AED 402 per sqft
15 Sep 2017RentedNew contract
AED 108,000/yr12 months · AED 43 per sqft
9 Apr 2014Sold by developerOff-plan
AED 1,079,550AED 434 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
2,483 sqft
Floor
Ground of 4
Parking
Attached
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 25,500 /yr
Last sold
AED 1M · February 2020
Building
Fortunato

About G22, Fortunato

G22 is a two-bedroom apartment of 2,483 sqft on the ground floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. It last sold on 23 February 2020 for AED 1,000,000, or AED 402 per sqft, 27% below the AED 549 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 147,000 a year: a gross yield of 14.7% on the 2020 price, before the service charge of about AED 25,500 a year.

Sales and rents for G22 over time

Sales
Unit G22, 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, April 2014: AED 1,079,550 (AED 434 per sqft)Sold, February 2020: AED 1,000,000 (AED 402 per sqft)

G22 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G22, each contractTypical two-bed in Fortunato
100K150K20152018202120242027Typical 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, September 2017: AED 108,000 a yearNew contract, October 2023: AED 140,000 a yearRenewal, October 2024: AED 147,000 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 G22 sits

All 82 2-beds →

G22 last sold in February 2020 at AED 402 per sqft, 27% below what two-beds in Fortunato were fetching at the time (AED 549). 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. G22's AED 147,000 is in the upper 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. 16 sold in the last 12 months.

Typical price per sqft
AED 858 Up 1.8%
Typical sale
AED 950K
Typical rent
AED 65K /yr
Typical yield
8.6%
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

G22, Fortunato in numbers

  • Sold twice: first on 9 April 2014 for AED 1,079,550, last on 23 February 2020 for AED 1,000,000 (AED 402 per sqft).
  • Rented since September 2017 on 3 Ejari contracts, from AED 108,000 to AED 147,000 a year.
  • At AED 147,000 a year the gross yield on the 2020 price is 14.7%, before a service charge of about AED 25,500 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 858 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about G22, Fortunato

What did unit G22 last sell for?

AED 1,000,000 on 23 February 2020: AED 402 per sqft for 2,483 sqft. The unit has 2 registered sales; the first was AED 1,079,550 in April 2014.

What is the rent for unit G22?

AED 147,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 140,000; the unit has been rented since September 2017.

How big is unit G22?

2,483 sqft (230.7 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit G22 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 G22, Fortunato

Starts from the last sale price (AED 1M, 23 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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