2-bed · 2,373 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

G31, Fortunato

Sold prices and rental history: no registered sale, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G31 · DLD and Ejari recordsUpdated 10 May 2024
Current rentAED 85K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G31, Fortunato

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10 May 2024RentedRenewal
AED 85,000/yr12 months · AED 36 per sqft
10 May 2024RentedRenewal
AED 85,000/yr12 months · AED 36 per sqft
10 May 2023RentedRenewal
AED 75,000/yr12 months · AED 32 per sqft
10 May 2022RentedRenewal
AED 75,000/yr12 months · AED 32 per sqft
10 May 2021RentedNew contract
AED 75,000/yr12 months · AED 32 per sqft
1 Jan 2019RentedRenewal
AED 90,000/yr15 months · AED 38 per sqft
1 Jan 2018RentedRenewal
AED 110,000/yr12 months · AED 46 per sqft
1 Jan 2017RentedNew contract
AED 118,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
2-bed apartment
Size
2,373 sqft
Floor
Ground of 4
Parking
Attached
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 24,400 /yr
Last sold
No registered sale
Building
Fortunato

About G31, Fortunato

G31 is a two-bedroom apartment of 2,373 sqft on the ground floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 85,000 a year, before the service charge of about AED 24,400 a year.

Sales and rents for G31 over time

Sales
Unit G31, 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 G31; the dashed line is the two-bed median of each year in the building.

Rents
Unit G31, each contractTypical two-bed in Fortunato
75K100K125K20152018202120242027Typical 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, April 2015: AED 120,000 a yearNew contract, January 2017: AED 118,000 a yearRenewal, January 2018: AED 110,000 a yearRenewal, January 2019: AED 90,000 a yearNew contract, May 2021: AED 75,000 a yearRenewal, May 2022: AED 75,000 a yearRenewal, May 2023: AED 75,000 a yearRenewal, May 2024: AED 85,000 a yearRenewal, May 2024: AED 85,000 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 G31 sits

All 82 2-beds →

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. G31's AED 85,000 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

G31, Fortunato in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2023 and recovered to AED 85,000 by May 2024.
  • 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 10 May 2024.

Questions about G31, Fortunato

What is the rent for unit G31?

AED 85,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2024, was AED 85,000; the unit has been rented since April 2015.

How big is unit G31?

2,373 sqft (220.5 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit G31 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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