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1-bed · 997 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

G40, Fortunato

Sold prices and rental history: sold once, by the developer in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G40 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 620K3 April 2023
Current rentAED 73K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G40, Fortunato

What is G40 worth today?

Last sold for AED 620,000 in 2023

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1 Jul 2026RentedRenewal
AED 73,000/yr15 months · AED 73 per sqft
1 Jul 2025RentedRenewal
AED 80,400/yr12 months · AED 80 per sqft
1 Jul 2025RentedNew contract
AED 73,000/yr12 months · AED 73 per sqft
1 Jul 2025RentedRenewal
AED 80,400/yr12 months · AED 80 per sqft
1 Jul 2025RentedNew contract
AED 73,000/yr12 months · AED 73 per sqft
1 Jul 2024RentedNew contract
AED 73,000/yr12 months · AED 73 per sqft
3 Apr 2023Sold by developerReady
AED 620,000AED 621 per sqft
16 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
997 sqft
Floor
Ground of 4
Parking
B-92
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 10,200 /yr
Last sold
AED 620K · April 2023
Building
Fortunato

About G40, Fortunato

G40 is a one-bedroom apartment of 997 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 3 April 2023 for AED 620,000, or AED 621 per sqft, in line with the AED 613 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 73,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 10,200 a year.

Sales and rents for G40 over time

Sales
Unit G40, 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, April 2023: AED 620,000 (AED 621 per sqft)

G40 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G40, each contractTypical one-bed in Fortunato
40K60K80K2015201920232027Typical 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 2016: AED 80,000 a yearNew contract, April 2018: AED 73,000 a yearRenewal, April 2019: AED 70,000 a yearNew contract, April 2020: AED 60,000 a yearNew contract, April 2022: AED 55,000 a yearNew contract, July 2024: AED 73,000 a yearRenewal, July 2025: AED 80,400 a yearNew contract, July 2025: AED 73,000 a yearRenewal, July 2025: AED 80,400 a yearNew contract, July 2025: AED 73,000 a yearRenewal, July 2026: AED 73,000 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 G40 sits

All 152 1-beds →

G40 last sold in April 2023 at AED 621 per sqft, in line with what one-beds in Fortunato were fetching at the time (AED 613). 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. G40's AED 73,000 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 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

G40, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 3 April 2023 for AED 620,000, or AED 621 per sqft.
  • Rented since April 2016 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2022 and recovered to AED 73,000 by July 2026.
  • At AED 73,000 a year the gross yield on the 2023 price is 11.8%, before a service charge of about AED 10,200 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 1 July 2026.

Questions about G40, Fortunato

What did unit G40 last sell for?

AED 620,000 on 3 April 2023, sold by the developer: AED 621 per sqft for 997 sqft. It is the only registered sale of the unit.

What is the rent for unit G40?

AED 73,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 80,400; the unit has been rented since April 2016.

How big is unit G40?

997 sqft (92.6 sqm): a one-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit G40 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 G40, Fortunato

Starts from the last sale price (AED 620K, 3 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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