2-bed · 1,894 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

G56, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G56 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.41M13 August 2009
Current rentAED 100K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G56, Fortunato

What is G56 worth today?

Last sold for AED 1,413,864 in 2009

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1 Sep 2024RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
1 Sep 2024RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
1 Sep 2023RentedRenewal
AED 80,000/yr12 months · AED 42 per sqft
1 Sep 2023RentedRenewal
AED 80,000/yr12 months · AED 42 per sqft
1 Sep 2022RentedRenewal
AED 80,000/yr12 months · AED 42 per sqft
1 Sep 2021RentedRenewal
AED 80,000/yr12 months · AED 42 per sqft
1 Sep 2020RentedRenewal
AED 83,000/yr12 months · AED 44 per sqft
1 Sep 2019RentedRenewal
AED 97,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,894 sqft
Floor
Ground of 4
Parking
B-129
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 19,500 /yr
Last sold
AED 1.41M · August 2009
Building
Fortunato

About G56, Fortunato

G56 is a two-bedroom apartment of 1,894 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 2009 for AED 1,413,864, or AED 746 per sqft, 4% above the AED 719 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 100,000 a year: a gross yield of 7.1% on the 2009 price, before the service charge of about AED 19,500 a year.

Sales and rents for G56 over time

Sales
Unit G56, 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 2009: AED 1,413,864 (AED 746 per sqft)

G56 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G56, 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, July 2017: AED 115,000 a yearNew contract, September 2018: AED 105,000 a yearRenewal, September 2019: AED 97,000 a yearRenewal, September 2020: AED 83,000 a yearRenewal, September 2021: AED 80,000 a yearRenewal, September 2022: AED 80,000 a yearRenewal, September 2023: AED 80,000 a yearRenewal, September 2023: AED 80,000 a yearRenewal, September 2024: AED 100,000 a yearRenewal, September 2024: AED 100,000 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 G56 sits

All 82 2-beds →

G56 last sold in August 2009 at AED 746 per sqft, 4% above what two-beds in Fortunato were fetching at the time (AED 719). 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. G56's AED 100,000 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. 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

G56, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 13 August 2009 for AED 1,413,864, or AED 746 per sqft.
  • Rented since July 2017 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2023 and recovered to AED 100,000 by September 2024.
  • At AED 100,000 a year the gross yield on the 2009 price is 7.1%, before a service charge of about AED 19,500 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 869 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about G56, Fortunato

What did unit G56 last sell for?

AED 1,413,864 on 13 August 2009, sold by the developer: AED 746 per sqft for 1,894 sqft. It is the only registered sale of the unit.

What is the rent for unit G56?

AED 100,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 100,000; the unit has been rented since July 2017.

How big is unit G56?

1,894 sqft (176.0 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit G56 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 G56, Fortunato

Starts from the last sale price (AED 1.41M, 13 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,413,864
Deposit, UAE resident (20%)
AED 282,773
Deposit, non-resident (40%)
AED 565,546
Monthly over 25 years at 3.7%
AED 5,785

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