2-bed · 1,950 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

G57, Fortunato

Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G57 · DLD and Ejari recordsUpdated 3 May 2024
Last soldAED 1.43M3 May 2024
Current rentAED 90K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G57, Fortunato

What is G57 worth today?

Last sold for AED 1,425,000 in 2024

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3 May 2024Sold by developerReady
AED 1,425,000AED 730 per sqft
1 Jun 2023RentedRenewal
AED 90,000/yr12 months · AED 46 per sqft
1 Jun 2022RentedNew contract
AED 87,000/yr12 months · AED 45 per sqft
16 May 2021RentedNew contract
AED 78,000/yr12 months · AED 40 per sqft
23 Apr 2020RentedRenewal
AED 96,000/yr12 months · AED 49 per sqft
23 Apr 2019RentedRenewal
AED 108,000/yr12 months · AED 55 per sqft
23 Apr 2018RentedRenewal
AED 120,000/yr12 months · AED 62 per sqft
23 Apr 2017RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 3 May 2024.

Key facts

Type
2-bed apartment
Size
1,950 sqft
Floor
Ground of 4
Parking
B-134
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 20,000 /yr
Last sold
AED 1.43M · May 2024
Building
Fortunato

About G57, Fortunato

G57 is a two-bedroom apartment of 1,950 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 May 2024 for AED 1,425,000, or AED 730 per sqft, 39% above the AED 524 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 90,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 20,000 a year.

Sales and rents for G57 over time

Sales
Unit G57, 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, May 2024: AED 1,425,000 (AED 730 per sqft)

G57 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G57, 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 2017: AED 120,000 a yearRenewal, April 2018: AED 120,000 a yearRenewal, April 2019: AED 108,000 a yearRenewal, April 2020: AED 96,000 a yearNew contract, May 2021: AED 78,000 a yearNew contract, June 2022: AED 87,000 a yearRenewal, June 2023: AED 90,000 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 G57 sits

All 82 2-beds →

G57 last sold in May 2024 at AED 730 per sqft, 39% above what two-beds in Fortunato were fetching at the time (AED 524). 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. G57's AED 90,000 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

G57, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 3 May 2024 for AED 1,425,000, or AED 730 per sqft.
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 78,000 in 2021 and recovered to AED 90,000 by June 2023.
  • At AED 90,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 20,000 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 3 May 2024.

Questions about G57, Fortunato

What did unit G57 last sell for?

AED 1,425,000 on 3 May 2024, sold by the developer: AED 730 per sqft for 1,950 sqft. It is the only registered sale of the unit.

What is the rent for unit G57?

AED 90,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 87,000; the unit has been rented since April 2017.

How big is unit G57?

1,950 sqft (181.2 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit G57 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 G57, Fortunato

Starts from the last sale price (AED 1.43M, 3 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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