4-bed · 4,658 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

T-08, Fortunato

Sold prices and rental history: sold 3 times, last in September 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T-08 · DLD and Ejari recordsUpdated 6 September 2020
Last soldAED 1.35M6 September 2020
Current rentAED 115K /yr26 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T-08, Fortunato

What is T-08 worth today?

Last sold for AED 1,350,000 in 2020

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6 Sep 2020SoldReady
AED 1,350,000AED 289 per sqft
25 Nov 2019SoldReady · flagged as an outlier
AED 1,000,000AED 214 per sqft
26 Feb 2019RentedRenewal
AED 115,000/yr12 months · AED 25 per sqft
26 Feb 2018RentedRenewal
AED 130,000/yr12 months · AED 28 per sqft
26 Feb 2017RentedNew contract
AED 145,000/yr12 months · AED 31 per sqft
3 Nov 2016Sold by developerReady
AED 1,513,840AED 325 per sqft

Source: Dubai Land Department. Updated 6 September 2020.

Key facts

Type
4-bed apartment
Size
4,658 sqft
Floor
Ground of 4
Parking
Attached
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 47,900 /yr
Last sold
AED 1.35M · September 2020
Building
Fortunato

About T-08, Fortunato

T-08 is a four-bedroom apartment of 4,658 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 6 September 2020 for AED 1,350,000, or AED 289 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 26 February 2019, is AED 115,000 a year: a gross yield of 8.5% on the 2020 price, before the service charge of about AED 47,900 a year.

Sales and rents for T-08 over time

Sales
Unit T-08, each saleTypical four-bed in Fortunato
1.5M2M2.5M2009201420192024Typical sale price by year: 2009 AED 2,200,000; 2014 AED 1,707,179; 2015 AED 1,338,372; 2016 AED 2,005,000; 2020 AED 1,250,000; 2023 AED 1,875,000; 2025 AED 2,225,000; 2026 AED 2,340,303Sold by developer, November 2016: AED 1,513,840 (AED 325 per sqft)Sold, September 2020: AED 1,350,000 (AED 289 per sqft)

T-08 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit T-08, each contractTypical four-bed in Fortunato
100K150K20152018202120242027Typical rent by year: 2015 AED 142,500; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 95,000; 2020 AED 88,000; 2021 AED 85,000; 2022 AED 97,500; 2023 AED 125,000; 2024 AED 127,000; 2025 AED 152,250; 2026 AED 139,000New contract, February 2017: AED 145,000 a yearRenewal, February 2018: AED 130,000 a yearRenewal, February 2019: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Fortunato, and where T-08 sits

All 30 4-beds →

Over the last 12 months four-beds sold for AED 2,300,000 to 2,950,000, around AED 722 per sqft, and rent for AED 80,000 to 170,000 a year. T-08's AED 115,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
18 May 20262,340,303
20 Apr 20262,300,000
29 Jan 20262,950,000
30 Apr 20252,500,000
3 4-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

T-08, Fortunato in numbers

  • Sold 3 times: first on 3 November 2016 for AED 1,513,840, last on 6 September 2020 for AED 1,350,000 (AED 289 per sqft).
  • Rented since February 2017 on 3 Ejari contracts, from AED 145,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2020 price is 8.5%, before a service charge of about AED 47,900 a year (AED 10.28 per sqft).
  • Four-beds in Fortunato sold for AED 2,300,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 869 per sqft.

Source: Dubai Land Department. Updated 6 September 2020.

Questions about T-08, Fortunato

What did unit T-08 last sell for?

AED 1,350,000 on 6 September 2020: AED 289 per sqft for 4,658 sqft. The unit has 3 registered sales; the first was AED 1,513,840 in November 2016.

What is the rent for unit T-08?

AED 115,000 a year on the contract renewed on 26 February 2019. The previous contract, from February 2018, was AED 130,000; the unit has been rented since February 2017.

How big is unit T-08?

4,658 sqft (432.7 sqm): a four-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit T-08 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Fortunato sold for AED 2,300,000 to 2,950,000 in the last 12 months, around AED 722 per sqft.

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Mortgage on T-08, Fortunato

Starts from the last sale price (AED 1.35M, 6 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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