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4-bed · 3,181 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

T-15, Fortunato

Sold prices and rental history: sold twice, last in October 2017, and rented once, from May 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T-15 · DLD and Ejari recordsUpdated 10 October 2017
Last soldAED 1.75M10 October 2017
Current rentAED 145K /yr1 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T-15, Fortunato

What is T-15 worth today?

Last sold for AED 1,750,000 in 2017

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10 Oct 2017SoldReady
AED 1,750,000AED 550 per sqft
1 May 2015RentedNew contract
AED 145,000/yr12 months · AED 46 per sqft
14 Aug 2009Sold by developerOff-plan
AED 2,250,000AED 707 per sqft

Source: Dubai Land Department. Updated 10 October 2017.

Key facts

Type
4-bed apartment
Size
3,181 sqft
Floor
Ground of 4
Parking
Attached
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 32,700 /yr
Last sold
AED 1.75M · October 2017
Building
Fortunato

About T-15, Fortunato

T-15 is a four-bedroom apartment of 3,181 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 10 October 2017 for AED 1,750,000, or AED 550 per sqft, 5% below the AED 576 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2015. The current contract, signed on 1 May 2015, is AED 145,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 32,700 a year.

Sales and rents for T-15 over time

Sales
Unit T-15, 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, August 2009: AED 2,250,000 (AED 707 per sqft)Sold, October 2017: AED 1,750,000 (AED 550 per sqft)

T-15 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit T-15, 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, May 2015: AED 145,000 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-15 sits

All 30 4-beds →

T-15 last sold in October 2017 at AED 550 per sqft, 5% below what four-beds in Fortunato were fetching at the time (AED 576). 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-15's AED 145,000 is in the upper 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-15, Fortunato in numbers

  • Sold twice: first on 14 August 2009 for AED 2,250,000, last on 10 October 2017 for AED 1,750,000 (AED 550 per sqft).
  • Rented since May 2015 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 32,700 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 10 October 2017.

Questions about T-15, Fortunato

What did unit T-15 last sell for?

AED 1,750,000 on 10 October 2017: AED 550 per sqft for 3,181 sqft. The unit has 2 registered sales; the first was AED 2,250,000 in August 2009.

What is the rent for unit T-15?

AED 145,000 a year on the contract signed on 1 May 2015.

How big is unit T-15?

3,181 sqft (295.5 sqm): a four-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit T-15 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-15, Fortunato

Starts from the last sale price (AED 1.75M, 10 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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