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Studio · 426 sqftFortunato, Jumeirah Village Circle (JVC) · 1st floor · completed 2014

124, Fortunato

Sold prices and rental history: sold twice, last in August 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 20 August 2014
Last soldAED 510K20 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 124, Fortunato

What is 124 worth today?

Last sold for AED 510,000 in 2014

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20 Aug 2014SoldOff-plan
AED 510,000AED 1,197 per sqft
14 Aug 2009Sold by developerOff-plan
AED 300,000AED 704 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2014.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
1st of 4
Parking
B-175
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 4,400 /yr
Last sold
AED 510K · August 2014
Building
Fortunato

About 124, Fortunato

124 is a studio of 426 sqft on the 1st floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. It last sold on 20 August 2014 for AED 510,000, or AED 1,197 per sqft, 57% above the AED 763 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical studio in Fortunato
400K2009201420192024Typical sale price by year: 2009 AED 395,000; 2013 AED 289,982; 2014 AED 490,000; 2015 AED 545,000; 2016 AED 505,000; 2017 AED 510,000; 2018 AED 410,000; 2019 AED 385,000; 2024 AED 455,000; 2025 AED 500,000Sold by developer, August 2009: AED 300,000 (AED 704 per sqft)Sold, August 2014: AED 510,000 (AED 1,197 per sqft)

124 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 124, each contractTypical studio in Fortunato
40K2015201820212024Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 46,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 27,775; 2023 AED 31,076; 2024 AED 42,000; 2025 AED 45,000

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

Studios in Fortunato, and where 124 sits

All 45 studios →

124 last sold in August 2014 at AED 1,197 per sqft, 57% above what studios in Fortunato were fetching at the time (AED 763). Over the last 12 months studios sold for AED 550,000, around AED 1,072 per sqft, and rent for AED 42,000 to 50,000 a year.

Recent studio salesUnit no.Price (AED)Summary
29 Jan 2026550,000
19 Jun 2025500,000
12 Mar 2025560,000
20 Feb 2025485,000
1 studio sale in the last 12 months

Fortunato

Building

324 apartments, studios to 4-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2014 by Al Tajir Real Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 912
Typical sale
AED 900K
Typical rent
AED 65K /yr
Typical yield
8.8%
Fortunato, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 324 units in Fortunato
Value
1011-bedAED 567K · Apr 2014
1021-bedAED 675K · Sep 2023
1031-bedAED 750K · Feb 2025
1041-bedAED 628K · Aug 2009
1051-bedAED 720K · May 2024
1061-bedAED 500K · Apr 2021
1071-bedAED 540K · Feb 2021
1–7 of 28

124, Fortunato in numbers

  • Sold twice: first on 14 August 2009 for AED 300,000, last on 20 August 2014 for AED 510,000 (AED 1,197 per sqft).
  • Studios in Fortunato sold for AED 550,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 912 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2014.

Questions about 124, Fortunato

What did unit 124 last sell for?

AED 510,000 on 20 August 2014: AED 1,197 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 300,000 in August 2009.

How big is unit 124?

426 sqft (39.6 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Fortunato sold for AED 550,000 to 550,000 in the last 12 months, around AED 1,072 per sqft.

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Mortgage on 124, Fortunato

Starts from the last sale price (AED 510K, 20 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

Plus AED 26,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →