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

129, Fortunato

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

Unit 129 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 308K24 May 2009
Current rentAED 45K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 129, Fortunato

What is 129 worth today?

Last sold for AED 307,736 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2025RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
1 Dec 2023RentedNew contract
AED 32,000/yr12 months · AED 75 per sqft
15 Aug 2023RentedNew contract
AED 32,000/yr12 months · AED 74 per sqft
1 Aug 2022RentedRenewal
AED 24,000/yr12 months · AED 56 per sqft
1 Aug 2021RentedNew contract
AED 23,000/yr12 months · AED 54 per sqft
1 Aug 2020RentedNew contract
AED 24,000/yr12 months · AED 56 per sqft
1 Dec 2019RentedRenewal
AED 30,000/yr12 months · AED 70 per sqft
1 Dec 2018RentedRenewal
AED 35,000/yr12 months · AED 81 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
1st of 4
Parking
B-248
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 4,400 /yr
Last sold
AED 308K · May 2009
Building
Fortunato

About 129, Fortunato

129 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. The developer sold it on 24 May 2009 for AED 307,736, or AED 723 per sqft, 7% below the AED 778 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 1 May 2025, is AED 45,000 a year: a gross yield of 14.6% on the 2009 price, before the service charge of about AED 4,400 a year.

Sales and rents for 129 over time

Sales
Unit 129, 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, May 2009: AED 307,736 (AED 723 per sqft)

129 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 129, each contractTypical studio in Fortunato
20K40K2015201820212024Typical 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 45,000New contract, December 2017: AED 38,000 a yearRenewal, December 2018: AED 35,000 a yearRenewal, December 2019: AED 30,000 a yearNew contract, August 2020: AED 24,000 a yearNew contract, August 2021: AED 23,000 a yearRenewal, August 2022: AED 24,000 a yearNew contract, August 2023: AED 32,000 a yearNew contract, December 2023: AED 32,000 a yearNew contract, May 2025: AED 45,000 a year

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

Studios in Fortunato, and where 129 sits

All 45 studios →

129 last sold in May 2009 at AED 723 per sqft, 7% below what studios in Fortunato were fetching at the time (AED 778). 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. 129's AED 45,000 is in the lower half of that range.

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

129, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 24 May 2009 for AED 307,736, or AED 723 per sqft.
  • Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 23,000 in 2021 and recovered to AED 45,000 by May 2025.
  • At AED 45,000 a year the gross yield on the 2009 price is 14.6%, before a service charge of about AED 4,400 a year (AED 10.28 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 1 May 2025.

Questions about 129, Fortunato

What did unit 129 last sell for?

AED 307,736 on 24 May 2009, sold by the developer: AED 723 per sqft for 426 sqft. It is the only registered sale of the unit.

What is the rent for unit 129?

AED 45,000 a year on the contract signed on 1 May 2025. The previous contract, from December 2023, was AED 32,000; the unit has been rented since December 2017.

How big is unit 129?

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

What is unit 129 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.

Selling 129? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 129, Fortunato

Starts from the last sale price (AED 308K, 24 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 307,736
Deposit, UAE resident (20%)
AED 61,547
Deposit, non-resident (40%)
AED 123,094
Monthly over 25 years at 3.7%
AED 1,259

Plus AED 15,834 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →