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1-bed · 808 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

237, Fortunato

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 237 · DLD and Ejari recordsUpdated 1 January 2021
Last soldAED 599K4 May 2009
Current rentAED 38K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 237, Fortunato

What is 237 worth today?

Last sold for AED 599,000 in 2009

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1 Jan 2021RentedRenewal
AED 38,000/yr12 months · AED 47 per sqft
1 Jan 2020RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
1 Sep 2017RentedRenewal
AED 66,000/yr12 months · AED 82 per sqft
1 Sep 2016RentedNew contract
AED 68,000/yr12 months · AED 84 per sqft
4 May 2009Sold by developerOff-plan
AED 599,000AED 741 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2021.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
2nd of 4
Parking
B-354
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 599K · May 2009
Building
Fortunato

About 237, Fortunato

237 is a one-bedroom apartment of 808 sqft on the 2nd 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 4 May 2009 for AED 599,000, or AED 741 per sqft.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 January 2021, is AED 38,000 a year: a gross yield of 6.3% on the 2009 price, before the service charge of about AED 8,300 a year.

Sales and rents for 237 over time

Sales
Unit 237, each saleTypical one-bed in Fortunato
400K600K800K2009201420192024Typical sale price by year: 2009 AED 630,000; 2013 AED 447,616; 2014 AED 645,600; 2015 AED 800,000; 2016 AED 565,000; 2017 AED 710,000; 2018 AED 564,700; 2019 AED 536,500; 2020 AED 485,000; 2021 AED 499,999; 2022 AED 519,500; 2023 AED 650,000; 2024 AED 740,000; 2025 AED 837,500Sold by developer, May 2009: AED 599,000 (AED 741 per sqft)

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

Rents
Unit 237, each contractTypical one-bed in Fortunato
40K60K20152018202120242027Typical rent by year: 2015 AED 72,000; 2016 AED 70,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 38,250; 2022 AED 43,000; 2023 AED 54,000; 2024 AED 59,000; 2025 AED 65,000; 2026 AED 62,950New contract, September 2016: AED 68,000 a yearRenewal, September 2017: AED 66,000 a yearNew contract, January 2020: AED 42,000 a yearRenewal, January 2021: AED 38,000 a year

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

1-beds in Fortunato, and where 237 sits

All 149 1-beds →

Over the last 12 months one-beds sold for AED 850,000 to 1,000,000, around AED 858 per sqft, and rent for AED 54,574 to 100,000 a year. 237's AED 38,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20261,000,000
9 Jan 2026900,000
22 Jul 2025851,000
18 Jul 2025933,000
3 1-bed sales 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 2nd floor

All 324 units in Fortunato
Value
2011-bedAED 380K · Dec 2022
2021-bedAED 480K · Jul 2015
2032-bedAED 1M · Jun 2023
204AED 497K · Nov 2025
2052-bedAED 1.26M · Jun 2015
2061-bedAED 600K · Jun 2023
2071-bedAED 593K · Aug 2009
1–7 of 87

237, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 4 May 2009 for AED 599,000, or AED 741 per sqft.
  • Rented since September 2016 on 4 Ejari contracts, from AED 68,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2009 price is 6.3%, before a service charge of about AED 8,300 a year (AED 10.28 per sqft).
  • One-beds in Fortunato sold for AED 850,000–1,000,000 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 January 2021.

Questions about 237, Fortunato

What did unit 237 last sell for?

AED 599,000 on 4 May 2009, sold by the developer: AED 741 per sqft for 808 sqft. It is the only registered sale of the unit.

What is the rent for unit 237?

AED 38,000 a year on the contract renewed on 1 January 2021. The previous contract, from January 2020, was AED 42,000; the unit has been rented since September 2016.

How big is unit 237?

808 sqft (75.1 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 237 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fortunato sold for AED 850,000 to 1,000,000 in the last 12 months, around AED 858 per sqft.

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Mortgage on 237, Fortunato

Starts from the last sale price (AED 599K, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →