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1-bed · 832 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

249, Fortunato

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 249 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 800K15 October 2024
Current rentAED 45K /yr10 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 249, Fortunato

What is 249 worth today?

Last sold for AED 800,000 in 2024

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15 Oct 2024SoldReady
AED 800,000AED 961 per sqft
10 Nov 2022RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
10 Nov 2021RentedNew contract
AED 43,000/yr12 months · AED 52 per sqft
1 Oct 2018RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
19 Feb 2016RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
23 Mar 2014SoldOff-plan
AED 855,000AED 1,027 per sqft
15 Aug 2013Sold by developerOff-plan
AED 401,214AED 482 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
2nd of 4
Parking
B-194
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 800K · October 2024
Building
Fortunato

About 249, Fortunato

249 is a one-bedroom apartment of 832 sqft on the 2nd floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. It last sold on 15 October 2024 for AED 800,000, or AED 961 per sqft, 27% above the AED 758 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 10 November 2022, is AED 45,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 8,600 a year.

Sales and rents for 249 over time

Sales
Unit 249, each saleTypical one-bed in Fortunato
500K750K2009201420192024Typical 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, August 2013: AED 401,214 (AED 482 per sqft)Sold, March 2014: AED 855,000 (AED 1,027 per sqft)Sold, October 2024: AED 800,000 (AED 961 per sqft)

249 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 249, each contractTypical one-bed in Fortunato
40K60K80K20152018202120242027Typical 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, February 2016: AED 75,000 a yearNew contract, October 2018: AED 60,000 a yearNew contract, November 2021: AED 43,000 a yearRenewal, November 2022: AED 45,000 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 249 sits

All 149 1-beds →

249 last sold in October 2024 at AED 961 per sqft, 27% above what one-beds in Fortunato were fetching at the time (AED 758). 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. 249's AED 45,000 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

249, Fortunato in numbers

  • Sold 3 times: first on 15 August 2013 for AED 401,214, last on 15 October 2024 for AED 800,000 (AED 961 per sqft).
  • Rented since February 2016 on 4 Ejari contracts, from AED 75,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 8,600 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 15 October 2024.

Questions about 249, Fortunato

What did unit 249 last sell for?

AED 800,000 on 15 October 2024: AED 961 per sqft for 832 sqft. The unit has 3 registered sales; the first was AED 401,214 in August 2013.

What is the rent for unit 249?

AED 45,000 a year on the contract renewed on 10 November 2022. The previous contract, from November 2021, was AED 43,000; the unit has been rented since February 2016.

How big is unit 249?

832 sqft (77.3 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 249 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 249, Fortunato

Starts from the last sale price (AED 800K, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →