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1-bed · 895 sqftFortunato, Jumeirah Village Circle (JVC) · 2nd floor · completed 2014

271, Fortunato

Sold prices and rental history: sold 3 times, last in December 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 271 · DLD and Ejari recordsUpdated 12 December 2018
Last soldAED 500K12 December 2018
Current rentAED 65K /yr18 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 271, Fortunato

What is 271 worth today?

Last sold for AED 500,000 in 2018

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12 Dec 2018SoldReady
AED 500,000AED 558 per sqft
1 Jul 2018SoldReady
AED 580,000AED 648 per sqft
18 May 2018RentedNew contract
AED 65,000/yr12 months · AED 73 per sqft
4 Apr 2015RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
15 Aug 2013Sold by developerOff-plan
AED 434,625AED 485 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2018.

Key facts

Type
1-bed apartment
Size
895 sqft
Floor
2nd of 4
Parking
B-47
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 9,200 /yr
Last sold
AED 500K · December 2018
Building
Fortunato

About 271, Fortunato

271 is a one-bedroom apartment of 895 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 12 December 2018 for AED 500,000, or AED 558 per sqft, 15% below the AED 658 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 18 May 2018, is AED 65,000 a year: a gross yield of 13.0% on the 2018 price, before the service charge of about AED 9,200 a year.

Sales and rents for 271 over time

Sales
Unit 271, 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, August 2013: AED 434,625 (AED 485 per sqft)Sold, July 2018: AED 580,000 (AED 648 per sqft)Sold, December 2018: AED 500,000 (AED 558 per sqft)

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

Rents
Unit 271, 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, April 2015: AED 70,000 a yearNew contract, May 2018: AED 65,000 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 271 sits

All 149 1-beds →

271 last sold in December 2018 at AED 558 per sqft, 15% below what one-beds in Fortunato were fetching at the time (AED 658). 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. 271's AED 65,000 is in the lower half 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

271, Fortunato in numbers

  • Sold 3 times: first on 15 August 2013 for AED 434,625, last on 12 December 2018 for AED 500,000 (AED 558 per sqft).
  • Rented since April 2015 on 2 Ejari contracts, from AED 70,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2018 price is 13.0%, before a service charge of about AED 9,200 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 12 December 2018.

Questions about 271, Fortunato

What did unit 271 last sell for?

AED 500,000 on 12 December 2018: AED 558 per sqft for 895 sqft. The unit has 3 registered sales; the first was AED 434,625 in August 2013.

What is the rent for unit 271?

AED 65,000 a year on the contract signed on 18 May 2018. The previous contract, from April 2015, was AED 70,000.

How big is unit 271?

895 sqft (83.1 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 271 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 271, Fortunato

Starts from the last sale price (AED 500K, 12 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →