1-bed · 1,208 sqftFortunato, Jumeirah Village Circle (JVC) · 4th floor · completed 2014

404, Fortunato

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 24 August 2024
Last soldAED 560K16 December 2020
Current rentAED 75K /yr24 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Fortunato

What is 404 worth today?

Last sold for AED 560,000 in 2020

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24 Aug 2024RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
20 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
26 Mar 2023RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft
15 Mar 2021RentedNew contract
AED 46,000/yr12 months · AED 38 per sqft
16 Dec 2020SoldReady
AED 560,000AED 463 per sqft
12 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
12 Aug 2009Sold by developerOff-plan
AED 737,660AED 610 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 August 2024.

Key facts

Type
1-bed apartment
Size
1,208 sqft
Floor
4th of 4
Parking
B-225
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 12,400 /yr
Last sold
AED 560K · December 2020
Building
Fortunato

About 404, Fortunato

404 is a one-bedroom apartment of 1,208 sqft on the 4th floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. It last sold on 16 December 2020 for AED 560,000, or AED 463 per sqft, 15% below the AED 546 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 24 August 2024, is AED 75,000 a year: a gross yield of 13.4% on the 2020 price, before the service charge of about AED 12,400 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 2009: AED 737,660 (AED 610 per sqft)Sold, December 2020: AED 560,000 (AED 463 per sqft)

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

Rents
Unit 404, 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, October 2017: AED 70,000 a yearNew contract, March 2021: AED 46,000 a yearNew contract, March 2023: AED 65,000 a yearNew contract, August 2023: AED 70,000 a yearNew contract, August 2024: AED 75,000 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 404 sits

All 149 1-beds →

404 last sold in December 2020 at AED 463 per sqft, 15% below what one-beds in Fortunato were fetching at the time (AED 546). 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. 404's AED 75,000 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 4th floor

All 324 units in Fortunato
Value
4011-bedAED 771K · Aug 2009
402PenthouseAED 1.41M · Aug 2009
4031-bedAED 850K · May 2024
4051-bedAED 925K · Oct 2014
4061-bedAED 851K · Jul 2025
407PenthouseNo registered sale
4081-bedAED 575K · Dec 2019
1–7 of 51

404, Fortunato in numbers

  • Sold twice: first on 12 August 2009 for AED 737,660, last on 16 December 2020 for AED 560,000 (AED 463 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 46,000 in 2021 and recovered to AED 75,000 by August 2024.
  • At AED 75,000 a year the gross yield on the 2020 price is 13.4%, before a service charge of about AED 12,400 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 24 August 2024.

Questions about 404, Fortunato

What did unit 404 last sell for?

AED 560,000 on 16 December 2020: AED 463 per sqft for 1,208 sqft. The unit has 2 registered sales; the first was AED 737,660 in August 2009.

What is the rent for unit 404?

AED 75,000 a year on the contract signed on 24 August 2024. The previous contract, from August 2023, was AED 70,000; the unit has been rented since October 2017.

How big is unit 404?

1,208 sqft (112.2 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2014.

What is unit 404 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 404, Fortunato

Starts from the last sale price (AED 560K, 16 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

Plus AED 28,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →