1-bed · 1,132 sqftFortunato, Jumeirah Village Circle (JVC) · 4th floor · completed 2014

409, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 775K14 August 2009
Current rentAED 69K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Fortunato

What is 409 worth today?

Last sold for AED 775,425 in 2009

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5 Sep 2025RentedRenewal
AED 69,000/yr12 months · AED 61 per sqft
5 Sep 2024RentedNew contract
AED 69,000/yr12 months · AED 61 per sqft
5 Sep 2023RentedNew contract
AED 54,000/yr12 months · AED 48 per sqft
5 Sep 2022RentedNew contract
AED 54,000/yr12 months · AED 48 per sqft
22 Jul 2021RentedRenewal
AED 45,000/yr12 months · AED 40 per sqft
22 Jul 2020RentedNew contract
AED 48,000/yr12 months · AED 42 per sqft
1 Jun 2019RentedNew contract
AED 58,000/yr12 months · AED 51 per sqft
15 Feb 2018RentedNew contract
AED 73,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2025.

Key facts

Type
1-bed apartment
Size
1,132 sqft
Floor
4th of 4
Parking
B-182
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 11,600 /yr
Last sold
AED 775K · August 2009
Building
Fortunato

About 409, Fortunato

409 is a one-bedroom apartment of 1,132 sqft on the 4th 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 14 August 2009 for AED 775,425, or AED 684 per sqft, 6% below the AED 729 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 5 September 2025, is AED 69,000 a year: a gross yield of 8.9% on the 2009 price, before the service charge of about AED 11,600 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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 775,425 (AED 684 per sqft)

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

Rents
Unit 409, 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, February 2018: AED 73,000 a yearNew contract, June 2019: AED 58,000 a yearNew contract, July 2020: AED 48,000 a yearRenewal, July 2021: AED 45,000 a yearNew contract, September 2022: AED 54,000 a yearNew contract, September 2023: AED 54,000 a yearNew contract, September 2024: AED 69,000 a yearRenewal, September 2025: AED 69,000 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 409 sits

All 149 1-beds →

409 last sold in August 2009 at AED 684 per sqft, 6% below what one-beds in Fortunato were fetching at the time (AED 729). 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. 409's AED 69,000 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
4041-bedAED 560K · Dec 2020
4051-bedAED 925K · Oct 2014
4061-bedAED 851K · Jul 2025
407PenthouseNo registered sale
1–7 of 51

409, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 14 August 2009 for AED 775,425, or AED 684 per sqft.
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 73,000 to AED 45,000 in 2021 and recovered to AED 69,000 by September 2025.
  • At AED 69,000 a year the gross yield on the 2009 price is 8.9%, before a service charge of about AED 11,600 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 5 September 2025.

Questions about 409, Fortunato

What did unit 409 last sell for?

AED 775,425 on 14 August 2009, sold by the developer: AED 684 per sqft for 1,132 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 69,000 a year on the contract renewed on 5 September 2025. The previous contract, from September 2024, was AED 69,000; the unit has been rented since February 2018.

How big is unit 409?

1,132 sqft (105.2 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2014.

What is unit 409 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 409, Fortunato

Starts from the last sale price (AED 775K, 14 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 775,425
Deposit, UAE resident (20%)
AED 155,085
Deposit, non-resident (40%)
AED 310,170
Monthly over 25 years at 3.7%
AED 3,173

Plus AED 37,578 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →