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Penthouse · 1,862 sqftFortunato, Jumeirah Village Circle (JVC) · 4th floor · completed 2014

421, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 421 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.36M14 August 2009
Current rentAED 103K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 421, Fortunato

What is 421 worth today?

Last sold for AED 1,364,849 in 2009

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1 Jul 2025RentedRenewal
AED 102,637/yr12 months · AED 55 per sqft
1 Jul 2024RentedRenewal
AED 97,750/yr12 months · AED 52 per sqft
1 Jul 2023RentedRenewal
AED 85,000/yr12 months · AED 46 per sqft
1 Jul 2022RentedRenewal
AED 77,000/yr12 months · AED 41 per sqft
1 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 43 per sqft
15 Jan 2019RentedNew contract
AED 100,000/yr12 months · AED 54 per sqft
20 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft
15 May 2015RentedNew contract
AED 130,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.

Key facts

Type
Penthouse apartment
Size
1,862 sqft
Floor
4th of 4
Parking
B-149, B-150
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 19,100 /yr
Last sold
AED 1.36M · August 2009
Building
Fortunato

About 421, Fortunato

421 is a penthouse of 1,862 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 1,364,849, or AED 733 per sqft, in line with the AED 744 penthouses in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 102,637 a year: a gross yield of 7.5% on the 2009 price, before the service charge of about AED 19,100 a year.

Sales and rents for 421 over time

Sales
Unit 421, each saleTypical penthouse in Fortunato
1M1.25M2009201120132015Typical sale price by year: 2009 AED 1,411,981; 2015 AED 939,648Sold by developer, August 2009: AED 1,364,849 (AED 733 per sqft)

421 has sold once; the dashed line is the penthouse median of each year in the building.

Rents
Unit 421, each contractTypical penthouse in Fortunato
100K2015201820212024Typical rent by year: 2015 AED 132,500; 2016 AED 135,000; 2017 AED 120,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 70,000; 2022 AED 80,000; 2023 AED 100,000; 2024 AED 109,250; 2025 AED 122,500New contract, May 2015: AED 130,000 a yearNew contract, January 2018: AED 110,000 a yearNew contract, January 2019: AED 100,000 a yearNew contract, July 2020: AED 80,000 a yearRenewal, July 2022: AED 77,000 a yearRenewal, July 2023: AED 85,000 a yearRenewal, July 2024: AED 97,750 a yearRenewal, July 2025: AED 102,637 a year

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

Penthouses in Fortunato, and where 421 sits

All 11 22-beds →

421 last sold in August 2009 at AED 733 per sqft, in line with what penthouses in Fortunato were fetching at the time (AED 744).

Recent penthouse salesUnit no.Price (AED)Summary
23 Dec 2020900,000
27 Nov 20171,575,000
9 May 20161,565,000
3 Jan 20161,515,000
0 penthouse 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

421, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 14 August 2009 for AED 1,364,849, or AED 733 per sqft.
  • Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 77,000 in 2022 and recovered to AED 102,637 by July 2025.
  • At AED 102,637 a year the gross yield on the 2009 price is 7.5%, before a service charge of about AED 19,100 a year (AED 10.28 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.

Questions about 421, Fortunato

What did unit 421 last sell for?

AED 1,364,849 on 14 August 2009, sold by the developer: AED 733 per sqft for 1,862 sqft. It is the only registered sale of the unit.

What is the rent for unit 421?

AED 102,637 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 97,750; the unit has been rented since May 2015.

How big is unit 421?

1,862 sqft (173.0 sqm): a penthouse on the 4th floor of a 4-storey tower completed in 2014.

What is unit 421 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 421, Fortunato

Starts from the last sale price (AED 1.36M, 14 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,364,849
Deposit, UAE resident (20%)
AED 272,970
Deposit, non-resident (40%)
AED 545,940
Monthly over 25 years at 3.7%
AED 5,584

Plus AED 62,334 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →