Fortunato in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in Fortunato

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	48	897	43,050
1	86	808	69,286
2	137	761	104,000

The cap rate (rental yield) of investments into Fortunato project is 8.2% on average.

The price of an apartment in Fortunato is 9,692 AED/sqm on average.

The long term rent of an apartment in Fortunato is 798 AED/sqm/year on average.

Rent for Studio apartment in Fortunato is 43,050 AED or 897 AED/sqm.
Rent for 1 bedroom apartment in Fortunato is 69,286 AED or 808 AED/sqm.
Rent for 2 bedroom apartment in Fortunato is 104,000 AED or 761 AED/sqm.

About Fortunato

'Fortunato' in 'Jumeirah Village Circle' area project description

Fortunato is a luxurious residential development located in the heart of Dubai, UAE. The project is a joint venture between the Dubai-based real estate developer, Meraas, and the Italian luxury lifestyle brand, Fendi. The project is set to be the epitome of luxury living, offering a unique blend of Italian elegance and modern sophistication.

Fortunato is located in the Jumeirah Village Circle, a prime location in Dubai. The project will feature two residential towers, each with its own distinct character. The first tower, Fortunato Tower One, is a 27-storey building with a total of 240 apartments. The second tower, Fortunato Tower Two, is a 25-storey building with a total of 200 apartments. Both towers will feature a range of luxurious amenities, including a swimming pool, a gym, a spa, a business centre, a library, and a restaurant.

The apartments in Fortunato are designed to be modern and luxurious, with a range of features such as floor-to-ceiling windows, marble floors, and Italian-style kitchens. The apartments are also equipped with the latest home automation technology, allowing residents to control their lights, air conditioning, and security systems from their smartphones.

Fortunato is set to be an iconic development in Dubai, offering residents a unique lifestyle experience. The project is expected to be completed in 2021, and will be a great addition to the city’s skyline. With its luxurious amenities and modern design, Fortunato is sure to be a popular choice for those looking for the ultimate in luxury living.

Q&A on Fortunato

What are the advantages of 'Fortunato' project in Dubai for property buyers? What are the disadvantages?

1. Affordable Prices: The Fortunato project offers buyers the opportunity to purchase high-quality real estate at an affordable price. This is especially beneficial for first-time buyers who may not be able to afford the higher prices of other projects in the area.

2. Easy Payment Plans: The Fortunato project offers buyers the ability to purchase real estate through easy payment plans. This makes it easier for buyers to purchase real estate without having to pay the entire amount upfront.

3. Quality Construction: The Fortunato project is built to the highest standards of quality and safety. This ensures that buyers are purchasing real estate that is built to last.

4. Prime Location: The Fortunato project is located in the heart of Dubai, giving buyers easy access to the city’s amenities and attractions.

5. Variety of Options: The Fortunato project offers buyers a variety of options when it comes to purchasing real estate. Buyers can choose from apartments, villas, and townhouses.