Unit 248, Fortunato: what it sold for and what it is worth now

Unit 248 at Fortunato is a studio of 501 sq ft. It last sold for AED 560,000 on 12 Mar 2025. At AED 869 per sq ft, from 3 sales of units ending 48 (same position in the tower), it is worth about AED 436,000 today.

Value todayAED 436,000AED 418,000 to AED 498,000
Last saleAED 560,00012 Mar 2025 · Resale
Change since last sale-22.1%Building trend alone: AED 590,328
Rent (median asking, studio)AED 47,495Gross yield 10.9%
Bedroomsstudio
Size501 sq ft
Floor2 (from the unit number)
Position in the towerStack 48: units ending 48 share the same layout and view
BuildingFortunato by Al Tajir Real Estate, handed over 2014
Registered sales of this unit3

Every registered sale of unit 248

DatePriceSizeAED/sq ftType
12 Mar 2025AED 560,000501 sq ft1,118Resale
11 Oct 2024AED 400,000501 sq ft798Resale
17 Jan 2024AED 380,000501 sq ft758Resale

Units ending 48 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
44810 Nov 2025AED 2,032,0002,337 sq ft869Resale

Latest studio sales in Fortunato

UnitDatePriceSizeAED/sq ftType
26429 Jan 2026AED 550,000513 sq ft1,072Resale
20410 Nov 2025AED 497,000426 sq ft1,167Resale
28415 Aug 2025AED 530,000501 sq ft1,058Resale
G52A7 Aug 2025AED 490,000437 sq ft1,121Resale
34419 Jun 2025AED 500,000509 sq ft982Resale
25020 Feb 2025AED 485,000517 sq ft938Resale
G6229 Oct 2024AED 525,000441 sq ft1,190Resale
3412 Oct 2024AED 440,000426 sq ft1,033Resale

How we worked out the value

We took the 3 resale sales of units ending 48 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 869). We multiplied it by the size of this unit (501 sq ft). The range uses the middle half of those sales (AED 834 to AED 994 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 590,328. Floor, view, condition and upgrades can move the price either way. Sales data to 6 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 248 at Fortunato worth?

About AED 436,000 (range AED 418,000 to AED 498,000), based on AED 869 per sq ft from registered sales up to 6 Oct 2026.

When did unit 248 last sell?

12 Mar 2025, for AED 560,000 (resale). It has 3 registered sales.

What rent can unit 248 make?

A studio in Fortunato rents for about AED 47,495 a year (median asking rent). That is a gross yield of 10.9% on the estimate.

Sales alert for FortunatoAll sales in Fortunato

Unit 244 · Unit 249