Dubai Land Department Off-Plan Register

Fortunato 1 Launch Prices

Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

335 developer launch sales registered at Fortunato 1 between Apr 2009 and Jul 2015: 100% apartments, most commonly 1-bed units, typically around 925 sqft.

Launch sales
335
DLD off-plan registrations, all time
Median launch /sqft
AED 720
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 236,7203,075,000
Min – max registered

Bed mix: Studio 20% · 1-bed 50% · 2-bed 21% · 3-bed 0% · 4+-bed 6%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Fortunato 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q226AED 726
2009 Q3150AED 730
2009 Q41AED 755
2011 Q11AED 715
2011 Q21AED 711
2011 Q31AED 749
2013 Q11AED 500
2013 Q21AED 476
2013 Q333AED 550
2013 Q413AED 702
2014 Q128AED 768
2014 Q231AED 650
2014 Q317AED 548
2014 Q415AED 781
2015 Q112AED 865
2015 Q21AED 556
2015 Q33AED 650
Two different markets

Launch vs Resale

Fortunato 1 also has 253 ready-market resales registered with the DLD, the first on 5 March 2015 - 71 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
253
56 in the last 2 years
Resale median /sqft
AED 842
last 2 years
Resale vs launch
+17%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Fortunato 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,118 sqft · 20 July 2015
AED 726,804
AED 650 /sqft
Apartment · 1 Bed
1,062 sqft · 20 July 2015
AED 690,417
AED 650 /sqft
Apartment · Studio
441 sqft · 20 July 2015
AED 286,721
AED 650 /sqft
Apartment · 4+ Bed
2,835 sqft · 8 April 2015
AED 1,576,744
AED 556 /sqft
Apartment · 2 Bed
1,345 sqft · 5 March 2015
AED 1,180,000
AED 877 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Jumeirah Village Circle (JVC)

Off-plan in Jumeirah Village Circle (JVC)

Compare this project with every other off-plan launch registered in Jumeirah Village Circle (JVC), or see the community's resale market.

All Jumeirah Village Circle (JVC) projects

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