FORTUNATO

Resale
Started
17 years 11 months ago19-02-2008
Handover
11 years 1 month ago14-12-2014
Status
CompleteFinished
Project Description

Freehold residential development located in Jumeirah Village First. The project consists of main building B+G+4 storey plus 2 townhouses blocks, all constructed on a shared basement. The buildings are being constructed as concrete structure with external and internal finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+4%
Growth
Current:AED 922/sqft
Last 12M:AED 889/sqft
Momentum: Last 12Mvs Prior Year
Rising
+11%
Growth
Last 12M:AED 889/sqft
Prior Year:AED 798/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount
-27%
Below Avg
Project:AED 911/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Low
9%Turnover
29Sold (Last 12M)

Supply & Demand Matrix

FORTUNATO averaged 9% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
Studio
48 units
13%
Velocity
1 Bedroom
152 units
8%
Velocity
2 Bedrooms
82 units
10%
Velocity
3 Bedrooms
1 units
0%
Velocity
4 Bedrooms
30 units
10%
Velocity
PENTHOUSE
12 units
0%
Velocity
Office
1 units
0%
Velocity

Layouts & Units (326)

Asset Class
Studio FlatPodium + Floors 1-3
Inventory
48units
26 layouts · Typically 1 parking
4-9 sqm balcony
Size Range
425-527sqft
Price Range
AED 356K - AED 610K
Avg PSF
841
Sales
47
Trend
Asset Class
Flat
Inventory
0units
Size Range
1,859-2,421sqft
Price Range
AED 900K - AED 1.7M
Avg PSF
702
Sales
5
Trend
Asset Class
1 Bed FlatPodium + Floors 1-4
Inventory
152units
114 layouts · Typically 1 parking
3-58 sqm balcony
Size Range
266-1,554sqft
Price Range
AED 208K - AED 940K
Avg PSF
688
Sales
104
Trend
Asset Class
2 Bed FlatPodium + Floors 2-3
Inventory
82units
73 layouts · Typically 1 parking
4-53 sqm balcony
Size Range
612-2,781sqft
Price Range
AED 572K - AED 2.2M
Avg PSF
655
Sales
62
Trend
Asset Class
3 Bed FlatPodium
Inventory
1units
Typically 2 parking
~45 sqm balcony
Size Range
2,018-2,057sqft
Price Range
Avg PSF
500
Sales
0
Trend
Asset Class
4 Bed FlatPodium
Inventory
30units
27 layouts · Typically 1 parking
53-236 sqm balcony
Size Range
2,698-4,658sqft
Price Range
AED 1.0M - AED 2.5M
Avg PSF
546
Sales
24
Trend
Asset Class
22 Bed FlatFloor 4
Inventory
12units
11 layouts · Typically 2 parking
25-70 sqm balcony
Size Range
1,842-2,352sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Building
Inventory
0units
Size Range
182,825-182,825sqft
Price Range
Avg PSF
241
Sales
0
Trend
Asset Class
OfficePodium
Inventory
1units
Typically 1 parking
Size Range
949-949sqft
Price Range
AED 550K - AED 550K
Avg PSF
490
Sales
1
Trend

Grouped into 9 asset classes covering 326 units

FORTUNATO in Jumeirah Village Circle - Prices and Units | Property Index