Fortunato, JVC
Fortunato is a residential complex in JVC District 11, Jumeirah Village Circle, Dubai, comprising a five-storey apartment building surrounded by townhouses built on three floors. It was developed by Al Tajir Real Estate, with construction running from February 2008 to December 2014, and offers a mix of studio, one-, two- and three-bedroom apartments alongside larger penthouses, lofts and two-bedroom duplex apartments.
Developer
Al Tajir Real Estate
Building
Five-storey apartment building plus surrounding townhouses (3 floors)
Unit mix
Studio to 3-bed apartments, penthouses, lofts and 2-bed duplexes
Area
JVC District 11, Jumeirah Village Circle, Dubai
Completed
December 2014
About Fortunato
Fortunato is a residential complex in JVC District 11, Jumeirah Village Circle, Dubai, comprising a five-storey apartment building surrounded by townhouses built on three floors. Property research sources propsearch.ae and flatreviews.com independently confirm the developer as Al Tajir Real Estate. Construction began in February 2008 and finished in December 2014, per propsearch.ae's own milestone data, confirmed by flatreviews.com's own listed year built of 2014.
The project was valued at an estimated AED 185,403,000 (around USD 50.5 million) according to a developer estimate submitted to the Dubai Land Department prior to construction, though propsearch.ae notes the final build cost may differ from that early estimate. Fortunato's apartment building includes studio, one-, two- and three-bedroom apartments, plus larger penthouses, lofts and spacious two-bedroom duplex apartments, while its surrounding townhouses are built on three floors.
Developer and construction-timeline details are confirmed by propsearch.ae and flatreviews.com, two independent property-research sources. An exact total unit count was not published on either source reviewed for this guide.
Location & Nearby Landmarks
Fortunato sits in JVC District 11, Jumeirah Village Circle. The nearest parks are Eirasha Park and Gadaf Park, each around 0.3 km away, and JVC District 16 Sports Park around 0.4 km away. Dubai Miracle Garden is roughly 3.2 km away, with The Storm Coaster around 4.9 km and Ski Dubai around 5.8 km. For cinemas, Cinepolis at Circle Mall is about 0.3 km away and Reel Cinemas at The Springs Souk about 2.1 km away. Golf facilities within a short drive include The Els Golf Club (3.2 km), Montgomerie Golf Course (3.7 km) and Jumeirah Golf Estates Golf Course (5.2 km).
Several other established JVC apartment buildings sit within a couple of hundred metres of Fortunato, confirmed by propsearch.ae's own nearby-outlets data: BlueBell Residence, Concept 7 Residences and Aces Chateau are each roughly 0.2 km away. Royale Stays covers all three with their own dedicated guides: BlueBell Residence, Concept 7 Residences and Aces Chateau. For the wider JVC picture, see Royale Stays' Airbnb Property Management in JVC guide.
Location and nearby-landmark details are sourced from the building's own portal location records and are general area context, not precise measured distances.
Unit Types at Fortunato
Fortunato's apartment building includes studio, one-, two- and three-bedroom apartments, plus larger penthouses, lofts and spacious two-bedroom duplex apartments, per propsearch.ae's building guide. The surrounding townhouses are built on three floors. Dubai Land Department sale records reviewed for this guide additionally show a four-bedroom unit changing hands at 3,264 sq ft, alongside one-bedroom units ranging from 625 to 1,165 sq ft and a two-bedroom unit at 2,524 sq ft. An exact total unit count across the full complex was not published on the sources reviewed for this guide.
Amenities
Facilities at Fortunato include a swimming pool, a health club, walking, jogging and cycling trails, and 24-hour security, per propsearch.ae.
Transportation & Access
From Fortunato it takes roughly 21 minutes to drive to Dubai Mall, 16 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab and 20 minutes to The Walk, JBR, per propsearch.ae. Dubai International Airport (DXB) is roughly 27 minutes away by car, and Al Maktoum International Airport (DWC) is roughly 31 minutes away.
Drive-time estimates are sourced from the building's own portal location records (mapping-service routing under typical traffic) and are general guidance, not live traffic information.
Price Guide: Buying and Renting at Fortunato
Dubai Land Department records reviewed for this guide show at least 50 sale-type transactions have taken place at Fortunato, though most are only accessible through propsearch.ae's paid research tier. Among the 10 individual records visible on the free tier, filtering out non-sale transaction types (three Mortgage Registration filings and one Grant transfer) leaves five genuine sale transactions from May and June 2026: a one-bedroom apartment (625 sq ft) for AED 650,000; a one-bedroom apartment (1,165 sq ft) for AED 950,000; a one-bedroom apartment (846 sq ft) for AED 780,000; a two-bedroom apartment (2,524 sq ft) for AED 1,800,000; and a four-bedroom apartment (3,264 sq ft) for AED 2,340,303. These work out to roughly AED 713 to AED 1,040 per square foot.
One additional transaction from 23 June 2026, a 514 sq ft studio recorded at AED 18,955 (about AED 37 per square foot), is technically classified as a genuine Sale transaction rather than an excluded Mortgage, Grant or similar filing, but the price is far below every other comparable transaction on record for this building and is not treated as representative of achievable market value in this guide. For rentals, one live listing was found on the market: a two-bedroom apartment advertised at AED 100,000 per year.
Of the 10 individual transaction records visible on propsearch.ae's free tier for Fortunato (50 total sale-type records exist per the portal's own count, most locked behind its paid tier), 3 are Mortgage Registration filings (AED 624,000; AED 1,440,000; AED 1,450,000) and 1 is a Grant transfer (AED 385,265), all excluded from this guide's pricing since only genuine Sale-type transactions represent an actual change of ownership at a negotiated price. Of the remaining 6 genuine Sale-type records, 1 (a 514 sq ft studio at AED 18,955) is a statistical outlier far below every other comparable transaction and is not used to represent market value. The AED 100,000/year rental figure is a current asking price, not a confirmed transaction.
Airbnb & Short-Term Rental Income Potential
Fortunato is a standard freehold residential building, per propsearch.ae's own building classification, so it follows the usual freehold-apartment route for a Dubai holiday-home permit rather than needing to go through a hotel or building management company. See Royale Stays' Dubai holiday home permit guide for how a DTCM permit application generally works for a freehold owner in this position, covering eligibility, required documents and the general approval process. JVC is not currently one of Royale Stays' five core managed areas (Palm Jumeirah, Dubai Marina, Downtown Dubai, JBR and Business Bay), so no active-management history or earnings figures are implied for this specific building.
Owners of a comparable Dubai freehold apartment elsewhere in Royale Stays' core managed areas can enquire about the company's standard short-term rental management services, which start from a 15% fee and cover furnishing, photography, pricing, check-in, guest communications and maintenance.
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