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Building · Transactions · 2016

Fortunato 1 Property Transactions 2016

22 property sales worth ⃃ 24.09M were registered in Fortunato 1 in 2016, 74.7% lower than 2015 by number of sales. The median sale price was ⃃ 857,500 and the median price per square foot ⃃ 807 (+4.0% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 22 salesUpdated: 14 Nov 2026
Property sales
22
−74.7% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 24.09M
−72.4% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 857,500
+3.3% vs 2015
22 sales
Median price per sq ft
⃃ 807
+4.0% vs 2015
22 sales

What types of property sold in Fortunato 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments22100%⃃ 24.09M⃃ 857,500⃃ 807

How were 2016 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)14.5%⃃ 1.51M⃃ 1,513,840⃃ 325
Resale (secondary)2195.5%⃃ 22.58M⃃ 815,000⃃ 817
Ready22100%⃃ 24.09M⃃ 857,500⃃ 807

How many rental contracts were registered in Fortunato 1 in 2016?

109 rental contracts (new and renewed) were registered in Fortunato 1 in 2016, at a median annual rent of ⃃ 78,000 (−1.5% on 2015). Rental yields in Fortunato 1

What were the most expensive property sales in Fortunato 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/12/2016Fortunato 14 beds · Apartment3,175 sq ft⃃ 2,375,000Resale · Ready
22/03/2016Fortunato 14 beds · Apartment4,373 sq ft⃃ 2,110,000Resale · Ready
16/11/2016Fortunato 14 beds · Apartment3,160 sq ft⃃ 1,900,000Resale · Ready
29/06/2016Fortunato 12 beds · Apartment2,419 sq ft⃃ 1,715,000Resale · Ready
20/04/2016Fortunato 12 beds · Apartment2,461 sq ft⃃ 1,650,000Resale · Ready
09/05/2016Fortunato 14 beds · Apartment2,349 sq ft⃃ 1,565,000Resale · Ready
03/01/2016Fortunato 14 beds · Apartment1,899 sq ft⃃ 1,515,000Resale · Ready
03/11/2016Fortunato 14 beds · Apartment4,658 sq ft⃃ 1,513,840Primary · Ready
18/09/2016Fortunato 12 beds · Apartment1,282 sq ft⃃ 1,175,000Resale · Ready
11/02/2016Fortunato 12 beds · Apartment1,183 sq ft⃃ 1,150,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
22/12/2016Fortunato 1Studio · Apartment426 sq ft⃃ 465,000Resale · Ready
07/12/2016Fortunato 14 beds · Apartment3,175 sq ft⃃ 2,375,000Resale · Ready
29/11/2016Fortunato 11 bed · Apartment625 sq ft⃃ 610,000Resale · Ready
27/11/2016Fortunato 11 bed · Apartment846 sq ft⃃ 800,000Resale · Ready
16/11/2016Fortunato 14 beds · Apartment3,160 sq ft⃃ 1,900,000Resale · Ready
03/11/2016Fortunato 14 beds · Apartment4,658 sq ft⃃ 1,513,840Primary · Ready
03/11/2016Fortunato 11 bed · Apartment532 sq ft⃃ 535,000Resale · Ready
18/09/2016Fortunato 12 beds · Apartment1,282 sq ft⃃ 1,175,000Resale · Ready
11/07/2016Fortunato 11 bed · Apartment1,223 sq ft⃃ 900,000Resale · Ready
29/06/2016Fortunato 12 beds · Apartment2,419 sq ft⃃ 1,715,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2016 with the whole of 2015.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/fortunato-1/2016
Fortunato 1 Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/fortunato-1/2016

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Fortunato 1 in 2016?
22 property sales worth ⃃ 24,093,840 were registered in Fortunato 1 in 2016. That is 74.7% lower than 2015.
What was the median property price in Fortunato 1 in 2016?
The median sale price was ⃃ 857,500 and the median price per square foot ⃃ 807 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Fortunato 1 were off-plan or from developers?
Developer (primary) sales were 4.5% of the 22 sales and resales 95.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/fortunato-1/2016