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Building · Transactions · 2017

Fortunato 1 Property Transactions 2017

19 property sales worth ⃃ 16.9M were registered in Fortunato 1 in 2017, 13.6% lower than 2016 by number of sales. The median sale price was ⃃ 760,000 and the median price per square foot ⃃ 847 (+5.0% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 19 salesUpdated: 14 Nov 2026
Property sales
19
−13.6% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 16.9M
−29.8% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 760,000
−11.4% vs 2016
19 sales
Median price per sq ft
⃃ 847
+5.0% vs 2016
19 sales

What types of property sold in Fortunato 1 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1894.7%⃃ 16.35M⃃ 762,500⃃ 863
Commercial15.3%⃃ 550K⃃ 550,000⃃ 580

How were 2017 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)15.3%⃃ 760K⃃ 760,000⃃ 892
Resale (secondary)1894.7%⃃ 16.14M⃃ 737,500⃃ 844
Ready19100%⃃ 16.9M⃃ 760,000⃃ 847

How many rental contracts were registered in Fortunato 1 in 2017?

157 rental contracts (new and renewed) were registered in Fortunato 1 in 2017, at a median annual rent of ⃃ 70,000 (−10.3% on 2016). Rental yields in Fortunato 1

What were the most expensive property sales in Fortunato 1 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/10/2017Fortunato 14 beds · Apartment3,181 sq ft⃃ 1,750,000Resale · Ready
13/06/2017Fortunato 12 beds · Apartment2,382 sq ft⃃ 1,600,000Resale · Ready
27/11/2017Fortunato 14 beds · Apartment1,859 sq ft⃃ 1,575,000Resale · Ready
10/04/2017Fortunato 12 beds · Apartment2,501 sq ft⃃ 1,550,000Resale · Ready
28/08/2017Fortunato 12 beds · Apartment1,003 sq ft⃃ 1,025,000Resale · Ready
07/09/2017Fortunato 11 bed · Apartment1,143 sq ft⃃ 920,000Resale · Ready
03/05/2017Fortunato 12 beds · Apartment1,003 sq ft⃃ 900,000Resale · Ready
14/02/2017Fortunato 11 bed · Apartment899 sq ft⃃ 790,000Resale · Ready
17/01/2017Fortunato 11 bed · Apartment853 sq ft⃃ 765,000Resale · Ready
12/04/2017Fortunato 11 bed · Apartment852 sq ft⃃ 760,000Primary · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
14/12/2017Fortunato 11 bed · Apartment907 sq ft⃃ 710,000Resale · Ready
13/12/2017Fortunato 1Studio · Apartment512 sq ft⃃ 540,000Resale · Ready
27/11/2017Fortunato 14 beds · Apartment1,859 sq ft⃃ 1,575,000Resale · Ready
10/10/2017Fortunato 11 bed · Apartment808 sq ft⃃ 680,000Resale · Ready
10/10/2017Fortunato 14 beds · Apartment3,181 sq ft⃃ 1,750,000Resale · Ready
01/10/2017Fortunato 11 bed · Apartment934 sq ft⃃ 700,000Resale · Ready
07/09/2017Fortunato 11 bed · Apartment1,143 sq ft⃃ 920,000Resale · Ready
05/09/2017Fortunato 1Studio · Apartment520 sq ft⃃ 510,000Resale · Ready
05/09/2017Fortunato 1Studio · Apartment514 sq ft⃃ 510,000Resale · Ready
29/08/2017Fortunato 1Studio · Apartment515 sq ft⃃ 495,000Resale · 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 2017 with the whole of 2016.
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-1/2017
Fortunato 1 Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/fortunato-1/2017

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 2017?
19 property sales worth ⃃ 16,902,375 were registered in Fortunato 1 in 2017. That is 13.6% lower than 2016.
What was the median property price in Fortunato 1 in 2017?
The median sale price was ⃃ 760,000 and the median price per square foot ⃃ 847 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Fortunato 1 were off-plan or from developers?
Developer (primary) sales were 5.3% of the 19 sales and resales 94.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/fortunato-1/2017