Building · Transactions · 2023

Fortunato 1 Property Transactions 2023

26 property sales worth ⃃ 25.25M were registered in Fortunato 1 in 2023, 18.2% higher than 2022 by number of sales. The median sale price was ⃃ 687,500 and the median price per square foot ⃃ 617 (+9.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 26 salesUpdated: 18 Oct 2026
Property sales
26
+18.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 25.25M
+38.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 687,500
+15.5% vs 2022
26 sales
Median price per sq ft
⃃ 617
+9.3% vs 2022
26 sales

What types of property sold in Fortunato 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments26100%⃃ 25.25M⃃ 687,500⃃ 617

How were 2023 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)311.5%⃃ 2.95M⃃ 730,000⃃ 622
Resale (secondary)2388.5%⃃ 22.3M⃃ 685,000⃃ 612
Ready26100%⃃ 25.25M⃃ 687,500⃃ 617

How many rental contracts were registered in Fortunato 1 in 2023?

194 rental contracts (new and renewed) were registered in Fortunato 1 in 2023, at a median annual rent of ⃃ 55,000 (+14.6% on 2022). Rental yields in Fortunato 1

What were the most expensive property sales in Fortunato 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/03/2023Fortunato 14 beds · Apartment4,245 sq ft⃃ 2,200,000Resale · Ready
16/03/2023Fortunato 14 beds · Apartment4,511 sq ft⃃ 2,150,000Resale · Ready
25/09/2023Fortunato 14 beds · Apartment3,262 sq ft⃃ 1,875,000Resale · Ready
13/04/2023Fortunato 14 beds · Apartment3,246 sq ft⃃ 1,800,000Resale · Ready
08/05/2023Fortunato 14 beds · Apartment3,174 sq ft⃃ 1,600,000Primary · Ready
24/02/2023Fortunato 12 beds · Apartment2,409 sq ft⃃ 1,350,000Resale · Ready
26/12/2023Fortunato 12 beds · Apartment2,496 sq ft⃃ 1,260,000Resale · Ready
03/07/2023Fortunato 12 beds · Apartment2,382 sq ft⃃ 1,250,000Resale · Ready
12/04/2023Fortunato 12 beds · Apartment1,985 sq ft⃃ 1,020,000Resale · Ready
08/06/2023Fortunato 12 beds · Apartment1,327 sq ft⃃ 1,000,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Fortunato 12 beds · Apartment2,496 sq ft⃃ 1,260,000Resale · Ready
05/12/2023Fortunato 11 bed · Apartment899 sq ft⃃ 550,000Resale · Ready
23/10/2023Fortunato 11 bed · Apartment532 sq ft⃃ 530,000Resale · Ready
19/10/2023Fortunato 11 bed · Apartment846 sq ft⃃ 680,000Resale · Ready
19/10/2023Fortunato 11 bed · Apartment1,114 sq ft⃃ 700,000Resale · Ready
03/10/2023Fortunato 11 bed · Apartment1,062 sq ft⃃ 650,000Resale · Ready
27/09/2023Fortunato 11 bed · Apartment818 sq ft⃃ 656,000Resale · Ready
25/09/2023Fortunato 14 beds · Apartment3,262 sq ft⃃ 1,875,000Resale · Ready
22/09/2023Fortunato 11 bed · Apartment841 sq ft⃃ 675,000Resale · Ready
28/08/2023Fortunato 11 bed · Apartment1,122 sq ft⃃ 650,000Resale · 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 2023 with the whole of 2022.
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-1/2023
Fortunato 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/fortunato-1/2023

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 2023?
26 property sales worth ⃃ 25,249,984 were registered in Fortunato 1 in 2023. That is 18.2% higher than 2022.
What was the median property price in Fortunato 1 in 2023?
The median sale price was ⃃ 687,500 and the median price per square foot ⃃ 617 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Fortunato 1 were off-plan or from developers?
Developer (primary) sales were 11.5% of the 26 sales and resales 88.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/fortunato-1/2023