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Studio · 501 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

102, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 410K28 May 2024
Current rentAED 42K /yr7 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Montrell Serviced Apartments

What is 102 worth today?

Last sold for AED 410,000 in 2024

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7 Jun 2024RentedNew contract
AED 42,000/yr12 months · AED 84 per sqft
28 May 2024SoldReady
AED 410,000AED 818 per sqft
15 Apr 2024SoldReady
AED 545,500AED 1,088 per sqft
15 May 2023RentedNew contract
AED 35,000/yr12 months · AED 70 per sqft
25 Jan 2020RentedNew contract
AED 28,000/yr12 months · AED 56 per sqft
10 Mar 2019RentedNew contract
AED 30,000/yr12 months · AED 60 per sqft
24 Feb 2019Sold by developerReady
AED 405,949AED 810 per sqft
10 Mar 2018RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 June 2024.

Key facts

Type
Studio hotel apartment
Size
501 sqft
Floor
1st of 7
Parking
G-02
Developer
Azizi Developments
Completed
2018
Last sold
AED 410K · May 2024
Building
Montrell Serviced Apartments

About 102, Montrell Serviced Apartments

102 is a studio of 501 sqft on the 1st floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 28 May 2024 for AED 410,000, or AED 818 per sqft, 18% below the AED 995 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 7 June 2024, is AED 42,000 a year: a gross yield of 10.2% on the 2024 price.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical studio in Montrell Serviced Apartments
400K2016201920222025Typical sale price by year: 2016 AED 501,000; 2017 AED 530,500; 2018 AED 541,274; 2019 AED 438,197; 2020 AED 362,532; 2022 AED 307,740; 2023 AED 370,000; 2024 AED 411,000; 2025 AED 482,500Sold by developer, February 2019: AED 405,949 (AED 810 per sqft)Sold, April 2024: AED 545,500 (AED 1,088 per sqft)Sold, May 2024: AED 410,000 (AED 818 per sqft)

102 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 102, each contractTypical studio in Montrell Serviced Apartments
20K40K2018202120242027Typical rent by year: 2018 AED 32,000; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 23,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 40,000; 2025 AED 43,000; 2026 AED 48,500New contract, March 2018: AED 30,000 a yearNew contract, March 2019: AED 30,000 a yearNew contract, January 2020: AED 28,000 a yearNew contract, May 2023: AED 35,000 a yearNew contract, June 2024: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Montrell Serviced Apartments, and where 102 sits

All 159 studios →

102 last sold in May 2024 at AED 818 per sqft, 18% below what studios in Montrell Serviced Apartments were fetching at the time (AED 995). Over the last 12 months studios sold for AED 490,000 to 520,000, around AED 1,212 per sqft, and rent for AED 24,108 to 66,000 a year. 102's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Jan 2026520,000
26 Dec 2025500,000
22 Jul 2025636,400
14 Jul 2025450,000
3 studio sales in the last 12 months

Montrell Serviced Apartments

Building

221 apartments, studios to 1-bed over 7 floors in Al Furjan, completed in 2018 by Azizi Developments. 4 sold in the last 12 months.

Typical price per sqft
AED 1,189
Typical sale
AED 510K
Typical rent
AED 48K /yr
Typical yield
9.7%
Montrell Serviced Apartments, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 221 units in Montrell Serviced Apartments
Value
1011-bedAED 1.44M · Jul 2024
103StudioAED 636K · Jul 2025
104StudioAED 672K · Nov 2017
105AED 700K · Aug 2025
1061-bedAED 610K · Jan 2024
107StudioAED 518K · Apr 2017
108StudioAED 539K · Jun 2017
1–7 of 29

102, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 24 February 2019 for AED 405,949, last on 28 May 2024 for AED 410,000 (AED 818 per sqft).
  • Rented since March 2018 on 5 Ejari contracts, from AED 30,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 10.2%.
  • Studios in Montrell Serviced Apartments sold for AED 490,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 1,189 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 June 2024.

Questions about 102, Montrell Serviced Apartments

What did unit 102 last sell for?

AED 410,000 on 28 May 2024: AED 818 per sqft for 501 sqft. The unit has 3 registered sales; the first was AED 405,949 in February 2019.

What is the rent for unit 102?

AED 42,000 a year on the contract signed on 7 June 2024. The previous contract, from May 2023, was AED 35,000; the unit has been rented since March 2018.

How big is unit 102?

501 sqft (46.5 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Montrell Serviced Apartments sold for AED 490,000 to 520,000 in the last 12 months, around AED 1,212 per sqft.

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Mortgage on 102, Montrell Serviced Apartments

Starts from the last sale price (AED 410K, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →