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Studio · 505 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

104, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 18 October 2023
Last soldAED 672K26 November 2017
Current rentAED 36K /yr18 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Montrell Serviced Apartments

What is 104 worth today?

Last sold for AED 672,359 in 2017

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18 Oct 2023RentedRenewal
AED 36,000/yr12 months · AED 71 per sqft
18 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 63 per sqft
5 Nov 2021RentedNew contract
AED 31,000/yr12 months · AED 61 per sqft
1 Nov 2020RentedNew contract
AED 24,000/yr12 months · AED 47 per sqft
5 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
5 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
26 Nov 2017Sold by developerOff-plan
AED 672,359AED 1,332 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 October 2023.

Key facts

Type
Studio hotel apartment
Size
505 sqft
Floor
1st of 7
Parking
G-04
Developer
Azizi Developments
Completed
2018
Last sold
AED 672K · November 2017
Building
Montrell Serviced Apartments

About 104, Montrell Serviced Apartments

104 is a studio of 505 sqft on the 1st floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 26 November 2017 for AED 672,359, or AED 1,332 per sqft, in line with the AED 1,352 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 18 October 2023, is AED 36,000 a year: a gross yield of 5.3% on the 2017 price.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical studio in Montrell Serviced Apartments
400K600K2016201920222025Typical 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, November 2017: AED 672,359 (AED 1,332 per sqft)

104 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 104, 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, October 2019: AED 30,000 a yearNew contract, October 2019: AED 30,000 a yearNew contract, November 2020: AED 24,000 a yearNew contract, November 2021: AED 31,000 a yearNew contract, October 2022: AED 32,000 a yearRenewal, October 2023: AED 36,000 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 104 sits

All 159 studios →

104 last sold in November 2017 at AED 1,332 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,352). 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. 104's AED 36,000 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
102StudioAED 410K · May 2024
103StudioAED 636K · Jul 2025
105AED 700K · Aug 2025
1061-bedAED 610K · Jan 2024
107StudioAED 518K · Apr 2017
108StudioAED 539K · Jun 2017
1–7 of 29

104, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 26 November 2017 for AED 672,359, or AED 1,332 per sqft.
  • Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 30,000 to AED 24,000 in 2020 and recovered to AED 36,000 by October 2023.
  • At AED 36,000 a year the gross yield on the 2017 price is 5.3%.
  • 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 18 October 2023.

Questions about 104, Montrell Serviced Apartments

What did unit 104 last sell for?

AED 672,359 on 26 November 2017, sold by the developer: AED 1,332 per sqft for 505 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 36,000 a year on the contract renewed on 18 October 2023. The previous contract, from October 2022, was AED 32,000; the unit has been rented since October 2019.

How big is unit 104?

505 sqft (46.9 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 104 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 104, Montrell Serviced Apartments

Starts from the last sale price (AED 672K, 26 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 672,359
Deposit, UAE resident (20%)
AED 134,472
Deposit, non-resident (40%)
AED 268,944
Monthly over 25 years at 3.7%
AED 2,751

Plus AED 33,249 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →