Studio · 407 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

108, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 23 September 2024

Last soldAED 539K21 June 2017

Current rentAED 32K /yr23 September 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 108, Montrell Serviced Apartments

Today

What is 108 worth today?

Last sold for AED 539,105 in 2017

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23 Sep 2024

23 Sep 2024RentedRenewal

AED 31,680/yr12 months · AED 77 per sqft

23 Sep 2023

23 Sep 2023RentedRenewal

AED 26,400/yr12 months · AED 65 per sqft

23 Sep 2022

23 Sep 2022RentedNew contract

AED 22,000/yr12 months · AED 54 per sqft

23 Sep 2021

23 Sep 2021RentedRenewal

AED 22,000/yr12 months · AED 54 per sqft

23 Sep 2020

23 Sep 2020RentedNew contract

AED 22,000/yr12 months · AED 54 per sqft

21 Jun 2017

21 Jun 2017Sold by developerOff-plan

AED 539,105AED 1,324 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 September 2024.

Key facts

Type: Studio hotel apartment
Size: 407 sqft
Floor: 1st of 7
Parking: G-08
Developer: Azizi Developments
Completed: 2018
Last sold: AED 539K · June 2017
Building: Montrell Serviced Apartments

About 108, Montrell Serviced Apartments

108 is a studio of 407 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 21 June 2017 for AED 539,105, or AED 1,324 per sqft, in line with the AED 1,344 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 23 September 2024, is AED 31,680 a year: a gross yield of 5.9% on the 2017 price.

Sales and rents for 108 over time

Sales

Unit 108, each saleTypical studio in Montrell Serviced Apartments

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

Rents

Unit 108, each contractTypical studio in Montrell Serviced Apartments

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 108 sits

All 159 studios →

Studios in Montrell Serviced Apartments · last 12 months1,212 /sqft Montrell Serviced Apartments · all types1,189 /sqft

108 last sold in June 2017 at AED 1,324 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,344). 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. 108's AED 31,680 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
17 Jan 202617 January 2026	429 sqft	520,000	1,212
26 Dec 202526 December 2025	429 sqft	500,000	1,165
22 Jul 202522 July 2025	483 sqft	636,400	1,318
14 Jul 202514 July 2025	383 sqft	450,000	1,174

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


101	1-bed	831 sqft	AED 1.44MAED 1,440,000 · Jul 2024July 2024	61,000 /yr
102	Studio	501 sqft	AED 410KAED 410,000 · May 2024May 2024	42,000 /yr
103	Studio	483 sqft	AED 636KAED 636,400 · Jul 2025July 2025	35,000 /yr
104	Studio	505 sqft	AED 672KAED 672,359 · Nov 2017November 2017	36,000 /yr
105		739 sqft	AED 700KAED 700,000 · Aug 2025August 2025	53,000 /yr
106	1-bed	812 sqft	AED 610KAED 610,000 · Jan 2024January 2024	60,000 /yr
107	Studio	404 sqft	AED 518KAED 517,810 · Apr 2017April 2017	40,000 /yr
109	Studio	449 sqft	AED 370KAED 370,000 · Nov 2024November 2024
110	Studio	430 sqft	AED 369KAED 369,000 · Sep 2022September 2022	31,900 /yr
111	Studio	444 sqft	AED 576KAED 575,979 · Dec 2017December 2017	37,500 /yr
112	Studio	440 sqft	AED 570KAED 570,000 · Mar 2018March 2018	44,000 /yr
113	Studio	454 sqft	AED 576KAED 576,262 · Feb 2018February 2018	36,300 /yr
114	Studio	458 sqft	AED 605KAED 605,142 · May 2017May 2017	40,000 /yr
116	Studio	419 sqft	AED 467KAED 466,893 · Apr 2019April 2019	30,000 /yr
117	Studio	419 sqft	AED 433KAED 432,900 · Jan 2024January 2024	36,750 /yr
119	Studio	411 sqft	AED 299KAED 298,600 · Aug 2023August 2023	31,000 /yr
120		405 sqft	AED 480KAED 480,000 · Oct 2025October 2025	35,020 /yr
121		405 sqft	AED 540KAED 540,000 · Sep 2025September 2025	28,922 /yr
122	Studio	381 sqft	AED 498KAED 498,000 · Apr 2017April 2017	44,000 /yr
123	Studio	398 sqft	AED 485KAED 485,000 · Jun 2025June 2025	45,000 /yr
124	Studio	454 sqft	AED 469KAED 468,651 · Jan 2024January 2024	46,000 /yr
125	Studio	417 sqft	AED 553KAED 553,000 · May 2017May 2017
126	Studio	403 sqft	AED 519KAED 518,977 · Jul 2018July 2018	38,000 /yr
127	1-bed	812 sqft	AED 847KAED 847,000 · Oct 2020October 2020	52,500 /yr
128	1-bed	739 sqft	AED 628KAED 628,106 · Dec 2020December 2020	40,000 /yr
129	Studio	505 sqft	AED 515KAED 515,000 · Jul 2025July 2025	38,000 /yr
130	Studio	483 sqft	AED 450KAED 450,000 · Aug 2024August 2024	44,000 /yr
131	Studio	501 sqft	AED 669KAED 669,000 · Apr 2018April 2018	43,000 /yr
132	1-bed	831 sqft	AED 626KAED 626,422 · Apr 2024April 2024	61,000 /yr

1–7 of 29

108, Montrell Serviced Apartments in numbers

Sold once: by Azizi Developments on 21 June 2017 for AED 539,105, or AED 1,324 per sqft.
Rented since September 2020 on 5 Ejari contracts, from AED 22,000 to AED 31,680 a year.
At AED 31,680 a year the gross yield on the 2017 price is 5.9%.
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 23 September 2024.

Questions about 108, Montrell Serviced Apartments

What did unit 108 last sell for?

AED 539,105 on 21 June 2017, sold by the developer: AED 1,324 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 31,680 a year on the contract renewed on 23 September 2024. The previous contract, from September 2023, was AED 26,400; the unit has been rented since September 2020.

How big is unit 108?

407 sqft (37.8 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 108 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 108, Montrell Serviced Apartments

Starts from the last sale price (AED 539K, 21 June 2017). Switch to today's estimate once you have unlocked it.

Price: AED 539,105
Deposit, UAE resident (20%): AED 107,821
Deposit, non-resident (40%): AED 215,642
Monthly over 25 years at 3.7%: AED 2,206

Plus AED 27,652 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →