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Studio · 449 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

109, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 370K5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Montrell Serviced Apartments

What is 109 worth today?

Last sold for AED 370,000 in 2024

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5 Nov 2024SoldReady
AED 370,000AED 823 per sqft
21 Oct 2022SoldReady
AED 285,000AED 634 per sqft
28 Sep 2017Sold by developerOff-plan
AED 588,236AED 1,309 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.

Key facts

Type
Studio hotel apartment
Size
449 sqft
Floor
1st of 7
Parking
G-19
Developer
Azizi Developments
Completed
2018
Last sold
AED 370K · November 2024
Building
Montrell Serviced Apartments

About 109, Montrell Serviced Apartments

109 is a studio of 449 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 5 November 2024 for AED 370,000, or AED 823 per sqft, 16% below the AED 984 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 109 over time

Sales
Unit 109, 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, September 2017: AED 588,236 (AED 1,309 per sqft)Sold, October 2022: AED 285,000 (AED 634 per sqft)Sold, November 2024: AED 370,000 (AED 823 per sqft)

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

Rents
Unit 109, 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 48,500

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 109 sits

All 159 studios →

109 last sold in November 2024 at AED 823 per sqft, 16% below what studios in Montrell Serviced Apartments were fetching at the time (AED 984). Over the last 12 months studios sold for AED 500,000 to 520,000, around AED 1,189 per sqft, and rent for AED 24,108 to 66,000 a year.

Recent studio salesUnit no.Price (AED)Summary
17 Jan 2026520,000
26 Dec 2025500,000
22 Jul 2025636,400
14 Jul 2025450,000
2 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. 3 sold in the last 12 months.

Typical price per sqft
AED 1,165
Typical sale
AED 520K
Typical rent
AED 48K /yr
Typical yield
9.9%
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
104StudioAED 672K · Nov 2017
105AED 700K · Aug 2025
1061-bedAED 610K · Jan 2024
107StudioAED 518K · Apr 2017
1–7 of 29

109, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 28 September 2017 for AED 588,236, last on 5 November 2024 for AED 370,000 (AED 823 per sqft).
  • Studios in Montrell Serviced Apartments sold for AED 500,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.

Questions about 109, Montrell Serviced Apartments

What did unit 109 last sell for?

AED 370,000 on 5 November 2024: AED 823 per sqft for 449 sqft. The unit has 3 registered sales; the first was AED 588,236 in September 2017.

How big is unit 109?

449 sqft (41.7 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 109 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 500,000 to 520,000 in the last 12 months, around AED 1,189 per sqft.

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Mortgage on 109, Montrell Serviced Apartments

Starts from the last sale price (AED 370K, 5 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

Plus AED 18,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →