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Studio · 454 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

113, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 576K21 February 2018
Current rentAED 36K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Montrell Serviced Apartments

What is 113 worth today?

Last sold for AED 576,262 in 2018

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1 Dec 2025RentedRenewal
AED 36,300/yr12 months · AED 80 per sqft
1 Dec 2024RentedRenewal
AED 33,000/yr12 months · AED 73 per sqft
1 Dec 2023RentedRenewal
AED 30,000/yr12 months · AED 66 per sqft
1 Dec 2022RentedRenewal
AED 28,000/yr12 months · AED 62 per sqft
1 Dec 2021RentedNew contract
AED 26,000/yr12 months · AED 57 per sqft
1 Dec 2020RentedNew contract
AED 23,000/yr12 months · AED 51 per sqft
21 Feb 2018Sold by developerOff-plan
AED 576,262AED 1,268 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2025.

Key facts

Type
Studio hotel apartment
Size
454 sqft
Floor
1st of 7
Parking
G-23
Developer
Azizi Developments
Completed
2018
Last sold
AED 576K · February 2018
Building
Montrell Serviced Apartments

About 113, Montrell Serviced Apartments

113 is a studio of 454 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 February 2018 for AED 576,262, or AED 1,268 per sqft, 7% below the AED 1,362 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 36,300 a year: a gross yield of 6.3% on the 2018 price.

Sales and rents for 113 over time

Sales
Unit 113, 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, February 2018: AED 576,262 (AED 1,268 per sqft)

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

Rents
Unit 113, 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, December 2020: AED 23,000 a yearNew contract, December 2021: AED 26,000 a yearRenewal, December 2022: AED 28,000 a yearRenewal, December 2023: AED 30,000 a yearRenewal, December 2024: AED 33,000 a yearRenewal, December 2025: AED 36,300 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 113 sits

All 159 studios →

113 last sold in February 2018 at AED 1,268 per sqft, 7% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,362). 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. 113's AED 36,300 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
104StudioAED 672K · Nov 2017
105AED 700K · Aug 2025
1061-bedAED 610K · Jan 2024
107StudioAED 518K · Apr 2017
1–7 of 29

113, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 21 February 2018 for AED 576,262, or AED 1,268 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 23,000 to AED 36,300 a year.
  • At AED 36,300 a year the gross yield on the 2018 price is 6.3%.
  • 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 1 December 2025.

Questions about 113, Montrell Serviced Apartments

What did unit 113 last sell for?

AED 576,262 on 21 February 2018, sold by the developer: AED 1,268 per sqft for 454 sqft. It is the only registered sale of the unit.

What is the rent for unit 113?

AED 36,300 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 33,000; the unit has been rented since December 2020.

How big is unit 113?

454 sqft (42.2 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 113 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 113, Montrell Serviced Apartments

Starts from the last sale price (AED 576K, 21 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 576,262
Deposit, UAE resident (20%)
AED 115,252
Deposit, non-resident (40%)
AED 230,505
Monthly over 25 years at 3.7%
AED 2,358

Plus AED 29,213 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →