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Studio · 403 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

126, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 126 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 519K17 July 2018
Current rentAED 38K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 126, Montrell Serviced Apartments

What is 126 worth today?

Last sold for AED 518,977 in 2018

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15 Jun 2024RentedNew contract
AED 38,000/yr12 months · AED 94 per sqft
15 Jun 2023RentedNew contract
AED 34,000/yr12 months · AED 85 per sqft
1 Jun 2022RentedRenewal
AED 33,600/yr12 months · AED 84 per sqft
1 Jun 2021RentedNew contract
AED 30,000/yr12 months · AED 75 per sqft
17 Jul 2018SoldReady
AED 518,977AED 1,288 per sqft
6 Apr 2017Sold by developerOff-plan
AED 518,977AED 1,288 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2024.

Key facts

Type
Studio hotel apartment
Size
403 sqft
Floor
1st of 7
Parking
P2-27
Developer
Azizi Developments
Completed
2018
Last sold
AED 519K · July 2018
Building
Montrell Serviced Apartments

About 126, Montrell Serviced Apartments

126 is a studio of 403 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 17 July 2018 for AED 518,977, or AED 1,288 per sqft, 6% below the AED 1,365 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 June 2024, is AED 38,000 a year: a gross yield of 7.3% on the 2018 price.

Sales and rents for 126 over time

Sales
Unit 126, 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, April 2017: AED 518,977 (AED 1,288 per sqft)Sold, July 2018: AED 518,977 (AED 1,288 per sqft)

126 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 126, 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, June 2021: AED 30,000 a yearRenewal, June 2022: AED 33,600 a yearNew contract, June 2023: AED 34,000 a yearNew contract, June 2024: AED 38,000 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 126 sits

All 159 studios →

126 last sold in July 2018 at AED 1,288 per sqft, 6% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,365). 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. 126's AED 38,000 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
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

126, Montrell Serviced Apartments in numbers

  • Sold twice: first on 6 April 2017 for AED 518,977, last on 17 July 2018 for AED 518,977 (AED 1,288 per sqft).
  • Rented since June 2021 on 4 Ejari contracts, from AED 30,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2018 price is 7.3%.
  • 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 15 June 2024.

Questions about 126, Montrell Serviced Apartments

What did unit 126 last sell for?

AED 518,977 on 17 July 2018: AED 1,288 per sqft for 403 sqft. The unit has 2 registered sales; the first was AED 518,977 in April 2017.

What is the rent for unit 126?

AED 38,000 a year on the contract signed on 15 June 2024. The previous contract, from June 2023, was AED 34,000; the unit has been rented since June 2021.

How big is unit 126?

403 sqft (37.4 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 126 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 126, Montrell Serviced Apartments

Starts from the last sale price (AED 519K, 17 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 518,977
Deposit, UAE resident (20%)
AED 103,795
Deposit, non-resident (40%)
AED 207,591
Monthly over 25 years at 3.7%
AED 2,123

Plus AED 26,807 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →