Studio · 483 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

130, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in August 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 130 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 450K6 August 2024
Current rentAED 44K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 130, Montrell Serviced Apartments

What is 130 worth today?

Last sold for AED 450,000 in 2024

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12 Aug 2024RentedNew contract
AED 44,000/yr12 months · AED 91 per sqft
6 Aug 2024SoldReady
AED 450,000AED 932 per sqft
2 Feb 2022SoldReady
AED 315,000AED 652 per sqft
6 Jul 2020RentedNew contract
AED 27,000/yr12 months · AED 56 per sqft
19 Nov 2019RentedNew contract
AED 33,000/yr12 months · AED 68 per sqft
19 Nov 2017Sold by developerOff-plan
AED 633,357AED 1,312 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2024.

Key facts

Type
Studio hotel apartment
Size
483 sqft
Floor
1st of 7
Parking
G-51
Developer
Azizi Developments
Completed
2018
Last sold
AED 450K · August 2024

About 130, Montrell Serviced Apartments

130 is a studio of 483 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 6 August 2024 for AED 450,000, or AED 932 per sqft, 4% below the AED 972 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 12 August 2024, is AED 44,000 a year: a gross yield of 9.8% on the 2024 price.

Sales and rents for 130 over time

Sales
Unit 130, 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 633,357 (AED 1,312 per sqft)Sold, February 2022: AED 315,000 (AED 652 per sqft)Sold, August 2024: AED 450,000 (AED 932 per sqft)

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

Rents
Unit 130, 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, November 2019: AED 33,000 a yearNew contract, July 2020: AED 27,000 a yearNew contract, August 2024: AED 44,000 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 130 sits

All 159 studios →

130 last sold in August 2024 at AED 932 per sqft, 4% below what studios in Montrell Serviced Apartments were fetching at the time (AED 972). 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. 130's AED 44,000 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 →
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

130, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 19 November 2017 for AED 633,357, last on 6 August 2024 for AED 450,000 (AED 932 per sqft).
  • Rented since November 2019 on 3 Ejari contracts. The rent fell from AED 33,000 to AED 27,000 in 2020 and recovered to AED 44,000 by August 2024.
  • At AED 44,000 a year the gross yield on the 2024 price is 9.8%.
  • 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 12 August 2024.

Questions about 130, Montrell Serviced Apartments

What did unit 130 last sell for?

AED 450,000 on 6 August 2024: AED 932 per sqft for 483 sqft. The unit has 3 registered sales; the first was AED 633,357 in November 2017.

What is the rent for unit 130?

AED 44,000 a year on the contract signed on 12 August 2024. The previous contract, from July 2020, was AED 27,000; the unit has been rented since November 2019.

How big is unit 130?

483 sqft (44.9 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 130 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 130, Montrell Serviced Apartments

Starts from the last sale price (AED 450K, 6 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →