Studio · 367 sqftMontrell Serviced Apartments, Al Furjan · 2nd floor · completed 2018

208, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in December 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 13 December 2023
Last soldAED 380K13 December 2023
Current rentAED 30K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Montrell Serviced Apartments

What is 208 worth today?

Last sold for AED 380,000 in 2023

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13 Dec 2023SoldReady
AED 380,000AED 1,034 per sqft
15 Apr 2023RentedRenewal
AED 29,700/yr12 months · AED 81 per sqft
15 Apr 2022RentedNew contract
AED 27,000/yr12 months · AED 74 per sqft
4 Dec 2018RentedNew contract
AED 35,000/yr12 months · AED 96 per sqft
21 Dec 2016Sold by developerOff-plan
AED 482,596AED 1,313 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2023.

Key facts

Type
Studio hotel apartment
Size
367 sqft
Floor
2nd of 7
Parking
G-61
Developer
Azizi Developments
Completed
2018
Last sold
AED 380K · December 2023

About 208, Montrell Serviced Apartments

208 is a studio of 367 sqft on the 2nd floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 13 December 2023 for AED 380,000, or AED 1,034 per sqft, in line with the AED 1,032 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 29,700 a year: a gross yield of 7.8% on the 2023 price.

Sales and rents for 208 over time

Sales
Unit 208, 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, December 2016: AED 482,596 (AED 1,313 per sqft)Sold, December 2023: AED 380,000 (AED 1,034 per sqft)

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

Rents
Unit 208, 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 2018: AED 35,000 a yearNew contract, April 2022: AED 27,000 a yearRenewal, April 2023: AED 29,700 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 208 sits

All 159 studios →

208 last sold in December 2023 at AED 1,034 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,032). 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. 208's AED 29,700 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
2011-bedAED 626K · Apr 2024
202StudioAED 475K · Jun 2025
203StudioAED 462K · Oct 2018
204StudioAED 514K · Jan 2017
2051-bedAED 573K · Jun 2022
2061-bedAED 650K · Jul 2024
207StudioAED 480K · Jun 2025
1–7 of 31

208, Montrell Serviced Apartments in numbers

  • Sold twice: first on 21 December 2016 for AED 482,596, last on 13 December 2023 for AED 380,000 (AED 1,034 per sqft).
  • Rented since December 2018 on 3 Ejari contracts, from AED 35,000 to AED 29,700 a year.
  • At AED 29,700 a year the gross yield on the 2023 price is 7.8%.
  • 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 13 December 2023.

Questions about 208, Montrell Serviced Apartments

What did unit 208 last sell for?

AED 380,000 on 13 December 2023: AED 1,034 per sqft for 367 sqft. The unit has 2 registered sales; the first was AED 482,596 in December 2016.

What is the rent for unit 208?

AED 29,700 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 27,000; the unit has been rented since December 2018.

How big is unit 208?

367 sqft (34.1 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 208 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 208, Montrell Serviced Apartments

Starts from the last sale price (AED 380K, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →