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Studio · 457 sqftMontrell Serviced Apartments, Al Furjan · 2nd floor · completed 2018

212, Montrell Serviced Apartments

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

Unit 212 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 450K10 September 2024
Current rentAED 47K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Montrell Serviced Apartments

What is 212 worth today?

Last sold for AED 450,000 in 2024

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30 Sep 2024RentedNew contract
AED 47,000/yr12 months · AED 103 per sqft
10 Sep 2024SoldReady
AED 450,000AED 984 per sqft
1 Mar 2019RentedNew contract
AED 33,095/yr12 months · AED 73 per sqft
15 Jan 2019Sold by developerReady
AED 571,320AED 1,249 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.

Key facts

Type
Studio hotel apartment
Size
457 sqft
Floor
2nd of 7
Parking
P1-1
Developer
Azizi Developments
Completed
2018
Last sold
AED 450K · September 2024
Building
Montrell Serviced Apartments

About 212, Montrell Serviced Apartments

212 is a studio of 457 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 10 September 2024 for AED 450,000, or AED 984 per sqft, in line with the AED 1,001 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 30 September 2024, is AED 47,000 a year: a gross yield of 10.4% on the 2024 price.

Sales and rents for 212 over time

Sales
Unit 212, 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, January 2019: AED 571,320 (AED 1,249 per sqft)Sold, September 2024: AED 450,000 (AED 984 per sqft)

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

Rents
Unit 212, 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, March 2019: AED 33,095 a yearNew contract, September 2024: AED 47,000 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 212 sits

All 159 studios →

212 last sold in September 2024 at AED 984 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,001). 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. 212's AED 47,000 is in the upper 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 47K /yr
Typical yield
9.9%
Montrell Serviced Apartments, Al Furjan: prices, sales and rents →

Other units on the 2nd floor

All 221 units in Montrell Serviced Apartments
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

212, Montrell Serviced Apartments in numbers

  • Sold twice: first on 15 January 2019 for AED 571,320, last on 10 September 2024 for AED 450,000 (AED 984 per sqft).
  • Rented since March 2019 on 2 Ejari contracts, from AED 33,095 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2024 price is 10.4%.
  • 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 30 September 2024.

Questions about 212, Montrell Serviced Apartments

What did unit 212 last sell for?

AED 450,000 on 10 September 2024: AED 984 per sqft for 457 sqft. The unit has 2 registered sales; the first was AED 571,320 in January 2019.

What is the rent for unit 212?

AED 47,000 a year on the contract signed on 30 September 2024. The previous contract, from March 2019, was AED 33,095.

How big is unit 212?

457 sqft (42.5 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 212 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 212, Montrell Serviced Apartments

Starts from the last sale price (AED 450K, 10 September 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 →