Studio · 458 sqftMontrell Serviced Apartments, Al Furjan · 2nd floor · completed 2018

213, Montrell Serviced Apartments

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

Unit 213 · DLD and Ejari recordsUpdated 9 March 2024
Last soldAED 400K23 February 2024
Current rentAED 43K /yr9 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, Montrell Serviced Apartments

What is 213 worth today?

Last sold for AED 400,000 in 2024

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9 Mar 2024RentedNew contract
AED 43,000/yr12 months · AED 94 per sqft
23 Feb 2024SoldReady
AED 400,000AED 872 per sqft
1 Jan 2023RentedNew contract
AED 33,000/yr12 months · AED 71 per sqft
20 Dec 2021RentedRenewal
AED 22,000/yr12 months · AED 48 per sqft
20 Dec 2020RentedNew contract
AED 22,000/yr12 months · AED 48 per sqft
14 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
18 Jul 2019Sold by developerReady
AED 476,150AED 1,039 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 March 2024.

Key facts

Type
Studio hotel apartment
Size
458 sqft
Floor
2nd of 7
Parking
P1-2
Developer
Azizi Developments
Completed
2018
Last sold
AED 400K · February 2024

About 213, Montrell Serviced Apartments

213 is a studio of 458 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 23 February 2024 for AED 400,000, or AED 872 per sqft, 10% below the AED 972 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 9 March 2024, is AED 43,000 a year: a gross yield of 10.8% on the 2024 price.

Sales and rents for 213 over time

Sales
Unit 213, 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, July 2019: AED 476,150 (AED 1,039 per sqft)Sold, February 2024: AED 400,000 (AED 872 per sqft)

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

Rents
Unit 213, 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 30,000 a yearNew contract, December 2020: AED 22,000 a yearRenewal, December 2021: AED 22,000 a yearNew contract, January 2023: AED 33,000 a yearNew contract, March 2024: AED 43,000 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 213 sits

All 159 studios →

213 last sold in February 2024 at AED 872 per sqft, 10% 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. 213's AED 43,000 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
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

213, Montrell Serviced Apartments in numbers

  • Sold twice: first on 18 July 2019 for AED 476,150, last on 23 February 2024 for AED 400,000 (AED 872 per sqft).
  • Rented since November 2019 on 5 Ejari contracts. The rent fell from AED 30,000 to AED 22,000 in 2021 and recovered to AED 43,000 by March 2024.
  • At AED 43,000 a year the gross yield on the 2024 price is 10.8%.
  • 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 9 March 2024.

Questions about 213, Montrell Serviced Apartments

What did unit 213 last sell for?

AED 400,000 on 23 February 2024: AED 872 per sqft for 458 sqft. The unit has 2 registered sales; the first was AED 476,150 in July 2019.

What is the rent for unit 213?

AED 43,000 a year on the contract signed on 9 March 2024. The previous contract, from January 2023, was AED 33,000; the unit has been rented since November 2019.

How big is unit 213?

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

What is unit 213 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 213, Montrell Serviced Apartments

Starts from the last sale price (AED 400K, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →