307, Montrell Serviced Apartments
Sold prices and rental history: sold twice, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Montrell Serviced Apartments
What is 307 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 383 sqft
- Floor
- 3rd of 7
- Parking
- P1-27
- Developer
- Azizi Developments
- Completed
- 2018
- Last sold
- AED 390K · January 2024
- Building
- Montrell Serviced Apartments
About 307, Montrell Serviced Apartments
307 is a studio of 383 sqft on the 3rd floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 18 January 2024 for AED 390,000, or AED 1,017 per sqft, in line with the AED 1,032 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 17 January 2023, is AED 28,000 a year: a gross yield of 7.2% on the 2024 price.
Sales and rents for 307 over time
307 has sold twice; the dashed line is the studio median of each year in the building.
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 307 sits
All 159 studios →307 last sold in January 2024 at AED 1,017 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. 307's AED 28,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jan 202617 January 2026 | 429 sqft | 520,000 | 1,212 | ||
| 26 Dec 202526 December 2025 | 429 sqft | 500,000 | 1,165 | ||
| 22 Jul 202522 July 2025 | 483 sqft | 636,400 | 1,318 | ||
| 14 Jul 202514 July 2025 | 383 sqft | 450,000 | 1,174 |
Montrell Serviced Apartments
Building221 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%
Other units on the 3rd floor
All 221 units in Montrell Serviced Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 849 sqft | AED 626KAED 626,422 · Apr 2024April 2024 | 60,000 /yr | |
| 302 | Studio | 394 sqft | AED 526KAED 526,108 · Aug 2018August 2018 | 32,000 /yr | |
| 303 | Studio | 387 sqft | AED 383KAED 382,531 · Sep 2018September 2018 | 38,000 /yr | |
| 304 | Studio | 390 sqft | AED 503KAED 503,361 · Mar 2017March 2017 | 54,000 /yr | |
| 305 | 1-bed | 683 sqft | AED 640KAED 640,000 · Jun 2024June 2024 | 60,000 /yr | |
| 306 | 1-bed | 741 sqft | AED 803KAED 802,760 · Apr 2019April 2019 | 62,000 /yr | |
| 308 | Studio | 367 sqft | AED 492KAED 492,078 · Jun 2017June 2017 | 36,750 /yr | |
| 309 | Studio | 358 sqft | AED 489KAED 488,776 · Jan 2018January 2018 | 30,000 /yr | |
| 310 | Studio | 363 sqft | AED 499KAED 498,520 · May 2018May 2018 | 50,000 /yr | |
| 311 | Studio | 429 sqft | AED 566KAED 565,650 · Mar 2018March 2018 | 44,200 /yr | |
| 312 | Studio | 457 sqft | AED 597KAED 596,500 · Sep 2017September 2017 | 41,887 /yr | |
| 313 | Studio | 458 sqft | AED 597KAED 596,500 · Sep 2017September 2017 | 45,000 /yr | |
| 314 | Studio | 488 sqft | AED 400KAED 400,000 · Feb 2024February 2024 | 40,000 /yr | |
| 315 | 1-bed | 767 sqft | AED 621KAED 621,479 · Apr 2024April 2024 | 53,000 /yr | |
| 316 | Studio | 392 sqft | AED 375KAED 375,000 · Jan 2024January 2024 | 40,000 /yr | |
| 317 | 392 sqft | AED 530KAED 530,000 · Oct 2025October 2025 | 45,121 /yr | ||
| 318 | 1-bed | 767 sqft | AED 582KAED 581,880 · Jun 2023June 2023 | 38,000 /yr | |
| 319 | Studio | 408 sqft | AED 544KAED 544,057 · May 2017May 2017 | 45,000 /yr | |
| 320 | Studio | 409 sqft | AED 574KAED 573,839 · Nov 2017November 2017 | 37,000 /yr | |
| 321 | Studio | 408 sqft | AED 556KAED 556,406 · Nov 2017November 2017 | 35,000 /yr | |
| 322 | Studio | 380 sqft | AED 480KAED 480,000 · Jun 2025June 2025 | 45,000 /yr | |
| 323 | Studio | 333 sqft | AED 452KAED 451,871 · Feb 2017February 2017 | 30,000 /yr | |
| 324 | Studio | 365 sqft | AED 510KAED 510,000 · May 2025May 2025 | 48,000 /yr | |
| 325 | Studio | 367 sqft | AED 492KAED 492,078 · May 2017May 2017 | 39,000 /yr | |
| 326 | Studio | 383 sqft | AED 450KAED 450,000 · Jul 2025July 2025 | 40,000 /yr | |
| 327 | 1-bed | 741 sqft | AED 909KAED 908,830 · May 2017May 2017 | 48,000 /yr | |
| 328 | 1-bed | 683 sqft | AED 868KAED 868,000 · Aug 2017August 2017 | 60,000 /yr | |
| 330 | Studio | 387 sqft | AED 507KAED 507,425 · Mar 2017March 2017 | 33,075 /yr | |
| 331 | Studio | 394 sqft | AED 512KAED 511,836 · Apr 2017April 2017 | 38,000 /yr | |
| 332 | 849 sqft | AED 800KAED 800,000 · Aug 2025August 2025 |
307, Montrell Serviced Apartments in numbers
- Sold twice: first on 19 April 2017 for AED 507,929, last on 18 January 2024 for AED 390,000 (AED 1,017 per sqft).
- Rented since January 2021 on 3 Ejari contracts, from AED 22,000 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2024 price is 7.2%.
- 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 18 January 2024.
Questions about 307, Montrell Serviced Apartments
What did unit 307 last sell for?
AED 390,000 on 18 January 2024: AED 1,017 per sqft for 383 sqft. The unit has 2 registered sales; the first was AED 507,929 in April 2017.
What is the rent for unit 307?
AED 28,000 a year on the contract renewed on 17 January 2023. The previous contract, from January 2022, was AED 28,000; the unit has been rented since January 2021.
How big is unit 307?
383 sqft (35.6 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2018.
What is unit 307 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 307, Montrell Serviced Apartments
Starts from the last sale price (AED 390K, 18 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 390,000
- Deposit, UAE resident (20%)
- AED 78,000
- Deposit, non-resident (40%)
- AED 156,000
- Monthly over 25 years at 3.7%
- AED 1,596
Plus AED 19,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →