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Studio · 458 sqftMontrell Serviced Apartments, Al Furjan · 3rd floor · completed 2018

313, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 597K27 September 2017
Current rentAED 45K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313, Montrell Serviced Apartments

What is 313 worth today?

Last sold for AED 596,500 in 2017

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1 Jun 2025RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
20 Nov 2022RentedRenewal
AED 30,000/yr6 months · AED 65 per sqft
20 Nov 2021RentedRenewal
AED 26,000/yr12 months · AED 56 per sqft
20 Nov 2020RentedNew contract
AED 23,000/yr12 months · AED 50 per sqft
5 Oct 2018RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
27 Sep 2017Sold by developerOff-plan
AED 596,500AED 1,301 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio hotel apartment
Size
458 sqft
Floor
3rd of 7
Parking
P1-34
Developer
Azizi Developments
Completed
2018
Last sold
AED 597K · September 2017
Building
Montrell Serviced Apartments

About 313, Montrell Serviced Apartments

313 is a studio of 458 sqft on the 3rd floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 27 September 2017 for AED 596,500, or AED 1,301 per sqft, 4% below the AED 1,352 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 June 2025, is AED 45,000 a year: a gross yield of 7.5% on the 2017 price.

Sales and rents for 313 over time

Sales
Unit 313, 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, September 2017: AED 596,500 (AED 1,301 per sqft)

313 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 313, 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, October 2018: AED 40,000 a yearNew contract, November 2020: AED 23,000 a yearRenewal, November 2021: AED 26,000 a yearRenewal, November 2022: AED 30,000 a yearNew contract, June 2025: AED 45,000 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 313 sits

All 159 studios →

313 last sold in September 2017 at AED 1,301 per sqft, 4% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,352). 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. 313's AED 45,000 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 47K /yr
Typical yield
9.7%
Montrell Serviced Apartments, Al Furjan: prices, sales and rents →

Other units on the 3rd floor

All 221 units in Montrell Serviced Apartments
Value
3011-bedAED 626K · Apr 2024
302StudioAED 526K · Aug 2018
303StudioAED 383K · Sep 2018
304StudioAED 503K · Mar 2017
3051-bedAED 640K · Jun 2024
3061-bedAED 803K · Apr 2019
307StudioAED 390K · Jan 2024
1–7 of 30

313, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 27 September 2017 for AED 596,500, or AED 1,301 per sqft.
  • Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 23,000 in 2020 and recovered to AED 45,000 by June 2025.
  • At AED 45,000 a year the gross yield on the 2017 price is 7.5%.
  • 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: Dubai Land Department. Updated 1 June 2025.

Questions about 313, Montrell Serviced Apartments

What did unit 313 last sell for?

AED 596,500 on 27 September 2017, sold by the developer: AED 1,301 per sqft for 458 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 45,000 a year on the contract signed on 1 June 2025. The previous contract, from November 2022, was AED 30,000; the unit has been rented since October 2018.

How big is unit 313?

458 sqft (42.5 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 313 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 313, Montrell Serviced Apartments

Starts from the last sale price (AED 597K, 27 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 596,500
Deposit, UAE resident (20%)
AED 119,300
Deposit, non-resident (40%)
AED 238,600
Monthly over 25 years at 3.7%
AED 2,440

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →