315, Montrell Serviced Apartments
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 315, Montrell Serviced Apartments
What is 315 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 767 sqft
- Floor
- 3rd of 7
- Parking
- P1-36
- Developer
- Azizi Developments
- Completed
- 2018
- Last sold
- AED 621K · April 2024
- Building
- Montrell Serviced Apartments
About 315, Montrell Serviced Apartments
315 is a one-bedroom hotel apartment of 767 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 15 April 2024 for AED 621,479, or AED 810 per sqft, 7% above the AED 758 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 May 2023, is AED 53,000 a year: a gross yield of 8.5% on the 2024 price.
Sales and rents for 315 over time
315 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Montrell Serviced Apartments, and where 315 sits
All 52 1-beds →315 last sold in April 2024 at AED 810 per sqft, 7% above what one-beds in Montrell Serviced Apartments were fetching at the time (AED 758). Over the last 12 months one-beds sold for AED 680,000, around AED 995 per sqft, and rent for AED 55,000 to 71,660 a year. 315's AED 53,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 683 sqft | 680,000 | 995 | ||
| 22 Jul 202522 July 2025 | 767 sqft | 740,000 | 964 | ||
| 10 Jul 202510 July 2025 | 767 sqft | 800,000 | 1,042 | ||
| 19 Jun 202519 June 2025 | 767 sqft | 700,000 | 912 |
Montrell Serviced Apartments
Building221 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 48K /yr
- Typical yield
- 9.9%
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 | |
| 307 | Studio | 383 sqft | AED 390KAED 390,000 · Jan 2024January 2024 | 28,000 /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 | |
| 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 |
315, Montrell Serviced Apartments in numbers
- Sold twice: first on 24 February 2019 for AED 621,479, last on 15 April 2024 for AED 621,479 (AED 810 per sqft).
- Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 25,000 in 2020 and recovered to AED 53,000 by May 2023.
- At AED 53,000 a year the gross yield on the 2024 price is 8.5%.
- One-beds in Montrell Serviced Apartments sold for AED 680,000–680,000 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 15 April 2024.
Questions about 315, Montrell Serviced Apartments
What did unit 315 last sell for?
AED 621,479 on 15 April 2024: AED 810 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 621,479 in February 2019.
What is the rent for unit 315?
AED 53,000 a year on the contract signed on 15 May 2023. The previous contract, from March 2020, was AED 25,000; the unit has been rented since October 2018.
How big is unit 315?
767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 3rd floor of a 7-storey tower completed in 2018.
What is unit 315 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Montrell Serviced Apartments sold for AED 680,000 to 680,000 in the last 12 months, around AED 995 per sqft.
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Mortgage on 315, Montrell Serviced Apartments
Starts from the last sale price (AED 621K, 15 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 621,479
- Deposit, UAE resident (20%)
- AED 124,296
- Deposit, non-resident (40%)
- AED 248,592
- Monthly over 25 years at 3.7%
- AED 2,543
Plus AED 31,112 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →