Home
Dubai prices
About
Research
Studio · 408 sqftMontrell Serviced Apartments, Al Furjan · 3rd floor · completed 2018

321, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 321 · DLD and Ejari recordsUpdated 31 August 2024
Last soldAED 556K28 November 2017
Current rentAED 35K /yr31 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 321, Montrell Serviced Apartments

What is 321 worth today?

Last sold for AED 556,406 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Aug 2024RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
3 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
28 Nov 2017Sold by developerOff-plan
AED 556,406AED 1,363 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 August 2024.

Key facts

Type
Studio hotel apartment
Size
408 sqft
Floor
3rd of 7
Parking
P1-44
Developer
Azizi Developments
Completed
2018
Last sold
AED 556K · November 2017
Building
Montrell Serviced Apartments

About 321, Montrell Serviced Apartments

321 is a studio of 408 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 28 November 2017 for AED 556,406, or AED 1,363 per sqft, in line with the AED 1,352 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 31 August 2024, is AED 35,000 a year: a gross yield of 6.3% on the 2017 price.

Sales and rents for 321 over time

Sales
Unit 321, 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, November 2017: AED 556,406 (AED 1,363 per sqft)

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

Rents
Unit 321, 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, August 2020: AED 30,000 a yearNew contract, August 2024: AED 35,000 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 321 sits

All 159 studios →

321 last sold in November 2017 at AED 1,363 per sqft, in line with 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. 321's AED 35,000 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 →

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

321, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 28 November 2017 for AED 556,406, or AED 1,363 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, from AED 30,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2017 price is 6.3%.
  • 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 31 August 2024.

Questions about 321, Montrell Serviced Apartments

What did unit 321 last sell for?

AED 556,406 on 28 November 2017, sold by the developer: AED 1,363 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 321?

AED 35,000 a year on the contract signed on 31 August 2024. The previous contract, from August 2020, was AED 30,000.

How big is unit 321?

408 sqft (37.9 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 321 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.

Selling 321? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 321, Montrell Serviced Apartments

Starts from the last sale price (AED 556K, 28 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 556,406
Deposit, UAE resident (20%)
AED 111,281
Deposit, non-resident (40%)
AED 222,562
Monthly over 25 years at 3.7%
AED 2,276

Plus AED 28,379 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →