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1-bed · 683 sqftMontrell Serviced Apartments, Al Furjan · 3rd floor · completed 2018

328, Montrell Serviced Apartments

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

Unit 328 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 868K29 August 2017
Current rentAED 60K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 328, Montrell Serviced Apartments

What is 328 worth today?

Last sold for AED 868,000 in 2017

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25 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 88 per sqft
28 Aug 2023RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
1 Apr 2022RentedRenewal
AED 39,000/yr12 months · AED 57 per sqft
1 Apr 2020RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
1 Dec 2018RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
29 Aug 2017Sold by developerOff-plan
AED 868,000AED 1,270 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Key facts

Type
1-bed hotel apartment
Size
683 sqft
Floor
3rd of 7
Parking
P1-50
Developer
Azizi Developments
Completed
2018
Last sold
AED 868K · August 2017
Building
Montrell Serviced Apartments

About 328, Montrell Serviced Apartments

328 is a one-bedroom hotel apartment of 683 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 29 August 2017 for AED 868,000, or AED 1,270 per sqft, in line with the AED 1,270 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 October 2024, is AED 60,000 a year: a gross yield of 6.9% on the 2017 price.

Sales and rents for 328 over time

Sales
Unit 328, each saleTypical one-bed in Montrell Serviced Apartments
600K800K1M2017202020232026Typical sale price by year: 2017 AED 908,830; 2018 AED 964,979; 2019 AED 688,091; 2020 AED 628,106; 2022 AED 700,000; 2023 AED 600,115; 2024 AED 626,422; 2025 AED 732,500Sold by developer, August 2017: AED 868,000 (AED 1,270 per sqft)

328 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 328, each contractTypical one-bed in Montrell Serviced Apartments
40K60K20182020202220242026Typical rent by year: 2018 AED 61,000; 2019 AED 58,500; 2020 AED 45,000; 2021 AED 37,000; 2022 AED 42,550; 2023 AED 52,000; 2024 AED 60,000; 2025 AED 61,750New contract, December 2018: AED 50,000 a yearNew contract, April 2020: AED 40,000 a yearRenewal, April 2022: AED 39,000 a yearNew contract, August 2023: AED 50,000 a yearNew contract, October 2024: AED 60,000 a year

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 328 sits

All 52 1-beds →

328 last sold in August 2017 at AED 1,270 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 1,270). 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. 328's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 2026680,000
22 Jul 2025740,000
10 Jul 2025800,000
19 Jun 2025700,000
1 1-bed sale 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

328, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 29 August 2017 for AED 868,000, or AED 1,270 per sqft.
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 39,000 in 2022 and recovered to AED 60,000 by October 2024.
  • At AED 60,000 a year the gross yield on the 2017 price is 6.9%.
  • 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 1,189 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Questions about 328, Montrell Serviced Apartments

What did unit 328 last sell for?

AED 868,000 on 29 August 2017, sold by the developer: AED 1,270 per sqft for 683 sqft. It is the only registered sale of the unit.

What is the rent for unit 328?

AED 60,000 a year on the contract signed on 25 October 2024. The previous contract, from August 2023, was AED 50,000; the unit has been rented since December 2018.

How big is unit 328?

683 sqft (63.5 sqm): a one-bedroom hotel apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 328 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 328, Montrell Serviced Apartments

Starts from the last sale price (AED 868K, 29 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 868,000
Deposit, UAE resident (20%)
AED 173,600
Deposit, non-resident (40%)
AED 347,200
Monthly over 25 years at 3.7%
AED 3,551

Plus AED 41,466 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →