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1-bed · 849 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

401, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 740K6 January 2025
Current rentAED 50K /yr9 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Montrell Serviced Apartments

What is 401 worth today?

Last sold for AED 740,000 in 2025

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9 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
6 Jan 2025SoldReady
AED 740,000AED 871 per sqft
11 Oct 2024SoldReady
AED 652,860AED 768 per sqft
15 May 2023RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
25 Sep 2020RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
1 Jul 2020RentedNew contract
AED 68,000/yr12 months · AED 80 per sqft
1 May 2019RentedNew contract
AED 68,000/yr12 months · AED 80 per sqft
24 Feb 2019Sold by developerReady
AED 688,091AED 810 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2025.

Key facts

Type
1-bed hotel apartment
Size
849 sqft
Floor
4th of 7
Parking
P1-55
Developer
Azizi Developments
Completed
2018
Last sold
AED 740K · January 2025
Building
Montrell Serviced Apartments

About 401, Montrell Serviced Apartments

401 is a one-bedroom hotel apartment of 849 sqft on the 4th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 6 January 2025 for AED 740,000, or AED 871 per sqft, 14% above the AED 763 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 9 January 2025, is AED 50,000 a year: a gross yield of 6.8% on the 2025 price.

Sales and rents for 401 over time

Sales
Unit 401, 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, February 2019: AED 688,091 (AED 810 per sqft)Sold, October 2024: AED 652,860 (AED 768 per sqft)Sold, January 2025: AED 740,000 (AED 871 per sqft)

401 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 401, 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, May 2018: AED 68,000 a yearNew contract, May 2019: AED 68,000 a yearNew contract, July 2020: AED 68,000 a yearNew contract, September 2020: AED 38,000 a yearNew contract, May 2023: AED 53,000 a yearNew contract, January 2025: AED 50,000 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 401 sits

All 52 1-beds →

401 last sold in January 2025 at AED 871 per sqft, 14% above what one-beds in Montrell Serviced Apartments were fetching at the time (AED 763). 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. 401's AED 50,000 is at the bottom 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. 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%
Montrell Serviced Apartments, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 221 units in Montrell Serviced Apartments
Value
402AED 552K · Apr 2018
403StudioAED 455K · Nov 2024
404StudioAED 529K · Jun 2017
4051-bedAED 898K · May 2017
4061-bedAED 1M · Dec 2017
407StudioAED 300K · Mar 2023
408StudioAED 501K · Dec 2017
1–7 of 31

401, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 24 February 2019 for AED 688,091, last on 6 January 2025 for AED 740,000 (AED 871 per sqft).
  • Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 38,000 in 2020 and recovered to AED 50,000 by January 2025.
  • At AED 50,000 a year the gross yield on the 2025 price is 6.8%.
  • 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 9 January 2025.

Questions about 401, Montrell Serviced Apartments

What did unit 401 last sell for?

AED 740,000 on 6 January 2025: AED 871 per sqft for 849 sqft. The unit has 3 registered sales; the first was AED 688,091 in February 2019.

What is the rent for unit 401?

AED 50,000 a year on the contract signed on 9 January 2025. The previous contract, from May 2023, was AED 53,000; the unit has been rented since May 2018.

How big is unit 401?

849 sqft (78.9 sqm): a one-bedroom hotel apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 401 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 401, Montrell Serviced Apartments

Starts from the last sale price (AED 740K, 6 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

Plus AED 36,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →