402, Montrell Serviced Apartments
Sold prices and rental history: sold once, by the developer in April 2018, 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 402, Montrell Serviced Apartments
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 November 2024.
Key facts
- Type
- Hotel apartment
- Size
- 394 sqft
- Floor
- 4th of 7
- Parking
- P1-56
- Developer
- Azizi Developments
- Completed
- 2018
- Last sold
- AED 552K · April 2018
- Building
- Montrell Serviced Apartments
About 402, Montrell Serviced Apartments
402 is a hotel apartment of 394 sqft on the 4th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 18 April 2018 for AED 551,807, or AED 1,400 per sqft.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 7 November 2024, is AED 45,000 a year: a gross yield of 8.2% on the 2018 price.
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 4th floor
All 221 units in Montrell Serviced Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 849 sqft | AED 740KAED 740,000 · Jan 2025January 2025 | 50,000 /yr | |
| 403 | Studio | 387 sqft | AED 455KAED 455,000 · Nov 2024November 2024 | 46,000 /yr | |
| 404 | Studio | 390 sqft | AED 529KAED 528,647 · Jun 2017June 2017 | 26,000 /yr | |
| 405 | 1-bed | 683 sqft | AED 898KAED 897,740 · May 2017May 2017 | 45,000 /yr | |
| 406 | 1-bed | 741 sqft | AED 1MAED 1,000,000 · Dec 2017December 2017 | 50,000 /yr | |
| 407 | Studio | 383 sqft | AED 300KAED 300,000 · Mar 2023March 2023 | 39,000 /yr | |
| 408 | Studio | 367 sqft | AED 501KAED 501,293 · Dec 2017December 2017 | 34,000 /yr | |
| 409 | Studio | 358 sqft | AED 518KAED 517,586 · Dec 2017December 2017 | 33,000 /yr | |
| 410 | Studio | 363 sqft | AED 508KAED 507,600 · May 2017May 2017 | 33,000 /yr | |
| 411 | Studio | 429 sqft | AED 576KAED 576,242 · Mar 2018March 2018 | 42,000 /yr | |
| 412 | Studio | 457 sqft | AED 608KAED 607,667 · Sep 2017September 2017 | 42,000 /yr | |
| 413 | Studio | 458 sqft | AED 400KAED 400,000 · Feb 2024February 2024 | 33,600 /yr | |
| 414 | 488 sqft | AED 520KAED 520,000 · Aug 2025August 2025 | 26,000 /yr | ||
| 415 | 1-bed | 767 sqft | AED 581KAED 581,100 · Apr 2024April 2024 | 35,000 /yr | |
| 416 | Studio | 392 sqft | AED 510KAED 510,233 · May 2017May 2017 | 26,000 /yr | |
| 417 | Studio | 392 sqft | AED 513KAED 513,497 · May 2017May 2017 | 30,800 /yr | |
| 418 | 1-bed | 767 sqft | AED 1.02MAED 1,016,000 · Jul 2017July 2017 | 65,000 /yr | |
| 419 | Studio | 408 sqft | AED 320KAED 320,000 · May 2023May 2023 | 38,500 /yr | |
| 420 | Studio | 409 sqft | AED 523KAED 522,796 · Apr 2024April 2024 | 42,000 /yr | |
| 421 | Studio | 204 sqft | AED 556KAED 556,000 · Jan 2018January 2018 | 38,000 /yr | |
| 422 | Studio | 380 sqft | AED 370KAED 370,000 · Jan 2024January 2024 | 40,000 /yr | |
| 423 | Studio | 333 sqft | AED 475KAED 475,000 · Oct 2024October 2024 | 45,600 /yr | |
| 424 | Studio | 365 sqft | AED 444KAED 443,760 · May 2023May 2023 | 31,000 /yr | |
| 425 | Studio | 367 sqft | AED 407KAED 407,000 · Jan 2024January 2024 | 40,000 /yr | |
| 426 | Studio | 383 sqft | AED 520KAED 519,739 · Apr 2017April 2017 | 33,880 /yr | |
| 427 | 1-bed | 741 sqft | AED 909KAED 908,830 · May 2017May 2017 | 58,000 /yr | |
| 428 | 1-bed | 683 sqft | AED 690KAED 690,000 · Apr 2025April 2025 | 50,000 /yr | |
| 429 | Studio | 390 sqft | AED 533KAED 533,000 · Sep 2017September 2017 | 50,000 /yr | |
| 430 | Studio | 387 sqft | AED 420KAED 420,000 · Mar 2024March 2024 | 40,000 /yr | |
| 431 | Studio | 394 sqft | AED 551KAED 550,834 · Oct 2017October 2017 | 30,000 /yr | |
| 432 | 1-bed | 849 sqft | AED 700KAED 700,000 · Feb 2022February 2022 | 55,000 /yr |
402, Montrell Serviced Apartments in numbers
- Sold once: by Azizi Developments on 18 April 2018 for AED 551,807, or AED 1,400 per sqft.
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 34,000 to AED 22,000 in 2020 and recovered to AED 45,000 by November 2024.
- At AED 45,000 a year the gross yield on the 2018 price is 8.2%.
Source: YallaValue analysis of Dubai Land Department records. Updated 7 November 2024.
Questions about 402, Montrell Serviced Apartments
What did unit 402 last sell for?
AED 551,807 on 18 April 2018, sold by the developer: AED 1,400 per sqft for 394 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 45,000 a year on the contract signed on 7 November 2024. The previous contract, from October 2023, was AED 32,000; the unit has been rented since August 2018.
How big is unit 402?
394 sqft (36.6 sqm): a hotel apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 402, Montrell Serviced Apartments
Starts from the last sale price (AED 552K, 18 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 551,807
- Deposit, UAE resident (20%)
- AED 110,361
- Deposit, non-resident (40%)
- AED 220,723
- Monthly over 25 years at 3.7%
- AED 2,258
Plus AED 28,186 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →