Home
Dubai prices
About
Research
Studio · 358 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

409, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in December 2017, and rented once, from April 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 30 April 2019
Last soldAED 518K12 December 2017
Current rentAED 33K /yr30 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Montrell Serviced Apartments

What is 409 worth today?

Last sold for AED 517,586 in 2017

Unlock today's estimate, updated daily, with

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

30 Apr 2019RentedNew contract
AED 33,000/yr12 months · AED 93 per sqft
12 Dec 2017Sold by developerOff-plan
AED 517,586AED 1,447 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 April 2019.

Key facts

Type
Studio hotel apartment
Size
358 sqft
Floor
4th of 7
Parking
P1-63
Developer
Azizi Developments
Completed
2018
Last sold
AED 518K · December 2017
Building
Montrell Serviced Apartments

About 409, Montrell Serviced Apartments

409 is a studio of 358 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 12 December 2017 for AED 517,586, or AED 1,447 per sqft, 7% above the AED 1,356 studios in the building were fetching at the time.

One Ejari contract is registered, from 30 April 2019. The current contract, signed on 30 April 2019, is AED 33,000 a year: a gross yield of 6.4% on the 2017 price.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical studio in Montrell Serviced Apartments
400K2016201920222025Typical 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, December 2017: AED 517,586 (AED 1,447 per sqft)

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

Rents
Unit 409, 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, April 2019: AED 33,000 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 409 sits

All 159 studios →

409 last sold in December 2017 at AED 1,447 per sqft, 7% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,356). 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. 409's AED 33,000 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 4th floor

All 221 units in Montrell Serviced Apartments
Value
4011-bedAED 740K · Jan 2025
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
1–7 of 31

409, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 12 December 2017 for AED 517,586, or AED 1,447 per sqft.
  • Rented since April 2019 on one Ejari contract, at AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2017 price is 6.4%.
  • 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 30 April 2019.

Questions about 409, Montrell Serviced Apartments

What did unit 409 last sell for?

AED 517,586 on 12 December 2017, sold by the developer: AED 1,447 per sqft for 358 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 33,000 a year on the contract signed on 30 April 2019.

How big is unit 409?

358 sqft (33.3 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 409 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 409? 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 409, Montrell Serviced Apartments

Starts from the last sale price (AED 518K, 12 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 517,586
Deposit, UAE resident (20%)
AED 103,517
Deposit, non-resident (40%)
AED 207,034
Monthly over 25 years at 3.7%
AED 2,118

Plus AED 26,748 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →