Studio · 408 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

419, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419 · DLD and Ejari recordsUpdated 5 October 2025
Last soldAED 320K3 May 2023
Current rentAED 39K /yr5 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 419, Montrell Serviced Apartments

What is 419 worth today?

Last sold for AED 320,000 in 2023

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5 Oct 2025RentedRenewal
AED 38,500/yr12 months · AED 97 per sqft
5 Oct 2024RentedRenewal
AED 38,500/yr12 months · AED 94 per sqft
5 Oct 2023RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft
3 May 2023SoldReady
AED 320,000AED 784 per sqft
1 Oct 2022RentedRenewal
AED 27,000/yr12 months · AED 66 per sqft
1 Oct 2021RentedNew contract
AED 24,000/yr12 months · AED 59 per sqft
1 Oct 2018RentedNew contract
AED 32,000/yr12 months · AED 78 per sqft
31 May 2018Sold by developerReady
AED 554,245AED 1,359 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 October 2025.

Key facts

Type
Studio hotel apartment
Size
408 sqft
Floor
4th of 7
Parking
P1-73
Developer
Azizi Developments
Completed
2018
Last sold
AED 320K · May 2023

About 419, Montrell Serviced Apartments

419 is a studio of 408 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 3 May 2023 for AED 320,000, or AED 784 per sqft, in line with the AED 788 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 5 October 2025, is AED 38,500 a year: a gross yield of 12.0% on the 2023 price.

Sales and rents for 419 over time

Sales
Unit 419, 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, May 2018: AED 554,245 (AED 1,359 per sqft)Sold, May 2023: AED 320,000 (AED 784 per sqft)

419 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 419, 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, October 2018: AED 32,000 a yearNew contract, October 2021: AED 24,000 a yearRenewal, October 2022: AED 27,000 a yearNew contract, October 2023: AED 36,000 a yearRenewal, October 2024: AED 38,500 a yearRenewal, October 2025: AED 38,500 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 419 sits

All 159 studios →

419 last sold in May 2023 at AED 784 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 788). 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. 419's AED 38,500 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 →
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

419, Montrell Serviced Apartments in numbers

  • Sold twice: first on 31 May 2018 for AED 554,245, last on 3 May 2023 for AED 320,000 (AED 784 per sqft).
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 24,000 in 2021 and recovered to AED 38,500 by October 2025.
  • At AED 38,500 a year the gross yield on the 2023 price is 12.0%.
  • 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 5 October 2025.

Questions about 419, Montrell Serviced Apartments

What did unit 419 last sell for?

AED 320,000 on 3 May 2023: AED 784 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 554,245 in May 2018.

What is the rent for unit 419?

AED 38,500 a year on the contract renewed on 5 October 2025. The previous contract, from October 2024, was AED 38,500; the unit has been rented since October 2018.

How big is unit 419?

408 sqft (37.9 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 419 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.

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Mortgage on 419, Montrell Serviced Apartments

Starts from the last sale price (AED 320K, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

Plus AED 16,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →