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Studio · 204 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

421, Montrell Serviced Apartments

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

Unit 421 · DLD and Ejari recordsUpdated 5 November 2023
Last soldAED 556K29 January 2018
Current rentAED 38K /yr5 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 421, Montrell Serviced Apartments

What is 421 worth today?

Last sold for AED 556,000 in 2018

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5 Nov 2023RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
10 Oct 2022RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
1 Oct 2020RentedNew contract
AED 22,000/yr12 months · AED 54 per sqft
20 Sep 2018RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
29 Jan 2018Sold by developerOff-plan
AED 556,000AED 1,362 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2023.

Key facts

Type
Studio hotel apartment
Size
204 sqft
Floor
4th of 7
Parking
P1-75
Developer
Azizi Developments
Completed
2018
Last sold
AED 556K · January 2018
Building
Montrell Serviced Apartments

About 421, Montrell Serviced Apartments

421 is a studio of 204 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 29 January 2018 for AED 556,000, or AED 1,362 per sqft, in line with the AED 1,362 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 November 2023, is AED 38,000 a year: a gross yield of 6.8% on the 2018 price.

Sales and rents for 421 over time

Sales
Unit 421, each saleTypical studio in Montrell Serviced Apartments
400K600K2016201920222025Typical 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, January 2018: AED 556,000 (AED 1,362 per sqft)

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

Rents
Unit 421, 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, September 2018: AED 30,000 a yearNew contract, October 2020: AED 22,000 a yearNew contract, October 2022: AED 30,000 a yearNew contract, November 2023: AED 38,000 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 421 sits

All 159 studios →

421 last sold in January 2018 at AED 1,362 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,362). 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. 421's AED 38,000 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

421, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 29 January 2018 for AED 556,000, or AED 1,362 per sqft.
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 30,000 to AED 22,000 in 2020 and recovered to AED 38,000 by November 2023.
  • At AED 38,000 a year the gross yield on the 2018 price is 6.8%.
  • 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 November 2023.

Questions about 421, Montrell Serviced Apartments

What did unit 421 last sell for?

AED 556,000 on 29 January 2018, sold by the developer: AED 1,362 per sqft for 204 sqft. It is the only registered sale of the unit.

What is the rent for unit 421?

AED 38,000 a year on the contract signed on 5 November 2023. The previous contract, from October 2022, was AED 30,000; the unit has been rented since September 2018.

How big is unit 421?

204 sqft (19.0 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 421 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 421, Montrell Serviced Apartments

Starts from the last sale price (AED 556K, 29 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 556,000
Deposit, UAE resident (20%)
AED 111,200
Deposit, non-resident (40%)
AED 222,400
Monthly over 25 years at 3.7%
AED 2,275

Plus AED 28,362 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →