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1-bed · 683 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

505, Montrell Serviced Apartments

Sold prices and rental history: no registered sale, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 30 May 2024
Current rentAED 48K /yr30 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Montrell Serviced Apartments

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30 May 2024RentedRenewal
AED 48,000/yr12 months · AED 71 per sqft
30 May 2021RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
8 Nov 2018RentedNew contract
AED 60,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 May 2024.

Key facts

Type
1-bed hotel apartment
Size
683 sqft
Floor
5th of 7
Parking
P1-90
Developer
Azizi Developments
Completed
2018
Last sold
No registered sale
Building
Montrell Serviced Apartments

About 505, Montrell Serviced Apartments

505 is a one-bedroom hotel apartment of 683 sqft on the 5th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 30 May 2024, is AED 48,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 732,500

No registered sale of 505; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, 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, November 2018: AED 60,000 a yearNew contract, May 2021: AED 35,000 a yearRenewal, May 2024: AED 48,000 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 505 sits

All 52 1-beds →

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. 505's AED 48,000 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 47K /yr
Typical yield
9.9%
Montrell Serviced Apartments, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 221 units in Montrell Serviced Apartments
Value
5011-bedAED 613K · May 2024
502StudioAED 540K · May 2017
503StudioAED 522K · Feb 2017
504StudioAED 549K · Aug 2017
5061-bedAED 646K · Aug 2019
507StudioAED 522K · May 2017
508StudioAED 506K · May 2017
1–7 of 31

505, Montrell Serviced Apartments in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since November 2018 on 3 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 48,000 by May 2024.
  • 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 30 May 2024.

Questions about 505, Montrell Serviced Apartments

What is the rent for unit 505?

AED 48,000 a year on the contract renewed on 30 May 2024. The previous contract, from May 2021, was AED 35,000; the unit has been rented since November 2018.

How big is unit 505?

683 sqft (63.5 sqm): a one-bedroom hotel apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 505 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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