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Studio · 367 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

508, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 11 May 2017
Last soldAED 506K11 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Montrell Serviced Apartments

What is 508 worth today?

Last sold for AED 505,900 in 2017

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11 May 2017Sold by developerOff-plan
AED 505,900AED 1,376 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 May 2017.

Key facts

Type
Studio hotel apartment
Size
367 sqft
Floor
5th of 7
Parking
P2-3
Developer
Azizi Developments
Completed
2018
Last sold
AED 506K · May 2017
Building
Montrell Serviced Apartments

About 508, Montrell Serviced Apartments

508 is a studio of 367 sqft on the 5th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 11 May 2017 for AED 505,900, or AED 1,376 per sqft, in line with the AED 1,348 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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 2017: AED 505,900 (AED 1,376 per sqft)

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

Rents
Unit 508, 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 48,500

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 508 sits

All 159 studios →

508 last sold in May 2017 at AED 1,376 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,348). 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.

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 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
5051-bedNo registered sale
5061-bedAED 646K · Aug 2019
507StudioAED 522K · May 2017
1–7 of 31

508, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 11 May 2017 for AED 505,900, or AED 1,376 per sqft.
  • 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 11 May 2017.

Questions about 508, Montrell Serviced Apartments

What did unit 508 last sell for?

AED 505,900 on 11 May 2017, sold by the developer: AED 1,376 per sqft for 367 sqft. It is the only registered sale of the unit.

How big is unit 508?

367 sqft (34.1 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.

What is unit 508 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 508, Montrell Serviced Apartments

Starts from the last sale price (AED 506K, 11 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 505,900
Deposit, UAE resident (20%)
AED 101,180
Deposit, non-resident (40%)
AED 202,360
Monthly over 25 years at 3.7%
AED 2,070

Plus AED 26,258 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →