Home
Dubai prices
About
Research
Studio · 408 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

519, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in July 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 350K25 July 2023
Current rentAED 37K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 519, Montrell Serviced Apartments

What is 519 worth today?

Last sold for AED 350,000 in 2023

Unlock today's estimate, updated daily, with

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

1 Dec 2023RentedNew contract
AED 37,000/yr12 months · AED 91 per sqft
25 Jul 2023SoldReady
AED 350,000AED 858 per sqft
5 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
25 Jul 2019RentedNew contract
AED 32,000/yr12 months · AED 78 per sqft
11 Jan 2018Sold by developerOff-plan
AED 554,245AED 1,359 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Key facts

Type
Studio hotel apartment
Size
408 sqft
Floor
5th of 7
Parking
P2-14
Developer
Azizi Developments
Completed
2018
Last sold
AED 350K · July 2023
Building
Montrell Serviced Apartments

About 519, Montrell Serviced Apartments

519 is a studio of 408 sqft on the 5th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 25 July 2023 for AED 350,000, or AED 858 per sqft, in line with the AED 857 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 December 2023, is AED 37,000 a year: a gross yield of 10.6% on the 2023 price.

Sales and rents for 519 over time

Sales
Unit 519, 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, January 2018: AED 554,245 (AED 1,359 per sqft)Sold, July 2023: AED 350,000 (AED 858 per sqft)

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

Rents
Unit 519, 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, July 2019: AED 32,000 a yearNew contract, November 2021: AED 30,000 a yearNew contract, December 2023: AED 37,000 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 519 sits

All 159 studios →

519 last sold in July 2023 at AED 858 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 857). Over the last 12 months studios sold for AED 500,000 to 520,000, around AED 1,189 per sqft, and rent for AED 24,108 to 66,000 a year. 519's AED 37,000 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
2 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. 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
5051-bedNo registered sale
5061-bedAED 646K · Aug 2019
507StudioAED 522K · May 2017
1–7 of 31

519, Montrell Serviced Apartments in numbers

  • Sold twice: first on 11 January 2018 for AED 554,245, last on 25 July 2023 for AED 350,000 (AED 858 per sqft).
  • Rented since July 2019 on 3 Ejari contracts, from AED 32,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2023 price is 10.6%.
  • Studios in Montrell Serviced Apartments sold for AED 500,000–520,000 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 1 December 2023.

Questions about 519, Montrell Serviced Apartments

What did unit 519 last sell for?

AED 350,000 on 25 July 2023: AED 858 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 554,245 in January 2018.

What is the rent for unit 519?

AED 37,000 a year on the contract signed on 1 December 2023. The previous contract, from November 2021, was AED 30,000; the unit has been rented since July 2019.

How big is unit 519?

408 sqft (37.9 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.

What is unit 519 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 500,000 to 520,000 in the last 12 months, around AED 1,189 per sqft.

Selling 519? 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 519, Montrell Serviced Apartments

Starts from the last sale price (AED 350K, 25 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

Plus AED 17,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →