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

528, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in January 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 528 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 540K10 January 2024
Current rentAED 61K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 528, Montrell Serviced Apartments

What is 528 worth today?

Last sold for AED 540,153 in 2024

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1 Aug 2024RentedNew contract
AED 60,500/yr12 months · AED 89 per sqft
10 Jan 2024SoldReady
AED 540,153AED 790 per sqft
1 Aug 2023RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
27 Apr 2023Sold by developerReady
AED 540,153AED 790 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
1-bed hotel apartment
Size
683 sqft
Floor
5th of 7
Parking
P2-22
Developer
Azizi Developments
Completed
2018
Last sold
AED 540K · January 2024

About 528, Montrell Serviced Apartments

528 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. It last sold on 10 January 2024 for AED 540,153, or AED 790 per sqft, in line with the AED 790 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 August 2024, is AED 60,500 a year: a gross yield of 11.2% on the 2024 price.

Sales and rents for 528 over time

Sales
Unit 528, 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 732,500Sold by developer, April 2023: AED 540,153 (AED 790 per sqft)Sold, January 2024: AED 540,153 (AED 790 per sqft)

528 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 528, 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, August 2023: AED 55,000 a yearNew contract, August 2024: AED 60,500 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 528 sits

All 52 1-beds →

528 last sold in January 2024 at AED 790 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 790). 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. 528's AED 60,500 is in the lower half 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. 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
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

528, Montrell Serviced Apartments in numbers

  • Sold twice: first on 27 April 2023 for AED 540,153, last on 10 January 2024 for AED 540,153 (AED 790 per sqft).
  • Rented since August 2023 on 2 Ejari contracts, from AED 55,000 to AED 60,500 a year.
  • At AED 60,500 a year the gross yield on the 2024 price is 11.2%.
  • 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 1,189 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Questions about 528, Montrell Serviced Apartments

What did unit 528 last sell for?

AED 540,153 on 10 January 2024: AED 790 per sqft for 683 sqft. The unit has 2 registered sales; the first was AED 540,153 in April 2023.

What is the rent for unit 528?

AED 60,500 a year on the contract signed on 1 August 2024. The previous contract, from August 2023, was AED 55,000.

How big is unit 528?

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 528 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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Mortgage on 528, Montrell Serviced Apartments

Starts from the last sale price (AED 540K, 10 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 540,153
Deposit, UAE resident (20%)
AED 108,031
Deposit, non-resident (40%)
AED 216,061
Monthly over 25 years at 3.7%
AED 2,210

Plus AED 27,696 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →