Home
Dubai prices
About
Research
1-bed · 849 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

532, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in April 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 532 · DLD and Ejari recordsUpdated 19 April 2024
Last soldAED 626K19 April 2024
Current rentAED 45K /yr20 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 532, Montrell Serviced Apartments

What is 532 worth today?

Last sold for AED 626,422 in 2024

Unlock today's estimate, updated daily, with

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

19 Apr 2024SoldReady
AED 626,422AED 737 per sqft
20 Apr 2020RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
25 Apr 2019RentedNew contract
AED 68,000/yr12 months · AED 80 per sqft
24 Feb 2019Sold by developerReady
AED 688,091AED 810 per sqft
25 Apr 2018RentedNew contract
AED 68,000/yr12 months · AED 80 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 April 2024.

Key facts

Type
1-bed hotel apartment
Size
849 sqft
Floor
5th of 7
Parking
P2-26
Developer
Azizi Developments
Completed
2018
Last sold
AED 626K · April 2024
Building
Montrell Serviced Apartments

About 532, Montrell Serviced Apartments

532 is a one-bedroom hotel apartment of 849 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 19 April 2024 for AED 626,422, or AED 737 per sqft, in line with the AED 756 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 April 2020, is AED 45,000 a year: a gross yield of 7.2% on the 2024 price.

Sales and rents for 532 over time

Sales
Unit 532, 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, February 2019: AED 688,091 (AED 810 per sqft)Sold, April 2024: AED 626,422 (AED 737 per sqft)

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

Rents
Unit 532, 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, April 2018: AED 68,000 a yearNew contract, April 2019: AED 68,000 a yearNew contract, April 2020: AED 45,000 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 532 sits

All 52 1-beds →

532 last sold in April 2024 at AED 737 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 756). 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. 532's AED 45,000 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 48K /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

532, Montrell Serviced Apartments in numbers

  • Sold twice: first on 24 February 2019 for AED 688,091, last on 19 April 2024 for AED 626,422 (AED 737 per sqft).
  • Rented since April 2018 on 3 Ejari contracts, from AED 68,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 7.2%.
  • 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 1,165 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 19 April 2024.

Questions about 532, Montrell Serviced Apartments

What did unit 532 last sell for?

AED 626,422 on 19 April 2024: AED 737 per sqft for 849 sqft. The unit has 2 registered sales; the first was AED 688,091 in February 2019.

What is the rent for unit 532?

AED 45,000 a year on the contract signed on 20 April 2020. The previous contract, from April 2019, was AED 68,000; the unit has been rented since April 2018.

How big is unit 532?

849 sqft (78.9 sqm): a one-bedroom hotel apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 532 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.

Selling 532? 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 532, Montrell Serviced Apartments

Starts from the last sale price (AED 626K, 19 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 626,422
Deposit, UAE resident (20%)
AED 125,284
Deposit, non-resident (40%)
AED 250,569
Monthly over 25 years at 3.7%
AED 2,563

Plus AED 31,320 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →