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Studio · 383 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

607, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 25 June 2023
Last soldAED 537K19 November 2017
Current rentAED 33K /yr25 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Montrell Serviced Apartments

What is 607 worth today?

Last sold for AED 537,211 in 2017

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25 Jun 2023RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
1 Jun 2022RentedNew contract
AED 25,000/yr12 months · AED 65 per sqft
18 Nov 2021RentedNew contract
AED 26,000/yr12 months · AED 67 per sqft
5 Nov 2020RentedRenewal
AED 22,500/yr12 months · AED 58 per sqft
5 Nov 2019RentedNew contract
AED 28,000/yr12 months · AED 72 per sqft
19 Nov 2017Sold by developerOff-plan
AED 537,211AED 1,401 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2023.

Key facts

Type
Studio hotel apartment
Size
383 sqft
Floor
6th of 7
Parking
P2-38
Developer
Azizi Developments
Completed
2018
Last sold
AED 537K · November 2017
Building
Montrell Serviced Apartments

About 607, Montrell Serviced Apartments

607 is a studio of 383 sqft on the 6th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 19 November 2017 for AED 537,211, or AED 1,401 per sqft, 4% above the AED 1,352 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 25 June 2023, is AED 33,000 a year: a gross yield of 6.1% on the 2017 price.

Sales and rents for 607 over time

Sales
Unit 607, 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, November 2017: AED 537,211 (AED 1,401 per sqft)

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

Rents
Unit 607, 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, November 2019: AED 28,000 a yearRenewal, November 2020: AED 22,500 a yearNew contract, November 2021: AED 26,000 a yearNew contract, June 2022: AED 25,000 a yearNew contract, June 2023: AED 33,000 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 607 sits

All 159 studios →

607 last sold in November 2017 at AED 1,401 per sqft, 4% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,352). 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. 607's AED 33,000 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
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 6th floor

All 221 units in Montrell Serviced Apartments
Value
6011-bedAED 626K · Apr 2024
602StudioAED 370K · Nov 2019
603StudioAED 531K · Jun 2017
604StudioAED 532K · Jun 2017
6051-bedAED 874K · Jul 2018
6061-bedAED 1M · Jun 2017
608StudioAED 507K · Dec 2016
1–7 of 31

607, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 19 November 2017 for AED 537,211, or AED 1,401 per sqft.
  • Rented since November 2019 on 5 Ejari contracts. The rent fell from AED 28,000 to AED 22,500 in 2020 and recovered to AED 33,000 by June 2023.
  • At AED 33,000 a year the gross yield on the 2017 price is 6.1%.
  • 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 25 June 2023.

Questions about 607, Montrell Serviced Apartments

What did unit 607 last sell for?

AED 537,211 on 19 November 2017, sold by the developer: AED 1,401 per sqft for 383 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 33,000 a year on the contract signed on 25 June 2023. The previous contract, from June 2022, was AED 25,000; the unit has been rented since November 2019.

How big is unit 607?

383 sqft (35.6 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 607 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 607, Montrell Serviced Apartments

Starts from the last sale price (AED 537K, 19 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 537,211
Deposit, UAE resident (20%)
AED 107,442
Deposit, non-resident (40%)
AED 214,884
Monthly over 25 years at 3.7%
AED 2,198

Plus AED 27,572 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →