Studio · 358 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

609, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in November 2016, and rented once, from October 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 12 October 2018
Last soldAED 500K21 November 2016
Current rentAED 32K /yr12 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Montrell Serviced Apartments

What is 609 worth today?

Last sold for AED 500,000 in 2016

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12 Oct 2018RentedNew contract
AED 32,000/yr12 months · AED 90 per sqft
21 Nov 2016Sold by developerOff-plan
AED 500,000AED 1,398 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 October 2018.

Key facts

Type
Studio hotel apartment
Size
358 sqft
Floor
6th of 7
Parking
P2-40
Developer
Azizi Developments
Completed
2018
Last sold
AED 500K · November 2016

About 609, Montrell Serviced Apartments

609 is a studio of 358 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 21 November 2016 for AED 500,000, or AED 1,398 per sqft.

One Ejari contract is registered, from 12 October 2018. The current contract, signed on 12 October 2018, is AED 32,000 a year: a gross yield of 6.4% on the 2016 price.

Sales and rents for 609 over time

Sales
Unit 609, 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 2016: AED 500,000 (AED 1,398 per sqft)

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

Rents
Unit 609, 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, October 2018: AED 32,000 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 609 sits

All 159 studios →

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. 609's AED 32,000 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 →
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
607StudioAED 537K · Nov 2017
1–7 of 31

609, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 21 November 2016 for AED 500,000, or AED 1,398 per sqft.
  • Rented since October 2018 on one Ejari contract, at AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2016 price is 6.4%.
  • 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 12 October 2018.

Questions about 609, Montrell Serviced Apartments

What did unit 609 last sell for?

AED 500,000 on 21 November 2016, sold by the developer: AED 1,398 per sqft for 358 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 32,000 a year on the contract signed on 12 October 2018.

How big is unit 609?

358 sqft (33.3 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 609 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 609, Montrell Serviced Apartments

Starts from the last sale price (AED 500K, 21 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →