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Studio · 408 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

619, Montrell Serviced Apartments

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

Unit 619 · DLD and Ejari recordsUpdated 17 November 2023
Last soldAED 576K27 September 2017
Current rentAED 40K /yr17 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 619, Montrell Serviced Apartments

What is 619 worth today?

Last sold for AED 575,798 in 2017

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17 Nov 2023RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
11 Apr 2021RentedNew contract
AED 22,000/yr12 months · AED 54 per sqft
28 Aug 2020RentedNew contract
AED 22,000/yr12 months · AED 54 per sqft
1 Dec 2019RentedNew contract
AED 30,000/yr12 months · AED 74 per sqft
27 Sep 2017Sold by developerOff-plan
AED 575,798AED 1,412 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 November 2023.

Key facts

Type
Studio hotel apartment
Size
408 sqft
Floor
6th of 7
Parking
P2-50
Developer
Azizi Developments
Completed
2018
Last sold
AED 576K · September 2017
Building
Montrell Serviced Apartments

About 619, Montrell Serviced Apartments

619 is a studio of 408 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 27 September 2017 for AED 575,798, or AED 1,412 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 4 Ejari contracts. The current contract, signed on 17 November 2023, is AED 40,000 a year: a gross yield of 7.0% on the 2017 price.

Sales and rents for 619 over time

Sales
Unit 619, each saleTypical studio in Montrell Serviced Apartments
400K600K2016201920222025Typical 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, September 2017: AED 575,798 (AED 1,412 per sqft)

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

Rents
Unit 619, 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, December 2019: AED 30,000 a yearNew contract, August 2020: AED 22,000 a yearNew contract, April 2021: AED 22,000 a yearNew contract, November 2023: AED 40,000 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 619 sits

All 159 studios →

619 last sold in September 2017 at AED 1,412 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 500,000 to 520,000, around AED 1,189 per sqft, and rent for AED 24,108 to 66,000 a year. 619's AED 40,000 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 48K /yr
Typical yield
9.9%
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
607StudioAED 537K · Nov 2017
1–7 of 31

619, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 27 September 2017 for AED 575,798, or AED 1,412 per sqft.
  • Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 30,000 to AED 22,000 in 2021 and recovered to AED 40,000 by November 2023.
  • At AED 40,000 a year the gross yield on the 2017 price is 7.0%.
  • 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 17 November 2023.

Questions about 619, Montrell Serviced Apartments

What did unit 619 last sell for?

AED 575,798 on 27 September 2017, sold by the developer: AED 1,412 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 619?

AED 40,000 a year on the contract signed on 17 November 2023. The previous contract, from April 2021, was AED 22,000; the unit has been rented since December 2019.

How big is unit 619?

408 sqft (37.9 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 619 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.

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Mortgage on 619, Montrell Serviced Apartments

Starts from the last sale price (AED 576K, 27 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 575,798
Deposit, UAE resident (20%)
AED 115,160
Deposit, non-resident (40%)
AED 230,319
Monthly over 25 years at 3.7%
AED 2,356

Plus AED 29,194 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →