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Studio · 380 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

622, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in May 2020, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 622 · DLD and Ejari recordsUpdated 20 May 2020
Last soldAED 492K12 May 2020
Current rentAED 22K /yr20 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 622, Montrell Serviced Apartments

What is 622 worth today?

Last sold for AED 492,150 in 2020

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20 May 2020RentedNew contract
AED 22,000/yr12 months · AED 58 per sqft
12 May 2020Sold by developerReady
AED 492,150AED 1,294 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2020.

Key facts

Type
Studio hotel apartment
Size
380 sqft
Floor
6th of 7
Parking
P2-53
Developer
Azizi Developments
Completed
2018
Last sold
AED 492K · May 2020
Building
Montrell Serviced Apartments

About 622, Montrell Serviced Apartments

622 is a studio of 380 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 12 May 2020 for AED 492,150, or AED 1,294 per sqft, 23% above the AED 1,052 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 May 2020. The current contract, signed on 20 May 2020, is AED 22,000 a year: a gross yield of 4.5% on the 2020 price.

Sales and rents for 622 over time

Sales
Unit 622, 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, May 2020: AED 492,150 (AED 1,294 per sqft)

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

Rents
Unit 622, 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, May 2020: AED 22,000 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 622 sits

All 159 studios →

622 last sold in May 2020 at AED 1,294 per sqft, 23% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,052). 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. 622's AED 22,000 is at the bottom 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
607StudioAED 537K · Nov 2017
1–7 of 31

622, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 12 May 2020 for AED 492,150, or AED 1,294 per sqft.
  • Rented since May 2020 on one Ejari contract, at AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2020 price is 4.5%.
  • 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 20 May 2020.

Questions about 622, Montrell Serviced Apartments

What did unit 622 last sell for?

AED 492,150 on 12 May 2020, sold by the developer: AED 1,294 per sqft for 380 sqft. It is the only registered sale of the unit.

What is the rent for unit 622?

AED 22,000 a year on the contract signed on 20 May 2020.

How big is unit 622?

380 sqft (35.3 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 622 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 622, Montrell Serviced Apartments

Starts from the last sale price (AED 492K, 12 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 492,150
Deposit, UAE resident (20%)
AED 98,430
Deposit, non-resident (40%)
AED 196,860
Monthly over 25 years at 3.7%
AED 2,014

Plus AED 23,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →