Studio · 367 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

625, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 625 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 415K27 May 2024
Current rentAED 42K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 625, Montrell Serviced Apartments

What is 625 worth today?

Last sold for AED 415,000 in 2024

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27 May 2024SoldReady
AED 415,000AED 1,129 per sqft
15 May 2024RentedNew contract
AED 42,000/yr12 months · AED 115 per sqft
3 Mar 2023RentedNew contract
AED 32,000/yr12 months · AED 87 per sqft
8 Sep 2021RentedNew contract
AED 21,000/yr12 months · AED 57 per sqft
20 May 2020RentedNew contract
AED 25,000/yr13 months · AED 68 per sqft
16 Jan 2020SoldReady
AED 270,000AED 734 per sqft
10 Oct 2018RentedNew contract
AED 31,000/yr12 months · AED 85 per sqft
5 Dec 2017Sold by developerOff-plan
AED 509,964AED 1,387 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2024.

Key facts

Type
Studio hotel apartment
Size
367 sqft
Floor
6th of 7
Parking
P2-56
Developer
Azizi Developments
Completed
2018
Last sold
AED 415K · May 2024

About 625, Montrell Serviced Apartments

625 is a studio of 367 sqft on the 6th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 27 May 2024 for AED 415,000, or AED 1,129 per sqft, 11% above the AED 1,017 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 May 2024, is AED 42,000 a year: a gross yield of 10.1% on the 2024 price.

Sales and rents for 625 over time

Sales
Unit 625, 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, December 2017: AED 509,964 (AED 1,387 per sqft)Sold, January 2020: AED 270,000 (AED 734 per sqft)Sold, May 2024: AED 415,000 (AED 1,129 per sqft)

625 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 625, 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 31,000 a yearNew contract, May 2020: AED 25,000 a yearNew contract, September 2021: AED 21,000 a yearNew contract, March 2023: AED 32,000 a yearNew contract, May 2024: AED 42,000 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 625 sits

All 159 studios →

625 last sold in May 2024 at AED 1,129 per sqft, 11% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,017). 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. 625's AED 42,000 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 →
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

625, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 5 December 2017 for AED 509,964, last on 27 May 2024 for AED 415,000 (AED 1,129 per sqft).
  • Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 31,000 to AED 21,000 in 2021 and recovered to AED 42,000 by May 2024.
  • At AED 42,000 a year the gross yield on the 2024 price is 10.1%.
  • 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 27 May 2024.

Questions about 625, Montrell Serviced Apartments

What did unit 625 last sell for?

AED 415,000 on 27 May 2024: AED 1,129 per sqft for 367 sqft. The unit has 3 registered sales; the first was AED 509,964 in December 2017.

What is the rent for unit 625?

AED 42,000 a year on the contract signed on 15 May 2024. The previous contract, from March 2023, was AED 32,000; the unit has been rented since October 2018.

How big is unit 625?

367 sqft (34.1 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 625 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 625, Montrell Serviced Apartments

Starts from the last sale price (AED 415K, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

Plus AED 20,340 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →