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1-bed · 741 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

627, Montrell Serviced Apartments

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

Unit 627 · DLD and Ejari recordsUpdated 2 March 2024
Last soldAED 909K14 May 2017
Current rentAED 58K /yr2 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 627, Montrell Serviced Apartments

What is 627 worth today?

Last sold for AED 908,830 in 2017

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2 Mar 2024RentedNew contract
AED 58,000/yr12 months · AED 78 per sqft
10 Sep 2022RentedRenewal
AED 37,000/yr12 months · AED 51 per sqft
10 Sep 2021RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
17 Mar 2020RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
19 Jan 2019RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
14 May 2017Sold by developerOff-plan
AED 908,830AED 1,226 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 March 2024.

Key facts

Type
1-bed hotel apartment
Size
741 sqft
Floor
6th of 7
Parking
P2-37
Developer
Azizi Developments
Completed
2018
Last sold
AED 909K · May 2017
Building
Montrell Serviced Apartments

About 627, Montrell Serviced Apartments

627 is a one-bedroom hotel apartment of 741 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 14 May 2017 for AED 908,830, or AED 1,226 per sqft, in line with the AED 1,226 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 2 March 2024, is AED 58,000 a year: a gross yield of 6.4% on the 2017 price.

Sales and rents for 627 over time

Sales
Unit 627, each saleTypical one-bed in Montrell Serviced Apartments
600K800K1M2017202020232026Typical sale price by year: 2017 AED 908,830; 2018 AED 964,979; 2019 AED 688,091; 2020 AED 628,106; 2022 AED 700,000; 2023 AED 600,115; 2024 AED 626,422; 2025 AED 732,500Sold by developer, May 2017: AED 908,830 (AED 1,226 per sqft)

627 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 627, each contractTypical one-bed in Montrell Serviced Apartments
40K60K20182020202220242026Typical rent by year: 2018 AED 61,000; 2019 AED 58,500; 2020 AED 45,000; 2021 AED 37,000; 2022 AED 42,550; 2023 AED 52,000; 2024 AED 60,000; 2025 AED 61,750New contract, January 2019: AED 52,000 a yearNew contract, March 2020: AED 45,000 a yearNew contract, September 2021: AED 35,000 a yearRenewal, September 2022: AED 37,000 a yearNew contract, March 2024: AED 58,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Montrell Serviced Apartments, and where 627 sits

All 52 1-beds →

627 last sold in May 2017 at AED 1,226 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 1,226). Over the last 12 months one-beds sold for AED 680,000, around AED 995 per sqft, and rent for AED 55,000 to 71,660 a year. 627's AED 58,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 2026680,000
22 Jul 2025740,000
10 Jul 2025800,000
19 Jun 2025700,000
1 1-bed sale 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

627, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 14 May 2017 for AED 908,830, or AED 1,226 per sqft.
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 52,000 to AED 35,000 in 2021 and recovered to AED 58,000 by March 2024.
  • At AED 58,000 a year the gross yield on the 2017 price is 6.4%.
  • One-beds in Montrell Serviced Apartments sold for AED 680,000–680,000 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 2 March 2024.

Questions about 627, Montrell Serviced Apartments

What did unit 627 last sell for?

AED 908,830 on 14 May 2017, sold by the developer: AED 1,226 per sqft for 741 sqft. It is the only registered sale of the unit.

What is the rent for unit 627?

AED 58,000 a year on the contract signed on 2 March 2024. The previous contract, from September 2022, was AED 37,000; the unit has been rented since January 2019.

How big is unit 627?

741 sqft (68.8 sqm): a one-bedroom hotel apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 627 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Montrell Serviced Apartments sold for AED 680,000 to 680,000 in the last 12 months, around AED 995 per sqft.

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Mortgage on 627, Montrell Serviced Apartments

Starts from the last sale price (AED 909K, 14 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 908,830
Deposit, UAE resident (20%)
AED 181,766
Deposit, non-resident (40%)
AED 363,532
Monthly over 25 years at 3.7%
AED 3,718

Plus AED 43,181 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →