701, Montrell Serviced Apartments
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Montrell Serviced Apartments
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 849 sqft
- Floor
- 7th of 7
- Parking
- P2-63
- Developer
- Azizi Developments
- Completed
- 2018
- Last sold
- AED 626K · April 2024
- Building
- Montrell Serviced Apartments
About 701, Montrell Serviced Apartments
701 is a one-bedroom hotel apartment of 849 sqft on the 7th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 15 April 2024 for AED 626,422, or AED 737 per sqft, in line with the AED 758 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 September 2024, is AED 57,750 a year: a gross yield of 9.2% on the 2024 price.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the one-bed median of each year in the building.
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 701 sits
All 52 1-beds →701 last sold in April 2024 at AED 737 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 758). 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. 701's AED 57,750 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 683 sqft | 680,000 | 995 | ||
| 22 Jul 202522 July 2025 | 767 sqft | 740,000 | 964 | ||
| 10 Jul 202510 July 2025 | 767 sqft | 800,000 | 1,042 | ||
| 19 Jun 202519 June 2025 | 767 sqft | 700,000 | 912 |
Montrell Serviced Apartments
Building221 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%
Other units on the 7th floor
All 221 units in Montrell Serviced Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 394 sqft | AED 485KAED 485,000 · Oct 2025October 2025 | 36,000 /yr | ||
| 703 | Studio | 387 sqft | AED 537KAED 536,881 · Jun 2017June 2017 | ||
| 704 | Studio | 390 sqft | AED 538KAED 538,073 · Jun 2017June 2017 | ||
| 705 | 1-bed | 683 sqft | AED 680KAED 680,000 · Feb 2026February 2026 | 60,000 /yr | |
| 706 | 1-bed | 741 sqft | AED 605KAED 605,440 · Jun 2020June 2020 | ||
| 707 | Studio | 383 sqft | AED 538KAED 537,547 · Jan 2018January 2018 | 46,000 /yr | |
| 708 | Studio | 367 sqft | AED 510KAED 510,231 · Mar 2018March 2018 | 38,000 /yr | |
| 709 | Studio | 358 sqft | AED 501KAED 500,884 · Feb 2017February 2017 | 35,000 /yr | |
| 710 | Studio | 363 sqft | AED 310KAED 310,480 · Mar 2022March 2022 | 40,000 /yr | |
| 711 | Studio | 429 sqft | AED 470KAED 470,000 · Apr 2025April 2025 | 43,000 /yr | |
| 712 | Studio | 457 sqft | AED 400KAED 400,000 · Feb 2024February 2024 | 29,706 /yr | |
| 713 | Studio | 458 sqft | AED 545KAED 545,000 · Nov 2018November 2018 | 31,278 /yr | |
| 714 | Studio | 488 sqft | AED 375KAED 375,000 · Sep 2023September 2023 | 45,000 /yr | |
| 715 | 1-bed | 767 sqft | AED 834KAED 833,520 · Jan 2019January 2019 | 42,000 /yr | |
| 716 | Studio | 387 sqft | AED 535KAED 535,393 · May 2017May 2017 | 42,000 /yr | |
| 717 | Studio | 392 sqft | AED 584KAED 584,000 · Mar 2018March 2018 | 42,000 /yr | |
| 718 | 1-bed | 767 sqft | AED 803KAED 803,160 · Jan 2019January 2019 | 43,000 /yr | |
| 719 | Studio | 408 sqft | AED 575KAED 575,000 · Jan 2018January 2018 | 43,000 /yr | |
| 720 | Studio | 409 sqft | AED 396KAED 396,000 · Jun 2019June 2019 | 25,000 /yr | |
| 721 | Studio | 408 sqft | AED 426KAED 425,697 · Sep 2018September 2018 | 40,000 /yr | |
| 722 | Studio | 114 sqft | AED 150KAED 150,000 · Jan 2025January 2025 | 38,000 /yr | |
| 723 | Studio | 333 sqft | AED 380KAED 380,120 · May 2019May 2019 | 41,000 /yr | |
| 724 | Studio | 365 sqft | AED 310KAED 310,000 · May 2023May 2023 | 49,800 /yr | |
| 725 | Studio | 367 sqft | AED 510KAED 510,231 · Apr 2018April 2018 | ||
| 726 | Studio | 383 sqft | AED 534KAED 534,349 · Jan 2017January 2017 | 46,000 /yr | |
| 727 | 1-bed | 741 sqft | AED 700KAED 700,000 · Nov 2023November 2023 | 63,000 /yr | |
| 728 | 1-bed | 683 sqft | AED 600KAED 600,256 · Apr 2024April 2024 | 53,000 /yr | |
| 729 | Studio | 390 sqft | AED 250KAED 250,000 · Jul 2022July 2022 | 49,000 /yr | |
| 730 | Studio | 387 sqft | AED 490KAED 490,000 · May 2025May 2025 | 22,000 /yr | |
| 731 | Studio | 394 sqft | AED 555KAED 555,434 · May 2017May 2017 | ||
| 732 | 1-bed | 849 sqft | AED 889KAED 888,720 · Jan 2019January 2019 | 38,000 /yr |
701, Montrell Serviced Apartments in numbers
- Sold twice: first on 24 February 2019 for AED 688,091, last on 15 April 2024 for AED 626,422 (AED 737 per sqft).
- Rented since July 2018 on 4 Ejari contracts, from AED 68,000 to AED 57,750 a year.
- At AED 57,750 a year the gross yield on the 2024 price is 9.2%.
- 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 1,189 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Questions about 701, Montrell Serviced Apartments
What did unit 701 last sell for?
AED 626,422 on 15 April 2024: AED 737 per sqft for 849 sqft. The unit has 2 registered sales; the first was AED 688,091 in February 2019.
What is the rent for unit 701?
AED 57,750 a year on the contract signed on 1 September 2024. The previous contract, from May 2023, was AED 53,000; the unit has been rented since July 2018.
How big is unit 701?
849 sqft (78.9 sqm): a one-bedroom hotel apartment on the 7th floor of a 7-storey tower completed in 2018.
What is unit 701 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 701, Montrell Serviced Apartments
Starts from the last sale price (AED 626K, 15 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 626,422
- Deposit, UAE resident (20%)
- AED 125,284
- Deposit, non-resident (40%)
- AED 250,569
- Monthly over 25 years at 3.7%
- AED 2,563
Plus AED 31,320 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →