394 sqftMontrell Serviced Apartments, Al Furjan · 7th floor · completed 2018

702, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 13 October 2025
Last soldAED 485K13 October 2025
Current rentAED 36K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Montrell Serviced Apartments

What is 702 worth today?

Last sold for AED 485,000 in 2025

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13 Oct 2025SoldReady
AED 485,000AED 1,231 per sqft
10 Jul 2024RentedRenewal
AED 36,000/yr12 months · AED 90 per sqft
10 Jul 2023RentedNew contract
AED 30,450/yr12 months · AED 76 per sqft
10 Jul 2022RentedNew contract
AED 29,000/yr12 months · AED 73 per sqft
6 Jul 2022SoldReady
AED 300,000AED 761 per sqft
1 Jul 2021RentedNew contract
AED 23,000/yr12 months · AED 58 per sqft
1 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
16 Oct 2017Sold by developerOff-plan
AED 542,538AED 1,377 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 October 2025.

Key facts

Type
Hotel apartment
Size
394 sqft
Floor
7th of 7
Parking
P2-64
Developer
Azizi Developments
Completed
2018
Last sold
AED 485K · October 2025

About 702, Montrell Serviced Apartments

702 is a hotel apartment of 394 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 13 October 2025 for AED 485,000, or AED 1,231 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 July 2024, is AED 36,000 a year: a gross yield of 7.4% on the 2025 price.

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 →
Value
7011-bedAED 626K · Apr 2024
703StudioAED 537K · Jun 2017
704StudioAED 538K · Jun 2017
7051-bedAED 680K · Feb 2026
7061-bedAED 605K · Jun 2020
707StudioAED 538K · Jan 2018
708StudioAED 510K · Mar 2018
1–7 of 31

702, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 16 October 2017 for AED 542,538, last on 13 October 2025 for AED 485,000 (AED 1,231 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 23,000 in 2021 and recovered to AED 36,000 by July 2024.
  • At AED 36,000 a year the gross yield on the 2025 price is 7.4%.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 October 2025.

Questions about 702, Montrell Serviced Apartments

What did unit 702 last sell for?

AED 485,000 on 13 October 2025: AED 1,231 per sqft for 394 sqft. The unit has 3 registered sales; the first was AED 542,538 in October 2017.

What is the rent for unit 702?

AED 36,000 a year on the contract renewed on 10 July 2024. The previous contract, from July 2023, was AED 30,450; the unit has been rented since October 2019.

How big is unit 702?

394 sqft (36.6 sqm): a hotel apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 702, Montrell Serviced Apartments

Starts from the last sale price (AED 485K, 13 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

Plus AED 23,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →