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Studio · 387 sqftMontrell Serviced Apartments, Al Furjan · 7th floor · completed 2018

703, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 14 June 2017
Last soldAED 537K14 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Montrell Serviced Apartments

What is 703 worth today?

Last sold for AED 536,881 in 2017

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14 Jun 2017Sold by developerOff-plan
AED 536,881AED 1,387 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 June 2017.

Key facts

Type
Studio hotel apartment
Size
387 sqft
Floor
7th of 7
Parking
P2-65
Developer
Azizi Developments
Completed
2018
Last sold
AED 537K · June 2017
Building
Montrell Serviced Apartments

About 703, Montrell Serviced Apartments

703 is a studio of 387 sqft on the 7th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 14 June 2017 for AED 536,881, or AED 1,387 per sqft, in line with the AED 1,348 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, 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, June 2017: AED 536,881 (AED 1,387 per sqft)

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

Rents
Unit 703, 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 48,500

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 703 sits

All 159 studios →

703 last sold in June 2017 at AED 1,387 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,348). 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.

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 7th floor

All 221 units in Montrell Serviced Apartments
Value
7011-bedAED 626K · Apr 2024
702AED 485K · Oct 2025
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

703, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 14 June 2017 for AED 536,881, or AED 1,387 per sqft.
  • 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 14 June 2017.

Questions about 703, Montrell Serviced Apartments

What did unit 703 last sell for?

AED 536,881 on 14 June 2017, sold by the developer: AED 1,387 per sqft for 387 sqft. It is the only registered sale of the unit.

How big is unit 703?

387 sqft (36.0 sqm): a studio on the 7th floor of a 7-storey tower completed in 2018.

What is unit 703 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 703, Montrell Serviced Apartments

Starts from the last sale price (AED 537K, 14 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 536,881
Deposit, UAE resident (20%)
AED 107,376
Deposit, non-resident (40%)
AED 214,752
Monthly over 25 years at 3.7%
AED 2,197

Plus AED 27,559 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →