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Studio · 383 sqftMontrell Serviced Apartments, Al Furjan · 7th floor · completed 2018

707, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 14 July 2024
Last soldAED 538K11 January 2018
Current rentAED 46K /yr14 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Montrell Serviced Apartments

What is 707 worth today?

Last sold for AED 537,547 in 2018

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14 Jul 2024RentedNew contract
AED 46,000/yr12 months · AED 120 per sqft
14 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
11 Jan 2018Sold by developerOff-plan
AED 537,547AED 1,402 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 July 2024.

Key facts

Type
Studio hotel apartment
Size
383 sqft
Floor
7th of 7
Parking
P2-69
Developer
Azizi Developments
Completed
2018
Last sold
AED 538K · January 2018
Building
Montrell Serviced Apartments

About 707, Montrell Serviced Apartments

707 is a studio of 383 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 11 January 2018 for AED 537,547, or AED 1,402 per sqft, 3% above the AED 1,358 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 14 July 2024, is AED 46,000 a year: a gross yield of 8.6% on the 2018 price.

Sales and rents for 707 over time

Sales
Unit 707, 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, January 2018: AED 537,547 (AED 1,402 per sqft)

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

Rents
Unit 707, 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, September 2020: AED 22,000 a yearNew contract, July 2024: AED 46,000 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 707 sits

All 159 studios →

707 last sold in January 2018 at AED 1,402 per sqft, 3% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,358). 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. 707's AED 46,000 is in the upper 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
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
703StudioAED 537K · Jun 2017
704StudioAED 538K · Jun 2017
7051-bedAED 680K · Feb 2026
7061-bedAED 605K · Jun 2020
708StudioAED 510K · Mar 2018
1–7 of 31

707, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 11 January 2018 for AED 537,547, or AED 1,402 per sqft.
  • Rented since September 2020 on 2 Ejari contracts, from AED 22,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2018 price is 8.6%.
  • 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 July 2024.

Questions about 707, Montrell Serviced Apartments

What did unit 707 last sell for?

AED 537,547 on 11 January 2018, sold by the developer: AED 1,402 per sqft for 383 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 46,000 a year on the contract signed on 14 July 2024. The previous contract, from September 2020, was AED 22,000.

How big is unit 707?

383 sqft (35.6 sqm): a studio on the 7th floor of a 7-storey tower completed in 2018.

What is unit 707 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 707, Montrell Serviced Apartments

Starts from the last sale price (AED 538K, 11 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 537,547
Deposit, UAE resident (20%)
AED 107,509
Deposit, non-resident (40%)
AED 215,019
Monthly over 25 years at 3.7%
AED 2,199

Plus AED 27,587 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →