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Studio · 488 sqftMontrell Serviced Apartments, Al Furjan · 7th floor · completed 2018

714, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 375K14 September 2023
Current rentAED 45K /yr2 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Montrell Serviced Apartments

What is 714 worth today?

Last sold for AED 375,000 in 2023

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14 Sep 2023SoldReady
AED 375,000AED 767 per sqft
2 Jun 2023RentedNew contract
AED 45,000/yr12 months · AED 92 per sqft
1 Dec 2020RentedNew contract
AED 27,000/yr12 months · AED 56 per sqft
22 Mar 2020SoldReady
AED 280,000AED 573 per sqft
21 Jul 2019Sold by developerReady
AED 551,490AED 1,129 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 September 2023.

Key facts

Type
Studio hotel apartment
Size
488 sqft
Floor
7th of 7
Parking
P2-76
Developer
Azizi Developments
Completed
2018
Last sold
AED 375K · September 2023
Building
Montrell Serviced Apartments

About 714, Montrell Serviced Apartments

714 is a studio of 488 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 14 September 2023 for AED 375,000, or AED 767 per sqft, 11% below the AED 858 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 2 June 2023, is AED 45,000 a year: a gross yield of 12.0% on the 2023 price.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical studio in Montrell Serviced Apartments
400K600K2016201920222025Typical 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, July 2019: AED 551,490 (AED 1,129 per sqft)Sold, March 2020: AED 280,000 (AED 573 per sqft)Sold, September 2023: AED 375,000 (AED 767 per sqft)

714 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 714, 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, December 2020: AED 27,000 a yearNew contract, June 2023: AED 45,000 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 714 sits

All 159 studios →

714 last sold in September 2023 at AED 767 per sqft, 11% below what studios in Montrell Serviced Apartments were fetching at the time (AED 858). 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. 714's AED 45,000 is in the lower 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
707StudioAED 538K · Jan 2018
1–7 of 31

714, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 21 July 2019 for AED 551,490, last on 14 September 2023 for AED 375,000 (AED 767 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, from AED 27,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 12.0%.
  • 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 September 2023.

Questions about 714, Montrell Serviced Apartments

What did unit 714 last sell for?

AED 375,000 on 14 September 2023: AED 767 per sqft for 488 sqft. The unit has 3 registered sales; the first was AED 551,490 in July 2019.

What is the rent for unit 714?

AED 45,000 a year on the contract signed on 2 June 2023. The previous contract, from December 2020, was AED 27,000.

How big is unit 714?

488 sqft (45.3 sqm): a studio on the 7th floor of a 7-storey tower completed in 2018.

What is unit 714 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 714, Montrell Serviced Apartments

Starts from the last sale price (AED 375K, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 375,000
Deposit, UAE resident (20%)
AED 75,000
Deposit, non-resident (40%)
AED 150,000
Monthly over 25 years at 3.7%
AED 1,534

Plus AED 18,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →