Home
Dubai prices
About
Research
Studio · 483 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

103, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 22 July 2025
Last soldAED 636K22 July 2025
Current rentAED 35K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 103

Property timeline for 103, Montrell Serviced Apartments

What is 103 worth today?

Last sold for AED 636,400 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Jul 2025SoldReady
AED 636,400AED 1,318 per sqft
15 May 2023RentedNew contract
AED 35,000/yr12 months · AED 73 per sqft
9 Jan 2021RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
1 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
1 Apr 2019RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
24 Feb 2019Sold by developerReady
AED 390,953AED 810 per sqft
1 Apr 2018RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 22 July 2025.

Key facts

Type
Studio hotel apartment
Size
483 sqft
Floor
1st of 7
Parking
G-03
Developer
Azizi Developments
Completed
2018
Last sold
AED 636K · July 2025
Building
Montrell Serviced Apartments

About 103, Montrell Serviced Apartments

103 is a studio of 483 sqft on the 1st floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 22 July 2025 for AED 636,400, or AED 1,318 per sqft, 12% above the AED 1,176 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 May 2023, is AED 35,000 a year: a gross yield of 5.5% on the 2025 price.

Sales and rents for 103 over time

Sales
Unit 103, 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 466,893; 2020 AED 383,016; 2022 AED 305,000; 2023 AED 365,000; 2024 AED 411,000; 2025 AED 485,000; 2026 AED 435,400Sold by developer, February 2019: AED 390,953 (AED 810 per sqft)Sold, July 2025: AED 636,400 (AED 1,318 per sqft)

103 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 103, each contractTypical studio in Montrell Serviced Apartments
20K30K40K2018202120242027Typical rent by year: 2018 AED 32,000; 2019 AED 30,041; 2020 AED 24,000; 2021 AED 23,800; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 40,000; 2025 AED 43,000; 2026 AED 42,000New contract, April 2018: AED 45,000 a yearNew contract, April 2019: AED 45,000 a yearNew contract, July 2020: AED 45,000 a yearNew contract, January 2021: AED 24,000 a yearNew contract, May 2023: AED 35,000 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 103 sits

All 167 studios →

103 last sold in July 2025 at AED 1,318 per sqft, 12% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,176). Over the last 12 months studios sold for AED 400,000 to 575,000, around AED 1,165 per sqft, and rent for AED 24,108 to 66,000 a year. 103's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Sep 2026468,500
6 Sep 2026400,000
31 Mar 2026400,000
31 Mar 2026400,000
11 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. 14 sold in the last 12 months.

Typical price per sqft
AED 1,111 Down 5.9%
Typical sale
AED 490K
Typical rent
AED 44K /yr
Typical yield
9.3%
Montrell Serviced Apartments, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 221 units in Montrell Serviced Apartments
Value
1011-bedAED 1.44M · Jul 2024
102StudioAED 410K · May 2024
104StudioAED 672K · Nov 2017
1051-bedAED 700K · Aug 2025
1061-bedAED 610K · Jan 2024
107StudioAED 518K · Apr 2017
108StudioAED 539K · Jun 2017
1–7 of 29

103, Montrell Serviced Apartments in numbers

  • Sold twice: first on 24 February 2019 for AED 390,953, last on 22 July 2025 for AED 636,400 (AED 1,318 per sqft).
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 24,000 in 2021 and recovered to AED 35,000 by May 2023.
  • At AED 35,000 a year the gross yield on the 2025 price is 5.5%.
  • Studios in Montrell Serviced Apartments sold for AED 400,000–575,000 in the 12 months to November 2026; the building's median across all types is AED 1,111 per sqft.

Source: Dubai Land Department. Updated 22 July 2025.

Questions about 103, Montrell Serviced Apartments

What did unit 103 last sell for?

AED 636,400 on 22 July 2025: AED 1,318 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 390,953 in February 2019.

What is the rent for unit 103?

AED 35,000 a year on the contract signed on 15 May 2023. The previous contract, from January 2021, was AED 24,000; the unit has been rented since April 2018.

How big is unit 103?

483 sqft (44.9 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 103 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 400,000 to 575,000 in the last 12 months, around AED 1,165 per sqft.

Selling 103? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 103, Montrell Serviced Apartments

Starts from the last sale price (AED 636K, 22 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 636,400
Deposit, UAE resident (20%)
AED 127,280
Deposit, non-resident (40%)
AED 254,560
Monthly over 25 years at 3.7%
AED 2,604

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →