1-bed · 812 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

106, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in January 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 610K9 January 2024
Current rentAED 60K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Montrell Serviced Apartments

What is 106 worth today?

Last sold for AED 610,000 in 2024

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1 May 2024RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
9 Jan 2024SoldReady
AED 610,000AED 751 per sqft
5 Sep 2023RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
12 Jun 2017Sold by developerOff-plan
AED 1,073,867AED 1,322 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed hotel apartment
Size
812 sqft
Floor
1st of 7
Parking
G-06
Developer
Azizi Developments
Completed
2018
Last sold
AED 610K · January 2024

About 106, Montrell Serviced Apartments

106 is a one-bedroom hotel apartment of 812 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 9 January 2024 for AED 610,000, or AED 751 per sqft, 6% below the AED 798 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 60,000 a year: a gross yield of 9.8% on the 2024 price.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Montrell Serviced Apartments
750K1M2017202020232026Typical sale price by year: 2017 AED 908,830; 2018 AED 964,979; 2019 AED 688,091; 2020 AED 628,106; 2022 AED 700,000; 2023 AED 618,350; 2024 AED 624,038; 2025 AED 732,500; 2026 AED 680,000Sold by developer, June 2017: AED 1,073,867 (AED 1,322 per sqft)Sold, January 2024: AED 610,000 (AED 751 per sqft)

106 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 106, each contractTypical one-bed in Montrell Serviced Apartments
40K60K2018202120242027Typical rent by year: 2018 AED 61,000; 2019 AED 56,000; 2020 AED 45,000; 2021 AED 37,000; 2022 AED 42,000; 2023 AED 52,000; 2024 AED 60,000; 2025 AED 60,750; 2026 AED 62,000New contract, September 2023: AED 55,000 a yearNew contract, May 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Montrell Serviced Apartments, and where 106 sits

All 54 1-beds →

106 last sold in January 2024 at AED 751 per sqft, 6% below what one-beds in Montrell Serviced Apartments were fetching at the time (AED 798). Over the last 12 months one-beds sold for AED 670,000 to 840,000, around AED 995 per sqft, and rent for AED 42,000 to 75,000 a year. 106's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 2026670,000
21 Apr 2026840,000
5 Feb 2026680,000
29 Aug 2025800,000
3 1-bed 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 →
Value
1011-bedAED 1.44M · Jul 2024
102StudioAED 410K · May 2024
103StudioAED 636K · Jul 2025
104StudioAED 672K · Nov 2017
1051-bedAED 700K · Aug 2025
107StudioAED 518K · Apr 2017
108StudioAED 539K · Jun 2017
1–7 of 29

106, Montrell Serviced Apartments in numbers

  • Sold twice: first on 12 June 2017 for AED 1,073,867, last on 9 January 2024 for AED 610,000 (AED 751 per sqft).
  • Rented since September 2023 on 2 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.8%.
  • One-beds in Montrell Serviced Apartments sold for AED 670,000–840,000 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 1 May 2024.

Questions about 106, Montrell Serviced Apartments

What did unit 106 last sell for?

AED 610,000 on 9 January 2024: AED 751 per sqft for 812 sqft. The unit has 2 registered sales; the first was AED 1,073,867 in June 2017.

What is the rent for unit 106?

AED 60,000 a year on the contract signed on 1 May 2024. The previous contract, from September 2023, was AED 55,000.

How big is unit 106?

812 sqft (75.4 sqm): a one-bedroom hotel apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Montrell Serviced Apartments sold for AED 670,000 to 840,000 in the last 12 months, around AED 995 per sqft.

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Mortgage on 106, Montrell Serviced Apartments

Starts from the last sale price (AED 610K, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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