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Studio · 458 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

114, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 605K17 May 2017
Current rentAED 40K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 114, Montrell Serviced Apartments

What is 114 worth today?

Last sold for AED 605,142 in 2017

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25 Sep 2026RentedRenewal
AED 40,000/yr12 months · AED 87 per sqft
25 Sep 2025RentedRenewal
AED 40,000/yr12 months · AED 87 per sqft
25 Sep 2024RentedNew contract
AED 40,000/yr12 months · AED 87 per sqft
1 Nov 2023RentedNew contract
AED 40,000/yr12 months · AED 87 per sqft
1 Apr 2023RentedRenewal
AED 30,800/yr6 months · AED 67 per sqft
1 Apr 2022RentedNew contract
AED 28,000/yr12 months · AED 61 per sqft
10 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
1 Jan 2021RentedNew contract
AED 23,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio hotel apartment
Size
458 sqft
Floor
1st of 7
Parking
G-24
Developer
Azizi Developments
Completed
2018
Last sold
AED 605K · May 2017
Building
Montrell Serviced Apartments

About 114, Montrell Serviced Apartments

114 is a studio of 458 sqft on the 1st floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 17 May 2017 for AED 605,142, or AED 1,321 per sqft, in line with the AED 1,344 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 40,000 a year: a gross yield of 6.6% on the 2017 price.

Sales and rents for 114 over time

Sales
Unit 114, 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, May 2017: AED 605,142 (AED 1,321 per sqft)

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

Rents
Unit 114, 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, January 2021: AED 23,000 a yearNew contract, March 2022: AED 30,000 a yearNew contract, April 2022: AED 28,000 a yearRenewal, April 2023: AED 30,800 a yearNew contract, November 2023: AED 40,000 a yearNew contract, September 2024: AED 40,000 a yearRenewal, September 2025: AED 40,000 a yearRenewal, September 2026: AED 40,000 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 114 sits

All 167 studios →

114 last sold in May 2017 at AED 1,321 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,344). 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. 114's AED 40,000 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
103StudioAED 636K · Jul 2025
104StudioAED 672K · Nov 2017
1051-bedAED 700K · Aug 2025
1061-bedAED 610K · Jan 2024
107StudioAED 518K · Apr 2017
1–7 of 29

114, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 17 May 2017 for AED 605,142, or AED 1,321 per sqft.
  • Rented since January 2021 on 8 Ejari contracts, from AED 23,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 6.6%.
  • 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 25 September 2026.

Questions about 114, Montrell Serviced Apartments

What did unit 114 last sell for?

AED 605,142 on 17 May 2017, sold by the developer: AED 1,321 per sqft for 458 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 40,000 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since January 2021.

How big is unit 114?

458 sqft (42.5 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 114 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.

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Mortgage on 114, Montrell Serviced Apartments

Starts from the last sale price (AED 605K, 17 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 605,142
Deposit, UAE resident (20%)
AED 121,028
Deposit, non-resident (40%)
AED 242,057
Monthly over 25 years at 3.7%
AED 2,476

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