Studio · 419 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

117, Montrell Serviced Apartments

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

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Unit 117 · DLD and Ejari recordsUpdated 1 June 2026

Last soldAED 433K10 January 2024

Current rentAED 37K /yr1 June 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 117, Montrell Serviced Apartments

Today

What is 117 worth today?

Last sold for AED 432,900 in 2024

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1 Jun 2026

1 Jun 2026RentedRenewal

AED 36,750/yr12 months · AED 90 per sqft

1 Jun 2025

1 Jun 2025RentedNew contract

AED 36,750/yr12 months · AED 88 per sqft

1 Jun 2024

1 Jun 2024RentedNew contract

AED 36,750/yr12 months · AED 88 per sqft

1 Jun 2024

1 Jun 2024RentedNew contract

AED 36,750/yr12 months · AED 88 per sqft

10 Jan 2024

10 Jan 2024SoldReady

AED 432,900AED 1,033 per sqft

1 Jun 2023

1 Jun 2023RentedNew contract

AED 35,000/yr12 months · AED 83 per sqft

27 Apr 2023

27 Apr 2023Sold by developerReady

AED 432,900AED 1,033 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type: Studio hotel apartment
Size: 419 sqft
Floor: 1st of 7
Parking: G-26
Developer: Azizi Developments
Completed: 2018
Last sold: AED 433K · January 2024
Building: Montrell Serviced Apartments

About 117, Montrell Serviced Apartments

117 is a studio of 419 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 10 January 2024 for AED 432,900, or AED 1,033 per sqft, 4% above the AED 995 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 36,750 a year: a gross yield of 8.5% on the 2024 price.

Sales and rents for 117 over time

Sales

Unit 117, each saleTypical studio in Montrell Serviced Apartments

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

Rents

Unit 117, each contractTypical studio in Montrell Serviced Apartments

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 117 sits

All 167 studios →

Studios in Montrell Serviced Apartments · last 12 months1,165 /sqft Montrell Serviced Apartments · all types1,111 /sqft

117 last sold in January 2024 at AED 1,033 per sqft, 4% above what studios in Montrell Serviced Apartments were fetching at the time (AED 995). 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. 117's AED 36,750 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
28 Sep 202628 September 2026	367 sqft	468,500	1,274
6 Sep 20266 September 2026	390 sqft	400,000	1,026
31 Mar 202631 March 2026	409 sqft	400,000	977
31 Mar 202631 March 2026	408 sqft	400,000	980

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


101	1-bed	831 sqft	AED 1.44MAED 1,440,000 · Jul 2024July 2024	61,000 /yr
102	Studio	501 sqft	AED 410KAED 410,000 · May 2024May 2024	42,000 /yr
103	Studio	483 sqft	AED 636KAED 636,400 · Jul 2025July 2025	35,000 /yr
104	Studio	505 sqft	AED 672KAED 672,359 · Nov 2017November 2017	36,000 /yr
105	1-bed	739 sqft	AED 700KAED 700,000 · Aug 2025August 2025	53,000 /yr
106	1-bed	812 sqft	AED 610KAED 610,000 · Jan 2024January 2024	60,000 /yr
107	Studio	404 sqft	AED 518KAED 517,810 · Apr 2017April 2017	40,000 /yr
108	Studio	407 sqft	AED 539KAED 539,105 · Jun 2017June 2017	31,680 /yr
109	Studio	449 sqft	AED 370KAED 370,000 · Nov 2024November 2024
110	Studio	430 sqft	AED 369KAED 369,000 · Sep 2022September 2022	31,900 /yr
111	Studio	444 sqft	AED 576KAED 575,979 · Dec 2017December 2017	37,500 /yr
112	Studio	440 sqft	AED 570KAED 570,000 · Mar 2018March 2018	46,000 /yr
113	Studio	454 sqft	AED 576KAED 576,262 · Feb 2018February 2018	36,300 /yr
114	Studio	458 sqft	AED 605KAED 605,142 · May 2017May 2017	40,000 /yr
116	Studio	419 sqft	AED 467KAED 466,893 · Apr 2019April 2019	30,000 /yr
119	Studio	411 sqft	AED 299KAED 298,600 · Aug 2023August 2023	31,000 /yr
120	Studio	405 sqft	AED 575KAED 575,000 · Mar 2026March 2026	35,020 /yr
121	Studio	405 sqft	AED 540KAED 540,000 · Sep 2025September 2025	28,922 /yr
122	Studio	381 sqft	AED 498KAED 498,000 · Apr 2017April 2017	44,000 /yr
123	Studio	398 sqft	AED 485KAED 485,000 · Jun 2025June 2025	38,000 /yr
124	Studio	454 sqft	AED 469KAED 468,651 · Jan 2024January 2024	41,000 /yr
125	Studio	417 sqft	AED 553KAED 553,000 · May 2017May 2017
126	Studio	403 sqft	AED 519KAED 518,977 · Jul 2018July 2018	43,000 /yr
127	1-bed	812 sqft	AED 847KAED 847,000 · Oct 2020October 2020	57,000 /yr
128	1-bed	739 sqft	AED 628KAED 628,106 · Dec 2020December 2020	40,000 /yr
129	Studio	505 sqft	AED 515KAED 515,000 · Jul 2025July 2025	38,000 /yr
130	Studio	483 sqft	AED 450KAED 450,000 · Aug 2024August 2024	39,000 /yr
131	Studio	501 sqft	AED 669KAED 669,000 · Apr 2018April 2018	42,000 /yr
132	1-bed	831 sqft	AED 626KAED 626,422 · Apr 2024April 2024	61,000 /yr

1–7 of 29

117, Montrell Serviced Apartments in numbers

Sold twice: first on 27 April 2023 for AED 432,900, last on 10 January 2024 for AED 432,900 (AED 1,033 per sqft).
Rented since June 2023 on 5 Ejari contracts, from AED 35,000 to AED 36,750 a year.
At AED 36,750 a year the gross yield on the 2024 price is 8.5%.
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 1 June 2026.

Questions about 117, Montrell Serviced Apartments

What did unit 117 last sell for?

AED 432,900 on 10 January 2024: AED 1,033 per sqft for 419 sqft. The unit has 2 registered sales; the first was AED 432,900 in April 2023.

What is the rent for unit 117?

AED 36,750 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 36,750; the unit has been rented since June 2023.

How big is unit 117?

419 sqft (38.9 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 117 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 117, Montrell Serviced Apartments

Starts from the last sale price (AED 433K, 10 January 2024). Switch to today's estimate once you have unlocked it.

Price: AED 432,900
Deposit, UAE resident (20%): AED 86,580
Deposit, non-resident (40%): AED 173,160
Monthly over 25 years at 3.7%: AED 1,771

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