Studio · 405 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

120, Montrell Serviced Apartments

Sold prices and rental history: sold 4 times, last in March 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 120 · DLD and Ejari recordsUpdated 18 March 2026

Last soldAED 575K18 March 2026

Current rentAED 35K /yr11 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 120, Montrell Serviced Apartments

Today

What is 120 worth today?

Last sold for AED 575,000 in 2026

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18 Mar 2026

18 Mar 2026SoldReady

AED 575,000AED 1,419 per sqft

29 Oct 2025

29 Oct 2025SoldReady

AED 480,000AED 1,185 per sqft

11 Oct 2024

11 Oct 2024RentedNew contract

AED 35,020/yr12 months · AED 86 per sqft

20 Sep 2023

20 Sep 2023RentedNew contract

AED 34,000/yr12 months · AED 83 per sqft

8 Aug 2023

8 Aug 2023SoldReady

AED 350,000AED 864 per sqft

20 Sep 2022

20 Sep 2022RentedNew contract

AED 33,000/yr12 months · AED 81 per sqft

5 Sep 2020

5 Sep 2020RentedNew contract

AED 30,000/yr12 months · AED 73 per sqft

12 Nov 2019

12 Nov 2019Sold by developerReady

AED 491,620AED 1,213 per sqft

Source: Dubai Land Department. Updated 18 March 2026.

Key facts

Type: Studio hotel apartment
Size: 405 sqft
Floor: 1st of 7
Parking: G-28
Developer: Azizi Developments
Completed: 2018
Last sold: AED 575K · March 2026
Building: Montrell Serviced Apartments

About 120, Montrell Serviced Apartments

120 is a studio of 405 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 18 March 2026 for AED 575,000, or AED 1,419 per sqft, 16% above the AED 1,225 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 11 October 2024, is AED 35,020 a year: a gross yield of 6.1% on the 2026 price.

Sales and rents for 120 over time

Sales

Unit 120, each saleTypical studio in Montrell Serviced Apartments

120 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents

Unit 120, 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 120 sits

All 167 studios →

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

120 last sold in March 2026 at AED 1,419 per sqft, 16% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,225). 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. 120's AED 35,020 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
117	Studio	419 sqft	AED 433KAED 432,900 · Jan 2024January 2024	36,750 /yr
119	Studio	411 sqft	AED 299KAED 298,600 · Aug 2023August 2023	31,000 /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

120, Montrell Serviced Apartments in numbers

Sold 4 times: first on 12 November 2019 for AED 491,620, last on 18 March 2026 for AED 575,000 (AED 1,419 per sqft).
Rented since September 2020 on 4 Ejari contracts, from AED 30,000 to AED 35,020 a year.
At AED 35,020 a year the gross yield on the 2026 price is 6.1%.
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 18 March 2026.

Questions about 120, Montrell Serviced Apartments

What did unit 120 last sell for?

AED 575,000 on 18 March 2026: AED 1,419 per sqft for 405 sqft. The unit has 4 registered sales; the first was AED 491,620 in November 2019.

What is the rent for unit 120?

AED 35,020 a year on the contract signed on 11 October 2024. The previous contract, from September 2023, was AED 34,000; the unit has been rented since September 2020.

How big is unit 120?

405 sqft (37.6 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 120 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 120, Montrell Serviced Apartments

Starts from the last sale price (AED 575K, 18 March 2026). Switch to today's estimate once you have unlocked it.

Price: AED 575,000
Deposit, UAE resident (20%): AED 115,000
Deposit, non-resident (40%): AED 230,000
Monthly over 25 years at 3.7%: AED 2,353

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