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Studio · 381 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

122, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in April 2017, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 498K17 April 2017
Current rentAED 44K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 122, Montrell Serviced Apartments

What is 122 worth today?

Last sold for AED 498,000 in 2017

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1 Jan 2026RentedNew contract
AED 44,000/yr12 months · AED 116 per sqft
1 Jan 2025RentedNew contract
AED 43,000/yr12 months · AED 114 per sqft
17 Apr 2017Sold by developerOff-plan
AED 498,000AED 1,307 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio hotel apartment
Size
381 sqft
Floor
1st of 7
Parking
G-43
Developer
Azizi Developments
Completed
2018
Last sold
AED 498K · April 2017
Building
Montrell Serviced Apartments

About 122, Montrell Serviced Apartments

122 is a studio of 381 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 April 2017 for AED 498,000, or AED 1,307 per sqft, 3% below the AED 1,352 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 January 2026, is AED 44,000 a year: a gross yield of 8.8% on the 2017 price.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical studio in Montrell Serviced Apartments
400K2016201920222025Typical 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, April 2017: AED 498,000 (AED 1,307 per sqft)

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

Rents
Unit 122, each contractTypical studio in Montrell Serviced Apartments
30K40K2018202120242027Typical 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 2025: AED 43,000 a yearNew contract, January 2026: AED 44,000 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 122 sits

All 167 studios →

122 last sold in April 2017 at AED 1,307 per sqft, 3% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,352). 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. 122's AED 44,000 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

122, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 17 April 2017 for AED 498,000, or AED 1,307 per sqft.
  • Rented since January 2025 on 2 Ejari contracts, from AED 43,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2017 price is 8.8%.
  • 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 January 2026.

Questions about 122, Montrell Serviced Apartments

What did unit 122 last sell for?

AED 498,000 on 17 April 2017, sold by the developer: AED 1,307 per sqft for 381 sqft. It is the only registered sale of the unit.

What is the rent for unit 122?

AED 44,000 a year on the contract signed on 1 January 2026. The previous contract, from January 2025, was AED 43,000.

How big is unit 122?

381 sqft (35.4 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 122 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 122, Montrell Serviced Apartments

Starts from the last sale price (AED 498K, 17 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 498,000
Deposit, UAE resident (20%)
AED 99,600
Deposit, non-resident (40%)
AED 199,200
Monthly over 25 years at 3.7%
AED 2,037

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