123, Montrell Serviced Apartments
Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 123, Montrell Serviced Apartments
What is 123 worth today?
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Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- Studio hotel apartment
- Size
- 398 sqft
- Floor
- 1st of 7
- Parking
- G-44
- Developer
- Azizi Developments
- Completed
- 2018
- Last sold
- AED 485K · June 2025
- Building
- Montrell Serviced Apartments
About 123, Montrell Serviced Apartments
123 is a studio of 398 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 25 June 2025 for AED 485,000, or AED 1,219 per sqft, in line with the AED 1,191 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 5 October 2026, is AED 38,000 a year: a gross yield of 7.8% on the 2025 price.
Sales and rents for 123 over time
123 has sold twice; the dashed line is the studio median of each year in the building.
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 123 sits
All 167 studios →123 last sold in June 2025 at AED 1,219 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,191). 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. 123's AED 38,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Montrell Serviced Apartments
Building221 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%
Other units on the 1st floor
All 221 units in Montrell Serviced Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
123, Montrell Serviced Apartments in numbers
- Sold twice: first on 28 January 2018 for AED 512,850, last on 25 June 2025 for AED 485,000 (AED 1,219 per sqft).
- Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 34,000 to AED 23,000 in 2021 and recovered to AED 38,000 by October 2026.
- At AED 38,000 a year the gross yield on the 2025 price is 7.8%.
- 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 5 October 2026.
Questions about 123, Montrell Serviced Apartments
What did unit 123 last sell for?
AED 485,000 on 25 June 2025: AED 1,219 per sqft for 398 sqft. The unit has 2 registered sales; the first was AED 512,850 in January 2018.
What is the rent for unit 123?
AED 38,000 a year on the contract renewed on 5 October 2026. The previous contract, from October 2025, was AED 45,000; the unit has been rented since November 2019.
How big is unit 123?
398 sqft (37.0 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.
What is unit 123 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 123, Montrell Serviced Apartments
Starts from the last sale price (AED 485K, 25 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 485,000
- Deposit, UAE resident (20%)
- AED 97,000
- Deposit, non-resident (40%)
- AED 194,000
- Monthly over 25 years at 3.7%
- AED 1,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →