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1-bed · 739 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

128, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 128 · DLD and Ejari recordsUpdated 20 January 2021
Last soldAED 628K29 December 2020
Current rentAED 40K /yr20 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 128, Montrell Serviced Apartments

What is 128 worth today?

Last sold for AED 628,106 in 2020

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20 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft
29 Dec 2020Sold by developerReady
AED 628,106AED 850 per sqft
20 Jan 2020RentedNew contract
AED 47,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 20 January 2021.

Key facts

Type
1-bed hotel apartment
Size
739 sqft
Floor
1st of 7
Parking
G-49
Developer
Azizi Developments
Completed
2018
Last sold
AED 628K · December 2020
Building
Montrell Serviced Apartments

About 128, Montrell Serviced Apartments

128 is a one-bedroom hotel apartment of 739 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 29 December 2020 for AED 628,106, or AED 850 per sqft, in line with the AED 850 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 20 January 2021, is AED 40,000 a year: a gross yield of 6.4% on the 2020 price.

Sales and rents for 128 over time

Sales
Unit 128, each saleTypical one-bed in Montrell Serviced Apartments
600K800K1M2017202020232026Typical sale price by year: 2017 AED 908,830; 2018 AED 964,979; 2019 AED 688,091; 2020 AED 628,106; 2022 AED 700,000; 2023 AED 618,350; 2024 AED 624,038; 2025 AED 732,500; 2026 AED 680,000Sold by developer, December 2020: AED 628,106 (AED 850 per sqft)

128 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 128, each contractTypical one-bed in Montrell Serviced Apartments
40K60K2018202120242027Typical rent by year: 2018 AED 61,000; 2019 AED 56,000; 2020 AED 45,000; 2021 AED 37,000; 2022 AED 42,000; 2023 AED 52,000; 2024 AED 60,000; 2025 AED 60,750; 2026 AED 62,000New contract, January 2020: AED 47,000 a yearNew contract, January 2021: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Montrell Serviced Apartments, and where 128 sits

All 54 1-beds →

128 last sold in December 2020 at AED 850 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 850). Over the last 12 months one-beds sold for AED 670,000 to 840,000, around AED 995 per sqft, and rent for AED 42,000 to 75,000 a year. 128's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 2026670,000
21 Apr 2026840,000
5 Feb 2026680,000
29 Aug 2025800,000
3 1-bed 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

128, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 29 December 2020 for AED 628,106, or AED 850 per sqft.
  • Rented since January 2020 on 2 Ejari contracts, from AED 47,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 6.4%.
  • One-beds in Montrell Serviced Apartments sold for AED 670,000–840,000 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 20 January 2021.

Questions about 128, Montrell Serviced Apartments

What did unit 128 last sell for?

AED 628,106 on 29 December 2020, sold by the developer: AED 850 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 128?

AED 40,000 a year on the contract signed on 20 January 2021. The previous contract, from January 2020, was AED 47,000.

How big is unit 128?

739 sqft (68.7 sqm): a one-bedroom hotel apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 128 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Montrell Serviced Apartments sold for AED 670,000 to 840,000 in the last 12 months, around AED 995 per sqft.

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Mortgage on 128, Montrell Serviced Apartments

Starts from the last sale price (AED 628K, 29 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 628,106
Deposit, UAE resident (20%)
AED 125,621
Deposit, non-resident (40%)
AED 251,242
Monthly over 25 years at 3.7%
AED 2,570

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