Studio · 505 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

129, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 129 · DLD and Ejari recordsUpdated 3 July 2025

Last soldAED 515K3 July 2025

Current rentAED 38K /yr15 April 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 129, Montrell Serviced Apartments

Today

What is 129 worth today?

Last sold for AED 515,000 in 2025

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3 Jul 2025

3 Jul 2025SoldReady

AED 515,000AED 1,020 per sqft

15 Apr 2023

15 Apr 2023RentedNew contract

AED 38,000/yr12 months · AED 75 per sqft

14 Jun 2022

14 Jun 2022RentedNew contract

AED 34,000/yr12 months · AED 67 per sqft

15 Jun 2021

15 Jun 2021RentedNew contract

AED 39,600/yr12 months · AED 78 per sqft

10 Nov 2019

10 Nov 2019RentedNew contract

AED 27,000/yr12 months · AED 53 per sqft

13 Jul 2018

13 Jul 2018RentedNew contract

AED 38,000/yr12 months · AED 75 per sqft

7 Jun 2017

7 Jun 2017Sold by developerOff-plan

AED 658,200AED 1,304 per sqft

Source: Dubai Land Department. Updated 3 July 2025.

Key facts

Type: Studio hotel apartment
Size: 505 sqft
Floor: 1st of 7
Parking: G-50
Developer: Azizi Developments
Completed: 2018
Last sold: AED 515K · July 2025
Building: Montrell Serviced Apartments

About 129, Montrell Serviced Apartments

129 is a studio of 505 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 3 July 2025 for AED 515,000, or AED 1,020 per sqft, 13% below the AED 1,176 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 April 2023, is AED 38,000 a year: a gross yield of 7.4% on the 2025 price.

Sales and rents for 129 over time

Sales

Unit 129, each saleTypical studio in Montrell Serviced Apartments

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

Rents

Unit 129, 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 129 sits

All 167 studios →

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

129 last sold in July 2025 at AED 1,020 per sqft, 13% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,176). 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. 129's AED 38,000 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
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
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

129, Montrell Serviced Apartments in numbers

Sold twice: first on 7 June 2017 for AED 658,200, last on 3 July 2025 for AED 515,000 (AED 1,020 per sqft).
Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 38,000 to AED 27,000 in 2019 and recovered to AED 38,000 by April 2023.
At AED 38,000 a year the gross yield on the 2025 price is 7.4%.
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 3 July 2025.

Questions about 129, Montrell Serviced Apartments

What did unit 129 last sell for?

AED 515,000 on 3 July 2025: AED 1,020 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 658,200 in June 2017.

What is the rent for unit 129?

AED 38,000 a year on the contract signed on 15 April 2023. The previous contract, from June 2022, was AED 34,000; the unit has been rented since July 2018.

How big is unit 129?

505 sqft (46.9 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 129 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 129, Montrell Serviced Apartments

Starts from the last sale price (AED 515K, 3 July 2025). Switch to today's estimate once you have unlocked it.

Price: AED 515,000
Deposit, UAE resident (20%): AED 103,000
Deposit, non-resident (40%): AED 206,000
Monthly over 25 years at 3.7%: AED 2,107

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