Studio · 501 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

131, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 131 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 669K30 April 2018
Current rentAED 42K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 131, Montrell Serviced Apartments

What is 131 worth today?

Last sold for AED 669,000 in 2018

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1 Oct 2026RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
5 Apr 2025RentedNew contract
AED 43,000/yr12 months · AED 85 per sqft
5 Apr 2025RentedNew contract
AED 43,000/yr12 months · AED 85 per sqft
5 Apr 2024RentedNew contract
AED 43,000/yr12 months · AED 85 per sqft
8 Jan 2023RentedNew contract
AED 30,000/yr12 months · AED 60 per sqft
1 Jan 2022RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
1 Jan 2021RentedNew contract
AED 22,000/yr12 months · AED 43 per sqft
25 Sep 2019RentedNew contract
AED 31,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio hotel apartment
Size
501 sqft
Floor
1st of 7
Parking
G-52
Developer
Azizi Developments
Completed
2018
Last sold
AED 669K · April 2018

About 131, Montrell Serviced Apartments

131 is a studio of 501 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 30 April 2018 for AED 669,000, or AED 1,334 per sqft, in line with the AED 1,363 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 October 2026, is AED 42,000 a year: a gross yield of 6.3% on the 2018 price.

Sales and rents for 131 over time

Sales
Unit 131, each saleTypical studio in Montrell Serviced Apartments
400K600K2016201920222025Typical 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 2018: AED 669,000 (AED 1,334 per sqft)

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

Rents
Unit 131, each contractTypical studio in Montrell Serviced Apartments
20K30K40K2018202120242027Typical 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, September 2019: AED 31,000 a yearNew contract, January 2021: AED 22,000 a yearNew contract, January 2022: AED 25,000 a yearNew contract, January 2023: AED 30,000 a yearNew contract, April 2024: AED 43,000 a yearNew contract, April 2025: AED 43,000 a yearNew contract, April 2025: AED 43,000 a yearNew contract, October 2026: AED 42,000 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 131 sits

All 167 studios →

131 last sold in April 2018 at AED 1,334 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,363). 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. 131's AED 42,000 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 →
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

131, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 30 April 2018 for AED 669,000, or AED 1,334 per sqft.
  • Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 31,000 to AED 22,000 in 2021 and recovered to AED 42,000 by October 2026.
  • At AED 42,000 a year the gross yield on the 2018 price is 6.3%.
  • 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 October 2026.

Questions about 131, Montrell Serviced Apartments

What did unit 131 last sell for?

AED 669,000 on 30 April 2018, sold by the developer: AED 1,334 per sqft for 501 sqft. It is the only registered sale of the unit.

What is the rent for unit 131?

AED 42,000 a year on the contract signed on 1 October 2026. The previous contract, from April 2025, was AED 43,000; the unit has been rented since September 2019.

How big is unit 131?

501 sqft (46.5 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 131 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 131, Montrell Serviced Apartments

Starts from the last sale price (AED 669K, 30 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 669,000
Deposit, UAE resident (20%)
AED 133,800
Deposit, non-resident (40%)
AED 267,600
Monthly over 25 years at 3.7%
AED 2,737

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