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1-bed · 831 sqftMontrell Serviced Apartments, Al Furjan · 1st floor · completed 2018

132, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 132 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 626K15 April 2024
Current rentAED 61K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 132, Montrell Serviced Apartments

What is 132 worth today?

Last sold for AED 626,422 in 2024

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1 Oct 2024RentedNew contract
AED 61,000/yr12 months · AED 74 per sqft
15 Apr 2024SoldReady
AED 626,422AED 753 per sqft
1 Jul 2020RentedNew contract
AED 58,000/yr12 months · AED 70 per sqft
1 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
24 Feb 2019Sold by developerReady
AED 673,443AED 810 per sqft
1 Apr 2018RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed hotel apartment
Size
831 sqft
Floor
1st of 7
Parking
G-53
Developer
Azizi Developments
Completed
2018
Last sold
AED 626K · April 2024
Building
Montrell Serviced Apartments

About 132, Montrell Serviced Apartments

132 is a one-bedroom hotel apartment of 831 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 15 April 2024 for AED 626,422, or AED 753 per sqft, in line with the AED 774 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 October 2024, is AED 61,000 a year: a gross yield of 9.7% on the 2024 price.

Sales and rents for 132 over time

Sales
Unit 132, 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, February 2019: AED 673,443 (AED 810 per sqft)Sold, April 2024: AED 626,422 (AED 753 per sqft)

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

Rents
Unit 132, 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, April 2018: AED 65,000 a yearNew contract, April 2019: AED 65,000 a yearNew contract, July 2020: AED 58,000 a yearNew contract, October 2024: AED 61,000 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 132 sits

All 54 1-beds →

132 last sold in April 2024 at AED 753 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 774). 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. 132's AED 61,000 is in the upper half 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

132, Montrell Serviced Apartments in numbers

  • Sold twice: first on 24 February 2019 for AED 673,443, last on 15 April 2024 for AED 626,422 (AED 753 per sqft).
  • Rented since April 2018 on 4 Ejari contracts, from AED 65,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2024 price is 9.7%.
  • 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 1 October 2024.

Questions about 132, Montrell Serviced Apartments

What did unit 132 last sell for?

AED 626,422 on 15 April 2024: AED 753 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 673,443 in February 2019.

What is the rent for unit 132?

AED 61,000 a year on the contract signed on 1 October 2024. The previous contract, from July 2020, was AED 58,000; the unit has been rented since April 2018.

How big is unit 132?

831 sqft (77.2 sqm): a one-bedroom hotel apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 132 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 132, Montrell Serviced Apartments

Starts from the last sale price (AED 626K, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 626,422
Deposit, UAE resident (20%)
AED 125,284
Deposit, non-resident (40%)
AED 250,569
Monthly over 25 years at 3.7%
AED 2,563

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