1-bed · 741 sqftMontrell Serviced Apartments, Al Furjan · 2nd floor · completed 2018

206, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 650K16 July 2024
Current rentAED 60K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Montrell Serviced Apartments

What is 206 worth today?

Last sold for AED 650,000 in 2024

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20 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
20 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
16 Jul 2024SoldReady
AED 650,000AED 877 per sqft
1 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
18 Jan 2018Sold by developerOff-plan
AED 967,141AED 1,305 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed hotel apartment
Size
741 sqft
Floor
2nd of 7
Parking
G-59
Developer
Azizi Developments
Completed
2018
Last sold
AED 650K · July 2024

About 206, Montrell Serviced Apartments

206 is a one-bedroom hotel apartment of 741 sqft on the 2nd floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 16 July 2024 for AED 650,000, or AED 877 per sqft, 11% above the AED 788 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 November 2024, is AED 60,000 a year: a gross yield of 9.2% on the 2024 price.

Sales and rents for 206 over time

Sales
Unit 206, 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, January 2018: AED 967,141 (AED 1,305 per sqft)Sold, July 2024: AED 650,000 (AED 877 per sqft)

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

Rents
Unit 206, 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, October 2020: AED 45,000 a yearNew contract, November 2024: AED 60,000 a yearNew contract, November 2024: AED 60,000 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 206 sits

All 54 1-beds →

206 last sold in July 2024 at AED 877 per sqft, 11% above what one-beds in Montrell Serviced Apartments were fetching at the time (AED 788). 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. 206's AED 60,000 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 →
Value
2011-bedAED 626K · Apr 2024
202StudioAED 475K · Jun 2025
203StudioAED 462K · Oct 2018
204StudioAED 514K · Jan 2017
2051-bedAED 670K · Jun 2026
207StudioAED 480K · Jun 2025
208StudioAED 380K · Dec 2023
1–7 of 31

206, Montrell Serviced Apartments in numbers

  • Sold twice: first on 18 January 2018 for AED 967,141, last on 16 July 2024 for AED 650,000 (AED 877 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 45,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.2%.
  • 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 November 2024.

Questions about 206, Montrell Serviced Apartments

What did unit 206 last sell for?

AED 650,000 on 16 July 2024: AED 877 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 967,141 in January 2018.

What is the rent for unit 206?

AED 60,000 a year on the contract signed on 20 November 2024. The previous contract, from November 2024, was AED 60,000; the unit has been rented since October 2020.

How big is unit 206?

741 sqft (68.8 sqm): a one-bedroom hotel apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 206 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 206, Montrell Serviced Apartments

Starts from the last sale price (AED 650K, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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