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Studio · 358 sqftMontrell Serviced Apartments, Al Furjan · 2nd floor · completed 2018

209, Montrell Serviced Apartments

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

Unit 209 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 290K24 February 2019
Current rentAED 35K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, Montrell Serviced Apartments

What is 209 worth today?

Last sold for AED 289,640 in 2019

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15 May 2023RentedNew contract
AED 35,000/yr12 months · AED 98 per sqft
1 May 2021RentedNew contract
AED 85,000/yr12 months · AED 238 per sqft
1 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 84 per sqft
24 Feb 2019Sold by developerReady
AED 289,640AED 810 per sqft
1 Oct 2018RentedNew contract
AED 30,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
Studio hotel apartment
Size
358 sqft
Floor
2nd of 7
Parking
G-36
Developer
Azizi Developments
Completed
2018
Last sold
AED 290K · February 2019
Building
Montrell Serviced Apartments

About 209, Montrell Serviced Apartments

209 is a studio of 358 sqft on the 2nd floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 24 February 2019 for AED 289,640, or AED 810 per sqft, 35% below the AED 1,249 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 May 2023, is AED 35,000 a year: a gross yield of 12.1% on the 2019 price.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical studio in Montrell Serviced Apartments
400K2016201920222025Typical 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, February 2019: AED 289,640 (AED 810 per sqft)

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

Rents
Unit 209, each contractTypical studio in Montrell Serviced Apartments
50K2018202120242027Typical 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, October 2018: AED 30,000 a yearNew contract, October 2019: AED 30,000 a yearNew contract, May 2021: AED 85,000 a yearNew contract, May 2023: AED 35,000 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 209 sits

All 167 studios →

209 last sold in February 2019 at AED 810 per sqft, 35% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,249). 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. 209's AED 35,000 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 →

Other units on the 2nd floor

All 221 units in Montrell Serviced Apartments
Value
2011-bedAED 626K · Apr 2024
202StudioAED 475K · Jun 2025
203StudioAED 462K · Oct 2018
204StudioAED 514K · Jan 2017
2051-bedAED 670K · Jun 2026
2061-bedAED 650K · Jul 2024
207StudioAED 480K · Jun 2025
1–7 of 31

209, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 24 February 2019 for AED 289,640, or AED 810 per sqft.
  • Rented since October 2018 on 4 Ejari contracts, from AED 30,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2019 price is 12.1%.
  • 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 15 May 2023.

Questions about 209, Montrell Serviced Apartments

What did unit 209 last sell for?

AED 289,640 on 24 February 2019, sold by the developer: AED 810 per sqft for 358 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 35,000 a year on the contract signed on 15 May 2023. The previous contract, from May 2021, was AED 85,000; the unit has been rented since October 2018.

How big is unit 209?

358 sqft (33.3 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 209 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 209, Montrell Serviced Apartments

Starts from the last sale price (AED 290K, 24 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 289,640
Deposit, UAE resident (20%)
AED 57,928
Deposit, non-resident (40%)
AED 115,856
Monthly over 25 years at 3.7%
AED 1,185

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