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Studio · 392 sqftMontrell Serviced Apartments, Al Furjan · 2nd floor · completed 2018

216, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in October 2025, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 21 October 2026
Last soldAED 499K3 October 2025
Current rentAED 55K /yr21 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, Montrell Serviced Apartments

What is 216 worth today?

Last sold for AED 499,000 in 2025

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21 Oct 2026RentedNew contract
AED 55,200/yr12 months · AED 141 per sqft
3 Oct 2025SoldReady
AED 499,000AED 1,273 per sqft
11 May 2017Sold by developerOff-plan
AED 511,510AED 1,321 per sqft

Source: Dubai Land Department. Updated 21 October 2026.

Key facts

Type
Studio hotel apartment
Size
392 sqft
Floor
2nd of 7
Parking
P1-5
Developer
Azizi Developments
Completed
2018
Last sold
AED 499K · October 2025
Building
Montrell Serviced Apartments

About 216, Montrell Serviced Apartments

216 is a studio of 392 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 3 October 2025 for AED 499,000, or AED 1,273 per sqft, 5% above the AED 1,212 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 October 2026. The current contract, signed on 21 October 2026, is AED 55,200 a year: a gross yield of 11.1% on the 2025 price.

Sales and rents for 216 over time

Sales
Unit 216, 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, May 2017: AED 511,510 (AED 1,321 per sqft)Sold, October 2025: AED 499,000 (AED 1,273 per sqft)

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

Rents
Unit 216, each contractTypical studio in Montrell Serviced Apartments
20K40K60K2018202120242027Typical 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 2026: AED 55,200 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 216 sits

All 167 studios →

216 last sold in October 2025 at AED 1,273 per sqft, 5% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,212). 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. 216's AED 55,200 is in the upper 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

216, Montrell Serviced Apartments in numbers

  • Sold twice: first on 11 May 2017 for AED 511,510, last on 3 October 2025 for AED 499,000 (AED 1,273 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 55,200 a year.
  • At AED 55,200 a year the gross yield on the 2025 price is 11.1%.
  • 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 21 October 2026.

Questions about 216, Montrell Serviced Apartments

What did unit 216 last sell for?

AED 499,000 on 3 October 2025: AED 1,273 per sqft for 392 sqft. The unit has 2 registered sales; the first was AED 511,510 in May 2017.

What is the rent for unit 216?

AED 55,200 a year on the contract signed on 21 October 2026.

How big is unit 216?

392 sqft (36.4 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 216 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 216, Montrell Serviced Apartments

Starts from the last sale price (AED 499K, 3 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 499,000
Deposit, UAE resident (20%)
AED 99,800
Deposit, non-resident (40%)
AED 199,600
Monthly over 25 years at 3.7%
AED 2,042

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