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Studio · 408 sqftMontrell Serviced Apartments, Al Furjan · 2nd floor · completed 2018

221, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in April 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 221 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 422K27 April 2023
Current rentAED 40K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 221, Montrell Serviced Apartments

What is 221 worth today?

Last sold for AED 422,019 in 2023

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1 Oct 2026RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
1 Aug 2023RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
27 Apr 2023Sold by developerReady
AED 422,019AED 1,034 per sqft
25 Mar 2021RentedNew contract
AED 25,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio hotel apartment
Size
408 sqft
Floor
2nd of 7
Parking
G-34 , G-35
Developer
Azizi Developments
Completed
2018
Last sold
AED 422K · April 2023
Building
Montrell Serviced Apartments

About 221, Montrell Serviced Apartments

221 is a studio of 408 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 27 April 2023 for AED 422,019, or AED 1,034 per sqft, 31% above the AED 788 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 October 2026, is AED 40,000 a year: a gross yield of 9.5% on the 2023 price.

Sales and rents for 221 over time

Sales
Unit 221, 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, April 2023: AED 422,019 (AED 1,034 per sqft)

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

Rents
Unit 221, each contractTypical studio in Montrell Serviced Apartments
30K40K2018202120242027Typical 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, March 2021: AED 25,000 a yearNew contract, August 2023: AED 35,000 a yearNew contract, October 2026: AED 40,000 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 221 sits

All 167 studios →

221 last sold in April 2023 at AED 1,034 per sqft, 31% above what studios in Montrell Serviced Apartments were fetching at the time (AED 788). 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. 221's AED 40,000 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

221, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 27 April 2023 for AED 422,019, or AED 1,034 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 25,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 9.5%.
  • 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 221, Montrell Serviced Apartments

What did unit 221 last sell for?

AED 422,019 on 27 April 2023, sold by the developer: AED 1,034 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 221?

AED 40,000 a year on the contract signed on 1 October 2026. The previous contract, from August 2023, was AED 35,000; the unit has been rented since March 2021.

How big is unit 221?

408 sqft (37.9 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 221 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 221, Montrell Serviced Apartments

Starts from the last sale price (AED 422K, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 422,019
Deposit, UAE resident (20%)
AED 84,404
Deposit, non-resident (40%)
AED 168,808
Monthly over 25 years at 3.7%
AED 1,727

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