1-bed · 741 sqftMontrell Serviced Apartments, Al Furjan · 3rd floor · completed 2018

306, Montrell Serviced Apartments

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

Unit 306 · DLD and Ejari recordsUpdated 17 July 2026
Last soldAED 803K28 April 2019
Current rentAED 62K /yr17 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Montrell Serviced Apartments

What is 306 worth today?

Last sold for AED 802,760 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Jul 2026RentedRenewal
AED 62,000/yr12 months · AED 83 per sqft
17 Jul 2025RentedNew contract
AED 62,000/yr12 months · AED 83 per sqft
17 Jul 2025RentedNew contract
AED 62,000/yr12 months · AED 83 per sqft
16 Apr 2024RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
16 Apr 2023RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft
1 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
20 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 49 per sqft
20 Sep 2020RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 17 July 2026.

Key facts

Type
1-bed hotel apartment
Size
741 sqft
Floor
3rd of 7
Parking
P1-25
Developer
Azizi Developments
Completed
2018
Last sold
AED 803K · April 2019

About 306, Montrell Serviced Apartments

306 is a one-bedroom hotel apartment of 741 sqft on the 3rd floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 28 April 2019 for AED 802,760, or AED 1,083 per sqft, 34% above the AED 810 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 17 July 2026, is AED 62,000 a year: a gross yield of 7.7% on the 2019 price.

Sales and rents for 306 over time

Sales
Unit 306, 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, April 2019: AED 802,760 (AED 1,083 per sqft)

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

Rents
Unit 306, 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, June 2019: AED 48,000 a yearNew contract, September 2020: AED 36,000 a yearNew contract, September 2021: AED 36,000 a yearNew contract, December 2022: AED 45,000 a yearNew contract, April 2023: AED 48,000 a yearNew contract, April 2024: AED 50,000 a yearNew contract, July 2025: AED 62,000 a yearNew contract, July 2025: AED 62,000 a yearRenewal, July 2026: AED 62,000 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 306 sits

All 54 1-beds →

306 last sold in April 2019 at AED 1,083 per sqft, 34% above what one-beds in Montrell Serviced Apartments were fetching at the time (AED 810). 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. 306's AED 62,000 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
3011-bedAED 626K · Apr 2024
302StudioAED 526K · Aug 2018
303StudioAED 383K · Sep 2018
304StudioAED 503K · Mar 2017
3051-bedAED 640K · Jun 2024
307StudioAED 390K · Jan 2024
308StudioAED 492K · Jun 2017
1–7 of 30

306, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 28 April 2019 for AED 802,760, or AED 1,083 per sqft.
  • Rented since June 2019 on 9 Ejari contracts. The rent fell from AED 48,000 to AED 36,000 in 2021 and recovered to AED 62,000 by July 2026.
  • At AED 62,000 a year the gross yield on the 2019 price is 7.7%.
  • 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 17 July 2026.

Questions about 306, Montrell Serviced Apartments

What did unit 306 last sell for?

AED 802,760 on 28 April 2019, sold by the developer: AED 1,083 per sqft for 741 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 62,000 a year on the contract renewed on 17 July 2026. The previous contract, from July 2025, was AED 62,000; the unit has been rented since June 2019.

How big is unit 306?

741 sqft (68.8 sqm): a one-bedroom hotel apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 306 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.

Selling 306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 306, Montrell Serviced Apartments

Starts from the last sale price (AED 803K, 28 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 802,760
Deposit, UAE resident (20%)
AED 160,552
Deposit, non-resident (40%)
AED 321,104
Monthly over 25 years at 3.7%
AED 3,284

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