1-bed · 767 sqftMontrell Serviced Apartments, Al Furjan · 3rd floor · completed 2018

315, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 315 · DLD and Ejari recordsUpdated 15 April 2024

Last soldAED 621K15 April 2024

Current rentAED 53K /yr15 May 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 315, Montrell Serviced Apartments

Today

What is 315 worth today?

Last sold for AED 621,479 in 2024

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15 Apr 2024

15 Apr 2024SoldReady

AED 621,479AED 810 per sqft

15 May 2023

15 May 2023RentedNew contract

AED 53,000/yr12 months · AED 69 per sqft

2 Mar 2020

2 Mar 2020RentedNew contract

AED 25,000/yr12 months · AED 33 per sqft

15 Oct 2019

15 Oct 2019RentedNew contract

AED 55,000/yr12 months · AED 72 per sqft

24 Feb 2019

24 Feb 2019Sold by developerReady

AED 621,479AED 810 per sqft

15 Oct 2018

15 Oct 2018RentedNew contract

AED 55,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type: 1-bed hotel apartment
Size: 767 sqft
Floor: 3rd of 7
Parking: P1-36
Developer: Azizi Developments
Completed: 2018
Last sold: AED 621K · April 2024
Building: Montrell Serviced Apartments

About 315, Montrell Serviced Apartments

315 is a one-bedroom hotel apartment of 767 sqft on the 3rd floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 15 April 2024 for AED 621,479, or AED 810 per sqft, 5% above the AED 774 one-beds 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 53,000 a year: a gross yield of 8.5% on the 2024 price.

Sales and rents for 315 over time

Sales

Unit 315, each saleTypical one-bed in Montrell Serviced Apartments

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

Rents

Unit 315, each contractTypical one-bed in Montrell Serviced Apartments

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 315 sits

All 54 1-beds →

1-beds in Montrell Serviced Apartments · last 12 months995 /sqft Montrell Serviced Apartments · all types1,111 /sqft

315 last sold in April 2024 at AED 810 per sqft, 5% above what one-beds in Montrell Serviced Apartments were fetching at the time (AED 774). 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. 315's AED 53,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
4 Jun 20264 June 2026	683 sqft	670,000	980
21 Apr 202621 April 2026	767 sqft	840,000	1,094
5 Feb 20265 February 2026	683 sqft	680,000	995
29 Aug 202529 August 2025	849 sqft	800,000	941

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 →

Other units on the 3rd floor

All 221 units in Montrell Serviced Apartments


301	1-bed	849 sqft	AED 626KAED 626,422 · Apr 2024April 2024	60,000 /yr
302	Studio	394 sqft	AED 526KAED 526,108 · Aug 2018August 2018	40,000 /yr
303	Studio	387 sqft	AED 383KAED 382,531 · Sep 2018September 2018	38,000 /yr
304	Studio	390 sqft	AED 503KAED 503,361 · Mar 2017March 2017	54,000 /yr
305	1-bed	683 sqft	AED 640KAED 640,000 · Jun 2024June 2024	60,000 /yr
306	1-bed	741 sqft	AED 803KAED 802,760 · Apr 2019April 2019	62,000 /yr
307	Studio	383 sqft	AED 390KAED 390,000 · Jan 2024January 2024	48,000 /yr
308	Studio	367 sqft	AED 492KAED 492,078 · Jun 2017June 2017	36,750 /yr
309	Studio	358 sqft	AED 489KAED 488,776 · Jan 2018January 2018	30,000 /yr
310	Studio	363 sqft	AED 499KAED 498,520 · May 2018May 2018	50,000 /yr
311	Studio	429 sqft	AED 566KAED 565,650 · Mar 2018March 2018	44,200 /yr
312	Studio	457 sqft	AED 597KAED 596,500 · Sep 2017September 2017	41,887 /yr
313	Studio	458 sqft	AED 597KAED 596,500 · Sep 2017September 2017	45,000 /yr
314	Studio	488 sqft	AED 400KAED 400,000 · Feb 2024February 2024	44,000 /yr
316	Studio	392 sqft	AED 375KAED 375,000 · Jan 2024January 2024	40,000 /yr
317	Studio	392 sqft	AED 530KAED 530,000 · Oct 2025October 2025	45,121 /yr
318	1-bed	767 sqft	AED 582KAED 581,880 · Jun 2023June 2023	38,000 /yr
319	Studio	408 sqft	AED 544KAED 544,057 · May 2017May 2017	45,000 /yr
320	Studio	409 sqft	AED 400KAED 400,000 · Mar 2026March 2026	37,000 /yr
321	Studio	408 sqft	AED 400KAED 400,000 · Mar 2026March 2026	37,000 /yr
322	Studio	380 sqft	AED 480KAED 480,000 · Jun 2025June 2025	45,000 /yr
323	Studio	333 sqft	AED 452KAED 451,871 · Feb 2017February 2017	30,000 /yr
324	Studio	365 sqft	AED 510KAED 510,000 · May 2025May 2025	48,000 /yr
325	Studio	367 sqft	AED 492KAED 492,078 · May 2017May 2017	35,280 /yr
326	Studio	383 sqft	AED 450KAED 450,000 · Jul 2025July 2025	40,000 /yr
327	1-bed	741 sqft	AED 909KAED 908,830 · May 2017May 2017	62,000 /yr
328	1-bed	683 sqft	AED 868KAED 868,000 · Aug 2017August 2017	65,000 /yr
330	Studio	387 sqft	AED 507KAED 507,425 · Mar 2017March 2017	45,000 /yr
331	Studio	394 sqft	AED 512KAED 511,836 · Apr 2017April 2017	38,000 /yr
332	1-bed	849 sqft	AED 800KAED 800,000 · Aug 2025August 2025

1–7 of 30

315, Montrell Serviced Apartments in numbers

Sold twice: first on 24 February 2019 for AED 621,479, last on 15 April 2024 for AED 621,479 (AED 810 per sqft).
Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 25,000 in 2020 and recovered to AED 53,000 by May 2023.
At AED 53,000 a year the gross yield on the 2024 price is 8.5%.
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 15 April 2024.

Questions about 315, Montrell Serviced Apartments

What did unit 315 last sell for?

AED 621,479 on 15 April 2024: AED 810 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 621,479 in February 2019.

What is the rent for unit 315?

AED 53,000 a year on the contract signed on 15 May 2023. The previous contract, from March 2020, was AED 25,000; the unit has been rented since October 2018.

How big is unit 315?

767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 315 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 315, Montrell Serviced Apartments

Starts from the last sale price (AED 621K, 15 April 2024). Switch to today's estimate once you have unlocked it.

Price: AED 621,479
Deposit, UAE resident (20%): AED 124,296
Deposit, non-resident (40%): AED 248,592
Monthly over 25 years at 3.7%: AED 2,543

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