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1-bed · 849 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

401, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 740K6 January 2025
Current rentAED 50K /yr9 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, Montrell Serviced Apartments

What is 401 worth today?

Last sold for AED 740,000 in 2025

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9 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
9 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
6 Jan 2025SoldReady
AED 740,000AED 871 per sqft
11 Oct 2024SoldReady
AED 652,860AED 768 per sqft
15 May 2023RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
25 Sep 2020RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
1 Jul 2020RentedNew contract
AED 68,000/yr12 months · AED 80 per sqft
1 May 2019RentedNew contract
AED 68,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
1-bed hotel apartment
Size
849 sqft
Floor
4th of 7
Parking
P1-55
Developer
Azizi Developments
Completed
2018
Last sold
AED 740K · January 2025
Building
Montrell Serviced Apartments

About 401, Montrell Serviced Apartments

401 is a one-bedroom hotel apartment of 849 sqft on the 4th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 6 January 2025 for AED 740,000, or AED 871 per sqft, 13% above the AED 768 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 9 January 2025, is AED 50,000 a year: a gross yield of 6.8% on the 2025 price.

Sales and rents for 401 over time

Sales
Unit 401, 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, February 2019: AED 688,091 (AED 810 per sqft)Sold, October 2024: AED 652,860 (AED 768 per sqft)Sold, January 2025: AED 740,000 (AED 871 per sqft)

401 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 401, 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, May 2018: AED 68,000 a yearNew contract, May 2019: AED 68,000 a yearNew contract, July 2020: AED 68,000 a yearNew contract, September 2020: AED 38,000 a yearNew contract, May 2023: AED 53,000 a yearNew contract, January 2025: AED 50,000 a yearNew contract, January 2025: AED 50,000 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 401 sits

All 54 1-beds →

401 last sold in January 2025 at AED 871 per sqft, 13% above what one-beds in Montrell Serviced Apartments were fetching at the time (AED 768). 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. 401's AED 50,000 is in the lower 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 →

Other units on the 4th floor

All 221 units in Montrell Serviced Apartments
Value
402StudioAED 552K · Apr 2018
403StudioAED 455K · Nov 2024
404StudioAED 529K · Jun 2017
4051-bedAED 898K · May 2017
4061-bedAED 1M · Dec 2017
407StudioAED 300K · Mar 2023
408StudioAED 501K · Dec 2017
1–7 of 31

401, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 24 February 2019 for AED 688,091, last on 6 January 2025 for AED 740,000 (AED 871 per sqft).
  • Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 38,000 in 2020 and recovered to AED 50,000 by January 2025.
  • At AED 50,000 a year the gross yield on the 2025 price is 6.8%.
  • 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 9 January 2025.

Questions about 401, Montrell Serviced Apartments

What did unit 401 last sell for?

AED 740,000 on 6 January 2025: AED 871 per sqft for 849 sqft. The unit has 3 registered sales; the first was AED 688,091 in February 2019.

What is the rent for unit 401?

AED 50,000 a year on the contract signed on 9 January 2025. The previous contract, from January 2025, was AED 50,000; the unit has been rented since May 2018.

How big is unit 401?

849 sqft (78.9 sqm): a one-bedroom hotel apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 401 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 401, Montrell Serviced Apartments

Starts from the last sale price (AED 740K, 6 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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