Studio · 387 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

403, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 455K19 November 2024
Current rentAED 46K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Montrell Serviced Apartments

What is 403 worth today?

Last sold for AED 455,000 in 2024

Unlock today's estimate, updated daily, with

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

25 Aug 2026RentedRenewal
AED 46,000/yr12 months · AED 119 per sqft
25 Aug 2025RentedNew contract
AED 46,000/yr12 months · AED 119 per sqft
19 Nov 2024SoldReady
AED 455,000AED 1,175 per sqft
29 Oct 2024SoldReady
AED 315,000AED 814 per sqft
1 Apr 2022RentedNew contract
AED 28,000/yr12 months · AED 72 per sqft
10 Dec 2017Sold by developerOff-plan
AED 541,204AED 1,398 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
Studio hotel apartment
Size
387 sqft
Floor
4th of 7
Parking
P1-57
Developer
Azizi Developments
Completed
2018
Last sold
AED 455K · November 2024

About 403, Montrell Serviced Apartments

403 is a studio of 387 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 19 November 2024 for AED 455,000, or AED 1,175 per sqft, 17% above the AED 1,001 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 August 2026, is AED 46,000 a year: a gross yield of 10.1% on the 2024 price.

Sales and rents for 403 over time

Sales
Unit 403, 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, December 2017: AED 541,204 (AED 1,398 per sqft)Sold, October 2024: AED 315,000 (AED 814 per sqft)Sold, November 2024: AED 455,000 (AED 1,175 per sqft)

403 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 403, each contractTypical studio in Montrell Serviced Apartments
20K40K2018202120242027Typical 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, April 2022: AED 28,000 a yearNew contract, August 2025: AED 46,000 a yearRenewal, August 2026: AED 46,000 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 403 sits

All 167 studios →

403 last sold in November 2024 at AED 1,175 per sqft, 17% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,001). 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. 403's AED 46,000 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 →
Value
4011-bedAED 740K · Jan 2025
402StudioAED 552K · Apr 2018
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

403, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 10 December 2017 for AED 541,204, last on 19 November 2024 for AED 455,000 (AED 1,175 per sqft).
  • Rented since April 2022 on 3 Ejari contracts, from AED 28,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2024 price is 10.1%.
  • 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 25 August 2026.

Questions about 403, Montrell Serviced Apartments

What did unit 403 last sell for?

AED 455,000 on 19 November 2024: AED 1,175 per sqft for 387 sqft. The unit has 3 registered sales; the first was AED 541,204 in December 2017.

What is the rent for unit 403?

AED 46,000 a year on the contract renewed on 25 August 2026. The previous contract, from August 2025, was AED 46,000; the unit has been rented since April 2022.

How big is unit 403?

387 sqft (36.0 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 403 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.

Selling 403? 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 403, Montrell Serviced Apartments

Starts from the last sale price (AED 455K, 19 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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