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1-bed · 683 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

405, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in May 2017, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 898K11 May 2017
Current rentAED 45K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Montrell Serviced Apartments

What is 405 worth today?

Last sold for AED 897,740 in 2017

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15 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 66 per sqft
11 May 2017Sold by developerOff-plan
AED 897,740AED 1,313 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
1-bed hotel apartment
Size
683 sqft
Floor
4th of 7
Parking
P1-59
Developer
Azizi Developments
Completed
2018
Last sold
AED 898K · May 2017
Building
Montrell Serviced Apartments

About 405, Montrell Serviced Apartments

405 is a one-bedroom hotel apartment of 683 sqft on the 4th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 11 May 2017 for AED 897,740, or AED 1,313 per sqft.

One Ejari contract is registered, from 15 December 2022. The current contract, signed on 15 December 2022, is AED 45,000 a year: a gross yield of 5.0% on the 2017 price.

Sales and rents for 405 over time

Sales
Unit 405, 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, May 2017: AED 897,740 (AED 1,313 per sqft)

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

Rents
Unit 405, 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, December 2022: AED 45,000 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 405 sits

All 54 1-beds →

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. 405's AED 45,000 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
4011-bedAED 740K · Jan 2025
402StudioAED 552K · Apr 2018
403StudioAED 455K · Nov 2024
404StudioAED 529K · Jun 2017
4061-bedAED 1M · Dec 2017
407StudioAED 300K · Mar 2023
408StudioAED 501K · Dec 2017
1–7 of 31

405, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 11 May 2017 for AED 897,740, or AED 1,313 per sqft.
  • Rented since December 2022 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 5.0%.
  • 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 December 2022.

Questions about 405, Montrell Serviced Apartments

What did unit 405 last sell for?

AED 897,740 on 11 May 2017, sold by the developer: AED 1,313 per sqft for 683 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 45,000 a year on the contract signed on 15 December 2022.

How big is unit 405?

683 sqft (63.5 sqm): a one-bedroom hotel apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 405 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 405, Montrell Serviced Apartments

Starts from the last sale price (AED 898K, 11 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 897,740
Deposit, UAE resident (20%)
AED 179,548
Deposit, non-resident (40%)
AED 359,096
Monthly over 25 years at 3.7%
AED 3,673

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