406, Montrell Serviced Apartments
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Montrell Serviced Apartments
What is 406 worth today?
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Source: Dubai Land Department. Updated 8 September 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 741 sqft
- Floor
- 4th of 7
- Parking
- P1-60
- Developer
- Azizi Developments
- Completed
- 2018
- Last sold
- AED 1M · December 2017
- Building
- Montrell Serviced Apartments
About 406, Montrell Serviced Apartments
406 is a one-bedroom hotel apartment of 741 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 4 December 2017 for AED 1,000,000, or AED 1,349 per sqft, 6% above the AED 1,270 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 8 September 2024, is AED 50,000 a year: a gross yield of 5.0% on the 2017 price.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
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 406 sits
All 54 1-beds →406 last sold in December 2017 at AED 1,349 per sqft, 6% above what one-beds in Montrell Serviced Apartments were fetching at the time (AED 1,270). 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. 406's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Montrell Serviced Apartments
Building221 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%
Other units on the 4th floor
All 221 units in Montrell Serviced Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 849 sqft | AED 740KAED 740,000 · Jan 2025January 2025 | 50,000 /yr | |
| 402 | Studio | 394 sqft | AED 552KAED 551,807 · Apr 2018April 2018 | 45,000 /yr | |
| 403 | Studio | 387 sqft | AED 455KAED 455,000 · Nov 2024November 2024 | 46,000 /yr | |
| 404 | Studio | 390 sqft | AED 529KAED 528,647 · Jun 2017June 2017 | 26,000 /yr | |
| 405 | 1-bed | 683 sqft | AED 898KAED 897,740 · May 2017May 2017 | 45,000 /yr | |
| 407 | Studio | 383 sqft | AED 300KAED 300,000 · Mar 2023March 2023 | 50,400 /yr | |
| 408 | Studio | 367 sqft | AED 501KAED 501,293 · Dec 2017December 2017 | 34,000 /yr | |
| 409 | Studio | 358 sqft | AED 518KAED 517,586 · Dec 2017December 2017 | 35,000 /yr | |
| 410 | Studio | 363 sqft | AED 508KAED 507,600 · May 2017May 2017 | 33,000 /yr | |
| 411 | Studio | 429 sqft | AED 576KAED 576,242 · Mar 2018March 2018 | 42,000 /yr | |
| 412 | Studio | 457 sqft | AED 608KAED 607,667 · Sep 2017September 2017 | 42,000 /yr | |
| 413 | Studio | 458 sqft | AED 400KAED 400,000 · Feb 2024February 2024 | 33,600 /yr | |
| 414 | Studio | 488 sqft | AED 520KAED 520,000 · Aug 2025August 2025 | 26,000 /yr | |
| 415 | 1-bed | 767 sqft | AED 581KAED 581,100 · Apr 2024April 2024 | 35,000 /yr | |
| 416 | Studio | 392 sqft | AED 435KAED 435,400 · Mar 2026March 2026 | 26,000 /yr | |
| 417 | Studio | 392 sqft | AED 435KAED 435,400 · Mar 2026March 2026 | 30,800 /yr | |
| 418 | 1-bed | 767 sqft | AED 1.02MAED 1,016,000 · Jul 2017July 2017 | 65,000 /yr | |
| 419 | Studio | 408 sqft | AED 320KAED 320,000 · May 2023May 2023 | 41,000 /yr | |
| 420 | Studio | 409 sqft | AED 523KAED 522,796 · Apr 2024April 2024 | 42,000 /yr | |
| 421 | Studio | 408 sqft | AED 556KAED 556,000 · Jan 2018January 2018 | 38,000 /yr | |
| 422 | Studio | 380 sqft | AED 370KAED 370,000 · Jan 2024January 2024 | 38,000 /yr | |
| 423 | Studio | 333 sqft | AED 475KAED 475,000 · Oct 2024October 2024 | 35,000 /yr | |
| 424 | Studio | 365 sqft | AED 444KAED 443,760 · May 2023May 2023 | 38,000 /yr | |
| 425 | Studio | 367 sqft | AED 407KAED 407,000 · Jan 2024January 2024 | 37,000 /yr | |
| 426 | Studio | 383 sqft | AED 520KAED 519,739 · Apr 2017April 2017 | 33,880 /yr | |
| 427 | 1-bed | 741 sqft | AED 909KAED 908,830 · May 2017May 2017 | 62,000 /yr | |
| 428 | 1-bed | 683 sqft | AED 690KAED 690,000 · Apr 2025April 2025 | 50,000 /yr | |
| 429 | Studio | 390 sqft | AED 533KAED 533,000 · Sep 2017September 2017 | 50,000 /yr | |
| 430 | Studio | 387 sqft | AED 420KAED 420,000 · Mar 2024March 2024 | 40,000 /yr | |
| 431 | Studio | 394 sqft | AED 551KAED 550,834 · Oct 2017October 2017 | 30,000 /yr | |
| 432 | 1-bed | 849 sqft | AED 700KAED 700,000 · Feb 2022February 2022 | 55,000 /yr |
406, Montrell Serviced Apartments in numbers
- Sold once: by Azizi Developments on 4 December 2017 for AED 1,000,000, or AED 1,349 per sqft.
- Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 44,308 to AED 39,000 in 2020 and recovered to AED 50,000 by September 2024.
- At AED 50,000 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 8 September 2024.
Questions about 406, Montrell Serviced Apartments
What did unit 406 last sell for?
AED 1,000,000 on 4 December 2017, sold by the developer: AED 1,349 per sqft for 741 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 50,000 a year on the contract renewed on 8 September 2024. The previous contract, from September 2023, was AED 52,000; the unit has been rented since September 2019.
How big is unit 406?
741 sqft (68.8 sqm): a one-bedroom hotel apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit 406 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 406, Montrell Serviced Apartments
Starts from the last sale price (AED 1M, 4 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →