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Studio · 358 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

409, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in December 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 518K12 December 2017
Current rentAED 35K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Montrell Serviced Apartments

What is 409 worth today?

Last sold for AED 517,586 in 2017

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5 Aug 2026RentedNew contract
AED 35,000/yr12 months · AED 99 per sqft
30 Apr 2019RentedNew contract
AED 33,000/yr12 months · AED 93 per sqft
12 Dec 2017Sold by developerOff-plan
AED 517,586AED 1,447 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
Studio hotel apartment
Size
358 sqft
Floor
4th of 7
Parking
P1-63
Developer
Azizi Developments
Completed
2018
Last sold
AED 518K · December 2017
Building
Montrell Serviced Apartments

About 409, Montrell Serviced Apartments

409 is a studio of 358 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 12 December 2017 for AED 517,586, or AED 1,447 per sqft, 7% above the AED 1,356 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 5 August 2026, is AED 35,000 a year: a gross yield of 6.8% on the 2017 price.

Sales and rents for 409 over time

Sales
Unit 409, 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 517,586 (AED 1,447 per sqft)

409 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 409, each contractTypical studio in Montrell Serviced Apartments
30K40K2018202120242027Typical 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 2019: AED 33,000 a yearNew contract, August 2026: AED 35,000 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 409 sits

All 167 studios →

409 last sold in December 2017 at AED 1,447 per sqft, 7% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,356). 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. 409's AED 35,000 is in the lower 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 →

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
4051-bedAED 898K · May 2017
4061-bedAED 1M · Dec 2017
407StudioAED 300K · Mar 2023
1–7 of 31

409, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 12 December 2017 for AED 517,586, or AED 1,447 per sqft.
  • Rented since April 2019 on 2 Ejari contracts, from AED 33,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2017 price is 6.8%.
  • 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 5 August 2026.

Questions about 409, Montrell Serviced Apartments

What did unit 409 last sell for?

AED 517,586 on 12 December 2017, sold by the developer: AED 1,447 per sqft for 358 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 35,000 a year on the contract signed on 5 August 2026. The previous contract, from April 2019, was AED 33,000.

How big is unit 409?

358 sqft (33.3 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 409 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.

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Mortgage on 409, Montrell Serviced Apartments

Starts from the last sale price (AED 518K, 12 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 517,586
Deposit, UAE resident (20%)
AED 103,517
Deposit, non-resident (40%)
AED 207,034
Monthly over 25 years at 3.7%
AED 2,118

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