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Studio · 429 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

411, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 411 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 576K13 March 2018
Current rentAED 42K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 411, Montrell Serviced Apartments

What is 411 worth today?

Last sold for AED 576,242 in 2018

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28 Sep 2024RentedNew contract
AED 42,000/yr12 months · AED 98 per sqft
5 Sep 2023RentedRenewal
AED 30,450/yr12 months · AED 71 per sqft
1 Sep 2021RentedNew contract
AED 23,000/yr12 months · AED 53 per sqft
13 Mar 2018Sold by developerOff-plan
AED 576,242AED 1,343 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
Studio hotel apartment
Size
429 sqft
Floor
4th of 7
Parking
P1-65
Developer
Azizi Developments
Completed
2018
Last sold
AED 576K · March 2018
Building
Montrell Serviced Apartments

About 411, Montrell Serviced Apartments

411 is a studio of 429 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 13 March 2018 for AED 576,242, or AED 1,343 per sqft, in line with the AED 1,362 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 28 September 2024, is AED 42,000 a year: a gross yield of 7.3% on the 2018 price.

Sales and rents for 411 over time

Sales
Unit 411, each saleTypical studio in Montrell Serviced Apartments
400K600K2016201920222025Typical 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, March 2018: AED 576,242 (AED 1,343 per sqft)

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

Rents
Unit 411, each contractTypical studio in Montrell Serviced Apartments
20K30K40K2018202120242027Typical 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, September 2021: AED 23,000 a yearRenewal, September 2023: AED 30,450 a yearNew contract, September 2024: AED 42,000 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 411 sits

All 167 studios →

411 last sold in March 2018 at AED 1,343 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,362). 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. 411's AED 42,000 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

411, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 13 March 2018 for AED 576,242, or AED 1,343 per sqft.
  • Rented since September 2021 on 3 Ejari contracts, from AED 23,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2018 price is 7.3%.
  • 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 28 September 2024.

Questions about 411, Montrell Serviced Apartments

What did unit 411 last sell for?

AED 576,242 on 13 March 2018, sold by the developer: AED 1,343 per sqft for 429 sqft. It is the only registered sale of the unit.

What is the rent for unit 411?

AED 42,000 a year on the contract signed on 28 September 2024. The previous contract, from September 2023, was AED 30,450; the unit has been rented since September 2021.

How big is unit 411?

429 sqft (39.9 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 411 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 411, Montrell Serviced Apartments

Starts from the last sale price (AED 576K, 13 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 576,242
Deposit, UAE resident (20%)
AED 115,248
Deposit, non-resident (40%)
AED 230,497
Monthly over 25 years at 3.7%
AED 2,358

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