1-bed · 767 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

415, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 581K23 April 2024
Current rentAED 35K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Montrell Serviced Apartments

What is 415 worth today?

Last sold for AED 581,100 in 2024

Unlock today's estimate, updated daily, with

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

23 Apr 2024SoldReady
AED 581,100AED 757 per sqft
1 Oct 2021RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
10 Feb 2020RentedNew contract
AED 44,000/yr12 months · AED 57 per sqft
10 Mar 2019RentedNew contract
AED 61,000/yr12 months · AED 80 per sqft
24 Feb 2019Sold by developerReady
AED 621,479AED 810 per sqft
10 Mar 2018RentedNew contract
AED 61,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
1-bed hotel apartment
Size
767 sqft
Floor
4th of 7
Parking
P1-69
Developer
Azizi Developments
Completed
2018
Last sold
AED 581K · April 2024

About 415, Montrell Serviced Apartments

415 is a one-bedroom hotel apartment of 767 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 23 April 2024 for AED 581,100, or AED 757 per sqft, in line with the AED 758 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 October 2021, is AED 35,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 415 over time

Sales
Unit 415, 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, February 2019: AED 621,479 (AED 810 per sqft)Sold, April 2024: AED 581,100 (AED 757 per sqft)

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

Rents
Unit 415, 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, March 2018: AED 61,000 a yearNew contract, March 2019: AED 61,000 a yearNew contract, February 2020: AED 44,000 a yearNew contract, October 2021: AED 35,000 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 415 sits

All 54 1-beds →

415 last sold in April 2024 at AED 757 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 758). 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. 415's AED 35,000 is at the bottom 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 →
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

415, Montrell Serviced Apartments in numbers

  • Sold twice: first on 24 February 2019 for AED 621,479, last on 23 April 2024 for AED 581,100 (AED 757 per sqft).
  • Rented since March 2018 on 4 Ejari contracts, from AED 61,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 6.0%.
  • 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 23 April 2024.

Questions about 415, Montrell Serviced Apartments

What did unit 415 last sell for?

AED 581,100 on 23 April 2024: AED 757 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 621,479 in February 2019.

What is the rent for unit 415?

AED 35,000 a year on the contract signed on 1 October 2021. The previous contract, from February 2020, was AED 44,000; the unit has been rented since March 2018.

How big is unit 415?

767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 415 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.

Selling 415? 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 415, Montrell Serviced Apartments

Starts from the last sale price (AED 581K, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 581,100
Deposit, UAE resident (20%)
AED 116,220
Deposit, non-resident (40%)
AED 232,440
Monthly over 25 years at 3.7%
AED 2,377

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