Studio · 392 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

416, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in March 2026, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 9 March 2026
Last soldAED 435K9 March 2026
Current rentAED 26K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Montrell Serviced Apartments

What is 416 worth today?

Last sold for AED 435,400 in 2026

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9 Mar 2026SoldReady
AED 435,400AED 1,111 per sqft
1 Nov 2021RentedNew contract
AED 26,000/yr12 months · AED 67 per sqft
14 May 2017Sold by developerOff-plan
AED 510,233AED 1,318 per sqft

Source: Dubai Land Department. Updated 9 March 2026.

Key facts

Type
Studio hotel apartment
Size
392 sqft
Floor
4th of 7
Parking
P1-70
Developer
Azizi Developments
Completed
2018
Last sold
AED 435K · March 2026

About 416, Montrell Serviced Apartments

416 is a studio of 392 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 9 March 2026 for AED 435,400, or AED 1,111 per sqft, 9% below the AED 1,219 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2021. The current contract, signed on 1 November 2021, is AED 26,000 a year: a gross yield of 6.0% on the 2026 price.

Sales and rents for 416 over time

Sales
Unit 416, 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, May 2017: AED 510,233 (AED 1,318 per sqft)Sold, March 2026: AED 435,400 (AED 1,111 per sqft)

416 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 416, 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, November 2021: AED 26,000 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 416 sits

All 167 studios →

416 last sold in March 2026 at AED 1,111 per sqft, 9% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,219). 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. 416's AED 26,000 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 →
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

416, Montrell Serviced Apartments in numbers

  • Sold twice: first on 14 May 2017 for AED 510,233, last on 9 March 2026 for AED 435,400 (AED 1,111 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2026 price is 6.0%.
  • 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 9 March 2026.

Questions about 416, Montrell Serviced Apartments

What did unit 416 last sell for?

AED 435,400 on 9 March 2026: AED 1,111 per sqft for 392 sqft. The unit has 2 registered sales; the first was AED 510,233 in May 2017.

What is the rent for unit 416?

AED 26,000 a year on the contract signed on 1 November 2021.

How big is unit 416?

392 sqft (36.4 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 416 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 416, Montrell Serviced Apartments

Starts from the last sale price (AED 435K, 9 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 435,400
Deposit, UAE resident (20%)
AED 87,080
Deposit, non-resident (40%)
AED 174,160
Monthly over 25 years at 3.7%
AED 1,781

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