Studio · 409 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

420, 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 420 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 523K15 April 2024
Current rentAED 42K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 420, Montrell Serviced Apartments

What is 420 worth today?

Last sold for AED 522,796 in 2024

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10 Jun 2025RentedRenewal
AED 42,000/yr12 months · AED 103 per sqft
10 Jun 2024RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
15 Apr 2024SoldReady
AED 522,796AED 1,278 per sqft
15 May 2023RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
1 Jul 2020RentedNew contract
AED 34,000/yr12 months · AED 83 per sqft
4 Apr 2019RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
24 Feb 2019Sold by developerReady
AED 331,316AED 810 per sqft
25 Apr 2018RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
Studio hotel apartment
Size
409 sqft
Floor
4th of 7
Parking
P1-74
Developer
Azizi Developments
Completed
2018
Last sold
AED 523K · April 2024

About 420, Montrell Serviced Apartments

420 is a studio of 409 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 15 April 2024 for AED 522,796, or AED 1,278 per sqft, 26% above the AED 1,017 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 10 June 2025, is AED 42,000 a year: a gross yield of 8.0% on the 2024 price.

Sales and rents for 420 over time

Sales
Unit 420, 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, February 2019: AED 331,316 (AED 810 per sqft)Sold, April 2024: AED 522,796 (AED 1,278 per sqft)

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

Rents
Unit 420, 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 2018: AED 30,000 a yearNew contract, April 2019: AED 30,000 a yearNew contract, July 2020: AED 34,000 a yearNew contract, May 2023: AED 35,000 a yearNew contract, June 2024: AED 40,000 a yearRenewal, June 2025: 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 420 sits

All 167 studios →

420 last sold in April 2024 at AED 1,278 per sqft, 26% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,017). 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. 420'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 →
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

420, Montrell Serviced Apartments in numbers

  • Sold twice: first on 24 February 2019 for AED 331,316, last on 15 April 2024 for AED 522,796 (AED 1,278 per sqft).
  • Rented since April 2018 on 6 Ejari contracts, from AED 30,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 8.0%.
  • 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 10 June 2025.

Questions about 420, Montrell Serviced Apartments

What did unit 420 last sell for?

AED 522,796 on 15 April 2024: AED 1,278 per sqft for 409 sqft. The unit has 2 registered sales; the first was AED 331,316 in February 2019.

What is the rent for unit 420?

AED 42,000 a year on the contract renewed on 10 June 2025. The previous contract, from June 2024, was AED 40,000; the unit has been rented since April 2018.

How big is unit 420?

409 sqft (38.0 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 420 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 420, Montrell Serviced Apartments

Starts from the last sale price (AED 523K, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 522,796
Deposit, UAE resident (20%)
AED 104,559
Deposit, non-resident (40%)
AED 209,118
Monthly over 25 years at 3.7%
AED 2,139

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