Studio · 333 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

423, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 423 · DLD and Ejari recordsUpdated 27 October 2026

Last soldAED 475K24 October 2024

Current rentAED 35K /yr27 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 423, Montrell Serviced Apartments

Today

What is 423 worth today?

Last sold for AED 475,000 in 2024

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27 Oct 2026

27 Oct 2026RentedNew contract

AED 35,000/yr12 months · AED 105 per sqft

24 Oct 2024

24 Oct 2024SoldReady

AED 475,000AED 1,428 per sqft

25 Aug 2023

25 Aug 2023RentedNew contract

AED 45,600/yr12 months · AED 137 per sqft

5 Jul 2023

5 Jul 2023SoldReady

AED 365,000AED 1,097 per sqft

13 Jan 2023

13 Jan 2023RentedNew contract

AED 29,000/yr12 months · AED 87 per sqft

4 Dec 2021

4 Dec 2021RentedRenewal

AED 26,000/yr12 months · AED 78 per sqft

4 Dec 2020

4 Dec 2020RentedRenewal

AED 26,000/yr12 months · AED 78 per sqft

4 Dec 2019

4 Dec 2019RentedNew contract

AED 28,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 27 October 2026.

Key facts

Type: Studio hotel apartment
Size: 333 sqft
Floor: 4th of 7
Parking: P1-77
Developer: Azizi Developments
Completed: 2018
Last sold: AED 475K · October 2024
Building: Montrell Serviced Apartments

About 423, Montrell Serviced Apartments

423 is a studio of 333 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 24 October 2024 for AED 475,000, or AED 1,428 per sqft, 39% above the AED 1,025 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 27 October 2026, is AED 35,000 a year: a gross yield of 7.4% on the 2024 price.

Sales and rents for 423 over time

Sales

Unit 423, each saleTypical studio in Montrell Serviced Apartments

423 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents

Unit 423, each contractTypical studio in Montrell Serviced Apartments

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 423 sits

All 167 studios →

Studios in Montrell Serviced Apartments · last 12 months1,165 /sqft Montrell Serviced Apartments · all types1,111 /sqft

423 last sold in October 2024 at AED 1,428 per sqft, 39% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,025). 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. 423's AED 35,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
28 Sep 202628 September 2026	367 sqft	468,500	1,274
6 Sep 20266 September 2026	390 sqft	400,000	1,026
31 Mar 202631 March 2026	409 sqft	400,000	977
31 Mar 202631 March 2026	408 sqft	400,000	980

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


401	1-bed	849 sqft	AED 740KAED 740,000 · Jan 2025January 2025	50,000 /yr
402	Studio	394 sqft	AED 552KAED 551,807 · Apr 2018April 2018	45,000 /yr
403	Studio	387 sqft	AED 455KAED 455,000 · Nov 2024November 2024	46,000 /yr
404	Studio	390 sqft	AED 529KAED 528,647 · Jun 2017June 2017	26,000 /yr
405	1-bed	683 sqft	AED 898KAED 897,740 · May 2017May 2017	45,000 /yr
406	1-bed	741 sqft	AED 1MAED 1,000,000 · Dec 2017December 2017	50,000 /yr
407	Studio	383 sqft	AED 300KAED 300,000 · Mar 2023March 2023	50,400 /yr
408	Studio	367 sqft	AED 501KAED 501,293 · Dec 2017December 2017	34,000 /yr
409	Studio	358 sqft	AED 518KAED 517,586 · Dec 2017December 2017	35,000 /yr
410	Studio	363 sqft	AED 508KAED 507,600 · May 2017May 2017	33,000 /yr
411	Studio	429 sqft	AED 576KAED 576,242 · Mar 2018March 2018	42,000 /yr
412	Studio	457 sqft	AED 608KAED 607,667 · Sep 2017September 2017	42,000 /yr
413	Studio	458 sqft	AED 400KAED 400,000 · Feb 2024February 2024	33,600 /yr
414	Studio	488 sqft	AED 520KAED 520,000 · Aug 2025August 2025	26,000 /yr
415	1-bed	767 sqft	AED 581KAED 581,100 · Apr 2024April 2024	35,000 /yr
416	Studio	392 sqft	AED 435KAED 435,400 · Mar 2026March 2026	26,000 /yr
417	Studio	392 sqft	AED 435KAED 435,400 · Mar 2026March 2026	30,800 /yr
418	1-bed	767 sqft	AED 1.02MAED 1,016,000 · Jul 2017July 2017	65,000 /yr
419	Studio	408 sqft	AED 320KAED 320,000 · May 2023May 2023	41,000 /yr
420	Studio	409 sqft	AED 523KAED 522,796 · Apr 2024April 2024	42,000 /yr
421	Studio	408 sqft	AED 556KAED 556,000 · Jan 2018January 2018	38,000 /yr
422	Studio	380 sqft	AED 370KAED 370,000 · Jan 2024January 2024	38,000 /yr
424	Studio	365 sqft	AED 444KAED 443,760 · May 2023May 2023	38,000 /yr
425	Studio	367 sqft	AED 407KAED 407,000 · Jan 2024January 2024	37,000 /yr
426	Studio	383 sqft	AED 520KAED 519,739 · Apr 2017April 2017	33,880 /yr
427	1-bed	741 sqft	AED 909KAED 908,830 · May 2017May 2017	62,000 /yr
428	1-bed	683 sqft	AED 690KAED 690,000 · Apr 2025April 2025	50,000 /yr
429	Studio	390 sqft	AED 533KAED 533,000 · Sep 2017September 2017	50,000 /yr
430	Studio	387 sqft	AED 420KAED 420,000 · Mar 2024March 2024	40,000 /yr
431	Studio	394 sqft	AED 551KAED 550,834 · Oct 2017October 2017	30,000 /yr
432	1-bed	849 sqft	AED 700KAED 700,000 · Feb 2022February 2022	55,000 /yr

1–7 of 31

423, Montrell Serviced Apartments in numbers

Sold 3 times: first on 26 February 2017 for AED 450,000, last on 24 October 2024 for AED 475,000 (AED 1,428 per sqft).
Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2021 and recovered to AED 35,000 by October 2026.
At AED 35,000 a year the gross yield on the 2024 price is 7.4%.
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 27 October 2026.

Questions about 423, Montrell Serviced Apartments

What did unit 423 last sell for?

AED 475,000 on 24 October 2024: AED 1,428 per sqft for 333 sqft. The unit has 3 registered sales; the first was AED 450,000 in February 2017.

What is the rent for unit 423?

AED 35,000 a year on the contract signed on 27 October 2026. The previous contract, from August 2023, was AED 45,600; the unit has been rented since November 2018.

How big is unit 423?

333 sqft (30.9 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 423 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 423, Montrell Serviced Apartments

Starts from the last sale price (AED 475K, 24 October 2024). Switch to today's estimate once you have unlocked it.

Price: AED 475,000
Deposit, UAE resident (20%): AED 95,000
Deposit, non-resident (40%): AED 190,000
Monthly over 25 years at 3.7%: AED 1,943

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