Studio · 383 sqftMontrell Serviced Apartments, Al Furjan · 4th floor · completed 2018

426, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 426 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 520K17 April 2017
Current rentAED 34K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 426, Montrell Serviced Apartments

What is 426 worth today?

Last sold for AED 519,739 in 2017

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1 Nov 2024RentedRenewal
AED 33,880/yr12 months · AED 88 per sqft
1 Nov 2023RentedRenewal
AED 30,800/yr12 months · AED 80 per sqft
1 Nov 2022RentedNew contract
AED 28,000/yr12 months · AED 73 per sqft
28 Apr 2022RentedNew contract
AED 27,600/yr12 months · AED 71 per sqft
28 Apr 2021RentedNew contract
AED 23,000/yr12 months · AED 59 per sqft
5 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft
17 Apr 2017Sold by developerOff-plan
AED 519,739AED 1,356 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio hotel apartment
Size
383 sqft
Floor
4th of 7
Parking
P1-80
Developer
Azizi Developments
Completed
2018
Last sold
AED 520K · April 2017

About 426, Montrell Serviced Apartments

426 is a studio of 383 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 17 April 2017 for AED 519,739, or AED 1,356 per sqft, in line with the AED 1,352 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 33,880 a year: a gross yield of 6.5% on the 2017 price.

Sales and rents for 426 over time

Sales
Unit 426, 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, April 2017: AED 519,739 (AED 1,356 per sqft)

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

Rents
Unit 426, 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 2019: AED 30,000 a yearNew contract, April 2021: AED 23,000 a yearNew contract, April 2022: AED 27,600 a yearNew contract, November 2022: AED 28,000 a yearRenewal, November 2023: AED 30,800 a yearRenewal, November 2024: AED 33,880 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 426 sits

All 167 studios →

426 last sold in April 2017 at AED 1,356 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,352). 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. 426's AED 33,880 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

426, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 17 April 2017 for AED 519,739, or AED 1,356 per sqft.
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 30,000 to AED 23,000 in 2021 and recovered to AED 33,880 by November 2024.
  • At AED 33,880 a year the gross yield on the 2017 price is 6.5%.
  • 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 1 November 2024.

Questions about 426, Montrell Serviced Apartments

What did unit 426 last sell for?

AED 519,739 on 17 April 2017, sold by the developer: AED 1,356 per sqft for 383 sqft. It is the only registered sale of the unit.

What is the rent for unit 426?

AED 33,880 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 30,800; the unit has been rented since September 2019.

How big is unit 426?

383 sqft (35.6 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 426 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 426, Montrell Serviced Apartments

Starts from the last sale price (AED 520K, 17 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 519,739
Deposit, UAE resident (20%)
AED 103,948
Deposit, non-resident (40%)
AED 207,896
Monthly over 25 years at 3.7%
AED 2,126

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