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1-bed · 849 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

501, Montrell Serviced Apartments

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

Unit 501 · DLD and Ejari recordsUpdated 28 January 2026
Last soldAED 613K9 May 2024
Current rentAED 65K /yr28 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Montrell Serviced Apartments

What is 501 worth today?

Last sold for AED 612,560 in 2024

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28 Jan 2026RentedNew contract
AED 65,000/yr12 months · AED 77 per sqft
28 Jan 2025RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
28 Jan 2025RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
9 May 2024SoldReady
AED 612,560AED 721 per sqft
15 May 2023RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
30 Mar 2022RentedNew contract
AED 63,250/yr12 months · AED 74 per sqft
1 Apr 2021RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
24 Jun 2020RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 28 January 2026.

Key facts

Type
1-bed hotel apartment
Size
849 sqft
Floor
5th of 7
Parking
P1-86
Developer
Azizi Developments
Completed
2018
Last sold
AED 613K · May 2024
Building
Montrell Serviced Apartments

About 501, Montrell Serviced Apartments

501 is a one-bedroom hotel apartment of 849 sqft on the 5th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 9 May 2024 for AED 612,560, or AED 721 per sqft, 5% below the AED 757 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 28 January 2026, is AED 65,000 a year: a gross yield of 10.6% on the 2024 price.

Sales and rents for 501 over time

Sales
Unit 501, 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 688,091 (AED 810 per sqft)Sold, May 2024: AED 612,560 (AED 721 per sqft)

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

Rents
Unit 501, 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 68,000 a yearNew contract, March 2019: AED 68,000 a yearNew contract, December 2019: AED 65,000 a yearNew contract, June 2020: AED 60,000 a yearNew contract, April 2021: AED 38,000 a yearNew contract, March 2022: AED 63,250 a yearNew contract, May 2023: AED 53,000 a yearNew contract, January 2025: AED 65,000 a yearNew contract, January 2025: AED 65,000 a yearNew contract, January 2026: AED 65,000 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 501 sits

All 54 1-beds →

501 last sold in May 2024 at AED 721 per sqft, 5% below what one-beds in Montrell Serviced Apartments were fetching at the time (AED 757). 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. 501's AED 65,000 is in the upper half 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 →

Other units on the 5th floor

All 221 units in Montrell Serviced Apartments
Value
502StudioAED 540K · May 2017
503StudioAED 522K · Feb 2017
504StudioAED 400K · Sep 2026
5051-bedNo registered sale
5061-bedAED 646K · Aug 2019
507StudioAED 522K · May 2017
508StudioAED 490K · Mar 2026
1–7 of 31

501, Montrell Serviced Apartments in numbers

  • Sold twice: first on 24 February 2019 for AED 688,091, last on 9 May 2024 for AED 612,560 (AED 721 per sqft).
  • Rented since March 2018 on 10 Ejari contracts. The rent fell from AED 68,000 to AED 38,000 in 2021 and recovered to AED 65,000 by January 2026.
  • At AED 65,000 a year the gross yield on the 2024 price is 10.6%.
  • 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 28 January 2026.

Questions about 501, Montrell Serviced Apartments

What did unit 501 last sell for?

AED 612,560 on 9 May 2024: AED 721 per sqft for 849 sqft. The unit has 2 registered sales; the first was AED 688,091 in February 2019.

What is the rent for unit 501?

AED 65,000 a year on the contract signed on 28 January 2026. The previous contract, from January 2025, was AED 65,000; the unit has been rented since March 2018.

How big is unit 501?

849 sqft (78.9 sqm): a one-bedroom hotel apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 501 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.

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Mortgage on 501, Montrell Serviced Apartments

Starts from the last sale price (AED 613K, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 612,560
Deposit, UAE resident (20%)
AED 122,512
Deposit, non-resident (40%)
AED 245,024
Monthly over 25 years at 3.7%
AED 2,506

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