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Studio · 390 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

504, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in September 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 6 September 2026
Last soldAED 400K6 September 2026
Current rentAED 30K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Montrell Serviced Apartments

What is 504 worth today?

Last sold for AED 400,000 in 2026

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6 Sep 2026SoldReady
AED 400,000AED 1,026 per sqft
1 Nov 2023RentedRenewal
AED 30,000/yr12 months · AED 77 per sqft
1 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft
1 Nov 2020RentedRenewal
AED 26,000/yr12 months · AED 67 per sqft
1 Nov 2019RentedRenewal
AED 33,500/yr12 months · AED 86 per sqft
1 Nov 2018RentedNew contract
AED 33,500/yr12 months · AED 86 per sqft
14 Aug 2017Sold by developerOff-plan
AED 549,455AED 1,409 per sqft

Source: Dubai Land Department. Updated 6 September 2026.

Key facts

Type
Studio hotel apartment
Size
390 sqft
Floor
5th of 7
Parking
P1-89
Developer
Azizi Developments
Completed
2018
Last sold
AED 400K · September 2026
Building
Montrell Serviced Apartments

About 504, Montrell Serviced Apartments

504 is a studio of 390 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 6 September 2026 for AED 400,000, or AED 1,026 per sqft, 15% below the AED 1,212 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 30,000 a year: a gross yield of 7.5% on the 2026 price.

Sales and rents for 504 over time

Sales
Unit 504, 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, August 2017: AED 549,455 (AED 1,409 per sqft)Sold, September 2026: AED 400,000 (AED 1,026 per sqft)

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

Rents
Unit 504, 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 2018: AED 33,500 a yearRenewal, November 2019: AED 33,500 a yearRenewal, November 2020: AED 26,000 a yearNew contract, November 2022: AED 30,000 a yearRenewal, November 2023: AED 30,000 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 504 sits

All 167 studios →

504 last sold in September 2026 at AED 1,026 per sqft, 15% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,212). 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. 504's AED 30,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Sep 2026468,500
31 Mar 2026400,000
31 Mar 2026400,000
26 Mar 2026490,000
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 →

Other units on the 5th floor

All 221 units in Montrell Serviced Apartments
Value
5011-bedAED 613K · May 2024
502StudioAED 540K · May 2017
503StudioAED 522K · Feb 2017
5051-bedNo registered sale
5061-bedAED 646K · Aug 2019
507StudioAED 522K · May 2017
508StudioAED 490K · Mar 2026
1–7 of 31

504, Montrell Serviced Apartments in numbers

  • Sold twice: first on 14 August 2017 for AED 549,455, last on 6 September 2026 for AED 400,000 (AED 1,026 per sqft).
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 33,500 to AED 26,000 in 2020 and recovered to AED 30,000 by November 2023.
  • At AED 30,000 a year the gross yield on the 2026 price is 7.5%.
  • 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 6 September 2026.

Questions about 504, Montrell Serviced Apartments

What did unit 504 last sell for?

AED 400,000 on 6 September 2026: AED 1,026 per sqft for 390 sqft. The unit has 2 registered sales; the first was AED 549,455 in August 2017.

What is the rent for unit 504?

AED 30,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 30,000; the unit has been rented since November 2018.

How big is unit 504?

390 sqft (36.2 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.

What is unit 504 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 504, Montrell Serviced Apartments

Starts from the last sale price (AED 400K, 6 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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