Home
Dubai prices
About
Research
1-bed · 741 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

506, Montrell Serviced Apartments

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

Unit 506 · DLD and Ejari recordsUpdated 7 December 2025
Last soldAED 646K5 August 2019
Current rentAED 63K /yr7 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 506

Property timeline for 506, Montrell Serviced Apartments

What is 506 worth today?

Last sold for AED 645,740 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Dec 2025RentedNew contract
AED 63,000/yr12 months · AED 85 per sqft
31 Mar 2023RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
28 Nov 2019RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft
5 Aug 2019Sold by developerReady
AED 645,740AED 871 per sqft

Source: Dubai Land Department. Updated 7 December 2025.

Key facts

Type
1-bed hotel apartment
Size
741 sqft
Floor
5th of 7
Parking
P2-1
Developer
Azizi Developments
Completed
2018
Last sold
AED 646K · August 2019
Building
Montrell Serviced Apartments

About 506, Montrell Serviced Apartments

506 is a one-bedroom hotel apartment of 741 sqft on the 5th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 5 August 2019 for AED 645,740, or AED 871 per sqft, 8% above the AED 810 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 7 December 2025, is AED 63,000 a year: a gross yield of 9.8% on the 2019 price.

Sales and rents for 506 over time

Sales
Unit 506, 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, August 2019: AED 645,740 (AED 871 per sqft)

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

Rents
Unit 506, 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, November 2019: AED 48,000 a yearNew contract, March 2023: AED 50,000 a yearNew contract, December 2025: AED 63,000 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 506 sits

All 54 1-beds →

506 last sold in August 2019 at AED 871 per sqft, 8% above what one-beds in Montrell Serviced Apartments were fetching at the time (AED 810). 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. 506's AED 63,000 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
5011-bedAED 613K · May 2024
502StudioAED 540K · May 2017
503StudioAED 522K · Feb 2017
504StudioAED 400K · Sep 2026
5051-bedNo registered sale
507StudioAED 522K · May 2017
508StudioAED 490K · Mar 2026
1–7 of 31

506, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 5 August 2019 for AED 645,740, or AED 871 per sqft.
  • Rented since November 2019 on 3 Ejari contracts, from AED 48,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2019 price is 9.8%.
  • 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 7 December 2025.

Questions about 506, Montrell Serviced Apartments

What did unit 506 last sell for?

AED 645,740 on 5 August 2019, sold by the developer: AED 871 per sqft for 741 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 63,000 a year on the contract signed on 7 December 2025. The previous contract, from March 2023, was AED 50,000; the unit has been rented since November 2019.

How big is unit 506?

741 sqft (68.8 sqm): a one-bedroom hotel apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 506 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.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 506, Montrell Serviced Apartments

Starts from the last sale price (AED 646K, 5 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 645,740
Deposit, UAE resident (20%)
AED 129,148
Deposit, non-resident (40%)
AED 258,296
Monthly over 25 years at 3.7%
AED 2,642

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