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Studio · 367 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

508, Montrell Serviced Apartments

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

Unit 508 · DLD and Ejari recordsUpdated 9 May 2026
Last soldAED 490K26 March 2026
Current rentAED 48K /yr9 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Montrell Serviced Apartments

What is 508 worth today?

Last sold for AED 490,000 in 2026

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9 May 2026RentedNew contract
AED 48,000/yr12 months · AED 131 per sqft
26 Mar 2026SoldReady
AED 490,000AED 1,333 per sqft
11 May 2017Sold by developerOff-plan
AED 505,900AED 1,376 per sqft

Source: Dubai Land Department. Updated 9 May 2026.

Key facts

Type
Studio hotel apartment
Size
367 sqft
Floor
5th of 7
Parking
P2-3
Developer
Azizi Developments
Completed
2018
Last sold
AED 490K · March 2026
Building
Montrell Serviced Apartments

About 508, Montrell Serviced Apartments

508 is a studio of 367 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 26 March 2026 for AED 490,000, or AED 1,333 per sqft, 9% above the AED 1,225 studios in the building were fetching at the time.

One Ejari contract is registered, from 9 May 2026. The current contract, signed on 9 May 2026, is AED 48,000 a year: a gross yield of 9.8% on the 2026 price.

Sales and rents for 508 over time

Sales
Unit 508, 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, May 2017: AED 505,900 (AED 1,376 per sqft)Sold, March 2026: AED 490,000 (AED 1,333 per sqft)

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

Rents
Unit 508, each contractTypical studio in Montrell Serviced Apartments
20K40K2018202120242027Typical 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, May 2026: AED 48,000 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 508 sits

All 167 studios →

508 last sold in March 2026 at AED 1,333 per sqft, 9% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,225). 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. 508's AED 48,000 is in the upper 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 →

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
5061-bedAED 646K · Aug 2019
507StudioAED 522K · May 2017
1–7 of 31

508, Montrell Serviced Apartments in numbers

  • Sold twice: first on 11 May 2017 for AED 505,900, last on 26 March 2026 for AED 490,000 (AED 1,333 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2026 price is 9.8%.
  • 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 9 May 2026.

Questions about 508, Montrell Serviced Apartments

What did unit 508 last sell for?

AED 490,000 on 26 March 2026: AED 1,333 per sqft for 367 sqft. The unit has 2 registered sales; the first was AED 505,900 in May 2017.

What is the rent for unit 508?

AED 48,000 a year on the contract signed on 9 May 2026.

How big is unit 508?

367 sqft (34.1 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.

What is unit 508 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 508, Montrell Serviced Apartments

Starts from the last sale price (AED 490K, 26 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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