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Studio · 458 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

513, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 10 August 2025
Last soldAED 635K9 January 2018
Current rentAED 31K /yr10 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 513, Montrell Serviced Apartments

What is 513 worth today?

Last sold for AED 635,495 in 2018

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10 Aug 2025RentedNew contract
AED 30,657/yr14 months · AED 67 per sqft
24 Aug 2023RentedNew contract
AED 27,204/yr13 months · AED 59 per sqft
1 Oct 2022RentedNew contract
AED 27,000/yr12 months · AED 59 per sqft
16 Jan 2021RentedNew contract
AED 24,000/yr12 months · AED 52 per sqft
9 Jan 2018Sold by developerOff-plan
AED 635,495AED 1,386 per sqft

Source: Dubai Land Department. Updated 10 August 2025.

Key facts

Type
Studio hotel apartment
Size
458 sqft
Floor
5th of 7
Parking
P2-8
Developer
Azizi Developments
Completed
2018
Last sold
AED 635K · January 2018
Building
Montrell Serviced Apartments

About 513, Montrell Serviced Apartments

513 is a studio of 458 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 9 January 2018 for AED 635,495, or AED 1,386 per sqft, in line with the AED 1,356 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 August 2025, is AED 30,657 a year: a gross yield of 4.8% on the 2018 price.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical studio in Montrell Serviced Apartments
400K600K2016201920222025Typical 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, January 2018: AED 635,495 (AED 1,386 per sqft)

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

Rents
Unit 513, 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, January 2021: AED 24,000 a yearNew contract, October 2022: AED 27,000 a yearNew contract, August 2023: AED 27,204 a yearNew contract, August 2025: AED 30,657 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 513 sits

All 167 studios →

513 last sold in January 2018 at AED 1,386 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,356). 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. 513's AED 30,657 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 →

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

513, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 9 January 2018 for AED 635,495, or AED 1,386 per sqft.
  • Rented since January 2021 on 4 Ejari contracts, from AED 24,000 to AED 30,657 a year.
  • At AED 30,657 a year the gross yield on the 2018 price is 4.8%.
  • 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 10 August 2025.

Questions about 513, Montrell Serviced Apartments

What did unit 513 last sell for?

AED 635,495 on 9 January 2018, sold by the developer: AED 1,386 per sqft for 458 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 30,657 a year on the contract signed on 10 August 2025. The previous contract, from August 2023, was AED 27,204; the unit has been rented since January 2021.

How big is unit 513?

458 sqft (42.5 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.

What is unit 513 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 513, Montrell Serviced Apartments

Starts from the last sale price (AED 635K, 9 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 635,495
Deposit, UAE resident (20%)
AED 127,099
Deposit, non-resident (40%)
AED 254,198
Monthly over 25 years at 3.7%
AED 2,600

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