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Studio · 383 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

526, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in April 2017, and rented once, from February 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 526 · DLD and Ejari recordsUpdated 3 February 2021
Last soldAED 525K10 April 2017
Current rentAED 23K /yr3 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 526, Montrell Serviced Apartments

What is 526 worth today?

Last sold for AED 524,516 in 2017

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3 Feb 2021RentedNew contract
AED 23,000/yr12 months · AED 59 per sqft
10 Apr 2017Sold by developerOff-plan
AED 524,516AED 1,368 per sqft

Source: Dubai Land Department. Updated 3 February 2021.

Key facts

Type
Studio hotel apartment
Size
383 sqft
Floor
5th of 7
Parking
P2-21
Developer
Azizi Developments
Completed
2018
Last sold
AED 525K · April 2017
Building
Montrell Serviced Apartments

About 526, Montrell Serviced Apartments

526 is a studio of 383 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 10 April 2017 for AED 524,516, or AED 1,368 per sqft, in line with the AED 1,352 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 February 2021. The current contract, signed on 3 February 2021, is AED 23,000 a year: a gross yield of 4.4% on the 2017 price.

Sales and rents for 526 over time

Sales
Unit 526, 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, April 2017: AED 524,516 (AED 1,368 per sqft)

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

Rents
Unit 526, each contractTypical studio in Montrell Serviced Apartments
20K30K40K2018202120242027Typical 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, February 2021: AED 23,000 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 526 sits

All 167 studios →

526 last sold in April 2017 at AED 1,368 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,352). 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. 526's AED 23,000 is at the bottom 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

526, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 10 April 2017 for AED 524,516, or AED 1,368 per sqft.
  • Rented since February 2021 on one Ejari contract, at AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2017 price is 4.4%.
  • 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 3 February 2021.

Questions about 526, Montrell Serviced Apartments

What did unit 526 last sell for?

AED 524,516 on 10 April 2017, sold by the developer: AED 1,368 per sqft for 383 sqft. It is the only registered sale of the unit.

What is the rent for unit 526?

AED 23,000 a year on the contract signed on 3 February 2021.

How big is unit 526?

383 sqft (35.6 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.

What is unit 526 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 526, Montrell Serviced Apartments

Starts from the last sale price (AED 525K, 10 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 524,516
Deposit, UAE resident (20%)
AED 104,903
Deposit, non-resident (40%)
AED 209,806
Monthly over 25 years at 3.7%
AED 2,146

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