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1-bed · 741 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

527, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 527 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 909K14 May 2017
Current rentAED 70K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 527, Montrell Serviced Apartments

What is 527 worth today?

Last sold for AED 908,830 in 2017

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15 Jul 2024RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
14 Mar 2023RentedRenewal
AED 38,000/yr12 months · AED 51 per sqft
14 Mar 2022RentedRenewal
AED 38,000/yr12 months · AED 51 per sqft
14 Mar 2021RentedRenewal
AED 38,000/yr12 months · AED 51 per sqft
14 Mar 2020RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
1 Apr 2019RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
14 May 2017Sold by developerOff-plan
AED 908,830AED 1,226 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
1-bed hotel apartment
Size
741 sqft
Floor
5th of 7
Parking
P2-36
Developer
Azizi Developments
Completed
2018
Last sold
AED 909K · May 2017
Building
Montrell Serviced Apartments

About 527, Montrell Serviced Apartments

527 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 14 May 2017 for AED 908,830, or AED 1,226 per sqft, in line with the AED 1,226 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 15 July 2024, is AED 70,000 a year: a gross yield of 7.7% on the 2017 price.

Sales and rents for 527 over time

Sales
Unit 527, 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, May 2017: AED 908,830 (AED 1,226 per sqft)

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

Rents
Unit 527, 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, April 2019: AED 55,000 a yearNew contract, March 2020: AED 45,000 a yearRenewal, March 2021: AED 38,000 a yearRenewal, March 2022: AED 38,000 a yearRenewal, March 2023: AED 38,000 a yearNew contract, July 2024: AED 70,000 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 527 sits

All 54 1-beds →

527 last sold in May 2017 at AED 1,226 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 1,226). 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. 527's AED 70,000 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
5061-bedAED 646K · Aug 2019
507StudioAED 522K · May 2017
1–7 of 31

527, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 14 May 2017 for AED 908,830, or AED 1,226 per sqft.
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2023 and recovered to AED 70,000 by July 2024.
  • At AED 70,000 a year the gross yield on the 2017 price is 7.7%.
  • 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 15 July 2024.

Questions about 527, Montrell Serviced Apartments

What did unit 527 last sell for?

AED 908,830 on 14 May 2017, sold by the developer: AED 1,226 per sqft for 741 sqft. It is the only registered sale of the unit.

What is the rent for unit 527?

AED 70,000 a year on the contract signed on 15 July 2024. The previous contract, from March 2023, was AED 38,000; the unit has been rented since April 2019.

How big is unit 527?

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 527 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.

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Mortgage on 527, Montrell Serviced Apartments

Starts from the last sale price (AED 909K, 14 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 908,830
Deposit, UAE resident (20%)
AED 181,766
Deposit, non-resident (40%)
AED 363,532
Monthly over 25 years at 3.7%
AED 3,718

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