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Studio · 390 sqftMontrell Serviced Apartments, Al Furjan · 5th floor · completed 2018

529, Montrell Serviced Apartments

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

Unit 529 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 528K5 December 2017
Current rentAED 45K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 529, Montrell Serviced Apartments

What is 529 worth today?

Last sold for AED 527,732 in 2017

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25 Dec 2025RentedNew contract
AED 45,000/yr12 months · AED 115 per sqft
23 Nov 2024RentedNew contract
AED 42,000/yr12 months · AED 108 per sqft
10 May 2024RentedNew contract
AED 42,000/yr12 months · AED 108 per sqft
1 May 2023RentedNew contract
AED 32,000/yr12 months · AED 83 per sqft
20 Apr 2022RentedNew contract
AED 28,000/yr12 months · AED 72 per sqft
2 Feb 2021RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
5 Dec 2017Sold by developerOff-plan
AED 527,732AED 1,353 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
Studio hotel apartment
Size
390 sqft
Floor
5th of 7
Parking
P2-23
Developer
Azizi Developments
Completed
2018
Last sold
AED 528K · December 2017
Building
Montrell Serviced Apartments

About 529, Montrell Serviced Apartments

529 is a studio of 390 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 December 2017 for AED 527,732, or AED 1,353 per sqft, in line with the AED 1,353 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 25 December 2025, is AED 45,000 a year: a gross yield of 8.5% on the 2017 price.

Sales and rents for 529 over time

Sales
Unit 529, 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, December 2017: AED 527,732 (AED 1,353 per sqft)

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

Rents
Unit 529, 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, February 2021: AED 22,000 a yearNew contract, April 2022: AED 28,000 a yearNew contract, May 2023: AED 32,000 a yearNew contract, May 2024: AED 42,000 a yearNew contract, November 2024: AED 42,000 a yearNew contract, December 2025: AED 45,000 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 529 sits

All 167 studios →

529 last sold in December 2017 at AED 1,353 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,353). 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. 529's AED 45,000 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

529, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 5 December 2017 for AED 527,732, or AED 1,353 per sqft.
  • Rented since February 2021 on 6 Ejari contracts, from AED 22,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 8.5%.
  • 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 25 December 2025.

Questions about 529, Montrell Serviced Apartments

What did unit 529 last sell for?

AED 527,732 on 5 December 2017, sold by the developer: AED 1,353 per sqft for 390 sqft. It is the only registered sale of the unit.

What is the rent for unit 529?

AED 45,000 a year on the contract signed on 25 December 2025. The previous contract, from November 2024, was AED 42,000; the unit has been rented since February 2021.

How big is unit 529?

390 sqft (36.2 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.

What is unit 529 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 529, Montrell Serviced Apartments

Starts from the last sale price (AED 528K, 5 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 527,732
Deposit, UAE resident (20%)
AED 105,546
Deposit, non-resident (40%)
AED 211,093
Monthly over 25 years at 3.7%
AED 2,159

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