530, Montrell Serviced Apartments
Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 530, Montrell Serviced Apartments
What is 530 worth today?
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Source: Dubai Land Department. Updated 19 October 2026.
Key facts
- Type
- Studio hotel apartment
- Size
- 387 sqft
- Floor
- 5th of 7
- Parking
- P2-24
- Developer
- Azizi Developments
- Completed
- 2018
- Last sold
- AED 305K · October 2022
- Building
- Montrell Serviced Apartments
About 530, Montrell Serviced Apartments
530 is a studio of 387 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 7 October 2022 for AED 305,000, or AED 788 per sqft, in line with the AED 788 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 19 October 2026, is AED 38,000 a year: a gross yield of 12.5% on the 2022 price.
Sales and rents for 530 over time
530 has sold twice; the dashed line is the studio median of each year in the building.
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 530 sits
All 167 studios →530 last sold in October 2022 at AED 788 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 788). 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. 530's AED 38,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 367 sqft | 468,500 | 1,274 | ||
| 6 Sep 20266 September 2026 | 390 sqft | 400,000 | 1,026 | ||
| 31 Mar 202631 March 2026 | 409 sqft | 400,000 | 977 | ||
| 31 Mar 202631 March 2026 | 408 sqft | 400,000 | 980 |
Montrell Serviced Apartments
Building221 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%
Other units on the 5th floor
All 221 units in Montrell Serviced Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 849 sqft | AED 613KAED 612,560 · May 2024May 2024 | 65,000 /yr | |
| 502 | Studio | 394 sqft | AED 540KAED 540,000 · May 2017May 2017 | 40,517 /yr | |
| 503 | Studio | 387 sqft | AED 522KAED 521,678 · Feb 2017February 2017 | 42,000 /yr | |
| 504 | Studio | 390 sqft | AED 400KAED 400,000 · Sep 2026September 2026 | 30,000 /yr | |
| 505 | 1-bed | 683 sqft | No registered sale | 75,000 /yr | |
| 506 | 1-bed | 741 sqft | AED 646KAED 645,740 · Aug 2019August 2019 | 63,000 /yr | |
| 507 | Studio | 383 sqft | AED 522KAED 522,325 · May 2017May 2017 | 40,000 /yr | |
| 508 | Studio | 367 sqft | AED 490KAED 490,000 · Mar 2026March 2026 | 48,000 /yr | |
| 509 | Studio | 358 sqft | AED 536KAED 536,414 · Feb 2018February 2018 | 39,900 /yr | |
| 510 | Studio | 363 sqft | AED 512KAED 512,140 · Jan 2017January 2017 | 33,000 /yr | |
| 511 | Studio | 429 sqft | AED 500KAED 500,000 · Dec 2025December 2025 | 33,000 /yr | |
| 512 | Studio | 457 sqft | AED 628KAED 628,000 · Jul 2017July 2017 | ||
| 513 | Studio | 458 sqft | AED 635KAED 635,495 · Jan 2018January 2018 | 30,657 /yr | |
| 514 | Studio | 488 sqft | AED 656KAED 656,453 · Sep 2017September 2017 | 38,000 /yr | |
| 515 | 1-bed | 767 sqft | AED 620KAED 620,100 · May 2024May 2024 | 53,000 /yr | |
| 516 | Studio | 387 sqft | AED 531KAED 530,848 · Jan 2018January 2018 | 40,500 /yr | |
| 517 | Studio | 392 sqft | AED 530KAED 530,000 · Jun 2017June 2017 | 40,000 /yr | |
| 518 | 1-bed | 767 sqft | AED 700KAED 700,000 · Jun 2025June 2025 | 52,500 /yr | |
| 519 | Studio | 408 sqft | AED 350KAED 350,000 · Jul 2023July 2023 | 37,000 /yr | |
| 520 | Studio | 409 sqft | AED 550KAED 549,888 · Sep 2017September 2017 | ||
| 521 | Studio | 408 sqft | AED 584KAED 583,556 · Jun 2017June 2017 | 41,000 /yr | |
| 522 | Studio | 380 sqft | AED 485KAED 485,000 · Feb 2025February 2025 | 48,000 /yr | |
| 523 | Studio | 333 sqft | AED 365KAED 365,000 · Jul 2023July 2023 | 42,000 /yr | |
| 524 | Studio | 365 sqft | AED 310KAED 310,000 · Feb 2021February 2021 | 38,500 /yr | |
| 525 | Studio | 367 sqft | AED 380KAED 380,000 · Jun 2024June 2024 | 43,000 /yr | |
| 526 | Studio | 383 sqft | AED 525KAED 524,516 · Apr 2017April 2017 | 23,000 /yr | |
| 527 | 1-bed | 741 sqft | AED 909KAED 908,830 · May 2017May 2017 | 70,000 /yr | |
| 528 | 1-bed | 683 sqft | AED 540KAED 540,153 · Jan 2024January 2024 | 64,000 /yr | |
| 529 | Studio | 390 sqft | AED 528KAED 527,732 · Dec 2017December 2017 | 45,000 /yr | |
| 531 | Studio | 394 sqft | AED 540KAED 539,700 · Mar 2017March 2017 | 55,000 /yr | |
| 532 | 1-bed | 849 sqft | AED 626KAED 626,422 · Apr 2024April 2024 | 60,800 /yr |
530, Montrell Serviced Apartments in numbers
- Sold twice: first on 27 November 2017 for AED 521,677, last on 7 October 2022 for AED 305,000 (AED 788 per sqft).
- Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 34,000 to AED 27,000 in 2022 and recovered to AED 38,000 by October 2026.
- At AED 38,000 a year the gross yield on the 2022 price is 12.5%.
- 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 19 October 2026.
Questions about 530, Montrell Serviced Apartments
What did unit 530 last sell for?
AED 305,000 on 7 October 2022: AED 788 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 521,677 in November 2017.
What is the rent for unit 530?
AED 38,000 a year on the contract signed on 19 October 2026. The previous contract, from October 2025, was AED 42,000; the unit has been rented since May 2019.
How big is unit 530?
387 sqft (36.0 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.
What is unit 530 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 530, Montrell Serviced Apartments
Starts from the last sale price (AED 305K, 7 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 305,000
- Deposit, UAE resident (20%)
- AED 61,000
- Deposit, non-resident (40%)
- AED 122,000
- Monthly over 25 years at 3.7%
- AED 1,248
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →