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Studio · 394 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

602, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 370K20 November 2019
Current rentAED 35K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Montrell Serviced Apartments

What is 602 worth today?

Last sold for AED 370,000 in 2019

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1 Jan 2026RentedRenewal
AED 35,400/yr12 months · AED 90 per sqft
1 Jan 2025RentedNew contract
AED 33,550/yr12 months · AED 85 per sqft
1 Jan 2023RentedNew contract
AED 29,000/yr12 months · AED 73 per sqft
15 May 2022RentedNew contract
AED 26,000/yr12 months · AED 65 per sqft
1 Feb 2021RentedNew contract
AED 23,600/yr12 months · AED 59 per sqft
20 Nov 2019SoldReady
AED 370,000AED 939 per sqft
1 Feb 2019RentedNew contract
AED 34,000/yr12 months · AED 85 per sqft
31 Jan 2018Sold by developerOff-plan
AED 536,777AED 1,362 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio hotel apartment
Size
394 sqft
Floor
6th of 7
Parking
P2-28
Developer
Azizi Developments
Completed
2018
Last sold
AED 370K · November 2019
Building
Montrell Serviced Apartments

About 602, Montrell Serviced Apartments

602 is a studio of 394 sqft on the 6th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 20 November 2019 for AED 370,000, or AED 939 per sqft, 16% below the AED 1,114 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 35,400 a year: a gross yield of 9.6% on the 2019 price.

Sales and rents for 602 over time

Sales
Unit 602, 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, January 2018: AED 536,777 (AED 1,362 per sqft)Sold, November 2019: AED 370,000 (AED 939 per sqft)

602 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 602, 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, February 2019: AED 34,000 a yearNew contract, February 2021: AED 23,600 a yearNew contract, May 2022: AED 26,000 a yearNew contract, January 2023: AED 29,000 a yearNew contract, January 2025: AED 33,550 a yearRenewal, January 2026: AED 35,400 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 602 sits

All 167 studios →

602 last sold in November 2019 at AED 939 per sqft, 16% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,114). 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. 602's AED 35,400 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 6th floor

All 221 units in Montrell Serviced Apartments
Value
6011-bedAED 626K · Apr 2024
603StudioAED 531K · Jun 2017
604StudioAED 532K · Jun 2017
6051-bedAED 874K · Jul 2018
6061-bedAED 1M · Jun 2017
607StudioAED 537K · Nov 2017
608StudioAED 507K · Dec 2016
1–7 of 31

602, Montrell Serviced Apartments in numbers

  • Sold twice: first on 31 January 2018 for AED 536,777, last on 20 November 2019 for AED 370,000 (AED 939 per sqft).
  • Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 34,000 to AED 23,600 in 2021 and recovered to AED 35,400 by January 2026.
  • At AED 35,400 a year the gross yield on the 2019 price is 9.6%.
  • 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 1 January 2026.

Questions about 602, Montrell Serviced Apartments

What did unit 602 last sell for?

AED 370,000 on 20 November 2019: AED 939 per sqft for 394 sqft. The unit has 2 registered sales; the first was AED 536,777 in January 2018.

What is the rent for unit 602?

AED 35,400 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 33,550; the unit has been rented since February 2019.

How big is unit 602?

394 sqft (36.6 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 602 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 602, Montrell Serviced Apartments

Starts from the last sale price (AED 370K, 20 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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