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Studio · 488 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

614, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 330K17 January 2023
Current rentAED 50K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 614, Montrell Serviced Apartments

What is 614 worth today?

Last sold for AED 330,000 in 2023

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15 Feb 2026RentedNew contract
AED 50,000/yr12 months · AED 102 per sqft
20 Jan 2024RentedNew contract
AED 42,000/yr12 months · AED 86 per sqft
17 Jan 2023SoldReady
AED 330,000AED 675 per sqft
1 Jan 2022RentedNew contract
AED 25,000/yr12 months · AED 52 per sqft
15 Apr 2019RentedNew contract
AED 33,000/yr12 months · AED 68 per sqft
20 Feb 2019Sold by developerReady
AED 594,167AED 1,216 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
Studio hotel apartment
Size
488 sqft
Floor
6th of 7
Parking
P2-45
Developer
Azizi Developments
Completed
2018
Last sold
AED 330K · January 2023
Building
Montrell Serviced Apartments

About 614, Montrell Serviced Apartments

614 is a studio of 488 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 17 January 2023 for AED 330,000, or AED 675 per sqft, 13% below the AED 775 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 February 2026, is AED 50,000 a year: a gross yield of 15.2% on the 2023 price.

Sales and rents for 614 over time

Sales
Unit 614, each saleTypical studio in Montrell Serviced Apartments
400K600K2016201920222025Typical 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, February 2019: AED 594,167 (AED 1,216 per sqft)Sold, January 2023: AED 330,000 (AED 675 per sqft)

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

Rents
Unit 614, 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, April 2019: AED 33,000 a yearNew contract, January 2022: AED 25,000 a yearNew contract, January 2024: AED 42,000 a yearNew contract, February 2026: AED 50,000 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 614 sits

All 167 studios →

614 last sold in January 2023 at AED 675 per sqft, 13% below what studios in Montrell Serviced Apartments were fetching at the time (AED 775). 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. 614's AED 50,000 is in the upper 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
602StudioAED 370K · Nov 2019
603StudioAED 531K · Jun 2017
604StudioAED 532K · Jun 2017
6051-bedAED 874K · Jul 2018
6061-bedAED 1M · Jun 2017
607StudioAED 537K · Nov 2017
1–7 of 31

614, Montrell Serviced Apartments in numbers

  • Sold twice: first on 20 February 2019 for AED 594,167, last on 17 January 2023 for AED 330,000 (AED 675 per sqft).
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 33,000 to AED 25,000 in 2022 and recovered to AED 50,000 by February 2026.
  • At AED 50,000 a year the gross yield on the 2023 price is 15.2%.
  • 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 15 February 2026.

Questions about 614, Montrell Serviced Apartments

What did unit 614 last sell for?

AED 330,000 on 17 January 2023: AED 675 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 594,167 in February 2019.

What is the rent for unit 614?

AED 50,000 a year on the contract signed on 15 February 2026. The previous contract, from January 2024, was AED 42,000; the unit has been rented since April 2019.

How big is unit 614?

488 sqft (45.3 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 614 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 614, Montrell Serviced Apartments

Starts from the last sale price (AED 330K, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

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