Studio · 392 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

617, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 340K9 August 2023
Current rentAED 36K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Montrell Serviced Apartments

What is 617 worth today?

Last sold for AED 340,000 in 2023

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22 Aug 2026RentedNew contract
AED 36,000/yr12 months · AED 93 per sqft
4 Jul 2025RentedNew contract
AED 44,000/yr12 months · AED 114 per sqft
9 Aug 2023SoldReady
AED 340,000AED 867 per sqft
23 Dec 2022RentedRenewal
AED 27,000/yr12 months · AED 70 per sqft
23 Dec 2021RentedNew contract
AED 23,000/yr12 months · AED 59 per sqft
23 Nov 2021Sold by developerReady
AED 448,800AED 1,145 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
Studio hotel apartment
Size
392 sqft
Floor
6th of 7
Parking
P2-48
Developer
Azizi Developments
Completed
2018
Last sold
AED 340K · August 2023

About 617, Montrell Serviced Apartments

617 is a studio of 392 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 9 August 2023 for AED 340,000, or AED 867 per sqft, in line with the AED 858 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 22 August 2026, is AED 36,000 a year: a gross yield of 10.6% on the 2023 price.

Sales and rents for 617 over time

Sales
Unit 617, 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, November 2021: AED 448,800 (AED 1,145 per sqft)Sold, August 2023: AED 340,000 (AED 867 per sqft)

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

Rents
Unit 617, each contractTypical studio in Montrell Serviced Apartments
20K30K40K2018202120242027Typical 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, December 2021: AED 23,000 a yearRenewal, December 2022: AED 27,000 a yearNew contract, July 2025: AED 44,000 a yearNew contract, August 2026: AED 36,000 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 617 sits

All 167 studios →

617 last sold in August 2023 at AED 867 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 858). 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. 617's AED 36,000 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 →
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

617, Montrell Serviced Apartments in numbers

  • Sold twice: first on 23 November 2021 for AED 448,800, last on 9 August 2023 for AED 340,000 (AED 867 per sqft).
  • Rented since December 2021 on 4 Ejari contracts, from AED 23,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2023 price is 10.6%.
  • 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 22 August 2026.

Questions about 617, Montrell Serviced Apartments

What did unit 617 last sell for?

AED 340,000 on 9 August 2023: AED 867 per sqft for 392 sqft. The unit has 2 registered sales; the first was AED 448,800 in November 2021.

What is the rent for unit 617?

AED 36,000 a year on the contract signed on 22 August 2026. The previous contract, from July 2025, was AED 44,000; the unit has been rented since December 2021.

How big is unit 617?

392 sqft (36.4 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 617 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 617, Montrell Serviced Apartments

Starts from the last sale price (AED 340K, 9 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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