Studio · 409 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

620, Montrell Serviced Apartments

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 620 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 560K7 November 2017
Current rentAED 42K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 620, Montrell Serviced Apartments

What is 620 worth today?

Last sold for AED 560,464 in 2017

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1 Aug 2026RentedRenewal
AED 42,000/yr12 months · AED 103 per sqft
1 Aug 2025RentedNew contract
AED 42,000/yr12 months · AED 103 per sqft
3 Feb 2025RentedNew contract
AED 42,000/yr12 months · AED 103 per sqft
1 Feb 2023RentedNew contract
AED 31,000/yr12 months · AED 76 per sqft
1 Feb 2022RentedNew contract
AED 28,000/yr12 months · AED 68 per sqft
15 Dec 2020RentedNew contract
AED 21,000/yr12 months · AED 51 per sqft
7 Jan 2020RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
30 Sep 2018RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio hotel apartment
Size
409 sqft
Floor
6th of 7
Parking
P2-51
Developer
Azizi Developments
Completed
2018
Last sold
AED 560K · November 2017

About 620, Montrell Serviced Apartments

620 is a studio of 409 sqft on the 6th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 7 November 2017 for AED 560,464, or AED 1,370 per sqft, in line with the AED 1,352 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 42,000 a year: a gross yield of 7.5% on the 2017 price.

Sales and rents for 620 over time

Sales
Unit 620, 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, November 2017: AED 560,464 (AED 1,370 per sqft)

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

Rents
Unit 620, 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, September 2018: AED 30,000 a yearNew contract, January 2020: AED 26,000 a yearNew contract, December 2020: AED 21,000 a yearNew contract, February 2022: AED 28,000 a yearNew contract, February 2023: AED 31,000 a yearNew contract, February 2025: AED 42,000 a yearNew contract, August 2025: AED 42,000 a yearRenewal, August 2026: AED 42,000 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 620 sits

All 167 studios →

620 last sold in November 2017 at AED 1,370 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,352). 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. 620's AED 42,000 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

620, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 7 November 2017 for AED 560,464, or AED 1,370 per sqft.
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 21,000 in 2020 and recovered to AED 42,000 by August 2026.
  • At AED 42,000 a year the gross yield on the 2017 price is 7.5%.
  • 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 1 August 2026.

Questions about 620, Montrell Serviced Apartments

What did unit 620 last sell for?

AED 560,464 on 7 November 2017, sold by the developer: AED 1,370 per sqft for 409 sqft. It is the only registered sale of the unit.

What is the rent for unit 620?

AED 42,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 42,000; the unit has been rented since September 2018.

How big is unit 620?

409 sqft (38.0 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 620 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 620, Montrell Serviced Apartments

Starts from the last sale price (AED 560K, 7 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 560,464
Deposit, UAE resident (20%)
AED 112,093
Deposit, non-resident (40%)
AED 224,186
Monthly over 25 years at 3.7%
AED 2,293

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