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Studio · 365 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

624, Montrell Serviced Apartments

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

Unit 624 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 494K19 June 2019
Current rentAED 40K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 624, Montrell Serviced Apartments

What is 624 worth today?

Last sold for AED 493,968 in 2019

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15 May 2026RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
1 Jan 2023RentedNew contract
AED 25,000/yr12 months · AED 68 per sqft
1 Aug 2020RentedNew contract
AED 22,000/yr12 months · AED 60 per sqft
19 Jun 2019Sold by developerReady
AED 493,968AED 1,351 per sqft
5 Feb 2019RentedNew contract
AED 33,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio hotel apartment
Size
365 sqft
Floor
6th of 7
Parking
P2-55
Developer
Azizi Developments
Completed
2018
Last sold
AED 494K · June 2019
Building
Montrell Serviced Apartments

About 624, Montrell Serviced Apartments

624 is a studio of 365 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 19 June 2019 for AED 493,968, or AED 1,351 per sqft, 21% above the AED 1,117 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 May 2026, is AED 40,000 a year: a gross yield of 8.1% on the 2019 price.

Sales and rents for 624 over time

Sales
Unit 624, 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, June 2019: AED 493,968 (AED 1,351 per sqft)

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

Rents
Unit 624, 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, February 2019: AED 33,000 a yearNew contract, August 2020: AED 22,000 a yearNew contract, January 2023: AED 25,000 a yearNew contract, May 2026: AED 40,000 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 624 sits

All 167 studios →

624 last sold in June 2019 at AED 1,351 per sqft, 21% above what studios in Montrell Serviced Apartments were fetching at the time (AED 1,117). 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. 624's AED 40,000 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 →

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

624, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 19 June 2019 for AED 493,968, or AED 1,351 per sqft.
  • Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 33,000 to AED 22,000 in 2020 and recovered to AED 40,000 by May 2026.
  • At AED 40,000 a year the gross yield on the 2019 price is 8.1%.
  • 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 May 2026.

Questions about 624, Montrell Serviced Apartments

What did unit 624 last sell for?

AED 493,968 on 19 June 2019, sold by the developer: AED 1,351 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 624?

AED 40,000 a year on the contract signed on 15 May 2026. The previous contract, from January 2023, was AED 25,000; the unit has been rented since February 2019.

How big is unit 624?

365 sqft (33.9 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 624 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 624, Montrell Serviced Apartments

Starts from the last sale price (AED 494K, 19 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 493,968
Deposit, UAE resident (20%)
AED 98,794
Deposit, non-resident (40%)
AED 197,587
Monthly over 25 years at 3.7%
AED 2,021

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