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1-bed · 849 sqftMontrell Serviced Apartments, Al Furjan · 6th floor · completed 2018

632, Montrell Serviced Apartments

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

Unit 632 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 880K28 January 2019
Current rentAED 60K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 632, Montrell Serviced Apartments

What is 632 worth today?

Last sold for AED 879,520 in 2019

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5 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
20 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
25 May 2022RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
1 May 2019RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
28 Jan 2019Sold by developerReady
AED 879,520AED 1,035 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
1-bed hotel apartment
Size
849 sqft
Floor
6th of 7
Parking
P2-62
Developer
Azizi Developments
Completed
2018
Last sold
AED 880K · January 2019
Building
Montrell Serviced Apartments

About 632, Montrell Serviced Apartments

632 is a one-bedroom hotel apartment of 849 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 28 January 2019 for AED 879,520, or AED 1,035 per sqft, in line with the AED 1,046 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 5 February 2024, is AED 60,000 a year: a gross yield of 6.8% on the 2019 price.

Sales and rents for 632 over time

Sales
Unit 632, each saleTypical one-bed in Montrell Serviced Apartments
600K800K1M2017202020232026Typical sale price by year: 2017 AED 908,830; 2018 AED 964,979; 2019 AED 688,091; 2020 AED 628,106; 2022 AED 700,000; 2023 AED 618,350; 2024 AED 624,038; 2025 AED 732,500; 2026 AED 680,000Sold by developer, January 2019: AED 879,520 (AED 1,035 per sqft)

632 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 632, each contractTypical one-bed in Montrell Serviced Apartments
40K60K2018202120242027Typical rent by year: 2018 AED 61,000; 2019 AED 56,000; 2020 AED 45,000; 2021 AED 37,000; 2022 AED 42,000; 2023 AED 52,000; 2024 AED 60,000; 2025 AED 60,750; 2026 AED 62,000New contract, May 2019: AED 50,000 a yearNew contract, May 2022: AED 42,000 a yearNew contract, December 2022: AED 45,000 a yearNew contract, February 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Montrell Serviced Apartments, and where 632 sits

All 54 1-beds →

632 last sold in January 2019 at AED 1,035 per sqft, in line with what one-beds in Montrell Serviced Apartments were fetching at the time (AED 1,046). Over the last 12 months one-beds sold for AED 670,000 to 840,000, around AED 995 per sqft, and rent for AED 42,000 to 75,000 a year. 632's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 2026670,000
21 Apr 2026840,000
5 Feb 2026680,000
29 Aug 2025800,000
3 1-bed 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

632, Montrell Serviced Apartments in numbers

  • Sold once: by Azizi Developments on 28 January 2019 for AED 879,520, or AED 1,035 per sqft.
  • Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2022 and recovered to AED 60,000 by February 2024.
  • At AED 60,000 a year the gross yield on the 2019 price is 6.8%.
  • One-beds in Montrell Serviced Apartments sold for AED 670,000–840,000 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 5 February 2024.

Questions about 632, Montrell Serviced Apartments

What did unit 632 last sell for?

AED 879,520 on 28 January 2019, sold by the developer: AED 1,035 per sqft for 849 sqft. It is the only registered sale of the unit.

What is the rent for unit 632?

AED 60,000 a year on the contract signed on 5 February 2024. The previous contract, from December 2022, was AED 45,000; the unit has been rented since May 2019.

How big is unit 632?

849 sqft (78.9 sqm): a one-bedroom hotel apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 632 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Montrell Serviced Apartments sold for AED 670,000 to 840,000 in the last 12 months, around AED 995 per sqft.

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Mortgage on 632, Montrell Serviced Apartments

Starts from the last sale price (AED 880K, 28 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 879,520
Deposit, UAE resident (20%)
AED 175,904
Deposit, non-resident (40%)
AED 351,808
Monthly over 25 years at 3.7%
AED 3,598

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