1-bed · 849 sqftMontrell Serviced Apartments, Al Furjan · 7th floor · completed 2018

701, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 701 · DLD and Ejari recordsUpdated 1 September 2024

Last soldAED 626K15 April 2024

Current rentAED 58K /yr1 September 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 701, Montrell Serviced Apartments

Today

What is 701 worth today?

Last sold for AED 626,422 in 2024

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1 Sep 2024

1 Sep 2024RentedNew contract

AED 57,750/yr12 months · AED 68 per sqft

15 Apr 2024

15 Apr 2024SoldReady

AED 626,422AED 737 per sqft

15 May 2023

15 May 2023RentedNew contract

AED 53,000/yr12 months · AED 62 per sqft

1 Jul 2019

1 Jul 2019RentedNew contract

AED 68,000/yr12 months · AED 80 per sqft

24 Feb 2019

24 Feb 2019Sold by developerReady

AED 688,091AED 810 per sqft

1 Jul 2018

1 Jul 2018RentedNew contract

AED 68,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type: 1-bed hotel apartment
Size: 849 sqft
Floor: 7th of 7
Parking: P2-63
Developer: Azizi Developments
Completed: 2018
Last sold: AED 626K · April 2024
Building: Montrell Serviced Apartments

About 701, Montrell Serviced Apartments

701 is a one-bedroom hotel apartment of 849 sqft on the 7th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 15 April 2024 for AED 626,422, or AED 737 per sqft, 5% below the AED 774 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 September 2024, is AED 57,750 a year: a gross yield of 9.2% on the 2024 price.

Sales and rents for 701 over time

Sales

Unit 701, each saleTypical one-bed in Montrell Serviced Apartments

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

Rents

Unit 701, each contractTypical one-bed in Montrell Serviced Apartments

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 701 sits

All 54 1-beds →

1-beds in Montrell Serviced Apartments · last 12 months995 /sqft Montrell Serviced Apartments · all types1,111 /sqft

701 last sold in April 2024 at AED 737 per sqft, 5% below what one-beds in Montrell Serviced Apartments were fetching at the time (AED 774). 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. 701's AED 57,750 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
4 Jun 20264 June 2026	683 sqft	670,000	980
21 Apr 202621 April 2026	767 sqft	840,000	1,094
5 Feb 20265 February 2026	683 sqft	680,000	995
29 Aug 202529 August 2025	849 sqft	800,000	941

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 7th floor

All 221 units in Montrell Serviced Apartments


702	Studio	394 sqft	AED 485KAED 485,000 · Oct 2025October 2025	36,000 /yr
703	Studio	387 sqft	AED 537KAED 536,881 · Jun 2017June 2017
704	Studio	390 sqft	AED 538KAED 538,073 · Jun 2017June 2017
705	1-bed	683 sqft	AED 680KAED 680,000 · Feb 2026February 2026	60,000 /yr
706	1-bed	741 sqft	AED 605KAED 605,440 · Jun 2020June 2020
707	Studio	383 sqft	AED 538KAED 537,547 · Jan 2018January 2018	35,000 /yr
708	Studio	367 sqft	AED 510KAED 510,231 · Mar 2018March 2018	38,000 /yr
709	Studio	358 sqft	AED 501KAED 500,884 · Feb 2017February 2017	35,000 /yr
710	Studio	363 sqft	AED 310KAED 310,480 · Mar 2022March 2022	40,000 /yr
711	Studio	429 sqft	AED 470KAED 470,000 · Apr 2025April 2025	43,000 /yr
712	Studio	457 sqft	AED 400KAED 400,000 · Feb 2024February 2024	50,000 /yr
713	Studio	458 sqft	AED 545KAED 545,000 · Nov 2018November 2018	43,000 /yr
714	Studio	488 sqft	AED 375KAED 375,000 · Sep 2023September 2023	51,600 /yr
715	1-bed	767 sqft	AED 834KAED 833,520 · Jan 2019January 2019	42,000 /yr
716	Studio	387 sqft	AED 535KAED 535,393 · May 2017May 2017	42,000 /yr
717	Studio	392 sqft	AED 584KAED 584,000 · Mar 2018March 2018	42,000 /yr
718	1-bed	767 sqft	AED 803KAED 803,160 · Jan 2019January 2019	43,000 /yr
719	Studio	408 sqft	AED 575KAED 575,000 · Jan 2018January 2018	57,600 /yr
720	Studio	409 sqft	AED 396KAED 396,000 · Jun 2019June 2019	25,000 /yr
721	Studio	408 sqft	AED 426KAED 425,697 · Sep 2018September 2018	40,000 /yr
722	Studio	114 sqft	AED 150KAED 150,000 · Jan 2025January 2025	38,000 /yr
723	Studio	333 sqft	AED 380KAED 380,120 · May 2019May 2019	41,000 /yr
724	Studio	365 sqft	AED 310KAED 310,000 · May 2023May 2023	48,000 /yr
725	Studio	367 sqft	AED 510KAED 510,231 · Apr 2018April 2018
726	Studio	383 sqft	AED 534KAED 534,349 · Jan 2017January 2017	46,000 /yr
727	1-bed	741 sqft	AED 700KAED 700,000 · Nov 2023November 2023	60,000 /yr
728	1-bed	683 sqft	AED 600KAED 600,256 · Apr 2024April 2024	53,000 /yr
729	Studio	390 sqft	AED 250KAED 250,000 · Jul 2022July 2022	49,000 /yr
730	Studio	387 sqft	AED 490KAED 490,000 · May 2025May 2025	42,000 /yr
731	Studio	394 sqft	AED 555KAED 555,434 · May 2017May 2017	39,000 /yr
732	1-bed	849 sqft	AED 889KAED 888,720 · Jan 2019January 2019	38,000 /yr

1–7 of 31

701, Montrell Serviced Apartments in numbers

Sold twice: first on 24 February 2019 for AED 688,091, last on 15 April 2024 for AED 626,422 (AED 737 per sqft).
Rented since July 2018 on 4 Ejari contracts, from AED 68,000 to AED 57,750 a year.
At AED 57,750 a year the gross yield on the 2024 price is 9.2%.
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 1 September 2024.

Questions about 701, Montrell Serviced Apartments

What did unit 701 last sell for?

AED 626,422 on 15 April 2024: AED 737 per sqft for 849 sqft. The unit has 2 registered sales; the first was AED 688,091 in February 2019.

What is the rent for unit 701?

AED 57,750 a year on the contract signed on 1 September 2024. The previous contract, from May 2023, was AED 53,000; the unit has been rented since July 2018.

How big is unit 701?

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

What is unit 701 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 701, Montrell Serviced Apartments

Starts from the last sale price (AED 626K, 15 April 2024). Switch to today's estimate once you have unlocked it.

Price: AED 626,422
Deposit, UAE resident (20%): AED 125,284
Deposit, non-resident (40%): AED 250,569
Monthly over 25 years at 3.7%: AED 2,563

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