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Studio · 394 sqftMontrell Serviced Apartments, Al Furjan · 7th floor · completed 2018

702, Montrell Serviced Apartments

Sold prices and rental history: sold 3 times, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 13 October 2025
Last soldAED 485K13 October 2025
Current rentAED 36K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Montrell Serviced Apartments

What is 702 worth today?

Last sold for AED 485,000 in 2025

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13 Oct 2025SoldReady
AED 485,000AED 1,231 per sqft
10 Jul 2024RentedRenewal
AED 36,000/yr12 months · AED 90 per sqft
10 Jul 2023RentedNew contract
AED 30,450/yr12 months · AED 76 per sqft
10 Jul 2022RentedNew contract
AED 29,000/yr12 months · AED 73 per sqft
6 Jul 2022SoldReady
AED 300,000AED 761 per sqft
1 Jul 2021RentedNew contract
AED 23,000/yr12 months · AED 58 per sqft
1 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
16 Oct 2017Sold by developerOff-plan
AED 542,538AED 1,377 per sqft

Source: Dubai Land Department. Updated 13 October 2025.

Key facts

Type
Studio hotel apartment
Size
394 sqft
Floor
7th of 7
Parking
P2-64
Developer
Azizi Developments
Completed
2018
Last sold
AED 485K · October 2025
Building
Montrell Serviced Apartments

About 702, Montrell Serviced Apartments

702 is a studio of 394 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 13 October 2025 for AED 485,000, or AED 1,231 per sqft, in line with the AED 1,225 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 July 2024, is AED 36,000 a year: a gross yield of 7.4% on the 2025 price.

Sales and rents for 702 over time

Sales
Unit 702, 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, October 2017: AED 542,538 (AED 1,377 per sqft)Sold, July 2022: AED 300,000 (AED 761 per sqft)Sold, October 2025: AED 485,000 (AED 1,231 per sqft)

702 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 702, 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, October 2019: AED 36,000 a yearNew contract, July 2021: AED 23,000 a yearNew contract, July 2022: AED 29,000 a yearNew contract, July 2023: AED 30,450 a yearRenewal, July 2024: 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 702 sits

All 167 studios →

702 last sold in October 2025 at AED 1,231 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,225). 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. 702'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 →

Other units on the 7th floor

All 221 units in Montrell Serviced Apartments
Value
7011-bedAED 626K · Apr 2024
703StudioAED 537K · Jun 2017
704StudioAED 538K · Jun 2017
7051-bedAED 680K · Feb 2026
7061-bedAED 605K · Jun 2020
707StudioAED 538K · Jan 2018
708StudioAED 510K · Mar 2018
1–7 of 31

702, Montrell Serviced Apartments in numbers

  • Sold 3 times: first on 16 October 2017 for AED 542,538, last on 13 October 2025 for AED 485,000 (AED 1,231 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 23,000 in 2021 and recovered to AED 36,000 by July 2024.
  • At AED 36,000 a year the gross yield on the 2025 price is 7.4%.
  • 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 13 October 2025.

Questions about 702, Montrell Serviced Apartments

What did unit 702 last sell for?

AED 485,000 on 13 October 2025: AED 1,231 per sqft for 394 sqft. The unit has 3 registered sales; the first was AED 542,538 in October 2017.

What is the rent for unit 702?

AED 36,000 a year on the contract renewed on 10 July 2024. The previous contract, from July 2023, was AED 30,450; the unit has been rented since October 2019.

How big is unit 702?

394 sqft (36.6 sqm): a studio on the 7th floor of a 7-storey tower completed in 2018.

What is unit 702 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 702, Montrell Serviced Apartments

Starts from the last sale price (AED 485K, 13 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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