Studio · 457 sqftMontrell Serviced Apartments, Al Furjan · 7th floor · completed 2018

712, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 23 March 2026
Last soldAED 400K21 February 2024
Current rentAED 50K /yr23 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Montrell Serviced Apartments

What is 712 worth today?

Last sold for AED 400,000 in 2024

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23 Mar 2026RentedNew contract
AED 50,000/yr12 months · AED 109 per sqft
23 Jul 2024RentedNew contract
AED 29,706/yr5 months · AED 66 per sqft
21 Feb 2024SoldReady
AED 400,000AED 874 per sqft
23 Jul 2023RentedRenewal
AED 29,700/yr12 months · AED 66 per sqft
23 Jul 2022RentedNew contract
AED 27,000/yr12 months · AED 60 per sqft
1 May 2021RentedNew contract
AED 22,000/yr12 months · AED 49 per sqft
1 Oct 2020RentedNew contract
AED 22,000/yr12 months · AED 49 per sqft
1 Feb 2020RentedRenewal
AED 30,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 23 March 2026.

Key facts

Type
Studio hotel apartment
Size
457 sqft
Floor
7th of 7
Parking
P2-74
Developer
Azizi Developments
Completed
2018
Last sold
AED 400K · February 2024

About 712, Montrell Serviced Apartments

712 is a studio of 457 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 21 February 2024 for AED 400,000, or AED 874 per sqft, 10% below the AED 972 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 23 March 2026, is AED 50,000 a year: a gross yield of 12.5% on the 2024 price.

Sales and rents for 712 over time

Sales
Unit 712, 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, May 2017: AED 633,955 (AED 1,386 per sqft)Sold, February 2024: AED 400,000 (AED 874 per sqft)

712 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 712, each contractTypical studio in Montrell Serviced Apartments
20K40K2018202120242027Typical 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 34,000 a yearRenewal, February 2020: AED 30,000 a yearNew contract, October 2020: AED 22,000 a yearNew contract, May 2021: AED 22,000 a yearNew contract, July 2022: AED 27,000 a yearRenewal, July 2023: AED 29,700 a yearNew contract, July 2024: AED 29,706 a yearNew contract, March 2026: AED 50,000 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 712 sits

All 167 studios →

712 last sold in February 2024 at AED 874 per sqft, 10% below what studios in Montrell Serviced Apartments were fetching at the time (AED 972). 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. 712's AED 50,000 is in the upper 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
7011-bedAED 626K · Apr 2024
702StudioAED 485K · Oct 2025
703StudioAED 537K · Jun 2017
704StudioAED 538K · Jun 2017
7051-bedAED 680K · Feb 2026
7061-bedAED 605K · Jun 2020
707StudioAED 538K · Jan 2018
1–7 of 31

712, Montrell Serviced Apartments in numbers

  • Sold twice: first on 24 May 2017 for AED 633,955, last on 21 February 2024 for AED 400,000 (AED 874 per sqft).
  • Rented since February 2019 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 22,000 in 2021 and recovered to AED 50,000 by March 2026.
  • At AED 50,000 a year the gross yield on the 2024 price is 12.5%.
  • 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 23 March 2026.

Questions about 712, Montrell Serviced Apartments

What did unit 712 last sell for?

AED 400,000 on 21 February 2024: AED 874 per sqft for 457 sqft. The unit has 2 registered sales; the first was AED 633,955 in May 2017.

What is the rent for unit 712?

AED 50,000 a year on the contract signed on 23 March 2026. The previous contract, from July 2024, was AED 29,706; the unit has been rented since February 2019.

How big is unit 712?

457 sqft (42.5 sqm): a studio on the 7th floor of a 7-storey tower completed in 2018.

What is unit 712 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 712, Montrell Serviced Apartments

Starts from the last sale price (AED 400K, 21 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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