716, Montrell Serviced Apartments
Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Montrell Serviced Apartments
What is 716 worth today?
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Source: Dubai Land Department. Updated 3 October 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 387 sqft
- Floor
- 7th of 7
- Parking
- P2-78
- Developer
- Azizi Developments
- Completed
- 2018
- Last sold
- AED 535K · May 2017
- Building
- Montrell Serviced Apartments
About 716, Montrell Serviced Apartments
716 is a studio of 387 sqft on the 7th floor of Montrell Serviced Apartments, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 17 May 2017 for AED 535,393, or AED 1,383 per sqft, in line with the AED 1,344 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 3 October 2025, is AED 42,000 a year: a gross yield of 7.8% on the 2017 price.
Sales and rents for 716 over time
716 has sold once; the dashed line is the studio median of each year in the building.
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 716 sits
All 167 studios →716 last sold in May 2017 at AED 1,383 per sqft, in line with what studios in Montrell Serviced Apartments were fetching at the time (AED 1,344). 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. 716's AED 42,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 367 sqft | 468,500 | 1,274 | ||
| 6 Sep 20266 September 2026 | 390 sqft | 400,000 | 1,026 | ||
| 31 Mar 202631 March 2026 | 409 sqft | 400,000 | 977 | ||
| 31 Mar 202631 March 2026 | 408 sqft | 400,000 | 980 |
Montrell Serviced Apartments
Building221 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%
Other units on the 7th floor
All 221 units in Montrell Serviced Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 849 sqft | AED 626KAED 626,422 · Apr 2024April 2024 | 57,750 /yr | |
| 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 | |
| 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 |
716, Montrell Serviced Apartments in numbers
- Sold once: by Azizi Developments on 17 May 2017 for AED 535,393, or AED 1,383 per sqft.
- Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 37,000 to AED 23,000 in 2020 and recovered to AED 42,000 by October 2025.
- At AED 42,000 a year the gross yield on the 2017 price is 7.8%.
- 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 3 October 2025.
Questions about 716, Montrell Serviced Apartments
What did unit 716 last sell for?
AED 535,393 on 17 May 2017, sold by the developer: AED 1,383 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 716?
AED 42,000 a year on the contract signed on 3 October 2025. The previous contract, from October 2025, was AED 38,000; the unit has been rented since October 2018.
How big is unit 716?
387 sqft (36.0 sqm): a studio on the 7th floor of a 7-storey tower completed in 2018.
What is unit 716 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 716, Montrell Serviced Apartments
Starts from the last sale price (AED 535K, 17 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 535,393
- Deposit, UAE resident (20%)
- AED 107,079
- Deposit, non-resident (40%)
- AED 214,157
- Monthly over 25 years at 3.7%
- AED 2,190
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →