Home
Dubai prices
About
Research
Studio · 409 sqftMontrell Serviced Apartments, Al Furjan · 7th floor · completed 2018

720, Montrell Serviced Apartments

Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 720 · DLD and Ejari recordsUpdated 15 September 2020
Last soldAED 396K23 June 2019
Current rentAED 25K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 720

Property timeline for 720, Montrell Serviced Apartments

What is 720 worth today?

Last sold for AED 396,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Sep 2020RentedRenewal
AED 25,000/yr12 months · AED 61 per sqft
15 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
15 Sep 2019RentedNew contract
AED 27,000/yr12 months · AED 66 per sqft
23 Jun 2019SoldReady
AED 396,000AED 968 per sqft
24 Feb 2019Sold by developerReady
AED 331,316AED 810 per sqft
15 Oct 2018RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 15 September 2020.

Key facts

Type
Studio hotel apartment
Size
409 sqft
Floor
7th of 7
Parking
P2-82
Developer
Azizi Developments
Completed
2018
Last sold
AED 396K · June 2019
Building
Montrell Serviced Apartments

About 720, Montrell Serviced Apartments

720 is a studio of 409 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 23 June 2019 for AED 396,000, or AED 968 per sqft, 13% below the AED 1,114 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 15 September 2020, is AED 25,000 a year: a gross yield of 6.3% on the 2019 price.

Sales and rents for 720 over time

Sales
Unit 720, 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, February 2019: AED 331,316 (AED 810 per sqft)Sold, June 2019: AED 396,000 (AED 968 per sqft)

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

Rents
Unit 720, each contractTypical studio in Montrell Serviced Apartments
30K40K2018202120242027Typical 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 2018: AED 30,000 a yearNew contract, September 2019: AED 27,000 a yearNew contract, October 2019: AED 30,000 a yearRenewal, September 2020: AED 25,000 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 720 sits

All 167 studios →

720 last sold in June 2019 at AED 968 per sqft, 13% below what studios in Montrell Serviced Apartments were fetching at the time (AED 1,114). 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. 720's AED 25,000 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
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

720, Montrell Serviced Apartments in numbers

  • Sold twice: first on 24 February 2019 for AED 331,316, last on 23 June 2019 for AED 396,000 (AED 968 per sqft).
  • Rented since October 2018 on 4 Ejari contracts, from AED 30,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2019 price is 6.3%.
  • 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 15 September 2020.

Questions about 720, Montrell Serviced Apartments

What did unit 720 last sell for?

AED 396,000 on 23 June 2019: AED 968 per sqft for 409 sqft. The unit has 2 registered sales; the first was AED 331,316 in February 2019.

What is the rent for unit 720?

AED 25,000 a year on the contract renewed on 15 September 2020. The previous contract, from October 2019, was AED 30,000; the unit has been rented since October 2018.

How big is unit 720?

409 sqft (38.0 sqm): a studio on the 7th floor of a 7-storey tower completed in 2018.

What is unit 720 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.

Selling 720? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 720, Montrell Serviced Apartments

Starts from the last sale price (AED 396K, 23 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 396,000
Deposit, UAE resident (20%)
AED 79,200
Deposit, non-resident (40%)
AED 158,400
Monthly over 25 years at 3.7%
AED 1,620

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