Project · Transactions · 2023

Montrell Hotel Aprtments Property Transactions 2023

24 property sales worth ⃃ 10.35M were registered in Montrell Hotel Aprtments in 2023, 100.0% higher than 2022 by number of sales. The median sale price was ⃃ 393,000 and the median price per square foot ⃃ 866 (+7.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 24 salesUpdated: 13 Nov 2026
Property sales
24
+100.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 10.35M
+100.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 393,000
+25.7% vs 2022
24 sales
Median price per sq ft
⃃ 866
+7.4% vs 2022
24 sales

What types of property sold in Montrell Hotel Aprtments in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments24100%⃃ 10.35M⃃ 393,000⃃ 866

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)1145.8%⃃ 5.5M⃃ 468,651⃃ 1,032
Resale (secondary)1354.2%⃃ 4.85M⃃ 350,000⃃ 858
Ready24100%⃃ 10.35M⃃ 393,000⃃ 866

How many rental contracts were registered in Montrell Hotel Aprtments in 2023?

142 rental contracts (new and renewed) were registered in Montrell Hotel Aprtments in 2023, at a median annual rent of ⃃ 35,000 (+25.0% on 2022). Rental yields in Montrell Hotel Aprtments

What were the most expensive property sales in Montrell Hotel Aprtments in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/10/2023Azizi Montrell1 bed · Apartment849 sq ft⃃ 722,071Primary · Ready
28/11/2023Azizi Montrell1 bed · Apartment741 sq ft⃃ 700,000Resale · Ready
07/02/2023Azizi Montrell1 bed · Apartment767 sq ft⃃ 618,350Primary · Ready
26/06/2023Azizi Montrell1 bed · Apartment767 sq ft⃃ 581,880Primary · Ready
27/04/2023Azizi Montrell1 bed · Apartment683 sq ft⃃ 540,153Primary · Ready
14/09/2023Azizi MontrellStudio · Apartment383 sq ft⃃ 511,000Primary · Ready
12/04/2023Azizi MontrellStudio · Apartment454 sq ft⃃ 468,651Primary · Ready
18/05/2023Azizi MontrellStudio · Apartment365 sq ft⃃ 443,760Primary · Ready
27/04/2023Azizi MontrellStudio · Apartment419 sq ft⃃ 432,900Primary · Ready
27/04/2023Azizi MontrellStudio · Apartment408 sq ft⃃ 422,019Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
19/12/2023Azizi MontrellStudio · Apartment458 sq ft⃃ 406,000Resale · Ready
13/12/2023Azizi MontrellStudio · Apartment367 sq ft⃃ 380,000Resale · Ready
28/11/2023Azizi Montrell1 bed · Apartment741 sq ft⃃ 700,000Resale · Ready
09/10/2023Azizi Montrell1 bed · Apartment849 sq ft⃃ 722,071Primary · Ready
14/09/2023Azizi MontrellStudio · Apartment488 sq ft⃃ 375,000Resale · Ready
14/09/2023Azizi MontrellStudio · Apartment383 sq ft⃃ 511,000Primary · Ready
09/08/2023Azizi MontrellStudio · Apartment392 sq ft⃃ 340,000Primary · Ready
08/08/2023Azizi MontrellStudio · Apartment405 sq ft⃃ 350,000Resale · Ready
07/08/2023Azizi MontrellStudio · Apartment411 sq ft⃃ 298,600Resale · Ready
31/07/2023Azizi MontrellStudio · Apartment333 sq ft⃃ 365,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/montrell-hotel-aprtments/2023
Montrell Hotel Aprtments Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/montrell-hotel-aprtments/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Montrell Hotel Aprtments in 2023?
24 property sales worth ⃃ 10,347,533 were registered in Montrell Hotel Aprtments in 2023. That is 100.0% higher than 2022.
What was the median property price in Montrell Hotel Aprtments in 2023?
The median sale price was ⃃ 393,000 and the median price per square foot ⃃ 866 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Montrell Hotel Aprtments were off-plan or from developers?
Developer (primary) sales were 45.8% of the 24 sales and resales 54.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/montrell-hotel-aprtments/2023