Montrell Furnished Apartments offers fully furnished studios and one-bedroom apartments in a 10-storey residential complex built by Azizi Developments. The building is located in Al Furjan, which is part of the Jebel Ali District. The project was implemented between 2016 and 2018.
The building covers an area of 22,885 sq. m. (246,336 sq. ft.), and there are a total of 168 studios and 54 apartments. The complex has a two-level parking area and a lower level with retail and grocery stores. Units have modern interiors, comfortable layouts, stylish furnishings, updated appliances, and central air conditioning systems. Residents can also enjoy beautiful views of the city.
The size of a residence starts at 65 sq. m. (695 sq. ft.), and the price of a studio starts at AED 703,000 (USD 191,000).
Al Furjan is an excellent location for investing in profitable real estate. The area is in demand by tourists, families, and professionals. The rental market is strong, particularly for studios, apartments, and villas. Residents have easy access to transportation and several parks. The area also offers a well-developed infrastructure, and it is a safe place to live.
The average rate of return on investment rate for a one-bedroom apartment or studio can reach 7%, per annum. Local real estate is considered to have high liquidity and can be easily sold.