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2-bed · 1,137 sqftCandace Aster Serviced Residence, Al Furjan · 10th floor · completed 2017

1001, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 1.22M27 May 2024
Current rentAED 120K /yr20 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1001, Candace Aster Serviced Residence

What is 1001 worth today?

Last sold for AED 1,217,430 in 2024

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27 May 2024Sold by developerReady
AED 1,217,430AED 1,070 per sqft
20 Apr 2021RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
27 Aug 2019RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
2-bed hotel apartment
Size
1,137 sqft
Floor
10th of 10
Parking
P2-57
Developer
Azizi Developments
Completed
2017
Last sold
AED 1.22M · May 2024
Building
Candace Aster Serviced Residence

About 1001, Candace Aster Serviced Residence

1001 is a two-bedroom hotel apartment of 1,137 sqft on the 10th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 27 May 2024 for AED 1,217,430, or AED 1,070 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 20 April 2021, is AED 120,000 a year: a gross yield of 9.9% on the 2024 price.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Candace Aster Serviced Residence
1.2M1.4M1.6M20172019202120232025Typical sale price by year: 2017 AED 1,543,500; 2024 AED 1,253,280Sold by developer, May 2024: AED 1,217,430 (AED 1,070 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Candace Aster Serviced Residence
100K2018202120242027Typical rent by year: 2018 AED 79,000; 2019 AED 68,000; 2020 AED 62,500; 2021 AED 87,500; 2022 AED 65,000; 2023 AED 66,500; 2024 AED 90,000; 2025 AED 68,746; 2026 AED 90,000New contract, August 2019: AED 75,000 a yearNew contract, April 2021: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Candace Aster Serviced Residence, and where 1001 sits

All 9 2-beds →

Over the last 12 months two-beds sold for AED 1,160,003 to 1,275,000, around AED 1,070 per sqft, and rent for AED 76,000 to 105,000 a year. 1001's AED 120,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20261,275,000
29 Dec 20251,160,003
26 Dec 20241,290,000
13 Aug 2024921,960
2 2-bed sales in the last 12 months

Candace Aster Serviced Residence

Building

226 apartments, studios to 2-bed over 10 floors in Al Furjan, completed in 2017 by Azizi Developments. 14 sold in the last 12 months.

Typical price per sqft
AED 1,345 Up 16.7%
Typical sale
AED 564K
Typical rent
AED 50K /yr
Typical yield
8.6%
Candace Aster Serviced Residence, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 226 units in Candace Aster Serviced Residence
Value
10021-bedAED 753K · Feb 2023
10031-bedAED 1.1M · Jun 2017
1004StudioAED 520K · Aug 2025
10051-bedAED 875K · Sep 2025
1006StudioAED 517K · Aug 2017
1007StudioAED 445K · Sep 2023
1008StudioAED 520K · Jul 2024
1–7 of 22

1001, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 27 May 2024 for AED 1,217,430, or AED 1,070 per sqft.
  • Rented since August 2019 on 2 Ejari contracts, from AED 75,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 9.9%.
  • Two-beds in Candace Aster Serviced Residence sold for AED 1,160,003–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 1,345 per sqft.

Source: Dubai Land Department. Updated 27 May 2024.

Questions about 1001, Candace Aster Serviced Residence

What did unit 1001 last sell for?

AED 1,217,430 on 27 May 2024, sold by the developer: AED 1,070 per sqft for 1,137 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 120,000 a year on the contract signed on 20 April 2021. The previous contract, from August 2019, was AED 75,000.

How big is unit 1001?

1,137 sqft (105.6 sqm): a two-bedroom hotel apartment on the 10th floor of a 10-storey tower completed in 2017.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Candace Aster Serviced Residence sold for AED 1,160,003 to 1,275,000 in the last 12 months, around AED 1,070 per sqft.

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Mortgage on 1001, Candace Aster Serviced Residence

Starts from the last sale price (AED 1.22M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,217,430
Deposit, UAE resident (20%)
AED 243,486
Deposit, non-resident (40%)
AED 486,972
Monthly over 25 years at 3.7%
AED 4,981

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