Studio · 374 sqftCandace Aster Serviced Residence, Al Furjan · 10th floor · completed 2017

1008, Candace Aster Serviced Residence

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

Unit 1008 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 520K8 July 2024
Current rentAED 50K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Candace Aster Serviced Residence

What is 1008 worth today?

Last sold for AED 520,000 in 2024

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28 Sep 2024RentedNew contract
AED 50,000/yr12 months · AED 134 per sqft
8 Jul 2024SoldReady
AED 520,000AED 1,390 per sqft
20 Sep 2023RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
15 Aug 2019RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
19 Dec 2017Sold by developerOff-plan
AED 509,178AED 1,361 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
Studio hotel apartment
Size
374 sqft
Floor
10th of 10
Parking
P2-63
Developer
Azizi Developments
Completed
2017
Last sold
AED 520K · July 2024

About 1008, Candace Aster Serviced Residence

1008 is a studio of 374 sqft on the 10th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 8 July 2024 for AED 520,000, or AED 1,390 per sqft, 17% above the AED 1,193 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 28 September 2024, is AED 50,000 a year: a gross yield of 9.6% on the 2024 price.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Candace Aster Serviced Residence
400K2016201920222025Typical sale price by year: 2016 AED 491,983; 2017 AED 495,689; 2018 AED 486,777; 2019 AED 400,000; 2020 AED 300,000; 2021 AED 325,000; 2022 AED 350,000; 2023 AED 417,500; 2024 AED 490,000; 2025 AED 520,000; 2026 AED 537,500Sold by developer, December 2017: AED 509,178 (AED 1,361 per sqft)Sold, July 2024: AED 520,000 (AED 1,390 per sqft)

1008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Candace Aster Serviced Residence
40K2018202120242027Typical rent by year: 2018 AED 36,000; 2019 AED 34,000; 2020 AED 26,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 37,250; 2024 AED 45,000; 2025 AED 47,000; 2026 AED 46,000New contract, August 2019: AED 30,000 a yearNew contract, September 2023: AED 40,000 a yearNew contract, September 2024: AED 50,000 a year

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

Studios in Candace Aster Serviced Residence, and where 1008 sits

All 159 studios →

1008 last sold in July 2024 at AED 1,390 per sqft, 17% above what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,193). Over the last 12 months studios sold for AED 480,000 to 600,000, around AED 1,412 per sqft, and rent for AED 34,178 to 68,400 a year. 1008's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Sep 2026560,000
17 Jul 2026575,000
6 Jul 2026550,000
29 Apr 2026515,000
10 studio 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 →
Value
10012-bedAED 1.22M · May 2024
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
1–7 of 22

1008, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 19 December 2017 for AED 509,178, last on 8 July 2024 for AED 520,000 (AED 1,390 per sqft).
  • Rented since August 2019 on 3 Ejari contracts, from AED 30,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 9.6%.
  • Studios in Candace Aster Serviced Residence sold for AED 480,000–600,000 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 28 September 2024.

Questions about 1008, Candace Aster Serviced Residence

What did unit 1008 last sell for?

AED 520,000 on 8 July 2024: AED 1,390 per sqft for 374 sqft. The unit has 2 registered sales; the first was AED 509,178 in December 2017.

What is the rent for unit 1008?

AED 50,000 a year on the contract signed on 28 September 2024. The previous contract, from September 2023, was AED 40,000; the unit has been rented since August 2019.

How big is unit 1008?

374 sqft (34.7 sqm): a studio on the 10th floor of a 10-storey tower completed in 2017.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Candace Aster Serviced Residence sold for AED 480,000 to 600,000 in the last 12 months, around AED 1,412 per sqft.

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Mortgage on 1008, Candace Aster Serviced Residence

Starts from the last sale price (AED 520K, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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