Studio · 387 sqftCandace Aster Serviced Residence, Al Furjan · 10th floor · completed 2017

1023, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1023 · DLD and Ejari recordsUpdated 1 May 2025

Last soldAED 490K26 June 2024

Current rentAED 40K /yr1 May 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1023, Candace Aster Serviced Residence

Today

What is 1023 worth today?

Last sold for AED 490,000 in 2024

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1 May 2025

1 May 2025RentedRenewal

AED 40,000/yr12 months · AED 103 per sqft

2 Sep 2024

2 Sep 2024RentedNew contract

AED 55,000/yr12 months · AED 142 per sqft

26 Jun 2024

26 Jun 2024SoldReady

AED 490,000AED 1,266 per sqft

1 May 2024

1 May 2024RentedNew contract

AED 48,000/yr12 months · AED 124 per sqft

21 Feb 2019

21 Feb 2019RentedRenewal

AED 37,000/yr12 months · AED 95 per sqft

21 Feb 2018

21 Feb 2018RentedNew contract

AED 40,000/yr12 months · AED 103 per sqft

8 Nov 2016

8 Nov 2016Sold by developerOff-plan

AED 515,046AED 1,330 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type: Studio hotel apartment
Size: 387 sqft
Floor: 10th of 10
Parking: P2-77
Developer: Azizi Developments
Completed: 2017
Last sold: AED 490K · June 2024
Building: Candace Aster Serviced Residence

About 1023, Candace Aster Serviced Residence

1023 is a studio of 387 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 26 June 2024 for AED 490,000, or AED 1,266 per sqft, 6% above the AED 1,193 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 40,000 a year: a gross yield of 8.2% on the 2024 price.

Sales and rents for 1023 over time

Sales

Unit 1023, each saleTypical studio in Candace Aster Serviced Residence

1023 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1023, each contractTypical studio in Candace Aster Serviced Residence

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 1023 sits

All 159 studios →

Studios in Candace Aster Serviced Residence · last 12 months1,412 /sqft Candace Aster Serviced Residence · all types1,345 /sqft

1023 last sold in June 2024 at AED 1,266 per sqft, 6% 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. 1023's AED 40,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
21 Sep 202621 September 2026	380 sqft	560,000	1,474
17 Jul 202617 July 2026	840 sqft	575,000	684
6 Jul 20266 July 2026	374 sqft	550,000	1,472
29 Apr 202629 April 2026	374 sqft	515,000	1,377

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 →

Other units on the 10th floor

All 226 units in Candace Aster Serviced Residence


1001	2-bed	1,137 sqft	AED 1.22MAED 1,217,430 · May 2024May 2024	120,000 /yr
1002	1-bed	761 sqft	AED 753KAED 753,000 · Feb 2023February 2023
1003	1-bed	760 sqft	AED 1.1MAED 1,103,240 · Jun 2017June 2017	65,000 /yr
1004	Studio	376 sqft	AED 520KAED 520,000 · Aug 2025August 2025	46,000 /yr
1005	1-bed	758 sqft	AED 875KAED 875,000 · Sep 2025September 2025	42,000 /yr
1006	Studio	379 sqft	AED 517KAED 516,700 · Aug 2017August 2017	40,000 /yr
1007	Studio	371 sqft	AED 445KAED 445,000 · Sep 2023September 2023	51,600 /yr
1008	Studio	374 sqft	AED 520KAED 520,000 · Jul 2024July 2024	50,000 /yr
1009	Studio	379 sqft	AED 320KAED 320,000 · Oct 2021October 2021	54,000 /yr
1010	Studio	380 sqft	AED 517KAED 516,763 · Jan 2017January 2017	52,000 /yr
1011	Studio	375 sqft	AED 300KAED 300,000 · Oct 2020October 2020	46,000 /yr
1012	Studio	374 sqft	AED 490KAED 490,000 · May 2024May 2024	45,000 /yr
1013	Studio	378 sqft	AED 504KAED 503,693 · Jan 2019January 2019	43,000 /yr
1014	Studio	377 sqft	AED 517KAED 517,088 · Oct 2016October 2016	42,000 /yr
1015	Studio	386 sqft	AED 515KAED 515,124 · Oct 2016October 2016	45,600 /yr
1016	1-bed	766 sqft	AED 800KAED 800,000 · Nov 2023November 2023	66,000 /yr
1017	Studio	374 sqft	AED 550KAED 550,000 · Jul 2026July 2026
1018	Studio	374 sqft	AED 470KAED 470,000 · Feb 2017February 2017	46,000 /yr
1019	1-bed	756 sqft	AED 853KAED 852,930 · Aug 2024August 2024	65,100 /yr
1020	Studio	375 sqft	AED 380KAED 380,000 · Mar 2023March 2023	66,000 /yr
1021	Studio	374 sqft	AED 502KAED 501,885 · Nov 2016November 2016	44,000 /yr
1022	1-bed	764 sqft	AED 861KAED 861,030 · May 2024May 2024	65,000 /yr

1–7 of 22

1023, Candace Aster Serviced Residence in numbers

Sold twice: first on 8 November 2016 for AED 515,046, last on 26 June 2024 for AED 490,000 (AED 1,266 per sqft).
Rented since February 2018 on 5 Ejari contracts, at AED 40,000 a year.
At AED 40,000 a year the gross yield on the 2024 price is 8.2%.
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 1 May 2025.

Questions about 1023, Candace Aster Serviced Residence

What did unit 1023 last sell for?

AED 490,000 on 26 June 2024: AED 1,266 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 515,046 in November 2016.

What is the rent for unit 1023?

AED 40,000 a year on the contract renewed on 1 May 2025. The previous contract, from September 2024, was AED 55,000; the unit has been rented since February 2018.

How big is unit 1023?

387 sqft (36.0 sqm): a studio on the 10th floor of a 10-storey tower completed in 2017.

What is unit 1023 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 1023, Candace Aster Serviced Residence

Starts from the last sale price (AED 490K, 26 June 2024). Switch to today's estimate once you have unlocked it.

Price: AED 490,000
Deposit, UAE resident (20%): AED 98,000
Deposit, non-resident (40%): AED 196,000
Monthly over 25 years at 3.7%: AED 2,005

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