118, Candace Aster Serviced Residence
Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Candace Aster Serviced Residence
What is 118 worth today?
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Source: Dubai Land Department. Updated 29 March 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 374 sqft
- Floor
- 1st of 10
- Parking
- B-15
- Developer
- Azizi Developments
- Completed
- 2017
- Last sold
- AED 520K · October 2024
- Building
- Candace Aster Serviced Residence
About 118, Candace Aster Serviced Residence
118 is a studio of 374 sqft on the 1st floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 30 October 2024 for AED 520,000, or AED 1,388 per sqft, 8% above the AED 1,285 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 29 March 2025, is AED 64,200 a year: a gross yield of 12.3% on the 2024 price.
Sales and rents for 118 over time
118 has sold 4 times; the dashed line is the studio median of each year in the building.
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 118 sits
All 159 studios →118 last sold in October 2024 at AED 1,388 per sqft, 8% above what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,285). 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. 118's AED 64,200 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Candace Aster Serviced Residence
Building226 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%
Other units on the 1st floor
All 226 units in Candace Aster Serviced Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 104 | Studio | 468 sqft | AED 487KAED 486,806 · Dec 2016December 2016 | 28,000 /yr | |
| 105 | 1-bed | 1,004 sqft | AED 1.13MAED 1,130,681 · Jan 2018January 2018 | 59,525 /yr | |
| 106 | Studio | 512 sqft | AED 250KAED 250,000 · Jul 2018July 2018 | 32,005 /yr | |
| 107 | Studio | 500 sqft | AED 498KAED 498,000 · Dec 2016December 2016 | 47,000 /yr | |
| 108 | Studio | 502 sqft | AED 466KAED 466,470 · Oct 2025October 2025 | 40,000 /yr | |
| 109 | Studio | 512 sqft | AED 500KAED 500,000 · Dec 2018December 2018 | ||
| 110 | Studio | 512 sqft | AED 565KAED 565,000 · Oct 2025October 2025 | 53,000 /yr | |
| 111 | Studio | 481 sqft | AED 509KAED 508,980 · Nov 2017November 2017 | 50,000 /yr | |
| 113 | Studio | 509 sqft | AED 543KAED 542,543 · Apr 2017April 2017 | 60,000 /yr | |
| 114 | Studio | 507 sqft | AED 525KAED 525,000 · Apr 2025April 2025 | 48,000 /yr | |
| 115 | Studio | 632 sqft | AED 636KAED 636,000 · Oct 2016October 2016 | 45,000 /yr | |
| 116 | 1-bed | 1,553 sqft | No registered sale | ||
| 117 | Studio | 494 sqft | AED 600KAED 600,000 · Sep 2025September 2025 | 40,000 /yr | |
| 119 | 1-bed | 754 sqft | AED 884KAED 884,340 · Oct 2016October 2016 | 58,800 /yr | |
| 120 | Studio | 375 sqft | AED 530KAED 530,000 · Aug 2025August 2025 | 42,000 /yr | |
| 121 | Studio | 494 sqft | AED 420KAED 420,000 · May 2025May 2025 | 47,000 /yr | |
| 122 | 1-bed | 1,552 sqft | No registered sale | 52,000 /yr | |
| 123 | Studio | 840 sqft | AED 575KAED 575,000 · Jul 2026July 2026 | 44,500 /yr |
118, Candace Aster Serviced Residence in numbers
- Sold 4 times: first on 15 January 2017 for AED 441,660, last on 30 October 2024 for AED 520,000 (AED 1,388 per sqft).
- Rented since December 2019 on 5 Ejari contracts, from AED 30,000 to AED 64,200 a year.
- At AED 64,200 a year the gross yield on the 2024 price is 12.3%.
- 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 29 March 2025.
Questions about 118, Candace Aster Serviced Residence
What did unit 118 last sell for?
AED 520,000 on 30 October 2024: AED 1,388 per sqft for 374 sqft. The unit has 4 registered sales; the first was AED 441,660 in January 2017.
What is the rent for unit 118?
AED 64,200 a year on the contract renewed on 29 March 2025. The previous contract, from March 2024, was AED 64,200; the unit has been rented since December 2019.
How big is unit 118?
374 sqft (34.7 sqm): a studio on the 1st floor of a 10-storey tower completed in 2017.
What is unit 118 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 118, Candace Aster Serviced Residence
Starts from the last sale price (AED 520K, 30 October 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 →