Studio · 376 sqftCandace Aster Serviced Residence, Al Furjan · 2nd floor · completed 2017

204, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 434K19 December 2016
Current rentAED 39K /yr22 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Candace Aster Serviced Residence

What is 204 worth today?

Last sold for AED 433,776 in 2016

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22 May 2023RentedNew contract
AED 39,000/yr12 months · AED 104 per sqft
15 May 2022RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
19 May 2021RentedNew contract
AED 22,000/yr12 months · AED 59 per sqft
15 Apr 2019RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
3 Apr 2018RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
19 Dec 2016Sold by developerOff-plan
AED 433,776AED 1,154 per sqft

Source: Dubai Land Department. Updated 22 May 2023.

Key facts

Type
Studio hotel apartment
Size
376 sqft
Floor
2nd of 10
Parking
B-24
Developer
Azizi Developments
Completed
2017
Last sold
AED 434K · December 2016

About 204, Candace Aster Serviced Residence

204 is a studio of 376 sqft on the 2nd floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 19 December 2016 for AED 433,776, or AED 1,154 per sqft, 11% below the AED 1,296 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 22 May 2023, is AED 39,000 a year: a gross yield of 9.0% on the 2016 price.

Sales and rents for 204 over time

Sales
Unit 204, 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 2016: AED 433,776 (AED 1,154 per sqft)

204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 204, each contractTypical studio in Candace Aster Serviced Residence
20K40K2018202120242027Typical 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, April 2018: AED 40,000 a yearNew contract, April 2019: AED 40,000 a yearNew contract, May 2021: AED 22,000 a yearNew contract, May 2022: AED 30,000 a yearNew contract, May 2023: AED 39,000 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 204 sits

All 159 studios →

204 last sold in December 2016 at AED 1,154 per sqft, 11% below what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,296). 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. 204's AED 39,000 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
2012-bedAED 1.54M · May 2017
2021-bedAED 879K · Jun 2017
2031-bedAED 930K · Jan 2017
2051-bedAED 615K · Apr 2023
206StudioAED 540K · Nov 2025
207StudioAED 434K · Oct 2016
208StudioAED 500K · May 2025
1–7 of 22

204, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 19 December 2016 for AED 433,776, or AED 1,154 per sqft.
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 22,000 in 2021 and recovered to AED 39,000 by May 2023.
  • At AED 39,000 a year the gross yield on the 2016 price is 9.0%.
  • 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 22 May 2023.

Questions about 204, Candace Aster Serviced Residence

What did unit 204 last sell for?

AED 433,776 on 19 December 2016, sold by the developer: AED 1,154 per sqft for 376 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 39,000 a year on the contract signed on 22 May 2023. The previous contract, from May 2022, was AED 30,000; the unit has been rented since April 2018.

How big is unit 204?

376 sqft (34.9 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2017.

What is unit 204 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 204, Candace Aster Serviced Residence

Starts from the last sale price (AED 434K, 19 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 433,776
Deposit, UAE resident (20%)
AED 86,755
Deposit, non-resident (40%)
AED 173,510
Monthly over 25 years at 3.7%
AED 1,775

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