Studio · 374 sqftCandace Aster Serviced Residence, Al Furjan · 3rd floor · completed 2017

312, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 471K30 March 2017
Current rentAED 43K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Candace Aster Serviced Residence

What is 312 worth today?

Last sold for AED 470,670 in 2017

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1 Oct 2024RentedRenewal
AED 43,000/yr12 months · AED 114 per sqft
1 Oct 2024RentedRenewal
AED 43,000/yr12 months · AED 117 per sqft
1 Oct 2023RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
1 Sep 2022RentedRenewal
AED 28,600/yr12 months · AED 76 per sqft
1 Sep 2021RentedNew contract
AED 26,000/yr12 months · AED 69 per sqft
24 Aug 2020RentedNew contract
AED 23,000/yr12 months · AED 61 per sqft
1 Mar 2020RentedNew contract
AED 29,000/yr12 months · AED 77 per sqft
1 Aug 2018RentedNew contract
AED 36,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio hotel apartment
Size
374 sqft
Floor
3rd of 10
Parking
B-64
Developer
Azizi Developments
Completed
2017
Last sold
AED 471K · March 2017

About 312, Candace Aster Serviced Residence

312 is a studio of 374 sqft on the 3rd floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 30 March 2017 for AED 470,670, or AED 1,256 per sqft, 3% below the AED 1,296 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 43,000 a year: a gross yield of 9.1% on the 2017 price.

Sales and rents for 312 over time

Sales
Unit 312, 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, March 2017: AED 470,670 (AED 1,256 per sqft)

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

Rents
Unit 312, 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, August 2018: AED 36,000 a yearNew contract, March 2020: AED 29,000 a yearNew contract, August 2020: AED 23,000 a yearNew contract, September 2021: AED 26,000 a yearRenewal, September 2022: AED 28,600 a yearNew contract, October 2023: AED 40,000 a yearRenewal, October 2024: AED 43,000 a yearRenewal, October 2024: AED 43,000 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 312 sits

All 159 studios →

312 last sold in March 2017 at AED 1,256 per sqft, 3% 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. 312's AED 43,000 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
3012-bedAED 1.29M · Dec 2024
3021-bedAED 943K · Jun 2017
3031-bedAED 878K · Aug 2024
304StudioAED 568K · Feb 2026
3051-bedAED 924K · Jun 2024
306StudioAED 473K · Feb 2018
307StudioAED 410K · Oct 2023
1–7 of 22

312, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 30 March 2017 for AED 470,670, or AED 1,256 per sqft.
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 36,000 to AED 23,000 in 2020 and recovered to AED 43,000 by October 2024.
  • At AED 43,000 a year the gross yield on the 2017 price is 9.1%.
  • 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 October 2024.

Questions about 312, Candace Aster Serviced Residence

What did unit 312 last sell for?

AED 470,670 on 30 March 2017, sold by the developer: AED 1,256 per sqft for 374 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 43,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 43,000; the unit has been rented since August 2018.

How big is unit 312?

374 sqft (34.7 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2017.

What is unit 312 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 312, Candace Aster Serviced Residence

Starts from the last sale price (AED 471K, 30 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 470,670
Deposit, UAE resident (20%)
AED 94,134
Deposit, non-resident (40%)
AED 188,268
Monthly over 25 years at 3.7%
AED 1,926

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