Studio · 375 sqftCandace Aster Serviced Residence, Al Furjan · 3rd floor · completed 2017

320, Candace Aster Serviced Residence

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

Unit 320 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 469K16 November 2017
Current rentAED 42K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 320, Candace Aster Serviced Residence

What is 320 worth today?

Last sold for AED 468,954 in 2017

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20 Aug 2024RentedNew contract
AED 42,000/yr12 months · AED 111 per sqft
5 Jul 2023RentedNew contract
AED 34,500/yr12 months · AED 92 per sqft
10 Jun 2022RentedNew contract
AED 32,000/yr12 months · AED 85 per sqft
4 Feb 2021RentedNew contract
AED 23,000/yr12 months · AED 61 per sqft
5 Dec 2018RentedNew contract
AED 34,000/yr12 months · AED 90 per sqft
16 Nov 2017Sold by developerOff-plan
AED 468,954AED 1,250 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
Studio hotel apartment
Size
375 sqft
Floor
3rd of 10
Parking
B-71
Developer
Azizi Developments
Completed
2017
Last sold
AED 469K · November 2017

About 320, Candace Aster Serviced Residence

320 is a studio of 375 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 16 November 2017 for AED 468,954, or AED 1,250 per sqft, 3% below the AED 1,292 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 20 August 2024, is AED 42,000 a year: a gross yield of 9.0% on the 2017 price.

Sales and rents for 320 over time

Sales
Unit 320, 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, November 2017: AED 468,954 (AED 1,250 per sqft)

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

Rents
Unit 320, 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, December 2018: AED 34,000 a yearNew contract, February 2021: AED 23,000 a yearNew contract, June 2022: AED 32,000 a yearNew contract, July 2023: AED 34,500 a yearNew contract, August 2024: AED 42,000 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 320 sits

All 159 studios →

320 last sold in November 2017 at AED 1,250 per sqft, 3% below what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,292). 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. 320's AED 42,000 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

320, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 16 November 2017 for AED 468,954, or AED 1,250 per sqft.
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 34,000 to AED 23,000 in 2021 and recovered to AED 42,000 by August 2024.
  • At AED 42,000 a year the gross yield on the 2017 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 20 August 2024.

Questions about 320, Candace Aster Serviced Residence

What did unit 320 last sell for?

AED 468,954 on 16 November 2017, sold by the developer: AED 1,250 per sqft for 375 sqft. It is the only registered sale of the unit.

What is the rent for unit 320?

AED 42,000 a year on the contract signed on 20 August 2024. The previous contract, from July 2023, was AED 34,500; the unit has been rented since December 2018.

How big is unit 320?

375 sqft (34.8 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2017.

What is unit 320 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 320, Candace Aster Serviced Residence

Starts from the last sale price (AED 469K, 16 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 468,954
Deposit, UAE resident (20%)
AED 93,791
Deposit, non-resident (40%)
AED 187,582
Monthly over 25 years at 3.7%
AED 1,919

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