Studio · 379 sqftCandace Aster Serviced Residence, Al Furjan · 4th floor · completed 2017

406, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in January 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 355K5 January 2020
Current rentAED 53K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Candace Aster Serviced Residence

What is 406 worth today?

Last sold for AED 355,000 in 2020

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1 Jul 2023RentedNew contract
AED 53,038/yr13 months · AED 140 per sqft
5 Jan 2020SoldReady
AED 355,000AED 936 per sqft
1 Mar 2019RentedNew contract
AED 36,104/yr12 months · AED 96 per sqft
1 May 2018RentedNew contract
AED 50,400/yr10 months · AED 133 per sqft
14 Jul 2016Sold by developerOff-plan
AED 468,405AED 1,235 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
Studio hotel apartment
Size
379 sqft
Floor
4th of 10
Parking
G-03
Developer
Azizi Developments
Completed
2017
Last sold
AED 355K · January 2020

About 406, Candace Aster Serviced Residence

406 is a studio of 379 sqft on the 4th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 5 January 2020 for AED 355,000, or AED 936 per sqft, 10% below the AED 1,042 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 July 2023, is AED 53,038 a year: a gross yield of 14.9% on the 2020 price.

Sales and rents for 406 over time

Sales
Unit 406, 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, July 2016: AED 468,405 (AED 1,235 per sqft)Sold, January 2020: AED 355,000 (AED 936 per sqft)

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

Rents
Unit 406, 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, May 2018: AED 50,400 a yearNew contract, March 2019: AED 36,104 a yearNew contract, July 2023: AED 53,038 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 406 sits

All 159 studios →

406 last sold in January 2020 at AED 936 per sqft, 10% below what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,042). 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. 406's AED 53,038 is in the upper 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
4012-bedAED 1.28M · Feb 2026
4021-bedAED 1M · May 2017
4031-bedAED 870K · Dec 2025
404StudioAED 280K · Jun 2020
4051-bedAED 985K · Feb 2018
407StudioAED 470K · Jun 2017
408StudioAED 515K · Apr 2026
1–7 of 22

406, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 14 July 2016 for AED 468,405, last on 5 January 2020 for AED 355,000 (AED 936 per sqft).
  • Rented since May 2018 on 3 Ejari contracts. The rent fell from AED 50,400 to AED 36,104 in 2019 and recovered to AED 53,038 by July 2023.
  • At AED 53,038 a year the gross yield on the 2020 price is 14.9%.
  • 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 July 2023.

Questions about 406, Candace Aster Serviced Residence

What did unit 406 last sell for?

AED 355,000 on 5 January 2020: AED 936 per sqft for 379 sqft. The unit has 2 registered sales; the first was AED 468,405 in July 2016.

What is the rent for unit 406?

AED 53,038 a year on the contract signed on 1 July 2023. The previous contract, from March 2019, was AED 36,104; the unit has been rented since May 2018.

How big is unit 406?

379 sqft (35.2 sqm): a studio on the 4th floor of a 10-storey tower completed in 2017.

What is unit 406 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 406, Candace Aster Serviced Residence

Starts from the last sale price (AED 355K, 5 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

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