Studio · 371 sqftCandace Aster Serviced Residence, Al Furjan · 6th floor · completed 2017

607, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 487K10 January 2018
Current rentAED 42K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Candace Aster Serviced Residence

What is 607 worth today?

Last sold for AED 487,326 in 2018

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20 Nov 2023RentedNew contract
AED 42,000/yr12 months · AED 115 per sqft
1 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 96 per sqft
6 Sep 2021RentedRenewal
AED 24,000/yr12 months · AED 66 per sqft
6 Sep 2020RentedNew contract
AED 24,000/yr12 months · AED 66 per sqft
1 Aug 2019RentedNew contract
AED 31,000/yr12 months · AED 85 per sqft
10 Jan 2018Sold by developerOff-plan
AED 487,326AED 1,313 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
Studio hotel apartment
Size
371 sqft
Floor
6th of 10
Parking
P1-29
Developer
Azizi Developments
Completed
2017
Last sold
AED 487K · January 2018

About 607, Candace Aster Serviced Residence

607 is a studio of 371 sqft on the 6th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 10 January 2018 for AED 487,326, or AED 1,313 per sqft, in line with the AED 1,307 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 20 November 2023, is AED 42,000 a year: a gross yield of 8.6% on the 2018 price.

Sales and rents for 607 over time

Sales
Unit 607, 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, January 2018: AED 487,326 (AED 1,313 per sqft)

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

Rents
Unit 607, 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 2019: AED 31,000 a yearNew contract, September 2020: AED 24,000 a yearRenewal, September 2021: AED 24,000 a yearNew contract, October 2022: AED 35,000 a yearNew contract, November 2023: 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 607 sits

All 159 studios →

607 last sold in January 2018 at AED 1,313 per sqft, in line with what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,307). 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. 607'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
6012-bedAED 1.63M · Sep 2017
6021-bedAED 1.03M · Jan 2017
6031-bedAED 1.07M · Jan 2018
604StudioAED 483K · Oct 2016
6051-bedAED 831K · May 2024
606StudioAED 490K · Oct 2016
608StudioAED 484K · Oct 2016
1–7 of 22

607, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 10 January 2018 for AED 487,326, or AED 1,313 per sqft.
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 31,000 to AED 24,000 in 2021 and recovered to AED 42,000 by November 2023.
  • At AED 42,000 a year the gross yield on the 2018 price is 8.6%.
  • 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 November 2023.

Questions about 607, Candace Aster Serviced Residence

What did unit 607 last sell for?

AED 487,326 on 10 January 2018, sold by the developer: AED 1,313 per sqft for 371 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 42,000 a year on the contract signed on 20 November 2023. The previous contract, from October 2022, was AED 35,000; the unit has been rented since August 2019.

How big is unit 607?

371 sqft (34.5 sqm): a studio on the 6th floor of a 10-storey tower completed in 2017.

What is unit 607 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 607, Candace Aster Serviced Residence

Starts from the last sale price (AED 487K, 10 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 487,326
Deposit, UAE resident (20%)
AED 97,465
Deposit, non-resident (40%)
AED 194,930
Monthly over 25 years at 3.7%
AED 1,994

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