Studio · 387 sqftCandace Aster Serviced Residence, Al Furjan · 6th floor · completed 2017

623, Candace Aster Serviced Residence

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

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Unit 623 · DLD and Ejari recordsUpdated 8 November 2022

Last soldAED 495K28 June 2017

Current rentAED 26K /yr8 November 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 623, Candace Aster Serviced Residence

Today

What is 623 worth today?

Last sold for AED 494,521 in 2017

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8 Nov 2022

8 Nov 2022RentedRenewal

AED 26,000/yr12 months · AED 67 per sqft

8 Nov 2021

8 Nov 2021RentedRenewal

AED 26,000/yr12 months · AED 67 per sqft

8 Oct 2020

8 Oct 2020RentedRenewal

AED 22,000/yr13 months · AED 57 per sqft

8 Oct 2019

8 Oct 2019RentedNew contract

AED 30,000/yr12 months · AED 77 per sqft

21 Sep 2018

21 Sep 2018RentedNew contract

AED 35,000/yr12 months · AED 90 per sqft

28 Jun 2017

28 Jun 2017Sold by developerOff-plan

AED 494,521AED 1,277 per sqft

Source: Dubai Land Department. Updated 8 November 2022.

Key facts

Type: Studio hotel apartment
Size: 387 sqft
Floor: 6th of 10
Parking: P1-44
Developer: Azizi Developments
Completed: 2017
Last sold: AED 495K · June 2017
Building: Candace Aster Serviced Residence

About 623, Candace Aster Serviced Residence

623 is a studio of 387 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 28 June 2017 for AED 494,521, or AED 1,277 per sqft, in line with the AED 1,297 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 8 November 2022, is AED 26,000 a year: a gross yield of 5.3% on the 2017 price.

Sales and rents for 623 over time

Sales

Unit 623, each saleTypical studio in Candace Aster Serviced Residence

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

Rents

Unit 623, each contractTypical studio in Candace Aster Serviced Residence

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 623 sits

All 159 studios →

Studios in Candace Aster Serviced Residence · last 12 months1,412 /sqft Candace Aster Serviced Residence · all types1,345 /sqft

623 last sold in June 2017 at AED 1,277 per sqft, in line with what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,297). 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. 623's AED 26,000 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
21 Sep 202621 September 2026	380 sqft	560,000	1,474
17 Jul 202617 July 2026	840 sqft	575,000	684
6 Jul 20266 July 2026	374 sqft	550,000	1,472
29 Apr 202629 April 2026	374 sqft	515,000	1,377

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 →

Other units on the 6th floor

All 226 units in Candace Aster Serviced Residence


601	2-bed	1,137 sqft	AED 1.63MAED 1,629,700 · Sep 2017September 2017
602	1-bed	761 sqft	AED 1.03MAED 1,028,302 · Jan 2017January 2017	65,000 /yr
603	1-bed	760 sqft	AED 1.07MAED 1,068,883 · Jan 2018January 2018	68,000 /yr
604	Studio	376 sqft	AED 483KAED 482,696 · Oct 2016October 2016
605	1-bed	758 sqft	AED 831KAED 830,830 · May 2024May 2024	60,000 /yr
606	Studio	379 sqft	AED 490KAED 490,046 · Oct 2016October 2016
607	Studio	371 sqft	AED 487KAED 487,326 · Jan 2018January 2018	42,000 /yr
608	Studio	374 sqft	AED 484KAED 484,198 · Oct 2016October 2016
609	Studio	379 sqft	AED 511KAED 510,992 · Sep 2018September 2018	55,000 /yr
610	Studio	380 sqft	AED 525KAED 525,000 · Jun 2017June 2017	50,000 /yr
611	Studio	375 sqft	AED 493KAED 492,872 · Sep 2016September 2016	45,000 /yr
612	Studio	374 sqft	AED 490KAED 490,000 · Aug 2024August 2024	48,000 /yr
613	Studio	378 sqft	AED 440KAED 440,000 · Nov 2018November 2018	39,328 /yr
614	Studio	377 sqft	AED 450KAED 450,000 · Sep 2023September 2023	29,000 /yr
615	Studio	386 sqft	AED 505KAED 504,689 · Apr 2017April 2017	45,000 /yr
616	1-bed	766 sqft	AED 530KAED 530,000 · May 2022May 2022	65,000 /yr
617	Studio	374 sqft	AED 485KAED 484,766 · Nov 2016November 2016	40,000 /yr
618	Studio	374 sqft	AED 375KAED 375,000 · Jul 2023July 2023	39,600 /yr
619	1-bed	756 sqft	AED 1.06MAED 1,061,429 · Nov 2017November 2017	66,000 /yr
620	Studio	375 sqft	AED 488KAED 488,063 · Oct 2016October 2016
621	Studio	374 sqft	AED 485KAED 484,766 · Oct 2016October 2016	35,000 /yr
622	1-bed	764 sqft	AED 1.12MAED 1,124,068 · Feb 2018February 2018	43,700 /yr

1–7 of 22

623, Candace Aster Serviced Residence in numbers

Sold once: by Azizi Developments on 28 June 2017 for AED 494,521, or AED 1,277 per sqft.
Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 22,000 in 2020 and recovered to AED 26,000 by November 2022.
At AED 26,000 a year the gross yield on the 2017 price is 5.3%.
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 8 November 2022.

Questions about 623, Candace Aster Serviced Residence

What did unit 623 last sell for?

AED 494,521 on 28 June 2017, sold by the developer: AED 1,277 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 26,000 a year on the contract renewed on 8 November 2022. The previous contract, from November 2021, was AED 26,000; the unit has been rented since September 2018.

How big is unit 623?

387 sqft (36.0 sqm): a studio on the 6th floor of a 10-storey tower completed in 2017.

What is unit 623 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 623, Candace Aster Serviced Residence

Starts from the last sale price (AED 495K, 28 June 2017). Switch to today's estimate once you have unlocked it.

Price: AED 494,521
Deposit, UAE resident (20%): AED 98,904
Deposit, non-resident (40%): AED 197,808
Monthly over 25 years at 3.7%: AED 2,023

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