701, Candace Aster Serviced Residence
Sold prices and rental history: sold once, by the developer in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Candace Aster Serviced Residence
What is 701 worth today?
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Source: Dubai Land Department. Updated 13 August 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,137 sqft
- Floor
- 7th of 10
- Parking
- P1-45
- Developer
- Azizi Developments
- Completed
- 2017
- Last sold
- AED 922K · August 2024
- Building
- Candace Aster Serviced Residence
About 701, Candace Aster Serviced Residence
701 is a two-bedroom hotel apartment of 1,137 sqft on the 7th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 13 August 2024 for AED 921,960, or AED 810 per sqft, 25% below the AED 1,086 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 16 January 2024, is AED 84,000 a year: a gross yield of 9.1% on the 2024 price.
Sales and rents for 701 over time
701 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Candace Aster Serviced Residence, and where 701 sits
All 9 2-beds →701 last sold in August 2024 at AED 810 per sqft, 25% below what two-beds in Candace Aster Serviced Residence were fetching at the time (AED 1,086). Over the last 12 months two-beds sold for AED 1,160,003 to 1,275,000, around AED 1,070 per sqft, and rent for AED 76,000 to 105,000 a year. 701's AED 84,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 1,137 sqft | 1,275,000 | 1,120 | ||
| 29 Dec 202529 December 2025 | 1,137 sqft | 1,160,003 | 1,019 | ||
| 26 Dec 202426 December 2024 | 1,137 sqft | 1,290,000 | 1,134 | ||
| 10 Jul 202410 July 2024 | 1,137 sqft | 1,253,280 | 1,101 |
Candace Aster Serviced Residence
Building226 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%
Other units on the 7th floor
All 226 units in Candace Aster Serviced Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 761 sqft | AED 870KAED 870,000 · Mar 2026March 2026 | 72,996 /yr | |
| 703 | 1-bed | 760 sqft | AED 906KAED 905,580 · Aug 2024August 2024 | 80,000 /yr | |
| 704 | Studio | 376 sqft | AED 320KAED 320,000 · Nov 2021November 2021 | 42,000 /yr | |
| 705 | 1-bed | 758 sqft | AED 929KAED 928,800 · Sep 2024September 2024 | 68,000 /yr | |
| 706 | Studio | 379 sqft | AED 340KAED 340,000 · Nov 2021November 2021 | 57,600 /yr | |
| 707 | Studio | 371 sqft | AED 485KAED 484,605 · Sep 2016September 2016 | 44,000 /yr | |
| 708 | Studio | 374 sqft | AED 340KAED 340,000 · Nov 2021November 2021 | 51,600 /yr | |
| 709 | Studio | 379 sqft | AED 490KAED 490,210 · Sep 2016September 2016 | 35,000 /yr | |
| 710 | Studio | 380 sqft | AED 560KAED 560,000 · Sep 2026September 2026 | 56,400 /yr | |
| 711 | Studio | 375 sqft | AED 500KAED 500,000 · Jun 2017June 2017 | 24,000 /yr | |
| 712 | Studio | 374 sqft | AED 492KAED 491,768 · Apr 2026April 2026 | 45,000 /yr | |
| 713 | Studio | 378 sqft | AED 495KAED 495,000 · Nov 2016November 2016 | 42,000 /yr | |
| 714 | Studio | 377 sqft | AED 350KAED 350,000 · Oct 2019October 2019 | 45,600 /yr | |
| 715 | Studio | 386 sqft | AED 507KAED 506,665 · Nov 2016November 2016 | 57,600 /yr | |
| 716 | 1-bed | 766 sqft | AED 1.08MAED 1,078,125 · Aug 2017August 2017 | ||
| 717 | Studio | 374 sqft | AED 515KAED 515,000 · Apr 2024April 2024 | 54,600 /yr | |
| 718 | Studio | 374 sqft | AED 455KAED 455,000 · Jul 2023July 2023 | 43,000 /yr | |
| 719 | 1-bed | 756 sqft | AED 786KAED 785,560 · May 2024May 2024 | 65,000 /yr | |
| 720 | Studio | 375 sqft | AED 561KAED 560,555 · Apr 2017April 2017 | 42,000 /yr | |
| 721 | Studio | 374 sqft | AED 420KAED 420,000 · Jun 2023June 2023 | 60,000 /yr | |
| 722 | 1-bed | 764 sqft | AED 1.07MAED 1,067,112 · May 2017May 2017 | 50,820 /yr | |
| 723 | Studio | 387 sqft | AED 496KAED 496,278 · Nov 2016November 2016 | 54,000 /yr |
701, Candace Aster Serviced Residence in numbers
- Sold once: by Azizi Developments on 13 August 2024 for AED 921,960, or AED 810 per sqft.
- Rented since December 2019 on 5 Ejari contracts, from AED 68,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2024 price is 9.1%.
- Two-beds in Candace Aster Serviced Residence sold for AED 1,160,003–1,275,000 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 13 August 2024.
Questions about 701, Candace Aster Serviced Residence
What did unit 701 last sell for?
AED 921,960 on 13 August 2024, sold by the developer: AED 810 per sqft for 1,137 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 84,000 a year on the contract signed on 16 January 2024. The previous contract, from February 2023, was AED 68,000; the unit has been rented since December 2019.
How big is unit 701?
1,137 sqft (105.6 sqm): a two-bedroom hotel apartment on the 7th floor of a 10-storey tower completed in 2017.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Candace Aster Serviced Residence sold for AED 1,160,003 to 1,275,000 in the last 12 months, around AED 1,070 per sqft.
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Mortgage on 701, Candace Aster Serviced Residence
Starts from the last sale price (AED 922K, 13 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 921,960
- Deposit, UAE resident (20%)
- AED 184,392
- Deposit, non-resident (40%)
- AED 368,784
- Monthly over 25 years at 3.7%
- AED 3,772
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →