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Studio · 379 sqftCandace Aster Serviced Residence, Al Furjan · 7th floor · completed 2017

706, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in November 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 340K23 November 2021
Current rentAED 58K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Candace Aster Serviced Residence

What is 706 worth today?

Last sold for AED 340,000 in 2021

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1 May 2024RentedNew contract
AED 57,600/yr12 months · AED 152 per sqft
23 Nov 2021SoldReady
AED 340,000AED 896 per sqft
1 Oct 2018RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
20 Sep 2016Sold by developerOff-plan
AED 491,983AED 1,297 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
Studio hotel apartment
Size
379 sqft
Floor
7th of 10
Parking
P1-51
Developer
Azizi Developments
Completed
2017
Last sold
AED 340K · November 2021
Building
Candace Aster Serviced Residence

About 706, Candace Aster Serviced Residence

706 is a studio of 379 sqft on the 7th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 23 November 2021 for AED 340,000, or AED 896 per sqft, 7% above the AED 841 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 57,600 a year: a gross yield of 16.9% on the 2021 price.

Sales and rents for 706 over time

Sales
Unit 706, 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, September 2016: AED 491,983 (AED 1,297 per sqft)Sold, November 2021: AED 340,000 (AED 896 per sqft)

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

Rents
Unit 706, each contractTypical studio in Candace Aster Serviced Residence
20K40K60K2018202120242027Typical 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, October 2018: AED 35,000 a yearNew contract, May 2024: AED 57,600 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 706 sits

All 159 studios →

706 last sold in November 2021 at AED 896 per sqft, 7% above what studios in Candace Aster Serviced Residence were fetching at the time (AED 841). 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. 706's AED 57,600 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 →

Other units on the 7th floor

All 226 units in Candace Aster Serviced Residence
Value
7012-bedAED 922K · Aug 2024
7021-bedAED 870K · Mar 2026
7031-bedAED 906K · Aug 2024
704StudioAED 320K · Nov 2021
7051-bedAED 929K · Sep 2024
707StudioAED 485K · Sep 2016
708StudioAED 340K · Nov 2021
1–7 of 22

706, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 20 September 2016 for AED 491,983, last on 23 November 2021 for AED 340,000 (AED 896 per sqft).
  • Rented since October 2018 on 2 Ejari contracts, from AED 35,000 to AED 57,600 a year.
  • At AED 57,600 a year the gross yield on the 2021 price is 16.9%.
  • 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 May 2024.

Questions about 706, Candace Aster Serviced Residence

What did unit 706 last sell for?

AED 340,000 on 23 November 2021: AED 896 per sqft for 379 sqft. The unit has 2 registered sales; the first was AED 491,983 in September 2016.

What is the rent for unit 706?

AED 57,600 a year on the contract signed on 1 May 2024. The previous contract, from October 2018, was AED 35,000.

How big is unit 706?

379 sqft (35.2 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit 706 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 706, Candace Aster Serviced Residence

Starts from the last sale price (AED 340K, 23 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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