Studio · 374 sqftCandace Aster Serviced Residence, Al Furjan · 7th floor · completed 2017

708, 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 708 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 340K23 November 2021
Current rentAED 52K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Candace Aster Serviced Residence

What is 708 worth today?

Last sold for AED 340,000 in 2021

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1 Jun 2023RentedNew contract
AED 51,600/yr12 months · AED 138 per sqft
23 Nov 2021SoldReady
AED 340,000AED 909 per sqft
1 Jul 2020RentedNew contract
AED 25,000/yr12 months · AED 66 per sqft
5 Jun 2018RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
20 Sep 2016Sold by developerOff-plan
AED 486,112AED 1,299 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
Studio hotel apartment
Size
374 sqft
Floor
7th of 10
Parking
P1-53
Developer
Azizi Developments
Completed
2017
Last sold
AED 340K · November 2021

About 708, Candace Aster Serviced Residence

708 is a studio of 374 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 909 per sqft, 8% above the AED 841 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 June 2023, is AED 51,600 a year: a gross yield of 15.2% on the 2021 price.

Sales and rents for 708 over time

Sales
Unit 708, 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 486,112 (AED 1,299 per sqft)Sold, November 2021: AED 340,000 (AED 909 per sqft)

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

Rents
Unit 708, each contractTypical studio in Candace Aster Serviced Residence
40K2018202120242027Typical 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, June 2018: AED 35,000 a yearNew contract, July 2020: AED 25,000 a yearNew contract, June 2023: AED 51,600 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 708 sits

All 159 studios →

708 last sold in November 2021 at AED 909 per sqft, 8% 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. 708's AED 51,600 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 →
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
706StudioAED 340K · Nov 2021
707StudioAED 485K · Sep 2016
1–7 of 22

708, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 20 September 2016 for AED 486,112, last on 23 November 2021 for AED 340,000 (AED 909 per sqft).
  • Rented since June 2018 on 3 Ejari contracts. The rent fell from AED 35,000 to AED 25,000 in 2020 and recovered to AED 51,600 by June 2023.
  • At AED 51,600 a year the gross yield on the 2021 price is 15.2%.
  • 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 June 2023.

Questions about 708, Candace Aster Serviced Residence

What did unit 708 last sell for?

AED 340,000 on 23 November 2021: AED 909 per sqft for 374 sqft. The unit has 2 registered sales; the first was AED 486,112 in September 2016.

What is the rent for unit 708?

AED 51,600 a year on the contract signed on 1 June 2023. The previous contract, from July 2020, was AED 25,000; the unit has been rented since June 2018.

How big is unit 708?

374 sqft (34.7 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit 708 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 708, 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 →