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Studio · 375 sqftCandace Aster Serviced Residence, Al Furjan · 7th floor · completed 2017

711, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in June 2017, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 5 June 2021
Last soldAED 500K15 June 2017
Current rentAED 24K /yr5 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 711, Candace Aster Serviced Residence

What is 711 worth today?

Last sold for AED 500,000 in 2017

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5 Jun 2021RentedNew contract
AED 24,000/yr12 months · AED 64 per sqft
15 Jun 2017SoldOff-plan
AED 500,000AED 1,332 per sqft
20 Sep 2016Sold by developerOff-plan
AED 400,000AED 1,066 per sqft

Source: Dubai Land Department. Updated 5 June 2021.

Key facts

Type
Studio hotel apartment
Size
375 sqft
Floor
7th of 10
Parking
P1-56
Developer
Azizi Developments
Completed
2017
Last sold
AED 500K · June 2017
Building
Candace Aster Serviced Residence

About 711, Candace Aster Serviced Residence

711 is a studio of 375 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 15 June 2017 for AED 500,000, or AED 1,332 per sqft, in line with the AED 1,297 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 June 2021. The current contract, signed on 5 June 2021, is AED 24,000 a year: a gross yield of 4.8% on the 2017 price.

Sales and rents for 711 over time

Sales
Unit 711, 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 400,000 (AED 1,066 per sqft)Sold, June 2017: AED 500,000 (AED 1,332 per sqft)

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

Rents
Unit 711, 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, June 2021: AED 24,000 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 711 sits

All 159 studios →

711 last sold in June 2017 at AED 1,332 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. 711's AED 24,000 is at the bottom 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
706StudioAED 340K · Nov 2021
707StudioAED 485K · Sep 2016
1–7 of 22

711, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 20 September 2016 for AED 400,000, last on 15 June 2017 for AED 500,000 (AED 1,332 per sqft).
  • Rented since June 2021 on one Ejari contract, at AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2017 price is 4.8%.
  • 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 5 June 2021.

Questions about 711, Candace Aster Serviced Residence

What did unit 711 last sell for?

AED 500,000 on 15 June 2017: AED 1,332 per sqft for 375 sqft. The unit has 2 registered sales; the first was AED 400,000 in September 2016.

What is the rent for unit 711?

AED 24,000 a year on the contract signed on 5 June 2021.

How big is unit 711?

375 sqft (34.8 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit 711 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 711, Candace Aster Serviced Residence

Starts from the last sale price (AED 500K, 15 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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