Studio · 377 sqftCandace Aster Serviced Residence, Al Furjan · 7th floor · completed 2017

714, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in October 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 350K24 October 2019
Current rentAED 46K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Candace Aster Serviced Residence

What is 714 worth today?

Last sold for AED 350,000 in 2019

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1 Jan 2023RentedRenewal
AED 45,600/yr12 months · AED 121 per sqft
1 Jan 2022RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
24 Oct 2019SoldReady
AED 350,000AED 928 per sqft
30 Jan 2017Sold by developerOff-plan
AED 503,982AED 1,336 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
Studio hotel apartment
Size
377 sqft
Floor
7th of 10
Parking
P2-03
Developer
Azizi Developments
Completed
2017
Last sold
AED 350K · October 2019

About 714, Candace Aster Serviced Residence

714 is a studio of 377 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 24 October 2019 for AED 350,000, or AED 928 per sqft, 14% below the AED 1,078 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 45,600 a year: a gross yield of 13.0% on the 2019 price.

Sales and rents for 714 over time

Sales
Unit 714, 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, January 2017: AED 503,982 (AED 1,336 per sqft)Sold, October 2019: AED 350,000 (AED 928 per sqft)

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

Rents
Unit 714, each contractTypical studio in Candace Aster Serviced Residence
30K40K50K2018202120242027Typical 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, January 2022: AED 30,000 a yearRenewal, January 2023: AED 45,600 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 714 sits

All 159 studios →

714 last sold in October 2019 at AED 928 per sqft, 14% below what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,078). 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. 714's AED 45,600 is in the lower 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

714, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 30 January 2017 for AED 503,982, last on 24 October 2019 for AED 350,000 (AED 928 per sqft).
  • Rented since January 2022 on 2 Ejari contracts, from AED 30,000 to AED 45,600 a year.
  • At AED 45,600 a year the gross yield on the 2019 price is 13.0%.
  • 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 January 2023.

Questions about 714, Candace Aster Serviced Residence

What did unit 714 last sell for?

AED 350,000 on 24 October 2019: AED 928 per sqft for 377 sqft. The unit has 2 registered sales; the first was AED 503,982 in January 2017.

What is the rent for unit 714?

AED 45,600 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 30,000.

How big is unit 714?

377 sqft (35.0 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit 714 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 714, Candace Aster Serviced Residence

Starts from the last sale price (AED 350K, 24 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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