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

721, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 5 June 2025
Last soldAED 420K15 June 2023
Current rentAED 60K /yr5 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Candace Aster Serviced Residence

What is 721 worth today?

Last sold for AED 420,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jun 2025RentedNew contract
AED 60,000/yr12 months · AED 161 per sqft
12 Jun 2024RentedNew contract
AED 57,600/yr12 months · AED 154 per sqft
15 Jun 2023SoldReady
AED 420,000AED 1,124 per sqft
11 Jun 2023RentedNew contract
AED 40,000/yr12 months · AED 107 per sqft
1 Oct 2018RentedNew contract
AED 38,000/yr12 months · AED 101 per sqft
24 Nov 2016Sold by developerOff-plan
AED 486,664AED 1,302 per sqft

Source: Dubai Land Department. Updated 5 June 2025.

Key facts

Type
Studio hotel apartment
Size
374 sqft
Floor
7th of 10
Parking
P2-10
Developer
Azizi Developments
Completed
2017
Last sold
AED 420K · June 2023

About 721, Candace Aster Serviced Residence

721 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 15 June 2023 for AED 420,000, or AED 1,124 per sqft, 8% above the AED 1,041 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 June 2025, is AED 60,000 a year: a gross yield of 14.3% on the 2023 price.

Sales and rents for 721 over time

Sales
Unit 721, 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, November 2016: AED 486,664 (AED 1,302 per sqft)Sold, June 2023: AED 420,000 (AED 1,124 per sqft)

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

Rents
Unit 721, 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 38,000 a yearNew contract, June 2023: AED 40,000 a yearNew contract, June 2024: AED 57,600 a yearNew contract, June 2025: AED 60,000 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 721 sits

All 159 studios →

721 last sold in June 2023 at AED 1,124 per sqft, 8% above what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,041). 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. 721's AED 60,000 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

721, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 24 November 2016 for AED 486,664, last on 15 June 2023 for AED 420,000 (AED 1,124 per sqft).
  • Rented since October 2018 on 4 Ejari contracts, from AED 38,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 14.3%.
  • 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 2025.

Questions about 721, Candace Aster Serviced Residence

What did unit 721 last sell for?

AED 420,000 on 15 June 2023: AED 1,124 per sqft for 374 sqft. The unit has 2 registered sales; the first was AED 486,664 in November 2016.

What is the rent for unit 721?

AED 60,000 a year on the contract signed on 5 June 2025. The previous contract, from June 2024, was AED 57,600; the unit has been rented since October 2018.

How big is unit 721?

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

What is unit 721 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.

Selling 721? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 721, Candace Aster Serviced Residence

Starts from the last sale price (AED 420K, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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