Studio · 387 sqftCandace Aster Serviced Residence, Al Furjan · 7th floor · completed 2017

723, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 723 · DLD and Ejari recordsUpdated 25 April 2026

Last soldAED 496K1 November 2016

Current rentAED 54K /yr25 April 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 723, Candace Aster Serviced Residence

Today

What is 723 worth today?

Last sold for AED 496,278 in 2016

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25 Apr 2026

25 Apr 2026RentedNew contract

AED 54,000/yr12 months · AED 140 per sqft

8 Feb 2026

8 Feb 2026RentedNew contract

AED 66,000/yr12 months · AED 171 per sqft

30 Nov 2024

30 Nov 2024RentedNew contract

AED 60,000/yr12 months · AED 155 per sqft

30 Apr 2024

30 Apr 2024RentedNew contract

AED 55,200/yr12 months · AED 143 per sqft

12 Apr 2019

12 Apr 2019RentedRenewal

AED 38,000/yr12 months · AED 98 per sqft

12 Oct 2018

12 Oct 2018RentedRenewal

AED 38,000/yr6 months · AED 98 per sqft

12 Apr 2018

12 Apr 2018RentedNew contract

AED 40,000/yr6 months · AED 103 per sqft

1 Nov 2016

1 Nov 2016Sold by developerOff-plan

AED 496,278AED 1,282 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type: Studio hotel apartment
Size: 387 sqft
Floor: 7th of 10
Parking: P2-11
Developer: Azizi Developments
Completed: 2017
Last sold: AED 496K · November 2016
Building: Candace Aster Serviced Residence

About 723, Candace Aster Serviced Residence

723 is a studio of 387 sqft on the 7th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 1 November 2016 for AED 496,278, or AED 1,282 per sqft, in line with the AED 1,297 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 25 April 2026, is AED 54,000 a year: a gross yield of 10.9% on the 2016 price.

Sales and rents for 723 over time

Sales

Unit 723, each saleTypical studio in Candace Aster Serviced Residence

723 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 723, each contractTypical studio in Candace Aster Serviced Residence

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 723 sits

All 159 studios →

Studios in Candace Aster Serviced Residence · last 12 months1,412 /sqft Candace Aster Serviced Residence · all types1,345 /sqft

723 last sold in November 2016 at AED 1,282 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. 723's AED 54,000 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
21 Sep 202621 September 2026	380 sqft	560,000	1,474
17 Jul 202617 July 2026	840 sqft	575,000	684
6 Jul 20266 July 2026	374 sqft	550,000	1,472
29 Apr 202629 April 2026	374 sqft	515,000	1,377

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


701	2-bed	1,137 sqft	AED 922KAED 921,960 · Aug 2024August 2024	84,000 /yr
702	1-bed	761 sqft	AED 870KAED 870,000 · Mar 2026March 2026	72,996 /yr
703	1-bed	760 sqft	AED 906KAED 905,580 · Aug 2024August 2024	80,000 /yr
704	Studio	376 sqft	AED 320KAED 320,000 · Nov 2021November 2021	42,000 /yr
705	1-bed	758 sqft	AED 929KAED 928,800 · Sep 2024September 2024	68,000 /yr
706	Studio	379 sqft	AED 340KAED 340,000 · Nov 2021November 2021	57,600 /yr
707	Studio	371 sqft	AED 485KAED 484,605 · Sep 2016September 2016	44,000 /yr
708	Studio	374 sqft	AED 340KAED 340,000 · Nov 2021November 2021	51,600 /yr
709	Studio	379 sqft	AED 490KAED 490,210 · Sep 2016September 2016	35,000 /yr
710	Studio	380 sqft	AED 560KAED 560,000 · Sep 2026September 2026	56,400 /yr
711	Studio	375 sqft	AED 500KAED 500,000 · Jun 2017June 2017	24,000 /yr
712	Studio	374 sqft	AED 492KAED 491,768 · Apr 2026April 2026	45,000 /yr
713	Studio	378 sqft	AED 495KAED 495,000 · Nov 2016November 2016	42,000 /yr
714	Studio	377 sqft	AED 350KAED 350,000 · Oct 2019October 2019	45,600 /yr
715	Studio	386 sqft	AED 507KAED 506,665 · Nov 2016November 2016	57,600 /yr
716	1-bed	766 sqft	AED 1.08MAED 1,078,125 · Aug 2017August 2017
717	Studio	374 sqft	AED 515KAED 515,000 · Apr 2024April 2024	54,600 /yr
718	Studio	374 sqft	AED 455KAED 455,000 · Jul 2023July 2023	43,000 /yr
719	1-bed	756 sqft	AED 786KAED 785,560 · May 2024May 2024	65,000 /yr
720	Studio	375 sqft	AED 561KAED 560,555 · Apr 2017April 2017	42,000 /yr
721	Studio	374 sqft	AED 420KAED 420,000 · Jun 2023June 2023	60,000 /yr
722	1-bed	764 sqft	AED 1.07MAED 1,067,112 · May 2017May 2017	50,820 /yr

1–7 of 22

723, Candace Aster Serviced Residence in numbers

Sold once: by Azizi Developments on 1 November 2016 for AED 496,278, or AED 1,282 per sqft.
Rented since April 2018 on 7 Ejari contracts, from AED 40,000 to AED 54,000 a year.
At AED 54,000 a year the gross yield on the 2016 price is 10.9%.
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 25 April 2026.

Questions about 723, Candace Aster Serviced Residence

What did unit 723 last sell for?

AED 496,278 on 1 November 2016, sold by the developer: AED 1,282 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 723?

AED 54,000 a year on the contract signed on 25 April 2026. The previous contract, from February 2026, was AED 66,000; the unit has been rented since April 2018.

How big is unit 723?

387 sqft (36.0 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit 723 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 723, Candace Aster Serviced Residence

Starts from the last sale price (AED 496K, 1 November 2016). Switch to today's estimate once you have unlocked it.

Price: AED 496,278
Deposit, UAE resident (20%): AED 99,256
Deposit, non-resident (40%): AED 198,511
Monthly over 25 years at 3.7%: AED 2,030

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