Studio · 379 sqftCandace Aster Serviced Residence, Al Furjan · 9th floor · completed 2017

909, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in October 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 909 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 350K24 October 2019
Current rentAED 60K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, Candace Aster Serviced Residence

What is 909 worth today?

Last sold for AED 350,000 in 2019

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1 May 2024RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
6 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
24 Oct 2019SoldReady
AED 350,000AED 923 per sqft
30 Jan 2017Sold by developerOff-plan
AED 507,056AED 1,337 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
Studio hotel apartment
Size
379 sqft
Floor
9th of 10
Parking
P2-42
Developer
Azizi Developments
Completed
2017
Last sold
AED 350K · October 2019

About 909, Candace Aster Serviced Residence

909 is a studio of 379 sqft on the 9th 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 923 per sqft, 14% below the AED 1,078 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 60,000 a year: a gross yield of 17.1% on the 2019 price.

Sales and rents for 909 over time

Sales
Unit 909, 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 507,056 (AED 1,337 per sqft)Sold, October 2019: AED 350,000 (AED 923 per sqft)

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

Rents
Unit 909, 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, December 2020: AED 30,000 a yearNew contract, May 2024: 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 909 sits

All 159 studios →

909 last sold in October 2019 at AED 923 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. 909'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
9012-bedAED 1.66M · Jan 2018
9021-bedAED 1.07M · Apr 2017
9031-bedAED 845K · May 2024
904StudioAED 300K · Nov 2020
9051-bedAED 1.16M · Nov 2017
906StudioAED 500K · Oct 2024
907StudioAED 450K · Oct 2023
1–7 of 22

909, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 30 January 2017 for AED 507,056, last on 24 October 2019 for AED 350,000 (AED 923 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, from AED 30,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 17.1%.
  • 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 May 2024.

Questions about 909, Candace Aster Serviced Residence

What did unit 909 last sell for?

AED 350,000 on 24 October 2019: AED 923 per sqft for 379 sqft. The unit has 2 registered sales; the first was AED 507,056 in January 2017.

What is the rent for unit 909?

AED 60,000 a year on the contract signed on 1 May 2024. The previous contract, from December 2020, was AED 30,000.

How big is unit 909?

379 sqft (35.2 sqm): a studio on the 9th floor of a 10-storey tower completed in 2017.

What is unit 909 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 909, 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 →