Studio · 386 sqftCandace Aster Serviced Residence, Al Furjan · 9th floor · completed 2017

915, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 915 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 535K5 December 2017
Current rentAED 42K /yr25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 915, Candace Aster Serviced Residence

What is 915 worth today?

Last sold for AED 535,000 in 2017

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25 Oct 2023RentedNew contract
AED 42,000/yr12 months · AED 108 per sqft
8 Oct 2022RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft
20 Dec 2021RentedNew contract
AED 28,000/yr12 months · AED 72 per sqft
29 Nov 2020RentedRenewal
AED 24,000/yr12 months · AED 62 per sqft
29 Nov 2019RentedNew contract
AED 28,000/yr12 months · AED 72 per sqft
5 Oct 2018RentedNew contract
AED 35,000/yr12 months · AED 90 per sqft
5 Dec 2017SoldOff-plan
AED 535,000AED 1,384 per sqft
15 Jan 2017Sold by developerOff-plan
AED 500,000AED 1,293 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
Studio hotel apartment
Size
386 sqft
Floor
9th of 10
Parking
P2-48
Developer
Azizi Developments
Completed
2017
Last sold
AED 535K · December 2017

About 915, Candace Aster Serviced Residence

915 is a studio of 386 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 5 December 2017 for AED 535,000, or AED 1,384 per sqft, 7% above the AED 1,293 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 October 2023, is AED 42,000 a year: a gross yield of 7.8% on the 2017 price.

Sales and rents for 915 over time

Sales
Unit 915, 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 500,000 (AED 1,293 per sqft)Sold, December 2017: AED 535,000 (AED 1,384 per sqft)

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

Rents
Unit 915, 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, October 2018: AED 35,000 a yearNew contract, November 2019: AED 28,000 a yearRenewal, November 2020: AED 24,000 a yearNew contract, December 2021: AED 28,000 a yearNew contract, October 2022: AED 30,000 a yearNew contract, October 2023: AED 42,000 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 915 sits

All 159 studios →

915 last sold in December 2017 at AED 1,384 per sqft, 7% above what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,293). 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. 915's AED 42,000 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
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

915, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 15 January 2017 for AED 500,000, last on 5 December 2017 for AED 535,000 (AED 1,384 per sqft).
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 24,000 in 2020 and recovered to AED 42,000 by October 2023.
  • At AED 42,000 a year the gross yield on the 2017 price is 7.8%.
  • 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 25 October 2023.

Questions about 915, Candace Aster Serviced Residence

What did unit 915 last sell for?

AED 535,000 on 5 December 2017: AED 1,384 per sqft for 386 sqft. The unit has 2 registered sales; the first was AED 500,000 in January 2017.

What is the rent for unit 915?

AED 42,000 a year on the contract signed on 25 October 2023. The previous contract, from October 2022, was AED 30,000; the unit has been rented since October 2018.

How big is unit 915?

386 sqft (35.9 sqm): a studio on the 9th floor of a 10-storey tower completed in 2017.

What is unit 915 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 915, Candace Aster Serviced Residence

Starts from the last sale price (AED 535K, 5 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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