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Studio · 374 sqftCandace Aster Serviced Residence, Al Furjan · 10th floor · completed 2017

1012, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 490K27 May 2024
Current rentAED 45K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1012, Candace Aster Serviced Residence

What is 1012 worth today?

Last sold for AED 490,000 in 2024

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1 Jul 2025RentedRenewal
AED 45,000/yr12 months · AED 120 per sqft
1 Jul 2024RentedNew contract
AED 45,000/yr12 months · AED 120 per sqft
27 May 2024SoldReady
AED 490,000AED 1,308 per sqft
6 Mar 2023RentedRenewal
AED 36,000/yr12 months · AED 96 per sqft
6 Mar 2022RentedRenewal
AED 30,000/yr12 months · AED 80 per sqft
6 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 69 per sqft
3 Mar 2019RentedRenewal
AED 45,600/yr12 months · AED 121 per sqft
3 Sep 2018RentedNew contract
AED 45,600/yr6 months · AED 121 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
Studio hotel apartment
Size
374 sqft
Floor
10th of 10
Parking
P2-66
Developer
Azizi Developments
Completed
2017
Last sold
AED 490K · May 2024
Building
Candace Aster Serviced Residence

About 1012, Candace Aster Serviced Residence

1012 is a studio of 374 sqft on the 10th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 27 May 2024 for AED 490,000, or AED 1,308 per sqft, 15% above the AED 1,136 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 45,000 a year: a gross yield of 9.2% on the 2024 price.

Sales and rents for 1012 over time

Sales
Unit 1012, each saleTypical studio in Candace Aster Serviced Residence
300K400K500K2016201920222025Typical sale price by year: 2016 AED 491,983; 2017 AED 495,105; 2018 AED 486,777; 2019 AED 400,000; 2020 AED 300,000; 2021 AED 325,000; 2022 AED 337,500; 2023 AED 412,500; 2024 AED 490,000; 2025 AED 506,555Sold by developer, November 2016: AED 504,780 (AED 1,347 per sqft)Sold, May 2024: AED 490,000 (AED 1,308 per sqft)

1012 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1012, each contractTypical studio in Candace Aster Serviced Residence
20K40K2018202120242027Typical rent by year: 2018 AED 36,000; 2019 AED 33,000; 2020 AED 26,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 37,746; 2024 AED 45,000; 2025 AED 47,750; 2026 AED 54,000New contract, February 2018: AED 45,000 a yearNew contract, September 2018: AED 45,600 a yearRenewal, March 2019: AED 45,600 a yearNew contract, March 2021: AED 26,000 a yearRenewal, March 2022: AED 30,000 a yearRenewal, March 2023: AED 36,000 a yearNew contract, July 2024: AED 45,000 a yearRenewal, July 2025: AED 45,000 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 1012 sits

All 147 studios →

1012 last sold in May 2024 at AED 1,308 per sqft, 15% above what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,136). Over the last 12 months studios sold for AED 480,000 to 568,000, around AED 1,423 per sqft, and rent for AED 34,178 to 55,000 a year. 1012's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Feb 2026568,000
4 Jul 2025515,000
28 May 2025420,000
20 May 2025500,000
3 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. 6 sold in the last 12 months.

Typical price per sqft
AED 1,204
Typical sale
AED 719K
Typical rent
AED 55K /yr
Typical yield
10.7%
Candace Aster Serviced Residence, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 226 units in Candace Aster Serviced Residence
Value
10012-bedAED 1.22M · May 2024
10021-bedAED 753K · Feb 2023
10031-bedAED 1.1M · Jun 2017
1004AED 520K · Aug 2025
1005AED 875K · Sep 2025
1006StudioAED 517K · Aug 2017
1007StudioAED 445K · Sep 2023
1–7 of 22

1012, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 8 November 2016 for AED 504,780, last on 27 May 2024 for AED 490,000 (AED 1,308 per sqft).
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 26,000 in 2021 and recovered to AED 45,000 by July 2025.
  • At AED 45,000 a year the gross yield on the 2024 price is 9.2%.
  • Studios in Candace Aster Serviced Residence sold for AED 480,000–568,000 in the 12 months to November 2026; the building's median across all types is AED 1,204 per sqft.

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 1012, Candace Aster Serviced Residence

What did unit 1012 last sell for?

AED 490,000 on 27 May 2024: AED 1,308 per sqft for 374 sqft. The unit has 2 registered sales; the first was AED 504,780 in November 2016.

What is the rent for unit 1012?

AED 45,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 45,000; the unit has been rented since February 2018.

How big is unit 1012?

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

What is unit 1012 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 568,000 in the last 12 months, around AED 1,423 per sqft.

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Mortgage on 1012, Candace Aster Serviced Residence

Starts from the last sale price (AED 490K, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

Plus AED 23,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →