1-bed · 766 sqftCandace Aster Serviced Residence, Al Furjan · 10th floor · completed 2017

1016, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 16 June 2025
Last soldAED 800K21 November 2023
Current rentAED 66K /yr16 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Candace Aster Serviced Residence

What is 1016 worth today?

Last sold for AED 800,000 in 2023

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16 Jun 2025RentedNew contract
AED 66,000/yr12 months · AED 86 per sqft
1 Jul 2024RentedNew contract
AED 72,000/yr12 months · AED 94 per sqft
21 Nov 2023SoldReady
AED 800,000AED 1,044 per sqft
1 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
10 Jul 2019RentedRenewal
AED 51,000/yr12 months · AED 67 per sqft
2 Oct 2017Sold by developerOff-plan
AED 1,130,097AED 1,475 per sqft

Source: Dubai Land Department. Updated 16 June 2025.

Key facts

Type
1-bed hotel apartment
Size
766 sqft
Floor
10th of 10
Parking
P2-70
Developer
Azizi Developments
Completed
2017
Last sold
AED 800K · November 2023

About 1016, Candace Aster Serviced Residence

1016 is a one-bedroom hotel apartment of 766 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 21 November 2023 for AED 800,000, or AED 1,044 per sqft, 6% above the AED 989 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 16 June 2025, is AED 66,000 a year: a gross yield of 8.3% on the 2023 price.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical one-bed in Candace Aster Serviced Residence
800K1M20172019202120232025Typical sale price by year: 2017 AED 1,061,429; 2018 AED 1,031,901; 2023 AED 753,000; 2024 AED 850,050Sold by developer, October 2017: AED 1,130,097 (AED 1,475 per sqft)Sold, November 2023: AED 800,000 (AED 1,044 per sqft)

1016 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1016, each contractTypical one-bed in Candace Aster Serviced Residence
40K60K80K2018202120242027Typical rent by year: 2018 AED 57,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 42,000; 2022 AED 45,000; 2023 AED 57,500; 2024 AED 65,000; 2025 AED 66,500; 2026 AED 75,000Renewal, July 2019: AED 51,000 a yearNew contract, August 2022: AED 50,000 a yearNew contract, July 2024: AED 72,000 a yearNew contract, June 2025: AED 66,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Candace Aster Serviced Residence, and where 1016 sits

All 55 1-beds →

1016 last sold in November 2023 at AED 1,044 per sqft, 6% above what one-beds in Candace Aster Serviced Residence were fetching at the time (AED 989). Over the last 12 months one-beds sold for AED 870,000, around AED 1,145 per sqft, and rent for AED 60,000 to 75,000 a year. 1016's AED 66,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 2025870,000
31 Oct 2024755,000
5 Sep 2024928,800
4 Sep 2024641,080
1 1-bed sale 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 →
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

1016, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 2 October 2017 for AED 1,130,097, last on 21 November 2023 for AED 800,000 (AED 1,044 per sqft).
  • Rented since July 2019 on 4 Ejari contracts, from AED 51,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2023 price is 8.3%.
  • One-beds in Candace Aster Serviced Residence sold for AED 870,000–870,000 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 16 June 2025.

Questions about 1016, Candace Aster Serviced Residence

What did unit 1016 last sell for?

AED 800,000 on 21 November 2023: AED 1,044 per sqft for 766 sqft. The unit has 2 registered sales; the first was AED 1,130,097 in October 2017.

What is the rent for unit 1016?

AED 66,000 a year on the contract signed on 16 June 2025. The previous contract, from July 2024, was AED 72,000; the unit has been rented since July 2019.

How big is unit 1016?

766 sqft (71.2 sqm): a one-bedroom hotel apartment on the 10th floor of a 10-storey tower completed in 2017.

What is unit 1016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Candace Aster Serviced Residence sold for AED 870,000 to 870,000 in the last 12 months, around AED 1,145 per sqft.

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Mortgage on 1016, Candace Aster Serviced Residence

Starts from the last sale price (AED 800K, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →