Studio · 500 sqftCandace Aster Serviced Residence, Al Furjan · 1st floor · completed 2017

107, Candace Aster Serviced Residence

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

Unit 107 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 498K8 December 2016
Current rentAED 45K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Candace Aster Serviced Residence

What is 107 worth today?

Last sold for AED 498,000 in 2016

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1 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 90 per sqft
3 Sep 2023RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
22 Mar 2023RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
1 Jan 2022RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
22 Dec 2020RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
15 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
1 Jul 2018RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
8 Dec 2016Sold by developerOff-plan
AED 498,000AED 1,042 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio hotel apartment
Size
500 sqft
Floor
1st of 10
Parking
B-04
Developer
Azizi Developments
Completed
2017
Last sold
AED 498K · December 2016

About 107, Candace Aster Serviced Residence

107 is a studio of 500 sqft on the 1st floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 8 December 2016 for AED 498,000, or AED 1,042 per sqft, 20% below 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 1 October 2024, is AED 45,000 a year: a gross yield of 9.0% on the 2016 price.

Sales and rents for 107 over time

Sales
Unit 107, 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, December 2016: AED 498,000 (AED 1,042 per sqft)

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

Rents
Unit 107, 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, July 2018: AED 38,000 a yearNew contract, November 2019: AED 30,000 a yearNew contract, December 2020: AED 24,000 a yearNew contract, January 2022: AED 32,000 a yearNew contract, March 2023: AED 38,000 a yearNew contract, September 2023: AED 38,000 a yearNew contract, October 2024: 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 107 sits

All 147 studios →

107 last sold in December 2016 at AED 1,042 per sqft, 20% below 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 568,000, around AED 1,423 per sqft, and rent for AED 34,178 to 55,000 a year. 107'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 →
Value
104StudioAED 487K · Dec 2016
1051-bedAED 1.13M · Jan 2018
106StudioAED 250K · Jul 2018
108AED 466K · Oct 2025
109StudioAED 500K · Dec 2018
110AED 565K · Oct 2025
111StudioAED 509K · Nov 2017
1–7 of 18

107, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 8 December 2016 for AED 498,000, or AED 1,042 per sqft.
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 24,000 in 2020 and recovered to AED 45,000 by October 2024.
  • At AED 45,000 a year the gross yield on the 2016 price is 9.0%.
  • 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 October 2024.

Questions about 107, Candace Aster Serviced Residence

What did unit 107 last sell for?

AED 498,000 on 8 December 2016, sold by the developer: AED 1,042 per sqft for 500 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 45,000 a year on the contract signed on 1 October 2024. The previous contract, from September 2023, was AED 38,000; the unit has been rented since July 2018.

How big is unit 107?

500 sqft (46.5 sqm): a studio on the 1st floor of a 10-storey tower completed in 2017.

What is unit 107 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 107, Candace Aster Serviced Residence

Starts from the last sale price (AED 498K, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 498,000
Deposit, UAE resident (20%)
AED 99,600
Deposit, non-resident (40%)
AED 199,200
Monthly over 25 years at 3.7%
AED 2,037

Plus AED 23,826 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →