Studio · 374 sqftCandace Aster Serviced Residence, Al Furjan · 2nd floor · completed 2017

221, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 221 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 464K25 October 2016
Current rentAED 28K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 221, Candace Aster Serviced Residence

What is 221 worth today?

Last sold for AED 463,887 in 2016

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1 Mar 2022RentedNew contract
AED 28,000/yr12 months · AED 75 per sqft
1 Feb 2021RentedNew contract
AED 25,000/yr12 months · AED 66 per sqft
24 Jan 2020RentedRenewal
AED 32,000/yr12 months · AED 85 per sqft
24 Jan 2019RentedNew contract
AED 36,000/yr12 months · AED 96 per sqft
25 Oct 2016Sold by developerOff-plan
AED 463,887AED 1,241 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2022.

Key facts

Type
Studio hotel apartment
Size
374 sqft
Floor
2nd of 10
Parking
B-50
Developer
Azizi Developments
Completed
2017
Last sold
AED 464K · October 2016

About 221, Candace Aster Serviced Residence

221 is a studio of 374 sqft on the 2nd floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 25 October 2016 for AED 463,887, or AED 1,241 per sqft, 4% below the AED 1,297 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 March 2022, is AED 28,000 a year: a gross yield of 6.0% on the 2016 price.

Sales and rents for 221 over time

Sales
Unit 221, 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, October 2016: AED 463,887 (AED 1,241 per sqft)

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

Rents
Unit 221, 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, January 2019: AED 36,000 a yearRenewal, January 2020: AED 32,000 a yearNew contract, February 2021: AED 25,000 a yearNew contract, March 2022: AED 28,000 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 221 sits

All 147 studios →

221 last sold in October 2016 at AED 1,241 per sqft, 4% 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. 221's AED 28,000 is at the bottom 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
2012-bedAED 1.54M · May 2017
2021-bedAED 879K · Jun 2017
2031-bedAED 930K · Jan 2017
204StudioAED 434K · Dec 2016
2051-bedAED 615K · Apr 2023
206AED 540K · Nov 2025
207StudioAED 434K · Oct 2016
1–7 of 22

221, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 25 October 2016 for AED 463,887, or AED 1,241 per sqft.
  • Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 36,000 to AED 25,000 in 2021 and recovered to AED 28,000 by March 2022.
  • At AED 28,000 a year the gross yield on the 2016 price is 6.0%.
  • 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: YallaValue analysis of Dubai Land Department records. Updated 1 March 2022.

Questions about 221, Candace Aster Serviced Residence

What did unit 221 last sell for?

AED 463,887 on 25 October 2016, sold by the developer: AED 1,241 per sqft for 374 sqft. It is the only registered sale of the unit.

What is the rent for unit 221?

AED 28,000 a year on the contract signed on 1 March 2022. The previous contract, from February 2021, was AED 25,000; the unit has been rented since January 2019.

How big is unit 221?

374 sqft (34.7 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2017.

What is unit 221 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 221, Candace Aster Serviced Residence

Starts from the last sale price (AED 464K, 25 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 463,887
Deposit, UAE resident (20%)
AED 92,777
Deposit, non-resident (40%)
AED 185,555
Monthly over 25 years at 3.7%
AED 1,898

Plus AED 22,393 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →