Studio · 379 sqftCandace Aster Serviced Residence, Al Furjan · 3rd floor · completed 2017

309, Candace Aster Serviced Residence

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

Unit 309 · DLD and Ejari recordsUpdated 10 March 2022
Last soldAED 474K25 October 2016
Current rentAED 40K /yr10 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Candace Aster Serviced Residence

What is 309 worth today?

Last sold for AED 473,706 in 2016

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10 Mar 2022RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
2 Mar 2021RentedRenewal
AED 28,000/yr12 months · AED 74 per sqft
2 Mar 2020RentedNew contract
AED 29,000/yr12 months · AED 77 per sqft
25 Sep 2018RentedNew contract
AED 36,000/yr12 months · AED 96 per sqft
25 Oct 2016Sold by developerOff-plan
AED 473,706AED 1,249 per sqft

Source: Dubai Land Department. Updated 10 March 2022.

Key facts

Type
Studio hotel apartment
Size
379 sqft
Floor
3rd of 10
Parking
B-61
Developer
Azizi Developments
Completed
2017
Last sold
AED 474K · October 2016

About 309, Candace Aster Serviced Residence

309 is a studio of 379 sqft on the 3rd 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 473,706, or AED 1,249 per sqft, 4% below the AED 1,297 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 10 March 2022, is AED 40,000 a year: a gross yield of 8.4% on the 2016 price.

Sales and rents for 309 over time

Sales
Unit 309, 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 473,706 (AED 1,249 per sqft)

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

Rents
Unit 309, 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, September 2018: AED 36,000 a yearNew contract, March 2020: AED 29,000 a yearRenewal, March 2021: AED 28,000 a yearNew contract, March 2022: AED 40,000 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 309 sits

All 147 studios →

309 last sold in October 2016 at AED 1,249 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. 309's AED 40,000 is in the lower 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
3012-bedAED 1.29M · Dec 2024
3021-bedAED 943K · Jun 2017
3031-bedAED 878K · Aug 2024
304StudioAED 568K · Feb 2026
3051-bedAED 924K · Jun 2024
306StudioAED 473K · Feb 2018
307StudioAED 410K · Oct 2023
1–7 of 22

309, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 25 October 2016 for AED 473,706, or AED 1,249 per sqft.
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2021 and recovered to AED 40,000 by March 2022.
  • At AED 40,000 a year the gross yield on the 2016 price is 8.4%.
  • 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 10 March 2022.

Questions about 309, Candace Aster Serviced Residence

What did unit 309 last sell for?

AED 473,706 on 25 October 2016, sold by the developer: AED 1,249 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 40,000 a year on the contract signed on 10 March 2022. The previous contract, from March 2021, was AED 28,000; the unit has been rented since September 2018.

How big is unit 309?

379 sqft (35.2 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2017.

What is unit 309 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 309, Candace Aster Serviced Residence

Starts from the last sale price (AED 474K, 25 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 473,706
Deposit, UAE resident (20%)
AED 94,741
Deposit, non-resident (40%)
AED 189,482
Monthly over 25 years at 3.7%
AED 1,938

Plus AED 22,805 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →