Studio · 377 sqftCandace Aster Serviced Residence, Al Furjan · 3rd floor · completed 2017

314, Candace Aster Serviced Residence

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

Unit 314 · DLD and Ejari recordsUpdated 22 August 2024
Last soldAED 487K14 March 2018
Current rentAED 43K /yr22 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Candace Aster Serviced Residence

What is 314 worth today?

Last sold for AED 486,777 in 2018

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22 Aug 2024RentedNew contract
AED 43,000/yr12 months · AED 114 per sqft
1 Aug 2023RentedRenewal
AED 33,600/yr12 months · AED 89 per sqft
1 Aug 2022RentedNew contract
AED 32,000/yr12 months · AED 85 per sqft
21 Jul 2020RentedNew contract
AED 23,000/yr12 months · AED 61 per sqft
1 Jan 2020RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
1 Dec 2018RentedNew contract
AED 38,000/yr12 months · AED 101 per sqft
14 Mar 2018Sold by developerReady
AED 486,777AED 1,291 per sqft

Source: Dubai Land Department. Updated 22 August 2024.

Key facts

Type
Studio hotel apartment
Size
377 sqft
Floor
3rd of 10
Parking
B-65
Developer
Azizi Developments
Completed
2017
Last sold
AED 487K · March 2018

About 314, Candace Aster Serviced Residence

314 is a studio of 377 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 14 March 2018 for AED 486,777, or AED 1,291 per sqft, in line with the AED 1,306 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 22 August 2024, is AED 43,000 a year: a gross yield of 8.8% on the 2018 price.

Sales and rents for 314 over time

Sales
Unit 314, 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, March 2018: AED 486,777 (AED 1,291 per sqft)

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

Rents
Unit 314, 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, December 2018: AED 38,000 a yearNew contract, January 2020: AED 30,000 a yearNew contract, July 2020: AED 23,000 a yearNew contract, August 2022: AED 32,000 a yearRenewal, August 2023: AED 33,600 a yearNew contract, August 2024: AED 43,000 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 314 sits

All 147 studios →

314 last sold in March 2018 at AED 1,291 per sqft, in line with what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,306). 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. 314's AED 43,000 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

314, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 14 March 2018 for AED 486,777, or AED 1,291 per sqft.
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 23,000 in 2020 and recovered to AED 43,000 by August 2024.
  • At AED 43,000 a year the gross yield on the 2018 price is 8.8%.
  • 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 22 August 2024.

Questions about 314, Candace Aster Serviced Residence

What did unit 314 last sell for?

AED 486,777 on 14 March 2018, sold by the developer: AED 1,291 per sqft for 377 sqft. It is the only registered sale of the unit.

What is the rent for unit 314?

AED 43,000 a year on the contract signed on 22 August 2024. The previous contract, from August 2023, was AED 33,600; the unit has been rented since December 2018.

How big is unit 314?

377 sqft (35.0 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2017.

What is unit 314 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 314, Candace Aster Serviced Residence

Starts from the last sale price (AED 487K, 14 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 486,777
Deposit, UAE resident (20%)
AED 97,355
Deposit, non-resident (40%)
AED 194,711
Monthly over 25 years at 3.7%
AED 1,992

Plus AED 23,355 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →