Studio · 371 sqftCandace Aster Serviced Residence, Al Furjan · 4th floor · completed 2017

407, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 407 · DLD and Ejari recordsUpdated 29 December 2024

Last soldAED 470K4 June 2017

Current rentAED 45K /yr29 December 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 407, Candace Aster Serviced Residence

Today

What is 407 worth today?

Last sold for AED 470,202 in 2017

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29 Dec 2024

29 Dec 2024RentedRenewal

AED 45,000/yr12 months · AED 121 per sqft

29 Dec 2023

29 Dec 2023RentedNew contract

AED 45,000/yr12 months · AED 121 per sqft

16 Dec 2022

16 Dec 2022RentedNew contract

AED 37,000/yr12 months · AED 100 per sqft

15 Dec 2021

15 Dec 2021RentedRenewal

AED 25,000/yr12 months · AED 67 per sqft

15 Dec 2020

15 Dec 2020RentedNew contract

AED 21,000/yr12 months · AED 57 per sqft

10 May 2018

10 May 2018RentedNew contract

AED 36,000/yr12 months · AED 98 per sqft

4 Jun 2017

4 Jun 2017Sold by developerOff-plan

AED 470,202AED 1,267 per sqft

Source: Dubai Land Department. Updated 29 December 2024.

Key facts

Type: Studio hotel apartment
Size: 371 sqft
Floor: 4th of 10
Parking: G-23
Developer: Azizi Developments
Completed: 2017
Last sold: AED 470K · June 2017
Building: Candace Aster Serviced Residence

About 407, Candace Aster Serviced Residence

407 is a studio of 371 sqft on the 4th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 4 June 2017 for AED 470,202, or AED 1,267 per sqft, in line with the AED 1,297 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 29 December 2024, is AED 45,000 a year: a gross yield of 9.6% on the 2017 price.

Sales and rents for 407 over time

Sales

Unit 407, each saleTypical studio in Candace Aster Serviced Residence

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

Rents

Unit 407, each contractTypical studio in Candace Aster Serviced Residence

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 407 sits

All 147 studios →

Studios in Candace Aster Serviced Residence · last 12 months1,423 /sqft Candace Aster Serviced Residence · all types1,204 /sqft

407 last sold in June 2017 at AED 1,267 per sqft, in line with 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. 407's AED 45,000 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
3 Feb 20263 February 2026	376 sqft	568,000	1,511
4 Jul 20254 July 2025	374 sqft	515,000	1,377
28 May 202528 May 2025	494 sqft	420,000	850
20 May 202520 May 2025	380 sqft	500,000	1,316

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 →

Other units on the 4th floor

All 226 units in Candace Aster Serviced Residence


401	2-bed	1,137 sqft	AED 1.28MAED 1,275,000 · Feb 2026February 2026	95,000 /yr
402	1-bed	761 sqft	AED 1MAED 1,000,000 · May 2017May 2017	65,000 /yr
403	1-bed	760 sqft	AED 870KAED 870,000 · Dec 2025December 2025	75,000 /yr
404	Studio	376 sqft	AED 280KAED 280,000 · Jun 2020June 2020	39,848 /yr
405	1-bed	758 sqft	AED 985KAED 985,000 · Feb 2018February 2018	55,932 /yr
406	Studio	379 sqft	AED 355KAED 355,000 · Jan 2020January 2020	53,038 /yr
408	Studio	374 sqft	AED 515KAED 515,000 · Jul 2025July 2025
409	Studio	379 sqft	AED 310KAED 310,000 · May 2021May 2021	47,000 /yr
410	Studio	380 sqft	AED 479KAED 478,686 · Dec 2017December 2017
411	Studio	375 sqft	AED 477KAED 476,500 · Jul 2017July 2017	57,600 /yr
412	Studio	374 sqft	AED 500KAED 500,000 · Nov 2023November 2023	48,000 /yr
413	Studio	378 sqft	AED 431KAED 431,480 · May 2019May 2019	48,000 /yr
414	Studio	377 sqft	AED 420KAED 420,000 · Sep 2023September 2023	45,000 /yr
415	Studio	386 sqft	AED 405KAED 405,000 · Jun 2023June 2023	36,000 /yr
416	1-bed	766 sqft	AED 1.06MAED 1,061,948 · Aug 2017August 2017	70,000 /yr
417	Studio	374 sqft	AED 420KAED 420,000 · Jun 2023June 2023
418	Studio	374 sqft	AED 471KAED 470,864 · Nov 2017November 2017	45,000 /yr
419		756 sqft	AED 757KAED 756,581 · Sep 2025September 2025	52,000 /yr
420	Studio	375 sqft	AED 380KAED 380,000 · May 2019May 2019	32,550 /yr
421	Studio	374 sqft	AED 468KAED 467,683 · Jul 2017July 2017	40,000 /yr
422	1-bed	764 sqft	AED 1.06MAED 1,061,798 · Oct 2017October 2017	67,000 /yr
423	Studio	387 sqft	AED 422KAED 422,363 · Apr 2019April 2019	48,000 /yr

1–7 of 22

407, Candace Aster Serviced Residence in numbers

Sold once: by Azizi Developments on 4 June 2017 for AED 470,202, or AED 1,267 per sqft.
Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 36,000 to AED 21,000 in 2020 and recovered to AED 45,000 by December 2024.
At AED 45,000 a year the gross yield on the 2017 price is 9.6%.
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 29 December 2024.

Questions about 407, Candace Aster Serviced Residence

What did unit 407 last sell for?

AED 470,202 on 4 June 2017, sold by the developer: AED 1,267 per sqft for 371 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 45,000 a year on the contract renewed on 29 December 2024. The previous contract, from December 2023, was AED 45,000; the unit has been rented since May 2018.

How big is unit 407?

371 sqft (34.5 sqm): a studio on the 4th floor of a 10-storey tower completed in 2017.

What is unit 407 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 407, Candace Aster Serviced Residence

Starts from the last sale price (AED 470K, 4 June 2017). Switch to today's estimate once you have unlocked it.

Price: AED 470,202
Deposit, UAE resident (20%): AED 94,040
Deposit, non-resident (40%): AED 188,081
Monthly over 25 years at 3.7%: AED 1,924

Plus AED 22,658 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →