Studio · 376 sqftCandace Aster Serviced Residence, Al Furjan · 7th floor · completed 2017

704, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 320K23 November 2021
Current rentAED 58K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Candace Aster Serviced Residence

What is 704 worth today?

Last sold for AED 320,000 in 2021

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25 Apr 2025RentedNew contract
AED 57,600/yr12 months · AED 153 per sqft
21 Mar 2024RentedNew contract
AED 61,200/yr12 months · AED 163 per sqft
20 Mar 2023RentedNew contract
AED 54,000/yr12 months · AED 148 per sqft
23 Nov 2021SoldReady
AED 320,000AED 851 per sqft
15 Jul 2020RentedNew contract
AED 22,000/yr12 months · AED 58 per sqft
1 Jul 2019RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
25 Nov 2018RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
8 Dec 2016Sold by developerOff-plan
AED 484,605AED 1,289 per sqft

Source: Dubai Land Department. Updated 25 April 2025.

Key facts

Type
Studio hotel apartment
Size
376 sqft
Floor
7th of 10
Parking
P1-49
Developer
Azizi Developments
Completed
2017
Last sold
AED 320K · November 2021

About 704, Candace Aster Serviced Residence

704 is a studio of 376 sqft on the 7th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 23 November 2021 for AED 320,000, or AED 851 per sqft, in line with the AED 841 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 25 April 2025, is AED 57,600 a year: a gross yield of 18.0% on the 2021 price.

Sales and rents for 704 over time

Sales
Unit 704, 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 484,605 (AED 1,289 per sqft)Sold, November 2021: AED 320,000 (AED 851 per sqft)

704 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 704, each contractTypical studio in Candace Aster Serviced Residence
20K40K60K2018202120242027Typical 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, November 2018: AED 35,000 a yearNew contract, July 2019: AED 35,000 a yearNew contract, July 2020: AED 22,000 a yearNew contract, March 2023: AED 54,000 a yearNew contract, March 2024: AED 61,200 a yearNew contract, April 2025: AED 57,600 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 704 sits

All 147 studios →

704 last sold in November 2021 at AED 851 per sqft, in line with what studios in Candace Aster Serviced Residence were fetching at the time (AED 841). 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. 704's AED 57,600 is at the top 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
7012-bedAED 922K · Aug 2024
7021-bedAED 986K · Mar 2017
7031-bedAED 906K · Aug 2024
7051-bedAED 929K · Sep 2024
706StudioAED 340K · Nov 2021
707AED 485K · Sep 2016
708StudioAED 340K · Nov 2021
1–7 of 22

704, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 8 December 2016 for AED 484,605, last on 23 November 2021 for AED 320,000 (AED 851 per sqft).
  • Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 22,000 in 2020 and recovered to AED 57,600 by April 2025.
  • At AED 57,600 a year the gross yield on the 2021 price is 18.0%.
  • 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 25 April 2025.

Questions about 704, Candace Aster Serviced Residence

What did unit 704 last sell for?

AED 320,000 on 23 November 2021: AED 851 per sqft for 376 sqft. The unit has 2 registered sales; the first was AED 484,605 in December 2016.

What is the rent for unit 704?

AED 57,600 a year on the contract signed on 25 April 2025. The previous contract, from March 2024, was AED 61,200; the unit has been rented since November 2018.

How big is unit 704?

376 sqft (34.9 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit 704 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 704, Candace Aster Serviced Residence

Starts from the last sale price (AED 320K, 23 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

Plus AED 16,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →