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

709, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in September 2016, 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 709 · DLD and Ejari recordsUpdated 18 February 2024

Last soldAED 490K20 September 2016

Current rentAED 35K /yr18 February 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 709, Candace Aster Serviced Residence

Today

What is 709 worth today?

Last sold for AED 490,210 in 2016

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18 Feb 2024

18 Feb 2024RentedRenewal

AED 35,000/yr12 months · AED 93 per sqft

18 Feb 2023

18 Feb 2023RentedNew contract

AED 35,000/yr12 months · AED 93 per sqft

10 Feb 2021

10 Feb 2021RentedNew contract

AED 23,000/yr12 months · AED 61 per sqft

10 Aug 2019

10 Aug 2019RentedNew contract

AED 30,000/yr12 months · AED 80 per sqft

25 Jun 2018

25 Jun 2018RentedNew contract

AED 35,000/yr12 months · AED 93 per sqft

20 Sep 2016

20 Sep 2016Sold by developerOff-plan

AED 490,210AED 1,293 per sqft

Source: Dubai Land Department. Updated 18 February 2024.

Key facts

Type: Hotel apartment
Size: 379 sqft
Floor: 7th of 10
Parking: P1-54
Developer: Azizi Developments
Completed: 2017
Last sold: AED 490K · September 2016
Building: Candace Aster Serviced Residence

About 709, Candace Aster Serviced Residence

709 is a hotel apartment of 379 sqft on the 7th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 20 September 2016 for AED 490,210, or AED 1,293 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 18 February 2024, is AED 35,000 a year: a gross yield of 7.1% on the 2016 price.

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 7th floor

All 226 units in Candace Aster Serviced Residence


701	2-bed	1,137 sqft	AED 922KAED 921,960 · Aug 2024August 2024	84,000 /yr
702	1-bed	761 sqft	AED 986KAED 985,745 · Mar 2017March 2017	63,000 /yr
703	1-bed	760 sqft	AED 906KAED 905,580 · Aug 2024August 2024	80,000 /yr
704	Studio	376 sqft	AED 320KAED 320,000 · Nov 2021November 2021	57,600 /yr
705	1-bed	758 sqft	AED 929KAED 928,800 · Sep 2024September 2024	65,000 /yr
706	Studio	379 sqft	AED 340KAED 340,000 · Nov 2021November 2021	57,600 /yr
707		371 sqft	AED 485KAED 484,605 · Sep 2016September 2016	44,000 /yr
708	Studio	374 sqft	AED 340KAED 340,000 · Nov 2021November 2021	51,600 /yr
710		380 sqft	AED 480KAED 480,000 · Feb 2026February 2026	43,500 /yr
711	Studio	375 sqft	AED 500KAED 500,000 · Jun 2017June 2017	24,000 /yr
712	Studio	374 sqft	AED 400KAED 400,000 · Jan 2023January 2023	60,000 /yr
713	Studio	378 sqft	AED 495KAED 495,000 · Nov 2016November 2016	48,000 /yr
714	Studio	377 sqft	AED 350KAED 350,000 · Oct 2019October 2019	45,600 /yr
715	Studio	386 sqft	AED 507KAED 506,665 · Nov 2016November 2016	60,000 /yr
716	1-bed	766 sqft	AED 1.08MAED 1,078,125 · Aug 2017August 2017
717	Studio	374 sqft	AED 515KAED 515,000 · Apr 2024April 2024	33,000 /yr
718	Studio	374 sqft	AED 455KAED 455,000 · Jul 2023July 2023	52,000 /yr
719	1-bed	756 sqft	AED 786KAED 785,560 · May 2024May 2024	49,500 /yr
720	Studio	375 sqft	AED 561KAED 560,555 · Apr 2017April 2017	40,000 /yr
721	Studio	374 sqft	AED 420KAED 420,000 · Jun 2023June 2023	60,000 /yr
722	1-bed	764 sqft	AED 1.07MAED 1,067,112 · May 2017May 2017	50,820 /yr
723	Studio	387 sqft	AED 496KAED 496,278 · Nov 2016November 2016	60,000 /yr

1–7 of 22

709, Candace Aster Serviced Residence in numbers

Sold once: by Azizi Developments on 20 September 2016 for AED 490,210, or AED 1,293 per sqft.
Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 23,000 in 2021 and recovered to AED 35,000 by February 2024.
At AED 35,000 a year the gross yield on the 2016 price is 7.1%.

Source: Dubai Land Department. Updated 18 February 2024.

Questions about 709, Candace Aster Serviced Residence

What did unit 709 last sell for?

AED 490,210 on 20 September 2016, sold by the developer: AED 1,293 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 35,000 a year on the contract renewed on 18 February 2024. The previous contract, from February 2023, was AED 35,000; the unit has been rented since June 2018.

How big is unit 709?

379 sqft (35.2 sqm): a hotel apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 709, Candace Aster Serviced Residence

Starts from the last sale price (AED 490K, 20 September 2016). Switch to today's estimate once you have unlocked it.

Price: AED 490,210
Deposit, UAE resident (20%): AED 98,042
Deposit, non-resident (40%): AED 196,084
Monthly over 25 years at 3.7%: AED 2,006

Plus AED 23,498 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →