723, Candace Aster Serviced Residence
Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 723, Candace Aster Serviced Residence
What is 723 worth today?
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Source: Dubai Land Department. Updated 30 November 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 387 sqft
- Floor
- 7th of 10
- Parking
- P2-11
- Developer
- Azizi Developments
- Completed
- 2017
- Last sold
- AED 496K · November 2016
- Building
- Candace Aster Serviced Residence
About 723, Candace Aster Serviced Residence
723 is a studio of 387 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 1 November 2016 for AED 496,278, or AED 1,282 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 4 Ejari contracts. The current contract, signed on 30 November 2024, is AED 60,000 a year: a gross yield of 12.1% on the 2016 price.
Sales and rents for 723 over time
723 has sold once; the dashed line is the studio median of each year in the building.
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 723 sits
All 147 studios →723 last sold in November 2016 at AED 1,282 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. 723's AED 60,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Candace Aster Serviced Residence
Building226 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%
Other units on the 7th floor
All 226 units in Candace Aster Serviced Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 709 | 379 sqft | AED 490KAED 490,210 · Sep 2016September 2016 | 35,000 /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, Candace Aster Serviced Residence in numbers
- Sold once: by Azizi Developments on 1 November 2016 for AED 496,278, or AED 1,282 per sqft.
- Rented since April 2018 on 4 Ejari contracts, from AED 40,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2016 price is 12.1%.
- 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 30 November 2024.
Questions about 723, Candace Aster Serviced Residence
What did unit 723 last sell for?
AED 496,278 on 1 November 2016, sold by the developer: AED 1,282 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 723?
AED 60,000 a year on the contract signed on 30 November 2024. The previous contract, from April 2024, was AED 55,200; the unit has been rented since April 2018.
How big is unit 723?
387 sqft (36.0 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.
What is unit 723 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 723, Candace Aster Serviced Residence
Starts from the last sale price (AED 496K, 1 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 496,278
- Deposit, UAE resident (20%)
- AED 99,256
- Deposit, non-resident (40%)
- AED 198,511
- Monthly over 25 years at 3.7%
- AED 2,030
Plus AED 23,754 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →