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1-bed · 766 sqftCandace Aster Serviced Residence, Al Furjan · 8th floor · completed 2017

816, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 861K31 May 2024
Current rentAED 65K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 816, Candace Aster Serviced Residence

What is 816 worth today?

Last sold for AED 861,030 in 2024

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5 Jun 2024RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
31 May 2024Sold by developerReady
AED 861,030AED 1,124 per sqft
15 Nov 2018RentedNew contract
AED 57,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
1-bed hotel apartment
Size
766 sqft
Floor
8th of 10
Parking
P2-27
Developer
Azizi Developments
Completed
2017
Last sold
AED 861K · May 2024
Building
Candace Aster Serviced Residence

About 816, Candace Aster Serviced Residence

816 is a one-bedroom hotel apartment of 766 sqft on the 8th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 31 May 2024 for AED 861,030, or AED 1,124 per sqft, in line with the AED 1,112 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 5 June 2024, is AED 65,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 816 over time

Sales
Unit 816, each saleTypical one-bed in Candace Aster Serviced Residence
800K1M20172019202120232025Typical sale price by year: 2017 AED 1,061,429; 2018 AED 1,031,901; 2023 AED 753,000; 2024 AED 850,050Sold by developer, May 2024: AED 861,030 (AED 1,124 per sqft)

816 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 816, each contractTypical one-bed in Candace Aster Serviced Residence
40K60K80K2018202120242027Typical rent by year: 2018 AED 57,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 42,000; 2022 AED 45,000; 2023 AED 57,500; 2024 AED 65,000; 2025 AED 66,500; 2026 AED 75,000New contract, November 2018: AED 57,000 a yearNew contract, June 2024: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Candace Aster Serviced Residence, and where 816 sits

All 55 1-beds →

816 last sold in May 2024 at AED 1,124 per sqft, in line with what one-beds in Candace Aster Serviced Residence were fetching at the time (AED 1,112). Over the last 12 months one-beds sold for AED 870,000, around AED 1,145 per sqft, and rent for AED 60,000 to 75,000 a year. 816's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 2025870,000
31 Oct 2024755,000
5 Sep 2024928,800
4 Sep 2024641,080
1 1-bed sale 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 8th floor

All 226 units in Candace Aster Serviced Residence
Value
8012-bedAED 1.16M · Dec 2025
8021-bedAED 1.06M · Apr 2017
8031-bedAED 641K · Sep 2024
804StudioAED 405K · Jul 2023
8051-bedAED 1.13M · Apr 2017
806StudioAED 503K · Oct 2016
807StudioAED 504K · Dec 2016
1–7 of 22

816, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 31 May 2024 for AED 861,030, or AED 1,124 per sqft.
  • Rented since November 2018 on 2 Ejari contracts, from AED 57,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 7.5%.
  • One-beds in Candace Aster Serviced Residence sold for AED 870,000–870,000 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 5 June 2024.

Questions about 816, Candace Aster Serviced Residence

What did unit 816 last sell for?

AED 861,030 on 31 May 2024, sold by the developer: AED 1,124 per sqft for 766 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 65,000 a year on the contract signed on 5 June 2024. The previous contract, from November 2018, was AED 57,000.

How big is unit 816?

766 sqft (71.2 sqm): a one-bedroom hotel apartment on the 8th floor of a 10-storey tower completed in 2017.

What is unit 816 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Candace Aster Serviced Residence sold for AED 870,000 to 870,000 in the last 12 months, around AED 1,145 per sqft.

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Mortgage on 816, Candace Aster Serviced Residence

Starts from the last sale price (AED 861K, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 861,030
Deposit, UAE resident (20%)
AED 172,206
Deposit, non-resident (40%)
AED 344,412
Monthly over 25 years at 3.7%
AED 3,523

Plus AED 41,173 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →