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1-bed · 766 sqftCandace Aster Serviced Residence, Al Furjan · 9th floor · completed 2017

916, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 916 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 1.1M19 June 2017
Current rentAED 70K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 916, Candace Aster Serviced Residence

What is 916 worth today?

Last sold for AED 1,097,685 in 2017

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18 Nov 2024RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
14 Sep 2023RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
19 Jun 2017Sold by developerOff-plan
AED 1,097,685AED 1,433 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
1-bed hotel apartment
Size
766 sqft
Floor
9th of 10
Parking
P2-49
Developer
Azizi Developments
Completed
2017
Last sold
AED 1.1M · June 2017
Building
Candace Aster Serviced Residence

About 916, Candace Aster Serviced Residence

916 is a one-bedroom hotel apartment of 766 sqft on the 9th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. The developer sold it on 19 June 2017 for AED 1,097,685, or AED 1,433 per sqft, 4% above the AED 1,375 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 18 November 2024, is AED 70,000 a year: a gross yield of 6.4% on the 2017 price.

Sales and rents for 916 over time

Sales
Unit 916, 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, June 2017: AED 1,097,685 (AED 1,433 per sqft)

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

Rents
Unit 916, 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, September 2023: AED 55,000 a yearNew contract, November 2024: AED 70,000 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 916 sits

All 55 1-beds →

916 last sold in June 2017 at AED 1,433 per sqft, 4% above what one-beds in Candace Aster Serviced Residence were fetching at the time (AED 1,375). 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. 916's AED 70,000 is in the upper 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 9th floor

All 226 units in Candace Aster Serviced Residence
Value
9012-bedAED 1.66M · Jan 2018
902AED 1.07M · Apr 2017
9031-bedAED 845K · May 2024
904StudioAED 300K · Nov 2020
9051-bedAED 1.16M · Nov 2017
906StudioAED 500K · Oct 2024
907StudioAED 450K · Oct 2023
1–7 of 22

916, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 19 June 2017 for AED 1,097,685, or AED 1,433 per sqft.
  • Rented since September 2023 on 2 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 6.4%.
  • 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 18 November 2024.

Questions about 916, Candace Aster Serviced Residence

What did unit 916 last sell for?

AED 1,097,685 on 19 June 2017, sold by the developer: AED 1,433 per sqft for 766 sqft. It is the only registered sale of the unit.

What is the rent for unit 916?

AED 70,000 a year on the contract signed on 18 November 2024. The previous contract, from September 2023, was AED 55,000.

How big is unit 916?

766 sqft (71.2 sqm): a one-bedroom hotel apartment on the 9th floor of a 10-storey tower completed in 2017.

What is unit 916 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 916, Candace Aster Serviced Residence

Starts from the last sale price (AED 1.1M, 19 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,097,685
Deposit, UAE resident (20%)
AED 219,537
Deposit, non-resident (40%)
AED 439,074
Monthly over 25 years at 3.7%
AED 4,491

Plus AED 51,112 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →