Candace Acacia Hotel Apartments
1 BR · Apartment
About the building
12-storey residential building in Al Furjan, completed in 2017. Developer — Azizi Developments.
Specifications for Candace Acacia per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
Al Furjan
A mid-market district between Discovery Gardens and Jebel Ali with two metro stations — the quiet alternative to JVC.
- metro access at mid-market prices
- quieter than JVC
- stable tenants
What to check: Measure the actual walking distance to the metro station rather than trusting the listing. In a Dubai summer a fifteen-minute walk is not a walk, and only genuine proximity earns the rent premium.
Full district guide →Questions and answers about lot NP9-210554
How much is this 1-bedroom apartment in Candace Acacia Hotel Apartments?
Lot NP9-210554 is priced at AED 1 100 000, about $300 000. The size is 764 sq ft (71 m²), which works out at AED 1 440 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 1 107 646; it is now AED 1 100 000 — AED 7 646 less, or 1%.
Is this expensive or cheap for Al Furjan?
The database holds 34 lots in Al Furjan, starting from AED 650 000. The area median is AED 1 389 per sq ft; this lot, at AED 1 440, is 4% above it. 8 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Al Furjan area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2017 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 220 000; a loan of AED 880 000 over 25 years at 3.75–4.99% a year comes to roughly AED 4 500–5 100 a month. A non-resident puts down from 40% (AED 440 000) and pays about AED 3 400–3 900 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 44 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 900 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Candace Acacia Hotel Apartments?
The building has 12 floors and 316 units. Completion year: 2017. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-210554 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in Al Furjan
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