1-bed · 758 sqftCandace Aster Serviced Residence, Al Furjan · 5th floor · completed 2017

505, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in December 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 876K20 December 2018
Current rentAED 68K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Candace Aster Serviced Residence

What is 505 worth today?

Last sold for AED 876,350 in 2018

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15 Jun 2025RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft
8 Feb 2024RentedRenewal
AED 48,600/yr12 months · AED 65 per sqft
8 Feb 2023RentedRenewal
AED 46,200/yr12 months · AED 61 per sqft
8 Feb 2022RentedRenewal
AED 42,000/yr12 months · AED 56 per sqft
8 Feb 2021RentedRenewal
AED 40,000/yr12 months · AED 53 per sqft
8 Feb 2020RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
8 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
20 Dec 2018Sold by developerReady
AED 876,350AED 1,155 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
1-bed hotel apartment
Size
758 sqft
Floor
5th of 10
Parking
P1-04
Developer
Azizi Developments
Completed
2017
Last sold
AED 876K · December 2018

About 505, Candace Aster Serviced Residence

505 is a one-bedroom hotel apartment of 758 sqft on the 5th 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 December 2018 for AED 876,350, or AED 1,155 per sqft, 15% below the AED 1,353 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 15 June 2025, is AED 68,000 a year: a gross yield of 7.8% on the 2018 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Candace Aster Serviced Residence
800K1M2017202020232026Typical sale price by year: 2017 AED 1,061,798; 2018 AED 1,035,500; 2023 AED 753,000; 2024 AED 850,050; 2025 AED 870,000Sold by developer, December 2018: AED 876,350 (AED 1,155 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Candace Aster Serviced Residence
40K60K2018202120242027Typical rent by year: 2018 AED 56,500; 2019 AED 53,000; 2020 AED 46,000; 2021 AED 42,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 65,000; 2025 AED 67,000; 2026 AED 65,000New contract, February 2019: AED 55,000 a yearRenewal, February 2020: AED 50,000 a yearRenewal, February 2021: AED 40,000 a yearRenewal, February 2022: AED 42,000 a yearRenewal, February 2023: AED 46,200 a yearRenewal, February 2024: AED 48,600 a yearNew contract, June 2025: AED 68,000 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 505 sits

All 58 1-beds →

505 last sold in December 2018 at AED 1,155 per sqft, 15% below what one-beds in Candace Aster Serviced Residence were fetching at the time (AED 1,353). Over the last 12 months one-beds sold for AED 870,000, around AED 1,144 per sqft, and rent for AED 58,729 to 79,000 a year. 505's AED 68,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Mar 2026870,000
18 Dec 2025870,000
23 Sep 2025756,581
19 Sep 2025875,000
2 1-bed sales 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. 14 sold in the last 12 months.

Typical price per sqft
AED 1,345 Up 16.7%
Typical sale
AED 564K
Typical rent
AED 50K /yr
Typical yield
8.6%
Candace Aster Serviced Residence, Al Furjan: prices, sales and rents →
Value
5012-bedAED 1.29M · Apr 2024
5021-bedAED 1.03M · Feb 2018
5031-bedAED 1.05M · Jun 2017
504StudioAED 485K · Oct 2016
506StudioAED 493K · Sep 2016
507StudioAED 485K · Apr 2017
508StudioAED 493K · Sep 2016
1–7 of 22

505, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 20 December 2018 for AED 876,350, or AED 1,155 per sqft.
  • Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2021 and recovered to AED 68,000 by June 2025.
  • At AED 68,000 a year the gross yield on the 2018 price is 7.8%.
  • 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 1,345 per sqft.

Source: Dubai Land Department. Updated 15 June 2025.

Questions about 505, Candace Aster Serviced Residence

What did unit 505 last sell for?

AED 876,350 on 20 December 2018, sold by the developer: AED 1,155 per sqft for 758 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 68,000 a year on the contract signed on 15 June 2025. The previous contract, from February 2024, was AED 48,600; the unit has been rented since February 2019.

How big is unit 505?

758 sqft (70.4 sqm): a one-bedroom hotel apartment on the 5th floor of a 10-storey tower completed in 2017.

What is unit 505 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 1,144 per sqft.

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Mortgage on 505, Candace Aster Serviced Residence

Starts from the last sale price (AED 876K, 20 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 876,350
Deposit, UAE resident (20%)
AED 175,270
Deposit, non-resident (40%)
AED 350,540
Monthly over 25 years at 3.7%
AED 3,585

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →