Studio · 379 sqftCandace Aster Serviced Residence, Al Furjan · 5th floor · completed 2017

509, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 491K10 November 2016
Current rentAED 40K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Candace Aster Serviced Residence

What is 509 worth today?

Last sold for AED 491,080 in 2016

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20 Jul 2026RentedRenewal
AED 40,320/yr12 months · AED 107 per sqft
20 Jul 2025RentedRenewal
AED 38,400/yr12 months · AED 102 per sqft
20 Jul 2024RentedRenewal
AED 35,000/yr12 months · AED 93 per sqft
20 Jul 2023RentedRenewal
AED 32,500/yr12 months · AED 86 per sqft
20 Jul 2022RentedRenewal
AED 27,000/yr12 months · AED 72 per sqft
20 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 64 per sqft
15 May 2020RentedNew contract
AED 26,000/yr12 months · AED 69 per sqft
1 Apr 2019RentedRenewal
AED 34,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
Studio hotel apartment
Size
379 sqft
Floor
5th of 10
Parking
P1-08
Developer
Azizi Developments
Completed
2017
Last sold
AED 491K · November 2016

About 509, Candace Aster Serviced Residence

509 is a studio of 379 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 10 November 2016 for AED 491,080, or AED 1,295 per sqft, in line with the AED 1,297 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 40,320 a year: a gross yield of 8.2% on the 2016 price.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical studio in Candace Aster Serviced Residence
400K2016201920222025Typical sale price by year: 2016 AED 491,983; 2017 AED 495,689; 2018 AED 486,777; 2019 AED 400,000; 2020 AED 300,000; 2021 AED 325,000; 2022 AED 350,000; 2023 AED 417,500; 2024 AED 490,000; 2025 AED 520,000; 2026 AED 537,500Sold by developer, November 2016: AED 491,080 (AED 1,295 per sqft)

509 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 509, each contractTypical studio in Candace Aster Serviced Residence
20K40K2018202120242027Typical rent by year: 2018 AED 36,000; 2019 AED 34,000; 2020 AED 26,000; 2021 AED 25,000; 2022 AED 30,000; 2023 AED 37,250; 2024 AED 45,000; 2025 AED 47,000; 2026 AED 46,000Renewal, April 2019: AED 34,000 a yearNew contract, May 2020: AED 26,000 a yearNew contract, July 2021: AED 24,000 a yearRenewal, July 2022: AED 27,000 a yearRenewal, July 2023: AED 32,500 a yearRenewal, July 2024: AED 35,000 a yearRenewal, July 2025: AED 38,400 a yearRenewal, July 2026: AED 40,320 a year

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 509 sits

All 159 studios →

509 last sold in November 2016 at AED 1,295 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 600,000, around AED 1,412 per sqft, and rent for AED 34,178 to 68,400 a year. 509's AED 40,320 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Sep 2026560,000
17 Jul 2026575,000
6 Jul 2026550,000
29 Apr 2026515,000
10 studio 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
5051-bedAED 876K · Dec 2018
506StudioAED 493K · Sep 2016
507StudioAED 485K · Apr 2017
1–7 of 22

509, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 10 November 2016 for AED 491,080, or AED 1,295 per sqft.
  • Rented since April 2019 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 24,000 in 2021 and recovered to AED 40,320 by July 2026.
  • At AED 40,320 a year the gross yield on the 2016 price is 8.2%.
  • Studios in Candace Aster Serviced Residence sold for AED 480,000–600,000 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 20 July 2026.

Questions about 509, Candace Aster Serviced Residence

What did unit 509 last sell for?

AED 491,080 on 10 November 2016, sold by the developer: AED 1,295 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 40,320 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 38,400; the unit has been rented since April 2019.

How big is unit 509?

379 sqft (35.2 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.

What is unit 509 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 600,000 in the last 12 months, around AED 1,412 per sqft.

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Mortgage on 509, Candace Aster Serviced Residence

Starts from the last sale price (AED 491K, 10 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 491,080
Deposit, UAE resident (20%)
AED 98,216
Deposit, non-resident (40%)
AED 196,432
Monthly over 25 years at 3.7%
AED 2,009

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