Studio · 375 sqftCandace Aster Serviced Residence, Al Furjan · 5th floor · completed 2017

511, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 491K27 March 2017
Current rentAED 44K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Candace Aster Serviced Residence

What is 511 worth today?

Last sold for AED 490,943 in 2017

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1 Oct 2026RentedRenewal
AED 43,500/yr12 months · AED 115 per sqft
1 Oct 2025RentedRenewal
AED 43,500/yr12 months · AED 115 per sqft
1 Oct 2024RentedNew contract
AED 42,000/yr12 months · AED 111 per sqft
25 Sep 2023RentedNew contract
AED 39,000/yr12 months · AED 104 per sqft
1 Jan 2021RentedNew contract
AED 22,000/yr12 months · AED 59 per sqft
6 Nov 2019RentedNew contract
AED 29,000/yr12 months · AED 77 per sqft
27 Mar 2017Sold by developerOff-plan
AED 490,943AED 1,308 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

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

About 511, Candace Aster Serviced Residence

511 is a studio of 375 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 27 March 2017 for AED 490,943, or AED 1,308 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 6 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 43,500 a year: a gross yield of 8.9% on the 2017 price.

Sales and rents for 511 over time

Sales
Unit 511, 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, March 2017: AED 490,943 (AED 1,308 per sqft)

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

Rents
Unit 511, 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 46,000New contract, November 2019: AED 29,000 a yearNew contract, January 2021: AED 22,000 a yearNew contract, September 2023: AED 39,000 a yearNew contract, October 2024: AED 42,000 a yearRenewal, October 2025: AED 43,500 a yearRenewal, October 2026: AED 43,500 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 511 sits

All 159 studios →

511 last sold in March 2017 at AED 1,308 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. 511's AED 43,500 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

511, Candace Aster Serviced Residence in numbers

  • Sold once: by Azizi Developments on 27 March 2017 for AED 490,943, or AED 1,308 per sqft.
  • Rented since November 2019 on 6 Ejari contracts. The rent fell from AED 29,000 to AED 22,000 in 2021 and recovered to AED 43,500 by October 2026.
  • At AED 43,500 a year the gross yield on the 2017 price is 8.9%.
  • 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 1 October 2026.

Questions about 511, Candace Aster Serviced Residence

What did unit 511 last sell for?

AED 490,943 on 27 March 2017, sold by the developer: AED 1,308 per sqft for 375 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 43,500 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 43,500; the unit has been rented since November 2019.

How big is unit 511?

375 sqft (34.8 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.

What is unit 511 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 511, Candace Aster Serviced Residence

Starts from the last sale price (AED 491K, 27 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 490,943
Deposit, UAE resident (20%)
AED 98,189
Deposit, non-resident (40%)
AED 196,377
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 →