Studio · 374 sqftCandace Aster Serviced Residence, Al Furjan · 5th floor · completed 2017

512, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 512

Unit 512 · DLD and Ejari recordsUpdated 3 November 2024

Last soldAED 483K12 April 2017

Current rentAED 46K /yr3 November 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 512

Property timeline for 512, Candace Aster Serviced Residence

Today

What is 512 worth today?

Last sold for AED 482,867 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Nov 2024

3 Nov 2024RentedNew contract

AED 46,000/yr12 months · AED 123 per sqft

1 Oct 2023

1 Oct 2023RentedRenewal

AED 32,500/yr12 months · AED 87 per sqft

1 Oct 2022

1 Oct 2022RentedNew contract

AED 31,000/yr12 months · AED 83 per sqft

27 Aug 2021

27 Aug 2021RentedNew contract

AED 25,000/yr12 months · AED 66 per sqft

17 Aug 2020

17 Aug 2020RentedRenewal

AED 26,000/yr12 months · AED 69 per sqft

17 Aug 2019

17 Aug 2019RentedNew contract

AED 32,000/yr12 months · AED 85 per sqft

3 May 2018

3 May 2018RentedNew contract

AED 39,000/yr12 months · AED 104 per sqft

12 Apr 2017

12 Apr 2017Sold by developerOff-plan

AED 482,867AED 1,289 per sqft

Source: Dubai Land Department. Updated 3 November 2024.

Key facts

Type: Studio hotel apartment
Size: 374 sqft
Floor: 5th of 10
Parking: P1-11
Developer: Azizi Developments
Completed: 2017
Last sold: AED 483K · April 2017
Building: Candace Aster Serviced Residence

About 512, Candace Aster Serviced Residence

512 is a studio of 374 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 12 April 2017 for AED 482,867, or AED 1,289 per sqft, in line with the AED 1,297 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 3 November 2024, is AED 46,000 a year: a gross yield of 9.5% on the 2017 price.

Sales and rents for 512 over time

Sales

Unit 512, each saleTypical studio in Candace Aster Serviced Residence

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

Rents

Unit 512, each contractTypical studio in Candace Aster Serviced Residence

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 512 sits

All 159 studios →

Studios in Candace Aster Serviced Residence · last 12 months1,412 /sqft Candace Aster Serviced Residence · all types1,345 /sqft

512 last sold in April 2017 at AED 1,289 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. 512's AED 46,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
21 Sep 202621 September 2026	380 sqft	560,000	1,474
17 Jul 202617 July 2026	840 sqft	575,000	684
6 Jul 20266 July 2026	374 sqft	550,000	1,472
29 Apr 202629 April 2026	374 sqft	515,000	1,377

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 →

Other units on the 5th floor

All 226 units in Candace Aster Serviced Residence


501	2-bed	1,137 sqft	AED 1.29MAED 1,285,700 · Apr 2024April 2024	90,000 /yr
502	1-bed	761 sqft	AED 1.03MAED 1,028,302 · Feb 2018February 2018	63,000 /yr
503	1-bed	760 sqft	AED 1.05MAED 1,050,000 · Jun 2017June 2017	65,000 /yr
504	Studio	376 sqft	AED 485KAED 485,468 · Oct 2016October 2016	25,000 /yr
505	1-bed	758 sqft	AED 876KAED 876,350 · Dec 2018December 2018	68,000 /yr
506	Studio	379 sqft	AED 493KAED 492,859 · Sep 2016September 2016	50,000 /yr
507	Studio	371 sqft	AED 485KAED 485,468 · Apr 2017April 2017	42,000 /yr
508	Studio	374 sqft	AED 493KAED 492,859 · Sep 2016September 2016	46,500 /yr
509	Studio	379 sqft	AED 491KAED 491,080 · Nov 2016November 2016	40,320 /yr
510	Studio	380 sqft	AED 494KAED 494,227 · Nov 2016November 2016	54,000 /yr
511	Studio	375 sqft	AED 491KAED 490,943 · Mar 2017March 2017	43,500 /yr
513	Studio	378 sqft	AED 380KAED 380,000 · May 2023May 2023	55,000 /yr
514	Studio	377 sqft	AED 600KAED 600,000 · Nov 2025November 2025	55,000 /yr
515	Studio	386 sqft	AED 315KAED 315,000 · Mar 2021March 2021	44,000 /yr
516	1-bed	766 sqft	AED 1.07MAED 1,068,779 · Jun 2017June 2017	50,000 /yr
517	Studio	374 sqft	AED 400KAED 400,000 · Feb 2019February 2019	32,000 /yr
518	Studio	374 sqft	AED 480KAED 480,000 · May 2024May 2024	46,000 /yr
519	1-bed	756 sqft	AED 719KAED 719,250 · Aug 2024August 2024	53,361 /yr
520	Studio	375 sqft	AED 410KAED 410,000 · Sep 2023September 2023	48,000 /yr
521	Studio	374 sqft	AED 479KAED 479,000 · Oct 2017October 2017	55,000 /yr
522	1-bed	764 sqft	AED 845KAED 844,800 · Aug 2024August 2024	77,000 /yr
523	Studio	387 sqft	AED 493KAED 492,585 · Oct 2016October 2016	40,000 /yr

1–7 of 22

512, Candace Aster Serviced Residence in numbers

Sold once: by Azizi Developments on 12 April 2017 for AED 482,867, or AED 1,289 per sqft.
Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 39,000 to AED 25,000 in 2021 and recovered to AED 46,000 by November 2024.
At AED 46,000 a year the gross yield on the 2017 price is 9.5%.
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 3 November 2024.

Questions about 512, Candace Aster Serviced Residence

What did unit 512 last sell for?

AED 482,867 on 12 April 2017, sold by the developer: AED 1,289 per sqft for 374 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 46,000 a year on the contract signed on 3 November 2024. The previous contract, from October 2023, was AED 32,500; the unit has been rented since May 2018.

How big is unit 512?

374 sqft (34.7 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.

What is unit 512 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.

Selling 512? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 512, Candace Aster Serviced Residence

Starts from the last sale price (AED 483K, 12 April 2017). Switch to today's estimate once you have unlocked it.

Price: AED 482,867
Deposit, UAE resident (20%): AED 96,573
Deposit, non-resident (40%): AED 193,147
Monthly over 25 years at 3.7%: AED 1,976

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