Studio · 386 sqftCandace Aster Serviced Residence, Al Furjan · 5th floor · completed 2017

515, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 315K29 March 2021
Current rentAED 44K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Candace Aster Serviced Residence

What is 515 worth today?

Last sold for AED 315,000 in 2021

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5 Sep 2026RentedNew contract
AED 44,000/yr12 months · AED 114 per sqft
27 Aug 2025RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
27 Aug 2024RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
27 Aug 2023RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
1 Jul 2022RentedRenewal
AED 28,600/yr12 months · AED 74 per sqft
1 Jul 2021RentedNew contract
AED 26,000/yr12 months · AED 67 per sqft
29 Mar 2021SoldReady
AED 315,000AED 815 per sqft
20 Sep 2019RentedNew contract
AED 32,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
Studio hotel apartment
Size
386 sqft
Floor
5th of 10
Parking
P1-14
Developer
Azizi Developments
Completed
2017
Last sold
AED 315K · March 2021

About 515, Candace Aster Serviced Residence

515 is a studio of 386 sqft on the 5th floor of Candace Aster Serviced Residence, a 10-storey tower in Al Furjan completed in 2017 by Azizi Developments. It last sold on 29 March 2021 for AED 315,000, or AED 815 per sqft, in line with the AED 799 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 5 September 2026, is AED 44,000 a year: a gross yield of 14.0% on the 2021 price.

Sales and rents for 515 over time

Sales
Unit 515, 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, October 2016: AED 502,713 (AED 1,300 per sqft)Sold, March 2021: AED 315,000 (AED 815 per sqft)

515 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 515, each contractTypical studio in Candace Aster Serviced Residence
30K40K50K2018202120242027Typical 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, July 2018: AED 37,898 a yearNew contract, September 2019: AED 32,000 a yearNew contract, July 2021: AED 26,000 a yearRenewal, July 2022: AED 28,600 a yearNew contract, August 2023: AED 38,000 a yearRenewal, August 2024: AED 40,000 a yearRenewal, August 2025: AED 40,000 a yearNew contract, September 2026: AED 44,000 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 515 sits

All 159 studios →

515 last sold in March 2021 at AED 815 per sqft, in line with what studios in Candace Aster Serviced Residence were fetching at the time (AED 799). 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. 515's AED 44,000 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

515, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 25 October 2016 for AED 502,713, last on 29 March 2021 for AED 315,000 (AED 815 per sqft).
  • Rented since July 2018 on 8 Ejari contracts. The rent fell from AED 37,898 to AED 26,000 in 2021 and recovered to AED 44,000 by September 2026.
  • At AED 44,000 a year the gross yield on the 2021 price is 14.0%.
  • 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 5 September 2026.

Questions about 515, Candace Aster Serviced Residence

What did unit 515 last sell for?

AED 315,000 on 29 March 2021: AED 815 per sqft for 386 sqft. The unit has 2 registered sales; the first was AED 502,713 in October 2016.

What is the rent for unit 515?

AED 44,000 a year on the contract signed on 5 September 2026. The previous contract, from August 2025, was AED 40,000; the unit has been rented since July 2018.

How big is unit 515?

386 sqft (35.9 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.

What is unit 515 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 515, Candace Aster Serviced Residence

Starts from the last sale price (AED 315K, 29 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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