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

518, Candace Aster Serviced Residence

Sold prices and rental history: sold twice, last in May 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 2 June 2026
Last soldAED 480K16 May 2024
Current rentAED 46K /yr2 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Candace Aster Serviced Residence

What is 518 worth today?

Last sold for AED 480,000 in 2024

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2 Jun 2026RentedNew contract
AED 46,000/yr12 months · AED 123 per sqft
2 Jun 2025RentedRenewal
AED 50,000/yr12 months · AED 134 per sqft
2 Jun 2024RentedNew contract
AED 50,000/yr12 months · AED 134 per sqft
16 May 2024SoldReady
AED 480,000AED 1,282 per sqft
5 Mar 2018Sold by developerReady
AED 486,152AED 1,298 per sqft

Source: Dubai Land Department. Updated 2 June 2026.

Key facts

Type
Studio hotel apartment
Size
374 sqft
Floor
5th of 10
Parking
P1-17
Developer
Azizi Developments
Completed
2017
Last sold
AED 480K · May 2024

About 518, Candace Aster Serviced Residence

518 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. It last sold on 16 May 2024 for AED 480,000, or AED 1,282 per sqft, 13% above the AED 1,132 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 2 June 2026, is AED 46,000 a year: a gross yield of 9.6% on the 2024 price.

Sales and rents for 518 over time

Sales
Unit 518, 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 2018: AED 486,152 (AED 1,298 per sqft)Sold, May 2024: AED 480,000 (AED 1,282 per sqft)

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

Rents
Unit 518, each contractTypical studio in Candace Aster Serviced Residence
40K2018202120242027Typical 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, June 2024: AED 50,000 a yearRenewal, June 2025: AED 50,000 a yearNew contract, June 2026: AED 46,000 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 518 sits

All 159 studios →

518 last sold in May 2024 at AED 1,282 per sqft, 13% above what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,132). 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. 518's AED 46,000 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

518, Candace Aster Serviced Residence in numbers

  • Sold twice: first on 5 March 2018 for AED 486,152, last on 16 May 2024 for AED 480,000 (AED 1,282 per sqft).
  • Rented since June 2024 on 3 Ejari contracts, from AED 50,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2024 price is 9.6%.
  • 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 2 June 2026.

Questions about 518, Candace Aster Serviced Residence

What did unit 518 last sell for?

AED 480,000 on 16 May 2024: AED 1,282 per sqft for 374 sqft. The unit has 2 registered sales; the first was AED 486,152 in March 2018.

What is the rent for unit 518?

AED 46,000 a year on the contract signed on 2 June 2026. The previous contract, from June 2025, was AED 50,000; the unit has been rented since June 2024.

How big is unit 518?

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

What is unit 518 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 518, Candace Aster Serviced Residence

Starts from the last sale price (AED 480K, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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