Studio · 387 sqftCandace Aster Serviced Residence, Al Furjan · 5th floor · completed 2017

523, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 523 · DLD and Ejari recordsUpdated 10 February 2025

Last soldAED 493K11 October 2016

Current rentAED 40K /yr10 February 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 523, Candace Aster Serviced Residence

Today

What is 523 worth today?

Last sold for AED 492,585 in 2016

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10 Feb 2025

10 Feb 2025RentedRenewal

AED 40,000/yr12 months · AED 106 per sqft

10 Feb 2023

10 Feb 2023RentedNew contract

AED 34,000/yr12 months · AED 88 per sqft

19 Jan 2022

19 Jan 2022RentedNew contract

AED 30,000/yr12 months · AED 77 per sqft

11 Oct 2016

11 Oct 2016Sold by developerOff-plan

AED 492,585AED 1,272 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type: Studio hotel apartment
Size: 387 sqft
Floor: 5th of 10
Parking: P1-22
Developer: Azizi Developments
Completed: 2017
Last sold: AED 493K · October 2016
Building: Candace Aster Serviced Residence

About 523, Candace Aster Serviced Residence

523 is a studio of 387 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 11 October 2016 for AED 492,585, or AED 1,272 per sqft, in line with the AED 1,298 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 40,000 a year: a gross yield of 8.1% on the 2016 price.

Sales and rents for 523 over time

Sales

Unit 523, each saleTypical studio in Candace Aster Serviced Residence

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

Rents

Unit 523, 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 523 sits

All 159 studios →

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

523 last sold in October 2016 at AED 1,272 per sqft, in line with what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,298). 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. 523's AED 40,000 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
512	Studio	374 sqft	AED 483KAED 482,867 · Apr 2017April 2017	46,000 /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

1–7 of 22

523, Candace Aster Serviced Residence in numbers

Sold once: by Azizi Developments on 11 October 2016 for AED 492,585, or AED 1,272 per sqft.
Rented since January 2022 on 3 Ejari contracts, from AED 30,000 to AED 40,000 a year.
At AED 40,000 a year the gross yield on the 2016 price is 8.1%.
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 10 February 2025.

Questions about 523, Candace Aster Serviced Residence

What did unit 523 last sell for?

AED 492,585 on 11 October 2016, sold by the developer: AED 1,272 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 40,000 a year on the contract renewed on 10 February 2025. The previous contract, from February 2023, was AED 34,000; the unit has been rented since January 2022.

How big is unit 523?

387 sqft (36.0 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.

What is unit 523 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 523, Candace Aster Serviced Residence

Starts from the last sale price (AED 493K, 11 October 2016). Switch to today's estimate once you have unlocked it.

Price: AED 492,585
Deposit, UAE resident (20%): AED 98,517
Deposit, non-resident (40%): AED 197,034
Monthly over 25 years at 3.7%: AED 2,015

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