Studio · 379 sqftCandace Aster Serviced Residence, Al Furjan · 5th floor · completed 2017

506, Candace Aster Serviced Residence

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 10 November 2025

Last soldAED 493K20 September 2016

Current rentAED 50K /yr10 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 506, Candace Aster Serviced Residence

Today

What is 506 worth today?

Last sold for AED 492,859 in 2016

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10 Nov 2025

10 Nov 2025RentedNew contract

AED 50,000/yr12 months · AED 132 per sqft

15 Sep 2024

15 Sep 2024RentedRenewal

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

15 Sep 2023

15 Sep 2023RentedRenewal

AED 38,000/yr12 months · AED 101 per sqft

15 Sep 2022

15 Sep 2022RentedNew contract

AED 34,000/yr12 months · AED 90 per sqft

4 Aug 2021

4 Aug 2021RentedNew contract

AED 24,000/yr12 months · AED 64 per sqft

15 Jan 2020

15 Jan 2020RentedNew contract

AED 30,000/yr12 months · AED 80 per sqft

1 Nov 2018

1 Nov 2018RentedNew contract

AED 36,000/yr12 months · AED 96 per sqft

20 Sep 2016

20 Sep 2016Sold by developerOff-plan

AED 492,859AED 1,299 per sqft

Source: Dubai Land Department. Updated 10 November 2025.

Key facts

Type: Studio hotel apartment
Size: 379 sqft
Floor: 5th of 10
Parking: P1-05
Developer: Azizi Developments
Completed: 2017
Last sold: AED 493K · September 2016
Building: Candace Aster Serviced Residence

About 506, Candace Aster Serviced Residence

506 is a studio of 379 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 20 September 2016 for AED 492,859, or AED 1,299 per sqft, in line with the AED 1,299 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 10 November 2025, is AED 50,000 a year: a gross yield of 10.1% on the 2016 price.

Sales and rents for 506 over time

Sales

Unit 506, each saleTypical studio in Candace Aster Serviced Residence

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

Rents

Unit 506, 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 506 sits

All 147 studios →

Studios in Candace Aster Serviced Residence · last 12 months1,423 /sqft Candace Aster Serviced Residence · all types1,204 /sqft

506 last sold in September 2016 at AED 1,299 per sqft, in line with what studios in Candace Aster Serviced Residence were fetching at the time (AED 1,299). Over the last 12 months studios sold for AED 480,000 to 568,000, around AED 1,423 per sqft, and rent for AED 34,178 to 55,000 a year. 506's AED 50,000 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
3 Feb 20263 February 2026	376 sqft	568,000	1,511
4 Jul 20254 July 2025	374 sqft	515,000	1,377
28 May 202528 May 2025	494 sqft	420,000	850
20 May 202520 May 2025	380 sqft	500,000	1,316

3 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. 6 sold in the last 12 months.

Typical price per sqft: AED 1,204
Typical sale: AED 719K
Typical rent: AED 55K /yr
Typical yield: 10.7%

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	60,000 /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
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	38,400 /yr
510	Studio	380 sqft	AED 494KAED 494,227 · Nov 2016November 2016	42,000 /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	50,000 /yr
514		377 sqft	AED 600KAED 600,000 · Nov 2025November 2025	69,000 /yr
515	Studio	386 sqft	AED 315KAED 315,000 · Mar 2021March 2021	40,000 /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	50,000 /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	50,000 /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

506, Candace Aster Serviced Residence in numbers

Sold once: by Azizi Developments on 20 September 2016 for AED 492,859, or AED 1,299 per sqft.
Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 36,000 to AED 24,000 in 2021 and recovered to AED 50,000 by November 2025.
At AED 50,000 a year the gross yield on the 2016 price is 10.1%.
Studios in Candace Aster Serviced Residence sold for AED 480,000–568,000 in the 12 months to November 2026; the building's median across all types is AED 1,204 per sqft.

Source: Dubai Land Department. Updated 10 November 2025.

Questions about 506, Candace Aster Serviced Residence

What did unit 506 last sell for?

AED 492,859 on 20 September 2016, sold by the developer: AED 1,299 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 50,000 a year on the contract signed on 10 November 2025. The previous contract, from September 2024, was AED 40,000; the unit has been rented since November 2018.

How big is unit 506?

379 sqft (35.2 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.

What is unit 506 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 568,000 in the last 12 months, around AED 1,423 per sqft.

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Mortgage on 506, Candace Aster Serviced Residence

Starts from the last sale price (AED 493K, 20 September 2016). Switch to today's estimate once you have unlocked it.

Price: AED 492,859
Deposit, UAE resident (20%): AED 98,572
Deposit, non-resident (40%): AED 197,144
Monthly over 25 years at 3.7%: AED 2,016

Plus AED 23,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →