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 27 August 2024

Last soldAED 315K29 March 2021

Current rentAED 40K /yr27 August 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 515, Candace Aster Serviced Residence

Today

What is 515 worth today?

Last sold for AED 315,000 in 2021

Unlock today's estimate, updated daily, with

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

27 Aug 2024

27 Aug 2024RentedRenewal

AED 40,000/yr12 months · AED 103 per sqft

27 Aug 2023

27 Aug 2023RentedNew contract

AED 38,000/yr12 months · AED 98 per sqft

1 Jul 2022

1 Jul 2022RentedRenewal

AED 28,600/yr12 months · AED 74 per sqft

1 Jul 2021

1 Jul 2021RentedNew contract

AED 26,000/yr12 months · AED 67 per sqft

29 Mar 2021

29 Mar 2021SoldReady

AED 315,000AED 815 per sqft

20 Sep 2019

20 Sep 2019RentedNew contract

AED 32,000/yr12 months · AED 83 per sqft

1 Jul 2018

1 Jul 2018RentedNew contract

AED 37,898/yr12 months · AED 98 per sqft

25 Oct 2016

25 Oct 2016Sold by developerOff-plan

AED 502,713AED 1,300 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

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
Building: Candace Aster Serviced Residence

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 6 Ejari contracts. The current contract, renewed on 27 August 2024, is AED 40,000 a year: a gross yield of 12.7% on the 2021 price.

Sales and rents for 515 over time

Sales

Unit 515, each saleTypical studio in Candace Aster Serviced Residence

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

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 147 studios →

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

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 568,000, around AED 1,423 per sqft, and rent for AED 34,178 to 55,000 a year. 515's AED 40,000 is in the lower 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
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	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
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

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 6 Ejari contracts. The rent fell from AED 37,898 to AED 26,000 in 2021 and recovered to AED 40,000 by August 2024.
At AED 40,000 a year the gross yield on the 2021 price is 12.7%.
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 27 August 2024.

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 40,000 a year on the contract renewed on 27 August 2024. The previous contract, from August 2023, was AED 38,000; 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 568,000 in the last 12 months, around AED 1,423 per sqft.

Selling 515? 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 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 AED 16,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →