BuildingMajan · ARAS Real Estate Development · 2022

Aras Residence

Studios to three-beds in Majan. 10 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 1 November 2026
Typical price per sqftAED 1,035Up 3.1% on the year
Typical saleAED 849K10 sales
Typical rentAED 55K /yrAED 79 per sqft
Typical yield7.6%gross, before service charges

About Aras Residence

Aras Residence is an apartment building in Majan, Dubai. It was completed in 2022 by ARAS Real Estate Development and rises to eight storeys with 96 apartments. Homes range from studios to three-bedroom units, with sizes from 431 to 2,449 sqft. The neighbouring buildings include The 50, Sherena Residence and The Haven 2. Several everyday amenities are close by. Quick Supermarket Majan, Al Barari and Med 7 Al Safa Pharmacy are each about 100 m away, within walking distance. Miles of Smiles Nursery is about 200 m away, and Majan Oval, a park, is about 300 m away. Midtown Central Shopping Mall Majan is within walking distance at about 400 m. Kids Spot Nursery - Al Barari is about 600 m away.

96 apartments over 8 floors: 38 studios of 431 to 668 sqft, 41 one-beds of 769 to 1,198 sqft, 16 two-beds of 1,176 to 2,120 sqft and 1 three-bed of 2,449 sqft.

10 apartments sold in the 12 months to November 2026, at a median of AED 1,035 per sqft, up 3.1% on the year before. Most of the trading is in one-beds: 5 of the 10 sales, at AED 640,000 to 1,035,000. 49 rental contracts were registered over the same 12 months, at a typical AED 55,000 a year.

Developer
ARAS Real Estate Development
Completed
2022
Floors
8
Units
96
Unit types
Studio to 3-bed

Majan, Dubai

Average prices in Aras Residence

In Aras Residence, typical sale prices over the last 12 months were around AED 463,000 for studios, AED 828,000 for one-beds and AED 1,340,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Aras Residence

8001,000May 2026Nov 20262025-12-17: AED 1,043, Studio, 431 sqft2025-12-24: AED 1,026, Studio, 463 sqft2026-01-09: AED 935, 2-bed, 1,176 sqft2026-02-03: AED 1,345, 1-bed, 769 sqft2026-02-13: AED 1,135, 2-bed, 1,176 sqft2026-04-08: AED 1,147, 2-bed, 1,176 sqft2026-05-05: AED 1,012, 1-bed, 818 sqft2026-07-30: AED 845, 1-bed, 857 sqft2026-08-04: AED 1,063, 1-bed, 818 sqft2026-10-08: AED 772, 1-bed, 828 sqftTrend: AED 1,127 to AED 881

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Aras Residence

  • Completed1-bed · 828 sqft 08 Oct 2026AED 640,000773 /sqft
  • Completed1-bed · 818 sqft 04 Aug 2026AED 870,0001,063 /sqft
  • Completed1-bed · 857 sqft 30 Jul 2026AED 725,000846 /sqft
  • Completed1-bed · 818 sqft 05 May 2026AED 828,0001,012 /sqft
  • Completed2-bed · 1,176 sqft 08 Apr 2026AED 1,350,0001,148 /sqft
  • Completed2-bed · 1,176 sqft 13 Feb 2026AED 1,335,0001,135 /sqft
  • Completed1-bed · 769 sqft 03 Feb 2026AED 1,035,0001,346 /sqft
  • Completed2-bed · 1,176 sqft 09 Jan 2026AED 1,100,000935 /sqft
  • CompletedStudio · 462 sqft 24 Dec 2025AED 475,0001,026 /sqft
  • CompletedStudio · 431 sqft 17 Dec 2025AED 450,0001,044 /sqft

Over the last 12 months, Aras Residence has recorded 10 apartment sales. Typical homes sold for around AED 849K (about AED 1,035 per sqft) with a median size of 823 sqft; most were one-beds, from roughly AED 450K to AED 1.35M.

1–10 of 136

Units in Aras Residence

96 units
  • Unit 1012-bed · 1,376 sqftSold AED 1.05M, Mar 2022
  • Unit 1022-bed · 1,653 sqftSold AED 1.2M, Mar 2022
  • Unit 1032-bed · 1,294 sqftSold AED 1.13M, Apr 2022
  • Unit 1041-bed · 1,176 sqftSold AED 728K, Nov 2021
  • Unit 1051-bed · 859 sqftSold AED 665K, Jul 2022
  • Unit 1061-bed · 915 sqftSold AED 830K, Sep 2024
  • Unit 1071-bed · 828 sqftSold AED 640K, Oct 2026
  • Unit 108Studio · 668 sqftSold AED 449K, Mar 2022
  • Unit 109Studio · 463 sqftSold AED 475K, Dec 2025
  • Unit 1101-bed · 1,198 sqftSold AED 850K, Jul 2022
1–10 of 96
Every unit in Aras Residence, by number

By type: studios (38), one-beds (41), two-beds (16), three-beds (1).

Nearby in Majan

All 30 →
BuildingSale /sqftYield
The 50AED 1,1376.2%
Sherena ResidenceAED 9517.6%
The Haven 2AED 1,260
Sherena Residences 2Few sales
Madison Residences - ColumbusAED 9087.8%
1–5 of 29 · nearest first

Aras Residence in numbers

  • Across 10 DLD sales in the 12 months to November 2026, the median price in Aras Residence was AED 1,035 per sqft and the typical home sold for about AED 849K.
  • Completed in 2022 by ARAS Real Estate Development ; 8 floors of studios to three-beds.
  • One-beds of 769 to 1,198 sqft sold for AED 640,000 to 1,035,000 between February 2026 and October 2026, a median AED 1,012 per sqft.
  • A studio of 431 to 668 sqft rents for AED 21,000 to 50,000 a year on the 22 contracts registered in the last 12 months.
  • Gross rental yield 7.6%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 November 2026.

Questions

How much does an one-bed in Aras Residence cost?

5 one-beds sold in the 12 months to November 2026, for AED 640,000 to 1,035,000; the median was AED 828,000, or AED 1,012 per sqft.

How much is a studio for rent in Aras Residence?

About AED 42,000 a year: that is the median of the 22 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 21,000 to 50,000.

What is the rental yield in Aras Residence?

About 7.6% gross across the building, from about 6.9% for one-beds to 6.4% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Aras Residence gone up?

The median price per sqft rose from about AED 1,004 to AED 1,035 over the 12 months to November 2026, up 3.1%, on 10 sales against 19 the year before.

Who built Aras Residence and when?

ARAS Real Estate Development ; completed in 2022; 8 floors; 96 apartments.

How many apartments are there in Aras Residence?

96, studios to three-beds. Each has its own page with its full sales and rental history.

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