203, Aras Residence
Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Aras Residence
What is 203 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 2nd of 8
- Parking
- P2-27
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 325K · July 2021
- Building
- Aras Residence
About 203, Aras Residence
203 is a studio of 431 sqft on the 2nd floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 6 July 2021 for AED 325,000, or AED 753 per sqft.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 45,000 a year: a gross yield of 13.9% on the 2021 price.
Sales and rents for 203 over time
203 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Aras Residence, and where 203 sits
All 38 studios →Over the last 12 months studios sold for AED 450,000 to 475,000, around AED 1,035 per sqft, and rent for AED 21,000 to 50,000 a year. 203's AED 45,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 463 sqft | 475,000 | 1,026 | ||
| 17 Dec 202517 December 2025 | 431 sqft | 450,000 | 1,043 | ||
| 10 Sep 202510 September 2025 | 431 sqft | 510,000 | 1,183 | ||
| 3 Sep 20253 September 2025 | 457 sqft | 525,000 | 1,149 |
Aras Residence
Building96 apartments, studios to 3-bed over 8 floors in Majan, completed in 2022 by ARAS Real Estate Development . 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,035 Up 3.0%
- Typical sale
- AED 849K
- Typical rent
- AED 55K /yr
- Typical yield
- 7.6%
Other units on the 2nd floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,176 sqft | AED 1MAED 1,000,000 · Dec 2021December 2021 | 86,000 /yr | |
| 202 | 2-bed | 1,181 sqft | AED 740KAED 739,760 · Dec 2021December 2021 | 95,000 /yr | |
| 204 | 1-bed | 857 sqft | AED 725KAED 725,000 · Jul 2026July 2026 | 55,000 /yr | |
| 205 | Studio | 474 sqft | AED 410KAED 410,136 · Nov 2021November 2021 | 46,000 /yr | |
| 206 | Studio | 431 sqft | AED 370KAED 370,000 · Oct 2021October 2021 | ||
| 207 | 1-bed | 846 sqft | AED 665KAED 664,999 · Jul 2022July 2022 | 70,000 /yr | |
| 208 | 1-bed | 769 sqft | AED 690KAED 689,670 · Feb 2022February 2022 | 65,000 /yr | |
| 209 | 1-bed | 818 sqft | AED 1.05MAED 1,050,000 · Oct 2025October 2025 | 75,000 /yr | |
| 210 | Studio | 434 sqft | AED 392KAED 392,000 · Jul 2021July 2021 | 33,000 /yr | |
| 211 | Studio | 457 sqft | AED 500KAED 500,000 · May 2025May 2025 | 50,000 /yr | |
| 212 | Studio | 485 sqft | AED 405KAED 405,000 · Nov 2021November 2021 | 33,588 /yr | |
| 213 | 1-bed | 1,117 sqft | AED 779KAED 778,500 · Mar 2022March 2022 | ||
| 214 | 1-bed | 1,012 sqft | AED 754KAED 754,000 · Jul 2021July 2021 | 75,000 /yr |
203, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 6 July 2021 for AED 325,000, or AED 753 per sqft.
- Rented since August 2024 on 3 Ejari contracts, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2021 price is 13.9%.
- Studios in Aras Residence sold for AED 450,000–475,000 in the 12 months to November 2026; the building's median across all types is AED 1,035 per sqft.
Source: Dubai Land Department. Updated 15 August 2026.
Questions about 203, Aras Residence
What did unit 203 last sell for?
AED 325,000 on 6 July 2021, sold by the developer: AED 753 per sqft for 431 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 45,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 45,000; the unit has been rented since August 2024.
How big is unit 203?
431 sqft (40.0 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2022.
What is unit 203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Aras Residence sold for AED 450,000 to 475,000 in the last 12 months, around AED 1,035 per sqft.
Selling 203? Put it on the OpenOffers board
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Mortgage on 203, Aras Residence
Starts from the last sale price (AED 325K, 6 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 325,000
- Deposit, UAE resident (20%)
- AED 65,000
- Deposit, non-resident (40%)
- AED 130,000
- Monthly over 25 years at 3.7%
- AED 1,330
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →