302, Aras Residence
Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Aras Residence
What is 302 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,181 sqft
- Floor
- 3rd of 8
- Parking
- G-12
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 965K · November 2021
- Building
- Aras Residence
About 302, Aras Residence
302 is a two-bedroom apartment of 1,181 sqft on the 3rd floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 28 November 2021 for AED 965,000, or AED 817 per sqft.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 August 2026, is AED 80,000 a year: a gross yield of 8.3% on the 2021 price.
Sales and rents for 302 over time
302 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Aras Residence, and where 302 sits
All 16 2-beds →Over the last 12 months two-beds sold for AED 1,100,000 to 1,350,000, around AED 1,135 per sqft, and rent for AED 70,000 to 100,000 a year. 302's AED 80,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Apr 20268 April 2026 | 1,176 sqft | 1,350,000 | 1,147 | ||
| 13 Feb 202613 February 2026 | 1,176 sqft | 1,335,000 | 1,135 | ||
| 9 Jan 20269 January 2026 | 1,176 sqft | 1,100,000 | 935 | ||
| 8 Sep 20258 September 2025 | 1,176 sqft | 912,000 | 775 |
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 3rd floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,176 sqft | AED 1.34MAED 1,335,000 · Feb 2026February 2026 | 85,000 /yr | |
| 303 | Studio | 431 sqft | AED 410KAED 410,000 · Sep 2021September 2021 | 42,000 /yr | |
| 304 | 1-bed | 857 sqft | AED 750KAED 750,000 · Mar 2023March 2023 | 55,125 /yr | |
| 305 | Studio | 474 sqft | AED 410KAED 410,136 · Dec 2021December 2021 | 48,000 /yr | |
| 306 | Studio | 431 sqft | AED 428KAED 428,000 · Sep 2021September 2021 | ||
| 307 | 1-bed | 846 sqft | AED 700KAED 699,999 · Apr 2022April 2022 | ||
| 308 | 1-bed | 769 sqft | AED 880KAED 880,000 · Dec 2024December 2024 | 57,231 /yr | |
| 309 | 1-bed | 818 sqft | AED 700KAED 700,000 · Dec 2023December 2023 | 40,000 /yr | |
| 310 | Studio | 434 sqft | AED 380KAED 380,000 · Oct 2021October 2021 | 40,000 /yr | |
| 311 | Studio | 457 sqft | AED 415KAED 415,000 · Sep 2021September 2021 | 43,600 /yr | |
| 312 | Studio | 485 sqft | AED 464KAED 464,000 · Feb 2024February 2024 | 40,000 /yr | |
| 313 | 1-bed | 1,117 sqft | AED 900KAED 899,999 · Mar 2025March 2025 | 54,000 /yr | |
| 314 | 1-bed | 1,012 sqft | AED 787KAED 787,032 · Dec 2021December 2021 | 68,000 /yr |
302, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 28 November 2021 for AED 965,000, or AED 817 per sqft.
- Rented since January 2023 on 3 Ejari contracts, from AED 60,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2021 price is 8.3%.
- Two-beds in Aras Residence sold for AED 1,100,000–1,350,000 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 1 August 2026.
Questions about 302, Aras Residence
What did unit 302 last sell for?
AED 965,000 on 28 November 2021, sold by the developer: AED 817 per sqft for 1,181 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 80,000 a year on the contract signed on 1 August 2026. The previous contract, from February 2024, was AED 70,000; the unit has been rented since January 2023.
How big is unit 302?
1,181 sqft (109.7 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2022.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Aras Residence sold for AED 1,100,000 to 1,350,000 in the last 12 months, around AED 1,135 per sqft.
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Mortgage on 302, Aras Residence
Starts from the last sale price (AED 965K, 28 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 965,000
- Deposit, UAE resident (20%)
- AED 193,000
- Deposit, non-resident (40%)
- AED 386,000
- Monthly over 25 years at 3.7%
- AED 3,948
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →