303, Aras Residence
Sold prices and rental history: sold once, by the developer in September 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 303, Aras Residence
What is 303 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 3rd of 8
- Parking
- P2-29
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 410K · September 2021
- Building
- Aras Residence
About 303, Aras Residence
303 is a studio of 431 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 9 September 2021 for AED 410,000, or AED 950 per sqft, 5% above the AED 902 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 42,000 a year: a gross yield of 10.2% on the 2021 price.
Sales and rents for 303 over time
303 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 303 sits
All 38 studios →303 last sold in September 2021 at AED 950 per sqft, 5% above what studios in Aras Residence were fetching at the time (AED 902). 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. 303's AED 42,000 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 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 | |
| 302 | 2-bed | 1,181 sqft | AED 965KAED 965,000 · Nov 2021November 2021 | 80,000 /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 |
303, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 9 September 2021 for AED 410,000, or AED 950 per sqft.
- Rented since August 2024 on 3 Ejari contracts, at AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2021 price is 10.2%.
- 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 1 August 2026.
Questions about 303, Aras Residence
What did unit 303 last sell for?
AED 410,000 on 9 September 2021, sold by the developer: AED 950 per sqft for 431 sqft. It is the only registered sale of the unit.
What is the rent for unit 303?
AED 42,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 42,000; the unit has been rented since August 2024.
How big is unit 303?
431 sqft (40.0 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2022.
What is unit 303 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.
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Mortgage on 303, Aras Residence
Starts from the last sale price (AED 410K, 9 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 410,000
- Deposit, UAE resident (20%)
- AED 82,000
- Deposit, non-resident (40%)
- AED 164,000
- Monthly over 25 years at 3.7%
- AED 1,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →