306, Aras Residence
Sold prices and rental history: sold once, by the developer in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Aras Residence
What is 306 worth today?
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Source: Dubai Land Department. Updated 22 September 2021.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 3rd of 8
- Parking
- P2-30
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 428K · September 2021
- Building
- Aras Residence
About 306, Aras Residence
306 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 22 September 2021 for AED 428,000, or AED 992 per sqft, 5% above the AED 942 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 306 over time
306 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 306 sits
All 38 studios →306 last sold in September 2021 at AED 992 per sqft, 5% above what studios in Aras Residence were fetching at the time (AED 942). 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.
| 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 | |
| 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 | |
| 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 |
306, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 22 September 2021 for AED 428,000, or AED 992 per sqft.
- 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 22 September 2021.
Questions about 306, Aras Residence
What did unit 306 last sell for?
AED 428,000 on 22 September 2021, sold by the developer: AED 992 per sqft for 431 sqft. It is the only registered sale of the unit.
How big is unit 306?
431 sqft (40.0 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2022.
What is unit 306 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 306, Aras Residence
Starts from the last sale price (AED 428K, 22 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 428,000
- Deposit, UAE resident (20%)
- AED 85,600
- Deposit, non-resident (40%)
- AED 171,200
- Monthly over 25 years at 3.7%
- AED 1,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →