308, Aras Residence
Sold prices and rental history: sold twice, last in December 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Aras Residence
What is 308 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 769 sqft
- Floor
- 3rd of 8
- Parking
- P1-17
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 880K · December 2024
- Building
- Aras Residence
About 308, Aras Residence
308 is a one-bedroom apartment of 769 sqft on the 3rd floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . It last sold on 26 December 2024 for AED 880,000, or AED 1,144 per sqft.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 February 2026, is AED 57,231 a year: a gross yield of 6.5% on the 2024 price.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Aras Residence, and where 308 sits
All 41 1-beds →Over the last 12 months one-beds sold for AED 640,000 to 1,035,000, around AED 1,012 per sqft, and rent for AED 50,000 to 75,000 a year. 308's AED 57,231 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 828 sqft | 640,000 | 772 | ||
| 4 Aug 20264 August 2026 | 818 sqft | 870,000 | 1,063 | ||
| 30 Jul 202630 July 2026 | 857 sqft | 725,000 | 845 | ||
| 5 May 20265 May 2026 | 818 sqft | 828,000 | 1,012 |
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 | |
| 306 | Studio | 431 sqft | AED 428KAED 428,000 · Sep 2021September 2021 | ||
| 307 | 1-bed | 846 sqft | AED 700KAED 699,999 · Apr 2022April 2022 | ||
| 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 |
308, Aras Residence in numbers
- Sold twice: first on 21 January 2022 for AED 711,000, last on 26 December 2024 for AED 880,000 (AED 1,144 per sqft).
- Rented since February 2025 on 2 Ejari contracts, from AED 65,000 to AED 57,231 a year.
- At AED 57,231 a year the gross yield on the 2024 price is 6.5%.
- One-beds in Aras Residence sold for AED 640,000–1,035,000 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 20 February 2026.
Questions about 308, Aras Residence
What did unit 308 last sell for?
AED 880,000 on 26 December 2024: AED 1,144 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 711,000 in January 2022.
What is the rent for unit 308?
AED 57,231 a year on the contract signed on 20 February 2026. The previous contract, from February 2025, was AED 65,000.
How big is unit 308?
769 sqft (71.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2022.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Aras Residence sold for AED 640,000 to 1,035,000 in the last 12 months, around AED 1,012 per sqft.
Selling 308? Put it on the OpenOffers board
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Mortgage on 308, Aras Residence
Starts from the last sale price (AED 880K, 26 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →