311, Aras Residence
Sold prices and rental history: sold once, by the developer in September 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 311, Aras Residence
What is 311 worth today?
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Source: Dubai Land Department. Updated 10 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 457 sqft
- Floor
- 3rd of 8
- Parking
- P2-19
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 415K · September 2021
- Building
- Aras Residence
About 311, Aras Residence
311 is a studio of 457 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 2 September 2021 for AED 415,000, or AED 908 per sqft, 10% above the AED 828 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 10 February 2026, is AED 43,600 a year: a gross yield of 10.5% on the 2021 price.
Sales and rents for 311 over time
311 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 311 sits
All 38 studios →311 last sold in September 2021 at AED 908 per sqft, 10% above what studios in Aras Residence were fetching at the time (AED 828). 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. 311's AED 43,600 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 | |
| 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 | |
| 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 |
311, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 2 September 2021 for AED 415,000, or AED 908 per sqft.
- Rented since February 2023 on 3 Ejari contracts, from AED 40,000 to AED 43,600 a year.
- At AED 43,600 a year the gross yield on the 2021 price is 10.5%.
- 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 10 February 2026.
Questions about 311, Aras Residence
What did unit 311 last sell for?
AED 415,000 on 2 September 2021, sold by the developer: AED 908 per sqft for 457 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 43,600 a year on the contract signed on 10 February 2026. The previous contract, from February 2024, was AED 40,000; the unit has been rented since February 2023.
How big is unit 311?
457 sqft (42.5 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2022.
What is unit 311 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 311, Aras Residence
Starts from the last sale price (AED 415K, 2 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 415,000
- Deposit, UAE resident (20%)
- AED 83,000
- Deposit, non-resident (40%)
- AED 166,000
- Monthly over 25 years at 3.7%
- AED 1,698
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →