1-bed · 1,117 sqftAras Residence, Majan · 3rd floor · completed 2022

313, Aras Residence

Sold prices and rental history: sold twice, last in March 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 900K25 March 2025
Current rentAED 54K /yr2 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Aras Residence

What is 313 worth today?

Last sold for AED 899,999 in 2025

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25 Mar 2025SoldReady
AED 899,999AED 805 per sqft
2 Dec 2023RentedRenewal
AED 54,000/yr12 months · AED 48 per sqft
2 Dec 2022RentedNew contract
AED 50,000/yr12 months · AED 45 per sqft
1 Jun 2022Sold by developerOff-plan
AED 778,500AED 696 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
1-bed apartment
Size
1,117 sqft
Floor
3rd of 8
Parking
P1-16
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 900K · March 2025

About 313, Aras Residence

313 is a one-bedroom apartment of 1,117 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 25 March 2025 for AED 899,999, or AED 805 per sqft, 19% below the AED 991 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 2 December 2023, is AED 54,000 a year: a gross yield of 6.0% on the 2025 price.

Sales and rents for 313 over time

Sales
Unit 313, each saleTypical one-bed in Aras Residence
700K800K900K2021202320252027Typical sale price by year: 2021 AED 754,000; 2022 AED 718,875; 2023 AED 750,000; 2025 AED 860,000; 2026 AED 828,000Sold by developer, June 2022: AED 778,500 (AED 696 per sqft)Sold, March 2025: AED 899,999 (AED 805 per sqft)

313 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 313, each contractTypical one-bed in Aras Residence
50K60K202220242026Typical rent by year: 2022 AED 50,000; 2023 AED 50,000; 2024 AED 60,000; 2025 AED 65,000; 2026 AED 63,000New contract, December 2022: AED 50,000 a yearRenewal, December 2023: AED 54,000 a year

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 313 sits

All 41 1-beds →

313 last sold in March 2025 at AED 805 per sqft, 19% below what one-beds in Aras Residence were fetching at the time (AED 991). 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. 313's AED 54,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026640,000
4 Aug 2026870,000
30 Jul 2026725,000
5 May 2026828,000
5 1-bed sales in the last 12 months

Aras Residence

Building

96 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%
Aras Residence, Majan: prices, sales and rents →

Other units on the 3rd floor

All 96 units in Aras Residence
Value
3012-bedAED 1.34M · Feb 2026
3022-bedAED 965K · Nov 2021
303StudioAED 410K · Sep 2021
3041-bedAED 750K · Mar 2023
305StudioAED 410K · Dec 2021
306StudioAED 428K · Sep 2021
3071-bedAED 700K · Apr 2022
1–7 of 13

313, Aras Residence in numbers

  • Sold twice: first on 1 June 2022 for AED 778,500, last on 25 March 2025 for AED 899,999 (AED 805 per sqft).
  • Rented since December 2022 on 2 Ejari contracts, from AED 50,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2025 price is 6.0%.
  • 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 25 March 2025.

Questions about 313, Aras Residence

What did unit 313 last sell for?

AED 899,999 on 25 March 2025: AED 805 per sqft for 1,117 sqft. The unit has 2 registered sales; the first was AED 778,500 in June 2022.

What is the rent for unit 313?

AED 54,000 a year on the contract renewed on 2 December 2023. The previous contract, from December 2022, was AED 50,000.

How big is unit 313?

1,117 sqft (103.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2022.

What is unit 313 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.

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Mortgage on 313, Aras Residence

Starts from the last sale price (AED 900K, 25 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 899,999
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →