2-bed · 1,176 sqftAras Residence, Majan · 4th floor · completed 2022

401, Aras Residence

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

Unit 401 · DLD and Ejari recordsUpdated 6 October 2025
Last soldAED 959K8 March 2022
Current rentAED 78K /yr6 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Aras Residence

What is 401 worth today?

Last sold for AED 958,500 in 2022

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6 Oct 2025RentedRenewal
AED 78,000/yr12 months · AED 66 per sqft
4 Oct 2024RentedNew contract
AED 74,599/yr12 months · AED 64 per sqft
5 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
8 Mar 2022Sold by developerOff-plan
AED 958,500AED 815 per sqft

Source: Dubai Land Department. Updated 6 October 2025.

Key facts

Type
2-bed apartment
Size
1,176 sqft
Floor
4th of 8
Parking
G-11
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 959K · March 2022

About 401, Aras Residence

401 is a two-bedroom apartment of 1,176 sqft on the 4th floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 8 March 2022 for AED 958,500, or AED 815 per sqft, in line with the AED 815 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 6 October 2025, is AED 78,000 a year: a gross yield of 8.1% on the 2022 price.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Aras Residence
1M1.2M1.4M2021202320252027Typical sale price by year: 2021 AED 982,150; 2022 AED 1,008,750; 2026 AED 1,335,000Sold by developer, March 2022: AED 958,500 (AED 815 per sqft)

401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in Aras Residence
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 67,500; 2024 AED 70,000; 2025 AED 78,000; 2026 AED 84,000New contract, October 2022: AED 65,000 a yearNew contract, October 2024: AED 74,599 a yearRenewal, October 2025: AED 78,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Aras Residence, and where 401 sits

All 16 2-beds →

401 last sold in March 2022 at AED 815 per sqft, in line with what two-beds in Aras Residence were fetching at the time (AED 815). Over the last 12 months two-beds sold for AED 1,100,000 to 1,350,000, around AED 1,135 per sqft, and rent for AED 70,000 to 100,000 a year. 401's AED 78,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Apr 20261,350,000
13 Feb 20261,335,000
9 Jan 20261,100,000
8 Sep 2025912,000
3 2-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 4th floor

All 96 units in Aras Residence
Value
4022-bedAED 900K · Feb 2022
403StudioAED 325K · Jun 2021
4041-bedAED 850K · Sep 2025
405StudioAED 470K · Oct 2021
406StudioAED 485K · Jul 2025
4071-bedAED 700K · May 2022
4081-bedAED 690K · Feb 2022
1–7 of 13

401, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 8 March 2022 for AED 958,500, or AED 815 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 65,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2022 price is 8.1%.
  • Two-beds in Aras Residence sold for AED 1,100,000–1,350,000 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 6 October 2025.

Questions about 401, Aras Residence

What did unit 401 last sell for?

AED 958,500 on 8 March 2022, sold by the developer: AED 815 per sqft for 1,176 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 78,000 a year on the contract renewed on 6 October 2025. The previous contract, from October 2024, was AED 74,599; the unit has been rented since October 2022.

How big is unit 401?

1,176 sqft (109.3 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2022.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Aras Residence sold for AED 1,100,000 to 1,350,000 in the last 12 months, around AED 1,135 per sqft.

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Mortgage on 401, Aras Residence

Starts from the last sale price (AED 959K, 8 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 958,500
Deposit, UAE resident (20%)
AED 191,700
Deposit, non-resident (40%)
AED 383,400
Monthly over 25 years at 3.7%
AED 3,922

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