405, Aras Residence
Sold prices and rental history: sold once, by the developer in October 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Aras Residence
What is 405 worth today?
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Source: Dubai Land Department. Updated 29 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 474 sqft
- Floor
- 4th of 8
- Parking
- P2-18
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 470K · October 2021
- Building
- Aras Residence
About 405, Aras Residence
405 is a studio of 474 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 14 October 2021 for AED 470,000, or AED 990 per sqft, 5% above the AED 946 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 29 August 2025, is AED 50,000 a year: a gross yield of 10.6% on the 2021 price.
Sales and rents for 405 over time
405 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 405 sits
All 38 studios →405 last sold in October 2021 at AED 990 per sqft, 5% above what studios in Aras Residence were fetching at the time (AED 946). 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. 405's AED 50,000 is at the top 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 4th floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,176 sqft | AED 959KAED 958,500 · Mar 2022March 2022 | 78,000 /yr | |
| 402 | 2-bed | 1,181 sqft | AED 900KAED 900,000 · Feb 2022February 2022 | 10,000 /yr | |
| 403 | Studio | 431 sqft | AED 325KAED 325,000 · Jun 2021June 2021 | 54,000 /yr | |
| 404 | 1-bed | 857 sqft | AED 850KAED 850,000 · Sep 2025September 2025 | 69,000 /yr | |
| 406 | Studio | 431 sqft | AED 485KAED 485,000 · Jul 2025July 2025 | 28,500 /yr | |
| 407 | 1-bed | 846 sqft | AED 700KAED 700,000 · May 2022May 2022 | 62,000 /yr | |
| 408 | 1-bed | 769 sqft | AED 690KAED 689,670 · Feb 2022February 2022 | 65,000 /yr | |
| 409 | 1-bed | 818 sqft | AED 880KAED 880,000 · Oct 2025October 2025 | 65,000 /yr | |
| 410 | Studio | 434 sqft | AED 435KAED 435,000 · Dec 2021December 2021 | 42,353 /yr | |
| 411 | Studio | 457 sqft | AED 430KAED 430,000 · Nov 2021November 2021 | 40,000 /yr | |
| 412 | Studio | 485 sqft | AED 480KAED 480,000 · Jan 2022January 2022 | 40,000 /yr | |
| 413 | 1-bed | 1,117 sqft | AED 750KAED 750,000 · Mar 2022March 2022 | 50,000 /yr | |
| 414 | 1-bed | 1,012 sqft | AED 753KAED 752,928 · Sep 2021September 2021 | 65,000 /yr |
405, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 14 October 2021 for AED 470,000, or AED 990 per sqft.
- Rented since December 2022 on 4 Ejari contracts, from AED 30,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2021 price is 10.6%.
- 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 29 August 2025.
Questions about 405, Aras Residence
What did unit 405 last sell for?
AED 470,000 on 14 October 2021, sold by the developer: AED 990 per sqft for 474 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 50,000 a year on the contract renewed on 29 August 2025. The previous contract, from August 2025, was AED 50,000; the unit has been rented since December 2022.
How big is unit 405?
474 sqft (44.0 sqm): a studio on the 4th floor of a 8-storey tower completed in 2022.
What is unit 405 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 405, Aras Residence
Starts from the last sale price (AED 470K, 14 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 470,000
- Deposit, UAE resident (20%)
- AED 94,000
- Deposit, non-resident (40%)
- AED 188,000
- Monthly over 25 years at 3.7%
- AED 1,923
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →