406, Aras Residence
Sold prices and rental history: sold twice, last in July 2025, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Aras Residence
What is 406 worth today?
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Source: Dubai Land Department. Updated 3 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 4th of 8
- Parking
- P2-02
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 485K · July 2025
- Building
- Aras Residence
About 406, Aras Residence
406 is a studio of 431 sqft on the 4th floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . It last sold on 3 July 2025 for AED 485,000, or AED 1,125 per sqft, in line with the AED 1,158 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 February 2023. The current contract, signed on 15 February 2023, is AED 28,500 a year: a gross yield of 5.9% on the 2025 price.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 38 studios →406 last sold in July 2025 at AED 1,125 per sqft, in line with what studios in Aras Residence were fetching at the time (AED 1,158). 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. 406's AED 28,500 is in the lower 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 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 | |
| 405 | Studio | 474 sqft | AED 470KAED 470,000 · Oct 2021October 2021 | 50,000 /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 |
406, Aras Residence in numbers
- Sold twice: first on 11 February 2022 for AED 440,000, last on 3 July 2025 for AED 485,000 (AED 1,125 per sqft).
- Rented since February 2023 on one Ejari contract, at AED 28,500 a year.
- At AED 28,500 a year the gross yield on the 2025 price is 5.9%.
- 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 3 July 2025.
Questions about 406, Aras Residence
What did unit 406 last sell for?
AED 485,000 on 3 July 2025: AED 1,125 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 440,000 in February 2022.
What is the rent for unit 406?
AED 28,500 a year on the contract signed on 15 February 2023.
How big is unit 406?
431 sqft (40.0 sqm): a studio on the 4th floor of a 8-storey tower completed in 2022.
What is unit 406 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 406, Aras Residence
Starts from the last sale price (AED 485K, 3 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 485,000
- Deposit, UAE resident (20%)
- AED 97,000
- Deposit, non-resident (40%)
- AED 194,000
- Monthly over 25 years at 3.7%
- AED 1,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →