1-bed · 1,012 sqftAras Residence, Majan · 5th floor · completed 2022

514, Aras Residence

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

Unit 514 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 845K14 March 2022
Current rentAED 50K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Aras Residence

What is 514 worth today?

Last sold for AED 844,800 in 2022

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15 Dec 2025RentedRenewal
AED 50,000/yr12 months · AED 49 per sqft
15 Dec 2024RentedRenewal
AED 50,000/yr12 months · AED 49 per sqft
15 Dec 2024RentedRenewal
AED 50,000/yr12 months · AED 49 per sqft
15 Dec 2023RentedRenewal
AED 50,000/yr12 months · AED 49 per sqft
15 Dec 2022RentedNew contract
AED 50,000/yr12 months · AED 49 per sqft
14 Mar 2022Sold by developerOff-plan
AED 844,800AED 834 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
1-bed apartment
Size
1,012 sqft
Floor
5th of 8
Parking
G-21
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 845K · March 2022

About 514, Aras Residence

514 is a one-bedroom apartment of 1,012 sqft on the 5th floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 14 March 2022 for AED 844,800, or AED 834 per sqft, 10% above the AED 761 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 50,000 a year: a gross yield of 5.9% on the 2022 price.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical one-bed in Aras Residence
700K800K2021202320252027Typical 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, March 2022: AED 844,800 (AED 834 per sqft)

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

Rents
Unit 514, 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 50,000 a yearRenewal, December 2024: AED 50,000 a yearRenewal, December 2024: AED 50,000 a yearRenewal, December 2025: AED 50,000 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 514 sits

All 41 1-beds →

514 last sold in March 2022 at AED 834 per sqft, 10% above what one-beds in Aras Residence were fetching at the time (AED 761). 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. 514's AED 50,000 is at the bottom 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 5th floor

All 96 units in Aras Residence
Value
5012-bedAED 850K · Mar 2022
5022-bedAED 968K · Feb 2022
503StudioAED 500K · Dec 2024
5041-bedAED 860K · Jun 2025
505StudioAED 450K · Mar 2022
506StudioAED 510K · Sep 2025
5071-bedAED 750K · Apr 2022
1–7 of 13

514, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 14 March 2022 for AED 844,800, or AED 834 per sqft.
  • Rented since December 2022 on 5 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 5.9%.
  • 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 15 December 2025.

Questions about 514, Aras Residence

What did unit 514 last sell for?

AED 844,800 on 14 March 2022, sold by the developer: AED 834 per sqft for 1,012 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 50,000 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 50,000; the unit has been rented since December 2022.

How big is unit 514?

1,012 sqft (94.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2022.

What is unit 514 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 514, Aras Residence

Starts from the last sale price (AED 845K, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 844,800
Deposit, UAE resident (20%)
AED 168,960
Deposit, non-resident (40%)
AED 337,920
Monthly over 25 years at 3.7%
AED 3,456

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