PropertyIndex

ARAS Residence

Completed · Q2 2022|96 units · 1 building

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ARAS Residence is a completed apartment development by A R A S REAL ESTATE DEVELOPMENT L.L.C in Majan, Wadi Al Safa 3, comprising 96 registered units. 130 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,042 per sqft. At AED 1,042 per sqft, ARAS Residence prices 32% below the Majan average of AED 1,541 per sqft on registered sales.

PIX© price · 5.6% YoY
782KAED
Typical
1,042AED
PSF
Gross yield
7.8%
PIX© rent ÷ PIX© price
Sale records
130
DLD · all time
Rent contracts
241
Ejari · all time
ARAS Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
431 – 2,449 sqft
96782K1,0425.6%61K7.8%
Studio · Apartment
431 – 668 sqft
38
1 Bed · Apartment
769 – 1,198 sqft
41
2 Bed · Apartment
1,176 – 2,120 sqft
16
3 Bed · Apartment
2,449 sqft
1
Sales — Project-Wide130 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
4 Aug 2026Floor 5818870,0001,063+5.1%StandardStandard Sale
30 Jul 2026Floor 2857725,000846+3.6%StandardPayment Plan Sale
5 May 2026Floor 5818828,0001,012+14.2%StandardPayment Plan Sale
Rentals — Project-Wide241 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 118 rentals
Floors 1-2 · 32 rentals
Floors 3-7 · 86 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 2026StudioFloor 243145,0001040.0%Standardrenewal
12 Aug 2026StudioFloor 743142,00097Entry Levelnew
1 Aug 20262 BedFloor 31,18180,00068+14.6%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Majan

The closest-priced registered projects in Majan.

Common questions about ARAS Residence

Answered from Dubai Land Department registered transactions.

How much does a property in ARAS Residence cost?

Property in ARAS Residence sells at a current PIX© price of AED 1,042 per sqft, or about AED 782,292 for a typical unit, based on 130 sales registered with the Dubai Land Department.

Is ARAS Residence completed?

Yes. ARAS Residence is recorded as completed in the Dubai Land Department project register (completed q2 2022).

Who is the developer of ARAS Residence?

ARAS Residence is developed by A R A S REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in ARAS Residence?

ARAS Residence yields 7.8% gross, calculated from current PIX© rent against current PIX© sale price, across 241 registered Ejari contracts.

How many units are in ARAS Residence?

ARAS Residence holds 96 registered units, per the Dubai Land Department unit register.

Have prices in ARAS Residence gone up or down?

Price per sqft has risen +5.6% over the last 12 months, to AED 1,042, across 130 registered sales.