ARAS Residence
ARAS Residence is a completed development by A R A S REAL ESTATE DEVELOPMENT L.L.C in Majan, comprising 96 registered units. 130 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,052 per sqft. At AED 1,052 per sqft, ARAS Residence prices in line with the Majan median of AED 1,052 per sqft on registered sales.
PIX© Unit History
Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.
2 Bed on Floor 7, ARAS Residence
- Size
- Record
- Dec 2021 to Mar 2026
- Owners
- 3
- Tenants
- 6
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 6Tenant 6 | 31 Mar 2026 | Owner 3 | ||||
| 5Tenant 5 | 18 Mar 2026 | Owner 3 | ||||
| 4Tenant 4 | 20 Feb 2026 | Owner 3 | ||||
| 3Owner 3 | 9 Jan 2026 | 8 mo | Current owner Sold with tenant in place Mortgage | |||
| 3Tenant 3 | 1 Feb 2025 | 13 mo | Owner 2 | |||
| 2Owner 2 | 10 Oct 2024 | 15 mo | Sold with tenant in place Mortgage | |||
| 2Tenant 2 | 1 Feb 2024 | 12 mo | Owner 1 | |||
| 1Tenant 1 | 1 Feb 2023 | 20 mo | Owner 1 | |||
| 1Owner 1 | 29 Dec 2021 | 2.8 yrs |
Your nightly rate and occupancy, against this unit’s registered record.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 431 - 2,449 sqft | 96 | 790K | 1,052 | ↑4.8% | 60K | 7.7% | |
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 | - | - | - | - | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 4 Aug 2026 | 1 Bed | ARAS Residence · Floor 5 | 818 | 870,000 | 1,063 | +5.1% | Standard | Standard Sale | |
| 30 Jul 2026 | 1 Bed | ARAS Residence · Floor 2 | 857 | 725,000 | 846 | +3.6% | Standard | Payment Plan Sale | |
| 5 May 2026 | 1 Bed | ARAS Residence · Floor 5 | 818 | 828,000 | 1,012 | +14.2% | Standard | Payment Plan Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 5 Sep 2026 | 1 Bed | ARAS Residence · Floor 6 | 818 | 55,000 | 67 | - | Entry Level | CONTRACT | |
| 1 Sep 2026 | Studio | ARAS Residence · Floor 7 | 474 | 44,000 | 93 | - | Standard | CERTIFICATE | |
| 15 Aug 2026 | Studio | ARAS Residence · Floor 2 | 431 | 45,000 | 104 | - | Premium | CONTRACT |
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.
- Sherena ResidenceAED 1,036/sqft
- Forum ResidencesAED 1,084/sqft
- Zubaida ResidencyAED 1,085/sqft
- The50AED 1,110/sqft
- Paradise View 1AED 989/sqft
- Madison ResidencesAED 780/sqft
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 1,052 per sqft, or about AED 789,876 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.
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 7.7% 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 +4.8% over the last 12 months, to AED 1,052, across 130 registered sales.