PropertyIndex

ARAS Residence

Completed|96 units · 1 building

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© price · 4.8% YoY
790KAED
Typical
1,052AED
PSF
Gross yield
7.7%
PIX© rent ÷ PIX© price
Sale records
130
DLD · all time
Rent contracts
241
Ejari · all time
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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.

Floor
Units on floor 7

2 Bed on Floor 7, ARAS Residence

Size
Record
Dec 2021 to Mar 2026
Owners
3
Tenants
6
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
6Tenant 631 Mar 2026
Owner 3
5Tenant 518 Mar 2026
Owner 3
4Tenant 420 Feb 2026
Owner 3
3Owner 39 Jan 20268 mo
Current owner
Sold with tenant in place
Mortgage
3Tenant 31 Feb 202513 mo
Owner 2
2Owner 210 Oct 202415 mo
Sold with tenant in place
Mortgage
2Tenant 21 Feb 202412 mo
Owner 1
1Tenant 11 Feb 202320 mo
Owner 1
1Owner 129 Dec 20212.8 yrs
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2 Bed · Floor 7 · ARAS Residence
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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
96790K1,0524.8%60K7.7%
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-----
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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
4 Aug 20261 BedARAS Residence · Floor 5818870,0001,063+5.1%StandardStandard Sale
30 Jul 20261 BedARAS Residence · Floor 2857725,000846+3.6%StandardPayment Plan Sale
5 May 20261 BedARAS Residence · Floor 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
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
5 Sep 20261 BedARAS Residence · Floor 681855,00067-Entry LevelCONTRACT
1 Sep 2026StudioARAS Residence · Floor 747444,00093-StandardCERTIFICATE
15 Aug 2026StudioARAS Residence · Floor 243145,000104-PremiumCONTRACT

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 1,052 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.