Project profile
Aras Residence Project · Majan · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: A R A S Real Estate Development
Data to 4 November 2026
- Registered sales
- 10
- Last 12 months
- Median ready price
- AED 1,026
- Per sq ft
- Construction progress
- 100%
- Completed
Dubai Land Department lists the project as completed on 22 June 2022. In the last 12 months, Dubai Land Department registered 10 sales in Aras Residence, worth AED 8.8M in total. The median price of ready homes was 1,026 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A project, in progress.
Completed
- Start
- 22 February 2020
- DLD end date
- 22 June 2022
- Completion
- 22 June 2022
- Units
- 96
- Buildings
- 1
Launch and latest registrations.
- Launch price
- AED 906
- First 90 days from Jul 2021, 13 home sales
- Last 12 months
- AED 1,026
- 10 home sales
- Change
- —
- Same home types, AED/sqft
Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.
Aras Residence registered prices, over time.
Median registered price, AED per sq ft
Too few registered sales for a monthly price trend.
What does each home type sell and rent for in Aras Residence?
Apartment · Studio
- Ready median price
- —
- Median yearly rent
- AED 42K
- Gross yield
- Rent only
Apartment · 1 bed
- Ready median price
- AED 828K
- Median yearly rent
- AED 65K
- Gross yield
- Rent only
Apartment · 2 beds
- Ready median price
- —
- Median yearly rent
- AED 86K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Service charges.
In the area report.
The Majan area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Majan area reportThe latest registered sales in Aras Residence.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 8 Oct 2026 | Apartment · 1 bed · Ready | 828 sqft | AED 640,000 | 773 |
| 5 Aug 2026 | Apartment · 1 bed · Ready | 818 sqft | AED 870,000 | 1,064 |
| 30 Jul 2026 | Apartment · 1 bed · Ready | 857 sqft | AED 725,000 | 846 |
| 5 May 2026 | Apartment · 1 bed · Ready | 818 sqft | AED 828,000 | 1,012 |
| 9 Apr 2026 | Apartment · 2 beds · Ready | 1,176 sqft | AED 1,350,000 | 1,148 |
| 16 Feb 2026 | Apartment · 2 beds · Ready | 1,176 sqft | AED 1,335,000 | 1,135 |
| 4 Feb 2026 | Apartment · 1 bed · Ready | 769 sqft | AED 1,035,000 | 1,346 |
| 12 Jan 2026 | Apartment · 2 beds · Ready | 1,176 sqft | AED 1,100,000 | 935 |
| 24 Dec 2025 | Apartment · Studio · Ready | 463 sqft | AED 475,000 | 1,026 |
| 17 Dec 2025 | Apartment · Studio · Ready | 431 sqft | AED 450,000 | 1,044 |
8 Oct 2026
Apartment1 bedReady828 sqft
AED 640,000773 AED/sqft
5 Aug 2026
Apartment1 bedReady818 sqft
AED 870,0001,064 AED/sqft
30 Jul 2026
Apartment1 bedReady857 sqft
AED 725,000846 AED/sqft
5 May 2026
Apartment1 bedReady818 sqft
AED 828,0001,012 AED/sqft
9 Apr 2026
Apartment2 bedsReady1,176 sqft
AED 1,350,0001,148 AED/sqft
16 Feb 2026
Apartment2 bedsReady1,176 sqft
AED 1,335,0001,135 AED/sqft
4 Feb 2026
Apartment1 bedReady769 sqft
AED 1,035,0001,346 AED/sqft
12 Jan 2026
Apartment2 bedsReady1,176 sqft
AED 1,100,000935 AED/sqft
24 Dec 2025
ApartmentStudioReady463 sqft
AED 475,0001,026 AED/sqft
17 Dec 2025
ApartmentStudioReady431 sqft
AED 450,0001,044 AED/sqft
Questions about Aras Residence
What is the price per sq ft in Aras Residence?
In the 12 months to 4 November 2026, the median registered sale price of ready homes was 1,026 AED/sqft.
How many homes were sold in Aras Residence in the last 12 months?
In the last 12 months, Dubai Land Department registered 10 sales in Aras Residence, worth AED 8.8M in total. The median price of ready homes was 1,026 AED/sqft. Registered sales to 4 November 2026.
What is the rent in Aras Residence?
In the 12 months to 4 November 2026, Apartment · Studio was the most rented home type in Aras Residence, at a median of AED 42,000 a year over 14 new contracts.
When was Aras Residence completed?
Dubai Land Department lists the project as completed on 22 June 2022.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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