304, Aras Residence
Sold prices and rental history: sold twice, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Aras Residence
What is 304 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 3rd of 8
- Parking
- P1-04
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 750K · March 2023
- Building
- Aras Residence
About 304, Aras Residence
304 is a one-bedroom apartment of 857 sqft on the 3rd floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . It last sold on 22 March 2023 for AED 750,000, or AED 875 per sqft, in line with the AED 850 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 52,500 a year: a gross yield of 7.0% on the 2023 price.
Sales and rents for 304 over time
304 has sold twice; the dashed line is the one-bed median of each year in the building.
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 304 sits
All 38 1-beds →304 last sold in March 2023 at AED 875 per sqft, in line with what one-beds in Aras Residence were fetching at the time (AED 850). Over the last 12 months one-beds sold for AED 1,035,000, around AED 1,345 per sqft, and rent for AED 50,000 to 70,000 a year. 304's AED 52,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 769 sqft | 1,035,000 | 1,345 | ||
| 2 Jun 20252 June 2025 | 857 sqft | 860,000 | 1,003 | ||
| 27 Mar 202527 March 2025 | 769 sqft | 680,000 | 884 | ||
| 25 Mar 202525 March 2025 | 1,117 sqft | 899,999 | 805 |
Aras Residence
Building96 apartments, studios to 3-bed over 8 floors in Majan, completed in 2022 by ARAS Real Estate Development . 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,043
- Typical sale
- AED 1.04M
- Typical rent
- AED 49K /yr
- Typical yield
- 7.6%
Other units on the 3rd floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1,176 sqft | AED 1.34MAED 1,335,000 · Feb 2026February 2026 | 85,000 /yr | ||
| 302 | 2-bed | 1,181 sqft | AED 965KAED 965,000 · Nov 2021November 2021 | 70,000 /yr | |
| 303 | Studio | 431 sqft | AED 410KAED 410,000 · Sep 2021September 2021 | 42,000 /yr | |
| 305 | Studio | 474 sqft | AED 410KAED 410,136 · Dec 2021December 2021 | 48,000 /yr | |
| 306 | Studio | 431 sqft | AED 428KAED 428,000 · Sep 2021September 2021 | ||
| 307 | 1-bed | 846 sqft | AED 700KAED 699,999 · Apr 2022April 2022 | ||
| 308 | 1-bed | 769 sqft | AED 880KAED 880,000 · Dec 2024December 2024 | 65,000 /yr | |
| 309 | 1-bed | 818 sqft | AED 700KAED 700,000 · Dec 2023December 2023 | 40,000 /yr | |
| 310 | Studio | 434 sqft | AED 380KAED 380,000 · Oct 2021October 2021 | 38,000 /yr | |
| 311 | Studio | 457 sqft | AED 415KAED 415,000 · Sep 2021September 2021 | 40,000 /yr | |
| 312 | Studio | 485 sqft | AED 464KAED 464,000 · Feb 2024February 2024 | 40,000 /yr | |
| 313 | 1-bed | 1,117 sqft | AED 900KAED 899,999 · Mar 2025March 2025 | 54,000 /yr | |
| 314 | 1-bed | 1,012 sqft | AED 787KAED 787,032 · Dec 2021December 2021 | 54,500 /yr |
304, Aras Residence in numbers
- Sold twice: first on 18 March 2022 for AED 699,999, last on 22 March 2023 for AED 750,000 (AED 875 per sqft).
- Rented since May 2023 on 3 Ejari contracts, from AED 50,000 to AED 52,500 a year.
- At AED 52,500 a year the gross yield on the 2023 price is 7.0%.
- One-beds in Aras Residence sold for AED 1,035,000–1,035,000 in the 12 months to November 2026; the building's median across all types is AED 1,043 per sqft.
Source: Dubai Land Department. Updated 1 May 2025.
Questions about 304, Aras Residence
What did unit 304 last sell for?
AED 750,000 on 22 March 2023: AED 875 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 699,999 in March 2022.
What is the rent for unit 304?
AED 52,500 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 52,000; the unit has been rented since May 2023.
How big is unit 304?
857 sqft (79.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2022.
What is unit 304 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 1,035,000 to 1,035,000 in the last 12 months, around AED 1,345 per sqft.
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Mortgage on 304, Aras Residence
Starts from the last sale price (AED 750K, 22 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →