Studio · 434 sqftAras Residence, Majan · 3rd floor · completed 2022

310, Aras Residence

Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 14 March 2025
Last soldAED 380K17 October 2021
Current rentAED 38K /yr14 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Aras Residence

What is 310 worth today?

Last sold for AED 380,000 in 2021

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14 Mar 2025RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
1 Mar 2024RentedRenewal
AED 28,000/yr12 months · AED 65 per sqft
1 Mar 2023RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
17 Oct 2021Sold by developerOff-plan
AED 380,000AED 874 per sqft

Source: Dubai Land Department. Updated 14 March 2025.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
3rd of 8
Parking
P2-32
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 380K · October 2021

About 310, Aras Residence

310 is a studio of 434 sqft on the 3rd floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 17 October 2021 for AED 380,000, or AED 874 per sqft, 8% below the AED 946 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 14 March 2025, is AED 38,000 a year: a gross yield of 10.0% on the 2021 price.

Sales and rents for 310 over time

Sales
Unit 310, each saleTypical studio in Aras Residence
400K500K202120232025Typical sale price by year: 2021 AED 415,000; 2022 AED 440,000; 2024 AED 500,000; 2025 AED 480,000Sold by developer, October 2021: AED 380,000 (AED 874 per sqft)

310 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 310, each contractTypical studio in Aras Residence
30K40K202220242026Typical rent by year: 2022 AED 30,000; 2023 AED 31,500; 2024 AED 40,000; 2025 AED 40,000; 2026 AED 44,000New contract, March 2023: AED 28,000 a yearRenewal, March 2024: AED 28,000 a yearNew contract, March 2025: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Aras Residence, and where 310 sits

All 36 studios →

310 last sold in October 2021 at AED 874 per sqft, 8% below what studios in Aras Residence were fetching at the time (AED 946). Over the last 12 months studios sold for AED 450,000 to 475,000, around AED 1,035 per sqft, and rent for AED 33,000 to 48,000 a year. 310's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Dec 2025475,000
17 Dec 2025450,000
3 Jul 2025485,000
28 May 2025500,000
2 studio sales in the last 12 months

Aras Residence

Building

96 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%
Aras Residence, Majan: prices, sales and rents →

Other units on the 3rd floor

All 96 units in Aras Residence
Value
301AED 1.34M · Feb 2026
3022-bedAED 965K · Nov 2021
303StudioAED 410K · Sep 2021
3041-bedAED 750K · Mar 2023
305StudioAED 410K · Dec 2021
306StudioAED 428K · Sep 2021
3071-bedAED 700K · Apr 2022
1–7 of 13

310, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 17 October 2021 for AED 380,000, or AED 874 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 28,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2021 price is 10.0%.
  • Studios in Aras Residence sold for AED 450,000–475,000 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 14 March 2025.

Questions about 310, Aras Residence

What did unit 310 last sell for?

AED 380,000 on 17 October 2021, sold by the developer: AED 874 per sqft for 434 sqft. It is the only registered sale of the unit.

What is the rent for unit 310?

AED 38,000 a year on the contract signed on 14 March 2025. The previous contract, from March 2024, was AED 28,000; the unit has been rented since March 2023.

How big is unit 310?

434 sqft (40.3 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2022.

What is unit 310 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Aras Residence sold for AED 450,000 to 475,000 in the last 12 months, around AED 1,035 per sqft.

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Mortgage on 310, Aras Residence

Starts from the last sale price (AED 380K, 17 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →