314, Aras Residence
Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 314, Aras Residence
What is 314 worth today?
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Source: Dubai Land Department. Updated 24 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,012 sqft
- Floor
- 3rd of 8
- Parking
- P1-15
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 787K · December 2021
- Building
- Aras Residence
About 314, Aras Residence
314 is a one-bedroom apartment of 1,012 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 6 December 2021 for AED 787,032, or AED 777 per sqft, in line with the AED 777 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 24 November 2023, is AED 54,500 a year: a gross yield of 6.9% on the 2021 price.
Sales and rents for 314 over time
314 has sold once; 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 314 sits
All 38 1-beds →314 last sold in December 2021 at AED 777 per sqft, in line with what one-beds in Aras Residence were fetching at the time (AED 777). 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. 314's AED 54,500 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 | |
| 304 | 1-bed | 857 sqft | AED 750KAED 750,000 · Mar 2023March 2023 | 52,500 /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, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 6 December 2021 for AED 787,032, or AED 777 per sqft.
- Rented since November 2022 on 2 Ejari contracts, from AED 53,000 to AED 54,500 a year.
- At AED 54,500 a year the gross yield on the 2021 price is 6.9%.
- 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 24 November 2023.
Questions about 314, Aras Residence
What did unit 314 last sell for?
AED 787,032 on 6 December 2021, sold by the developer: AED 777 per sqft for 1,012 sqft. It is the only registered sale of the unit.
What is the rent for unit 314?
AED 54,500 a year on the contract renewed on 24 November 2023. The previous contract, from November 2022, was AED 53,000.
How big is unit 314?
1,012 sqft (94.0 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2022.
What is unit 314 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 314, Aras Residence
Starts from the last sale price (AED 787K, 6 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 787,032
- Deposit, UAE resident (20%)
- AED 157,406
- Deposit, non-resident (40%)
- AED 314,813
- Monthly over 25 years at 3.7%
- AED 3,220
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →