401, Aras Residence
Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Aras Residence
What is 401 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,176 sqft
- Floor
- 4th of 8
- Parking
- G-11
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 959K · March 2022
- Building
- Aras Residence
About 401, Aras Residence
401 is a two-bedroom apartment of 1,176 sqft on the 4th floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 8 March 2022 for AED 958,500, or AED 815 per sqft, in line with the AED 817 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 4 October 2024, is AED 74,599 a year: a gross yield of 7.8% on the 2022 price.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Aras Residence, and where 401 sits
All 14 2-beds →401 last sold in March 2022 at AED 815 per sqft, in line with what two-beds in Aras Residence were fetching at the time (AED 817). Over the last 12 months two-beds sold for AED 1,100,000 to 1,335,000, around AED 1,035 per sqft, and rent for AED 78,750 to 95,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20269 January 2026 | 1,176 sqft | 1,100,000 | 935 | ||
| 17 Dec 202417 December 2024 | 1,181 sqft | 1,175,000 | 994 | ||
| 10 Oct 202410 October 2024 | 1,176 sqft | 950,000 | 807 | ||
| 1 Nov 20221 November 2022 | 2,120 sqft | 1,390,000 | 655 |
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 4th floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,181 sqft | AED 900KAED 900,000 · Feb 2022February 2022 | 10,000 /yr | |
| 403 | Studio | 431 sqft | AED 325KAED 325,000 · Jun 2021June 2021 | 54,000 /yr | |
| 404 | 857 sqft | AED 850KAED 850,000 · Sep 2025September 2025 | 69,000 /yr | ||
| 405 | Studio | 474 sqft | AED 470KAED 470,000 · Oct 2021October 2021 | 50,000 /yr | |
| 406 | Studio | 431 sqft | AED 485KAED 485,000 · Jul 2025July 2025 | 28,500 /yr | |
| 407 | 1-bed | 846 sqft | AED 700KAED 700,000 · May 2022May 2022 | 62,000 /yr | |
| 408 | 1-bed | 769 sqft | AED 690KAED 689,670 · Feb 2022February 2022 | 65,000 /yr | |
| 409 | 818 sqft | AED 880KAED 880,000 · Oct 2025October 2025 | 65,000 /yr | ||
| 410 | Studio | 434 sqft | AED 435KAED 435,000 · Dec 2021December 2021 | 40,000 /yr | |
| 411 | Studio | 457 sqft | AED 430KAED 430,000 · Nov 2021November 2021 | 40,000 /yr | |
| 412 | Studio | 485 sqft | AED 480KAED 480,000 · Jan 2022January 2022 | 40,000 /yr | |
| 413 | 1-bed | 1,117 sqft | AED 750KAED 750,000 · Mar 2022March 2022 | 50,000 /yr | |
| 414 | 1-bed | 1,012 sqft | AED 753KAED 752,928 · Sep 2021September 2021 | 65,000 /yr |
401, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 8 March 2022 for AED 958,500, or AED 815 per sqft.
- Rented since October 2022 on 2 Ejari contracts, from AED 65,000 to AED 74,599 a year.
- At AED 74,599 a year the gross yield on the 2022 price is 7.8%.
- Two-beds in Aras Residence sold for AED 1,100,000–1,335,000 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 4 October 2024.
Questions about 401, Aras Residence
What did unit 401 last sell for?
AED 958,500 on 8 March 2022, sold by the developer: AED 815 per sqft for 1,176 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 74,599 a year on the contract signed on 4 October 2024. The previous contract, from October 2022, was AED 65,000.
How big is unit 401?
1,176 sqft (109.3 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2022.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Aras Residence sold for AED 1,100,000 to 1,335,000 in the last 12 months, around AED 1,035 per sqft.
Selling 401? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 401, Aras Residence
Starts from the last sale price (AED 959K, 8 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 958,500
- Deposit, UAE resident (20%)
- AED 191,700
- Deposit, non-resident (40%)
- AED 383,400
- Monthly over 25 years at 3.7%
- AED 3,922
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →