431 sqftAras Residence, Majan · 5th floor · completed 2022

506, Aras Residence

Sold prices and rental history: sold 3 times, last in September 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 510K10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Aras Residence

What is 506 worth today?

Last sold for AED 510,000 in 2025

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10 Sep 2025SoldReady
AED 510,000AED 1,183 per sqft
13 May 2025SoldReady
AED 450,000AED 1,391 per sqft
3 Jan 2022Sold by developerOff-plan
AED 450,000AED 1,043 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
Apartment
Size
431 sqft
Floor
5th of 8
Parking
P2-04
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 510K · September 2025

About 506, Aras Residence

506 is an apartment of 431 sqft on the 5th floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . It last sold on 10 September 2025 for AED 510,000, or AED 1,183 per sqft.

No rental contract for the unit is registered on Ejari.

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 5th floor

All 96 units in Aras Residence
Value
5012-bedAED 850K · Mar 2022
5022-bedAED 968K · Feb 2022
503StudioAED 500K · Dec 2024
5041-bedAED 860K · Jun 2025
505StudioAED 450K · Mar 2022
5071-bedAED 750K · Apr 2022
5081-bedAED 1.04M · Feb 2026
1–7 of 13

506, Aras Residence in numbers

  • Sold 3 times: first on 3 January 2022 for AED 450,000, last on 10 September 2025 for AED 510,000 (AED 1,183 per sqft).

Source: Dubai Land Department. Updated 10 September 2025.

Questions about 506, Aras Residence

What did unit 506 last sell for?

AED 510,000 on 10 September 2025: AED 1,183 per sqft for 431 sqft. The unit has 3 registered sales; the first was AED 450,000 in January 2022.

How big is unit 506?

431 sqft (40.0 sqm): an apartment on the 5th floor of a 8-storey tower completed in 2022.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 506, Aras Residence

Starts from the last sale price (AED 510K, 10 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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