Dubai project data
ARAS Residence: rents and rent contracts
أراس ريزيدنس
Registered sales and rent contracts for the project ARAS Residence in Majan, from Dubai Land Department open data.
ARAS Residence (Majan): 55 registered rent contracts in the 12 months to September 2026, median annual rent AED 57,231. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 880,000
- Off-plan share of sales
- under 3
- Median annual rent
- AED 57,231
- Gross rental yield
- under 30 sales (11)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in ARAS Residence
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 11 | AED 1,064 per sq ft | 1,012 – 1,148 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in ARAS Residence
- Median annual rent per sq ft
- AED 79 per sq ft
- Gross rental yield
- under 30 sales (11)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 11 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in ARAS Residence
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| Studio | under 3 | under 3 | AED 42,000 | under 3 sales |
| 1 bedroom | 6 | AED 1,064 per sq ft | AED 65,000 | under 30 sales (6) |
| 2 bedrooms | 3 | AED 1,135 per sq ft | AED 84,000 | under 30 sales (3) |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in ARAS Residence
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | under 3 | under 3 | 5 |
| Nov 2024 | under 3 | under 3 | 7 |
| Dec 2024 | 3 | AED 1,144 per sq ft | 10 |
| Jan 2025 | under 3 | under 3 | 4 |
| Feb 2025 | under 3 | under 3 | 6 |
| Mar 2025 | 3 | AED 884 per sq ft | 3 |
| Aug 2025 | under 3 | under 3 | 9 |
| Sep 2025 | 4 | AED 992 per sq ft | 5 |
| Oct 2025 | under 3 | under 3 | 11 |
| Nov 2025 | under 3 | under 3 | 3 |
| Dec 2025 | under 3 | under 3 | 8 |
| Jan 2026 | under 3 | under 3 | 5 |
| Feb 2026 | under 3 | under 3 | 9 |
| Mar 2026 | under 3 | under 3 | 6 |
| Aug 2026 | under 3 | under 3 | 4 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2021 | 22 | AED 948 per sq ft |
| 2022 | 52 | AED 828 per sq ft |
| 2023 | 7 | AED 875 per sq ft |
| 2024 | 7 | AED 995 per sq ft |
| 2025 | 18 | AED 1,005 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
ARAS Residence is a project in the DLD area Wadi Al Safa 3.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Majan
- LIVING LEGENDS PHASE 5 222 registered transactions and rent contracts in 12 months.
- LIVING LEGENDS PHASE 6 159 registered transactions and rent contracts in 12 months.
- Paradise View 1 156 registered transactions and rent contracts in 12 months.
- THE FIELDS AT D11 - MBRMC 138 registered transactions and rent contracts in 12 months.
- SHERENA RESIDENCE 136 registered transactions and rent contracts in 12 months.
- Rabdan Gates 125 registered transactions and rent contracts in 12 months.
Questions about ARAS Residence
- How many sales were registered in ARAS Residence?
- 11 sales were registered in ARAS Residence in Oct 2025 – Sep 2026.
- What is the median price per sq ft in ARAS Residence?
- The median price of registered sales in ARAS Residence was AED 1,064 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in ARAS Residence?
- The median annual rent of registered rent contracts in ARAS Residence was AED 57,231 in Oct 2025 – Sep 2026.
- Which DLD area is ARAS Residence in?
- ARAS Residence is registered in the Dubai Land Department area Wadi Al Safa 3 (Majan).
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae