Aras Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Aras Development
96
Total Units
96
Sold
⃃ 700,000
Median Price
⃃ 900
Median Price /sqft
Construction progress: 100%
Start: May, 2021Completion: Aug, 2022

Aras Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio38430 sqft - 670 sqft⃃ 0.5M (1,040 /sqft)⃃ 1,780 /sqft
-41.95
1 Bed41770 sqft - 1,200 sqft⃃ 0.8M (1,040 /sqft)⃃ 1,380 /sqft
-25.01
2 Beds161,180 sqft - 2,120 sqft⃃ 1.3M (1,140 /sqft)⃃ 1,260 /sqft
-9.81
3 Beds12,450 sqft - 2,450 sqft⃃ 1,610 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Aras ResidenceWadi Al Safa 3
Mar 2021—1.0K
Apr 2021—716
May 2021—882
Jun 2021754776
Jul 2021754768
Aug 2021—855
Sep 2021947741
Oct 2021914585
Nov 20218561.0K
Dec 2021865927
Jan 20229741.0K
Feb 2022858815
Mar 2022760944
Apr 2022851877
May 2022863936
Jun 2022881819
Jul 2022742820
Aug 2022810832
Sep 2022—965
Oct 2022—823
Nov 20226561.4K
Dec 2022—1.7K
Jan 2023—1.4K
Feb 20238751.3K
Mar 20238751.4K
Apr 2023—1.6K
May 2023—1.5K
Jun 2023—1.5K
Jul 2023—1.5K
Aug 20237451.5K
Sep 2023—1.2K
Oct 20239431.2K
Nov 2023—1.9K
Dec 20238561.6K
Jan 2024—1.5K
Feb 20249571.4K
Mar 2024—1.5K
Apr 2024—1.6K
May 2024—1.4K
Jun 2024—1.2K
Jul 2024—1.3K
Aug 2024—1.4K
Sep 20249071.4K
Oct 20241.1K1.4K
Nov 2024—1.5K
Dec 20241.1K1.5K
Jan 20259911.5K
Feb 2025—1.5K
Mar 20258841.6K
Apr 2025—1.5K
May 20251.2K1.4K
Jun 20251.0K1.4K
Jul 20251.1K1.8K
Aug 20253681.5K
Sep 20251.1K1.4K
Oct 20251.2K1.5K
Nov 2025—1.4K
Dec 20251.0K1.8K
Jan 20269351.8K
Feb 20261.2K1.7K
Mar 2026—1.5K
Apr 20261.1K1.6K
May 20261.0K1.4K
Jun 2026—1.7K
Jul 20268461.5K
Aug 20261.1K1.5K
Sep 2026—1.4K
Oct 20267731.4K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
No data found

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment1,198 sqft42.63 sqft⃃ 850,000⃃ 710 /sqft19, Jul 2022
1Apartment915 sqft22.89 sqft⃃ 830,000⃃ 907 /sqft03, Sep 2024
1Apartment1,176 sqft36.44 sqft⃃ 728,450⃃ 619 /sqft29, Nov 2021
1Apartment859 sqft19.04 sqft⃃ 664,999⃃ 774 /sqft19, Jul 2022
1Apartment828 sqft15.74 sqft⃃ 640,000⃃ 773 /sqft08, Oct 2026
2Apartment2,120 sqft92.31 sqft⃃ 1,390,000⃃ 656 /sqft01, Nov 2022
2Apartment1,653 sqft71.07 sqft⃃ 1,197,000⃃ 724 /sqft08, Mar 2022
2Apartment1,294 sqft26.92 sqft⃃ 1,125,000⃃ 869 /sqft09, May 2022
2Apartment1,376 sqft45.49 sqft⃃ 1,050,000⃃ 763 /sqft16, Mar 2022
StudioApartment463 sqft11.22 sqft⃃ 475,000⃃ 1,026 /sqft24, Dec 2025
StudioApartment668 sqft35.2 sqft⃃ 448,850⃃ 672 /sqft14, Mar 2022
1Apartment818 sqft14.79 sqft⃃ 1,050,000⃃ 1,284 /sqft09, Oct 2025
1Apartment1,117 sqft35.21 sqft⃃ 778,500⃃ 697 /sqft08, Mar 2022
1Apartment1,012 sqft25.7 sqft⃃ 754,000⃃ 745 /sqft14, Jul 2021
1Apartment857 sqft18.51 sqft⃃ 725,000⃃ 846 /sqft30, Jul 2026

Aras Residence Real Estate Data – FAQ

  • What is the current property supply in Aras Residence?

    Aras Residence has a total residential supply of approximately 17 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Aras Residence?

    Aras Residence recorded 11 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Aras Residence?

    The median transaction price in Aras Residence is ⃃ 1,040 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Aras Residence?

    The gross rental yield in Aras Residence is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Aras Residence?

    Property prices in Aras Residence have shown a capital appreciation of 3.98% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Aras Residence?

    There are currently 0 active off-plan projects in Aras Residence, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Aras Residence?

    The total off-plan pipeline in Aras Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Aras Residence a good area for property investment?

    Aras Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 8%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Aras Residence, this is 8%, indicating relatively strong income performance compared to global markets.