Aras Residence in Majan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Aras Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	36	13,111	475,000

Rents in Aras Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	40	1,100	44,000

The cap rate (rental yield) of investments into Aras Residence project is 11.5% on average.

The price of an apartment in Aras Residence is 13,111 AED/sqm on average.

The long term rent of an apartment in Aras Residence is 1,100 AED/sqm/year on average.

Price for off-plan Studio apartment in Aras Residence is 475,000 AED or 13,111 AED/sqm.

Rent for Studio apartment in Aras Residence is 44,000 AED or 1,100 AED/sqm.

About Aras Residence

'Aras Residence' in 'Majan' area project description

Aras Residence is a luxurious residential development located in Dubai, UAE. The project is developed by Aras Group, a leading real estate developer in the region. The development is located in the heart of Dubai, close to the city’s major attractions and landmarks. The project offers a range of luxurious apartments that are designed to provide the highest levels of comfort and convenience.

The development consists of two towers, each offering a range of one, two, and three bedroom apartments. The apartments feature modern and elegant interiors, with high-end finishes and fixtures. The apartments are equipped with the latest home automation systems, providing residents with the ultimate in convenience and comfort. The development also offers a range of amenities, including a swimming pool, gym, and sauna.

The project is located in close proximity to a range of attractions, including the Dubai Mall, the Burj Khalifa, and the Dubai International Financial Centre. The development is also close to a range of shopping and dining options, as well as a range of entertainment venues.

The development is designed to provide residents with the ultimate in luxury living. The apartments are designed to provide maximum comfort and convenience, while the amenities and facilities ensure that residents have access to all the necessary amenities. The development is also close to a range of attractions, making it an ideal choice for those looking to live in the heart of Dubai.

Aras Residence is a luxurious residential development that offers the ultimate in luxury living. The development is located in the heart of Dubai, close to a range of attractions and amenities. The apartments are designed to provide maximum comfort and convenience, while the amenities and facilities ensure that residents have access to all the necessary amenities. The development is an ideal choice for those looking to live in the heart of Dubai.

Q&A on Aras Residence

What are the advantages of 'Aras Residence' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Aras Residence is located in the heart of Dubai, offering easy access to the city’s top attractions and amenities.

2. Quality Construction: The project is developed by a renowned developer, offering high-quality construction and modern amenities.

3. Affordable Prices: The project offers competitively priced units, making it an attractive option for real estate buyers.

4. Flexible Payment Plans: Buyers can choose from a range of payment plans, allowing them to purchase their desired unit without any financial strain.

5. Luxury Amenities: Aras Residence offers a range of luxury amenities such as a swimming pool, gym, sauna, and steam room.

6. Rental Potential: The project is located in a sought-after area, making it an ideal investment option for those looking to rent out their unit.