ARAS Residence Launch Prices
Off-plan in Majan · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
90 developer launch sales registered at ARAS Residence between Jul 2021 and Aug 2022: 100% apartments, most commonly 1-bed units, typically around 818 sqft.
Bed mix: Studio 41% · 1-bed 42% · 2-bed 16% · 3-bed 1%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at ARAS Residence, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2021 Q3 | 13 | AED 906 |
| 2021 Q4 | 26 | AED 886 |
| 2022 Q1 | 29 | AED 817 |
| 2022 Q2 | 17 | AED 856 |
| 2022 Q3 | 5 | AED 774 |
Launch vs Resale
ARAS Residence also has 16 ready-market resales registered with the DLD, the first on 4 October 2023 - 27 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Majan
Off-plan in Majan
Compare this project with every other off-plan launch registered in Majan, or see the community's resale market.
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