2-bed · 1,480 sqftAras Heights, Majan · 4th floor · completed 2023

406, Aras Heights

Sold prices and rental history: sold once, by the developer in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.27M1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Aras Heights

What is 406 worth today?

Last sold for AED 1,268,625 in 2024

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1 Mar 2024Sold by developerOff-plan
AED 1,268,625AED 857 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Floor
4th of 9
Parking
1
Developer
ARAS Real Estate Development
Completed
2023
Last sold
AED 1.27M · March 2024
Building
Aras Heights

About 406, Aras Heights

406 is a two-bedroom apartment of 1,480 sqft on the 4th floor of Aras Heights, a 9-storey tower in Majan completed in 2023 by ARAS Real Estate Development . The developer sold it on 1 March 2024 for AED 1,268,625, or AED 857 per sqft, 9% below the AED 944 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Aras Heights
1.3M1.4M2024202520262027Typical sale price by year: 2024 AED 1,290,000; 2026 AED 1,400,000Sold by developer, March 2024: AED 1,268,625 (AED 857 per sqft)

406 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Aras Heights, and where 406 sits

All 40 2-beds →

406 last sold in March 2024 at AED 857 per sqft, 9% below what two-beds in Aras Heights were fetching at the time (AED 944). Over the last 12 months two-beds sold for AED 1,300,000 to 1,475,000, around AED 1,045 per sqft, and rent for AED 85,000 to 130,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 20261,300,000
5 Jun 20261,475,000
21 May 20261,400,000
11 May 20261,400,000
7 2-bed sales in the last 12 months

Aras Heights

Building

73 apartments, studios to 3-bed over 9 floors in Majan, completed in 2023 by ARAS Real Estate Development . 14 sold in the last 12 months.

Typical price per sqft
AED 1,115
Typical sale
AED 1.2M
Typical rent
AED 75K /yr
Typical yield
6.7%
Aras Heights, Majan: prices, sales and rents →

Other units on the 4th floor

All 73 units in Aras Heights
Value
4012-bedAED 1.16M · Feb 2024
4022-bedAED 1.26M · Feb 2024
4032-bedAED 1.4M · May 2026
4042-bedAED 1.24M · Mar 2024
405StudioAED 535K · Aug 2024
4071-bedAED 980K · Apr 2024
4081-bedAED 800K · Jun 2026
1–7 of 8

406, Aras Heights in numbers

  • Sold once: by ARAS Real Estate Development on 1 March 2024 for AED 1,268,625, or AED 857 per sqft.
  • Two-beds in Aras Heights sold for AED 1,300,000–1,475,000 in the 12 months to November 2026; the building's median across all types is AED 1,115 per sqft.

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 406, Aras Heights

What did unit 406 last sell for?

AED 1,268,625 on 1 March 2024, sold by the developer: AED 857 per sqft for 1,480 sqft. It is the only registered sale of the unit.

How big is unit 406?

1,480 sqft (137.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2023.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Aras Heights sold for AED 1,300,000 to 1,475,000 in the last 12 months, around AED 1,045 per sqft.

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Mortgage on 406, Aras Heights

Starts from the last sale price (AED 1.27M, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,268,625
Deposit, UAE resident (20%)
AED 253,725
Deposit, non-resident (40%)
AED 507,450
Monthly over 25 years at 3.7%
AED 5,190

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