407, Aras Heights
Sold prices and rental history: sold once, by the developer in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Aras Heights
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 988 sqft
- Floor
- 4th of 9
- Parking
- 1
- Developer
- ARAS Real Estate Development
- Completed
- 2023
- Last sold
- AED 980K · April 2024
- Building
- Aras Heights
About 407, Aras Heights
407 is a one-bedroom apartment of 988 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 April 2024 for AED 980,000, or AED 991 per sqft, in line with the AED 991 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 407 over time
407 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Aras Heights, and where 407 sits
All 16 1-beds →407 last sold in April 2024 at AED 991 per sqft, in line with what one-beds in Aras Heights were fetching at the time (AED 991). Over the last 12 months one-beds sold for AED 800,000 to 1,100,000, around AED 1,115 per sqft, and rent for AED 50,000 to 75,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jun 202617 June 2026 | 833 sqft | 800,000 | 960 | ||
| 14 May 202614 May 2026 | 986 sqft | 1,100,000 | 1,115 | ||
| 6 Apr 20266 April 2026 | 986 sqft | 1,100,000 | 1,115 | ||
| 26 Feb 202626 February 2026 | 988 sqft | 875,000 | 885 |
Aras Heights
Building73 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%
Other units on the 4th floor
All 73 units in Aras Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,305 sqft | AED 1.16MAED 1,155,700 · Feb 2024February 2024 | 97,000 /yr | |
| 402 | 2-bed | 1,339 sqft | AED 1.26MAED 1,264,200 · Feb 2024February 2024 | 97,000 /yr | |
| 403 | 2-bed | 1,223 sqft | AED 1.4MAED 1,400,000 · May 2026May 2026 | ||
| 404 | 2-bed | 1,228 sqft | AED 1.24MAED 1,244,600 · Mar 2024March 2024 | 90,000 /yr | |
| 405 | Studio | 424 sqft | AED 535KAED 535,000 · Aug 2024August 2024 | 43,000 /yr | |
| 406 | 2-bed | 1,480 sqft | AED 1.27MAED 1,268,625 · Mar 2024March 2024 | ||
| 408 | 1-bed | 833 sqft | AED 800KAED 800,000 · Jun 2026June 2026 | ||
| 409 | Studio | 506 sqft | AED 620KAED 620,000 · Feb 2024February 2024 |
407, Aras Heights in numbers
- Sold once: by ARAS Real Estate Development on 1 April 2024 for AED 980,000, or AED 991 per sqft.
- One-beds in Aras Heights sold for AED 800,000–1,100,000 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 April 2024.
Questions about 407, Aras Heights
What did unit 407 last sell for?
AED 980,000 on 1 April 2024, sold by the developer: AED 991 per sqft for 988 sqft. It is the only registered sale of the unit.
How big is unit 407?
988 sqft (91.8 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2023.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Aras Heights sold for AED 800,000 to 1,100,000 in the last 12 months, around AED 1,115 per sqft.
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Mortgage on 407, Aras Heights
Starts from the last sale price (AED 980K, 1 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →