502, 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 502, Aras Heights
What is 502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,339 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- ARAS Real Estate Development
- Completed
- 2023
- Last sold
- AED 1.22M · April 2024
- Building
- Aras Heights
About 502, Aras Heights
502 is a two-bedroom apartment of 1,339 sqft on the 5th floor of Aras Heights, a 9-storey tower in Majan completed in 2023 by ARAS Real Estate Development . The developer sold it on 2 April 2024 for AED 1,218,300, or AED 909 per sqft, in line with the AED 929 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
502 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Aras Heights, and where 502 sits
All 40 2-beds →502 last sold in April 2024 at AED 909 per sqft, in line with what two-beds in Aras Heights were fetching at the time (AED 929). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jul 20263 July 2026 | 1,304 sqft | 1,300,000 | 996 | ||
| 5 Jun 20265 June 2026 | 1,480 sqft | 1,475,000 | 996 | ||
| 21 May 202621 May 2026 | 1,230 sqft | 1,400,000 | 1,137 | ||
| 11 May 202611 May 2026 | 1,223 sqft | 1,400,000 | 1,145 |
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 5th floor
All 73 units in Aras Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,305 sqft | AED 1.2MAED 1,199,700 · Mar 2024March 2024 | 90,000 /yr | |
| 503 | 2-bed | 1,223 sqft | AED 1.29MAED 1,290,000 · May 2024May 2024 | 90,000 /yr | |
| 504 | 2-bed | 1,228 sqft | AED 1.29MAED 1,290,000 · May 2024May 2024 | ||
| 505 | Studio | 424 sqft | AED 660KAED 660,000 · May 2024May 2024 | ||
| 506 | 2-bed | 1,480 sqft | AED 1.29MAED 1,290,000 · Jul 2024July 2024 | ||
| 507 | 1-bed | 988 sqft | AED 875KAED 875,000 · Feb 2026February 2026 | 50,000 /yr | |
| 508 | 1-bed | 832 sqft | AED 770KAED 770,000 · Feb 2024February 2024 | 62,000 /yr | |
| 509 | Studio | 506 sqft | AED 630KAED 630,000 · Jun 2024June 2024 | 46,000 /yr |
502, Aras Heights in numbers
- Sold once: by ARAS Real Estate Development on 2 April 2024 for AED 1,218,300, or AED 909 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 2 April 2024.
Questions about 502, Aras Heights
What did unit 502 last sell for?
AED 1,218,300 on 2 April 2024, sold by the developer: AED 909 per sqft for 1,339 sqft. It is the only registered sale of the unit.
How big is unit 502?
1,339 sqft (124.4 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2023.
What is unit 502 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.
Selling 502? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 502, Aras Heights
Starts from the last sale price (AED 1.22M, 2 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,218,300
- Deposit, UAE resident (20%)
- AED 243,660
- Deposit, non-resident (40%)
- AED 487,320
- Monthly over 25 years at 3.7%
- AED 4,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →