508, Aras Heights
Sold prices and rental history: sold once, by the developer in February 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Aras Heights
What is 508 worth today?
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Source: Dubai Land Department. Updated 20 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- ARAS Real Estate Development
- Completed
- 2023
- Last sold
- AED 770K · February 2024
- Building
- Aras Heights
About 508, Aras Heights
508 is a one-bedroom apartment of 832 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 21 February 2024 for AED 770,000, or AED 925 per sqft, in line with the AED 925 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 July 2026. The current contract, signed on 20 July 2026, is AED 62,000 a year: a gross yield of 8.1% on the 2024 price.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Aras Heights, and where 508 sits
All 16 1-beds →508 last sold in February 2024 at AED 925 per sqft, in line with what one-beds in Aras Heights were fetching at the time (AED 925). 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. 508's AED 62,000 is in the lower half of that range.
| 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 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 | |
| 502 | 2-bed | 1,339 sqft | AED 1.22MAED 1,218,300 · Apr 2024April 2024 | ||
| 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 | |
| 509 | Studio | 506 sqft | AED 630KAED 630,000 · Jun 2024June 2024 | 46,000 /yr |
508, Aras Heights in numbers
- Sold once: by ARAS Real Estate Development on 21 February 2024 for AED 770,000, or AED 925 per sqft.
- Rented since July 2026 on one Ejari contract, at AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2024 price is 8.1%.
- 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 20 July 2026.
Questions about 508, Aras Heights
What did unit 508 last sell for?
AED 770,000 on 21 February 2024, sold by the developer: AED 925 per sqft for 832 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 62,000 a year on the contract signed on 20 July 2026.
How big is unit 508?
832 sqft (77.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2023.
What is unit 508 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 508, Aras Heights
Starts from the last sale price (AED 770K, 21 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →