2-bed · 1,294 sqftAras Residence, Majan · 1st floor · completed 2022

103, Aras Residence

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 28 April 2022
Last soldAED 1.13M28 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Aras Residence

What is 103 worth today?

Last sold for AED 1,125,000 in 2022

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28 Apr 2022Sold by developerOff-plan
AED 1,125,000AED 869 per sqft

Source: Dubai Land Department. Updated 28 April 2022.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
1st of 8
Parking
G-17
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 1.13M · April 2022

About 103, Aras Residence

103 is a two-bedroom apartment of 1,294 sqft on the 1st floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 28 April 2022 for AED 1,125,000, or AED 869 per sqft, 7% above the AED 815 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Aras Residence
1M1.2M2021202320252027Typical sale price by year: 2021 AED 982,150; 2022 AED 1,008,750; 2026 AED 1,335,000Sold by developer, April 2022: AED 1,125,000 (AED 869 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Aras Residence
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 67,500; 2024 AED 70,000; 2025 AED 78,000; 2026 AED 84,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Aras Residence, and where 103 sits

All 16 2-beds →

103 last sold in April 2022 at AED 869 per sqft, 7% above what two-beds in Aras Residence were fetching at the time (AED 815). Over the last 12 months two-beds sold for AED 1,100,000 to 1,350,000, around AED 1,135 per sqft, and rent for AED 70,000 to 100,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Apr 20261,350,000
13 Feb 20261,335,000
9 Jan 20261,100,000
8 Sep 2025912,000
3 2-bed sales in the last 12 months

Aras Residence

Building

96 apartments, studios to 3-bed over 8 floors in Majan, completed in 2022 by ARAS Real Estate Development . 10 sold in the last 12 months.

Typical price per sqft
AED 1,035 Up 3.0%
Typical sale
AED 849K
Typical rent
AED 55K /yr
Typical yield
7.6%
Aras Residence, Majan: prices, sales and rents →

Other units on the 1st floor

All 96 units in Aras Residence
Value
1012-bedAED 1.05M · Mar 2022
1022-bedAED 1.2M · Mar 2022
1041-bedAED 728K · Nov 2021
1051-bedAED 665K · Jul 2022
1061-bedAED 830K · Sep 2024
1071-bedAED 640K · Oct 2026
108StudioAED 449K · Mar 2022
1–7 of 10

103, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 28 April 2022 for AED 1,125,000, or AED 869 per sqft.
  • Two-beds in Aras Residence sold for AED 1,100,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,035 per sqft.

Source: Dubai Land Department. Updated 28 April 2022.

Questions about 103, Aras Residence

What did unit 103 last sell for?

AED 1,125,000 on 28 April 2022, sold by the developer: AED 869 per sqft for 1,294 sqft. It is the only registered sale of the unit.

How big is unit 103?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2022.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Aras Residence sold for AED 1,100,000 to 1,350,000 in the last 12 months, around AED 1,135 per sqft.

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Mortgage on 103, Aras Residence

Starts from the last sale price (AED 1.13M, 28 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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