1-bed · 1,176 sqftAras Residence, Majan · 1st floor · completed 2022

104, Aras Residence

Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 29 November 2021
Last soldAED 728K29 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Aras Residence

What is 104 worth today?

Last sold for AED 728,450 in 2021

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29 Nov 2021Sold by developerOff-plan
AED 728,450AED 619 per sqft

Source: Dubai Land Department. Updated 29 November 2021.

Key facts

Type
1-bed apartment
Size
1,176 sqft
Floor
1st of 8
Parking
G-03
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 728K · November 2021

About 104, Aras Residence

104 is a one-bedroom apartment of 1,176 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 29 November 2021 for AED 728,450, or AED 619 per sqft, 21% below the AED 779 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in Aras Residence
700K800K2021202320252027Typical sale price by year: 2021 AED 754,000; 2022 AED 718,875; 2023 AED 750,000; 2025 AED 860,000; 2026 AED 828,000Sold by developer, November 2021: AED 728,450 (AED 619 per sqft)

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

Rents
Unit 104, each contractTypical one-bed in Aras Residence
50K60K202220242026Typical rent by year: 2022 AED 50,000; 2023 AED 50,000; 2024 AED 60,000; 2025 AED 65,000; 2026 AED 63,000

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

1-beds in Aras Residence, and where 104 sits

All 41 1-beds →

104 last sold in November 2021 at AED 619 per sqft, 21% below what one-beds in Aras Residence were fetching at the time (AED 779). Over the last 12 months one-beds sold for AED 640,000 to 1,035,000, around AED 1,012 per sqft, and rent for AED 50,000 to 75,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026640,000
4 Aug 2026870,000
30 Jul 2026725,000
5 May 2026828,000
5 1-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
1032-bedAED 1.13M · Apr 2022
1051-bedAED 665K · Jul 2022
1061-bedAED 830K · Sep 2024
1071-bedAED 640K · Oct 2026
108StudioAED 449K · Mar 2022
1–7 of 10

104, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 29 November 2021 for AED 728,450, or AED 619 per sqft.
  • One-beds in Aras Residence sold for AED 640,000–1,035,000 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 29 November 2021.

Questions about 104, Aras Residence

What did unit 104 last sell for?

AED 728,450 on 29 November 2021, sold by the developer: AED 619 per sqft for 1,176 sqft. It is the only registered sale of the unit.

How big is unit 104?

1,176 sqft (109.3 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2022.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Aras Residence sold for AED 640,000 to 1,035,000 in the last 12 months, around AED 1,012 per sqft.

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Mortgage on 104, Aras Residence

Starts from the last sale price (AED 728K, 29 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 728,450
Deposit, UAE resident (20%)
AED 145,690
Deposit, non-resident (40%)
AED 291,380
Monthly over 25 years at 3.7%
AED 2,980

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