1-bed · 915 sqftAras Residence, Majan · 1st floor · completed 2022

106, Aras Residence

Sold prices and rental history: sold twice, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 3 September 2024
Last soldAED 830K3 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Aras Residence

What is 106 worth today?

Last sold for AED 830,000 in 2024

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3 Sep 2024SoldReady
AED 830,000AED 907 per sqft
28 Oct 2021Sold by developerOff-plan
AED 744,300AED 813 per sqft

Source: Dubai Land Department. Updated 3 September 2024.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
1st of 8
Parking
P1-22
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 830K · September 2024

About 106, Aras Residence

106 is a one-bedroom apartment of 915 sqft on the 1st floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . It last sold on 3 September 2024 for AED 830,000, or AED 907 per sqft, in line with the AED 907 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 106 over time

Sales
Unit 106, 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, October 2021: AED 744,300 (AED 813 per sqft)Sold, September 2024: AED 830,000 (AED 907 per sqft)

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

Rents
Unit 106, 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 106 sits

All 41 1-beds →

106 last sold in September 2024 at AED 907 per sqft, in line with what one-beds in Aras Residence were fetching at the time (AED 907). 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
1041-bedAED 728K · Nov 2021
1051-bedAED 665K · Jul 2022
1071-bedAED 640K · Oct 2026
108StudioAED 449K · Mar 2022
1–7 of 10

106, Aras Residence in numbers

  • Sold twice: first on 28 October 2021 for AED 744,300, last on 3 September 2024 for AED 830,000 (AED 907 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 3 September 2024.

Questions about 106, Aras Residence

What did unit 106 last sell for?

AED 830,000 on 3 September 2024: AED 907 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 744,300 in October 2021.

How big is unit 106?

915 sqft (85.0 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2022.

What is unit 106 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 106, Aras Residence

Starts from the last sale price (AED 830K, 3 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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