108, Aras Residence
Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 108, Aras Residence
What is 108 worth today?
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Source: Dubai Land Department. Updated 2 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 668 sqft
- Floor
- 1st of 8
- Parking
- P1-31
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 449K · March 2022
- Building
- Aras Residence
About 108, Aras Residence
108 is a studio of 668 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 14 March 2022 for AED 448,850, or AED 672 per sqft, 29% below the AED 942 studios in the building were fetching at the time.
One Ejari contract is registered, from 2 February 2023. The current contract, signed on 2 February 2023, is AED 30,000 a year: a gross yield of 6.7% on the 2022 price.
Sales and rents for 108 over time
108 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Aras Residence, and where 108 sits
All 38 studios →108 last sold in March 2022 at AED 672 per sqft, 29% below what studios in Aras Residence were fetching at the time (AED 942). Over the last 12 months studios sold for AED 450,000 to 475,000, around AED 1,035 per sqft, and rent for AED 21,000 to 50,000 a year. 108's AED 30,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 463 sqft | 475,000 | 1,026 | ||
| 17 Dec 202517 December 2025 | 431 sqft | 450,000 | 1,043 | ||
| 10 Sep 202510 September 2025 | 431 sqft | 510,000 | 1,183 | ||
| 3 Sep 20253 September 2025 | 457 sqft | 525,000 | 1,149 |
Aras Residence
Building96 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%
Other units on the 1st floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,377 sqft | AED 1.05MAED 1,050,000 · Mar 2022March 2022 | ||
| 102 | 2-bed | 1,653 sqft | AED 1.2MAED 1,197,000 · Mar 2022March 2022 | 40,000 /yr | |
| 103 | 2-bed | 1,294 sqft | AED 1.13MAED 1,125,000 · Apr 2022April 2022 | ||
| 104 | 1-bed | 1,176 sqft | AED 728KAED 728,450 · Nov 2021November 2021 | ||
| 105 | 1-bed | 859 sqft | AED 665KAED 664,999 · Jul 2022July 2022 | 58,000 /yr | |
| 106 | 1-bed | 915 sqft | AED 830KAED 830,000 · Sep 2024September 2024 | ||
| 107 | 1-bed | 828 sqft | AED 640KAED 640,000 · Oct 2026October 2026 | 60,000 /yr | |
| 109 | Studio | 463 sqft | AED 475KAED 475,000 · Dec 2025December 2025 | 44,000 /yr | |
| 110 | 1-bed | 1,198 sqft | AED 850KAED 850,000 · Jul 2022July 2022 | 60,000 /yr | |
| 111 | 2-bed | 2,120 sqft | AED 1.39MAED 1,390,000 · Nov 2022November 2022 | 70,000 /yr |
108, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 14 March 2022 for AED 448,850, or AED 672 per sqft.
- Rented since February 2023 on one Ejari contract, at AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2022 price is 6.7%.
- Studios in Aras Residence sold for AED 450,000–475,000 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 2 February 2023.
Questions about 108, Aras Residence
What did unit 108 last sell for?
AED 448,850 on 14 March 2022, sold by the developer: AED 672 per sqft for 668 sqft. It is the only registered sale of the unit.
What is the rent for unit 108?
AED 30,000 a year on the contract signed on 2 February 2023.
How big is unit 108?
668 sqft (62.1 sqm): a studio on the 1st floor of a 8-storey tower completed in 2022.
What is unit 108 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Aras Residence sold for AED 450,000 to 475,000 in the last 12 months, around AED 1,035 per sqft.
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Mortgage on 108, Aras Residence
Starts from the last sale price (AED 449K, 14 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 448,850
- Deposit, UAE resident (20%)
- AED 89,770
- Deposit, non-resident (40%)
- AED 179,540
- Monthly over 25 years at 3.7%
- AED 1,836
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →