1-bed · 1,198 sqftAras Residence, Majan · 1st floor · completed 2022

110, Aras Residence

Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 110 · DLD and Ejari recordsUpdated 23 December 2023
Last soldAED 850K19 July 2022
Current rentAED 60K /yr23 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, Aras Residence

What is 110 worth today?

Last sold for AED 850,000 in 2022

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23 Dec 2023RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
10 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
19 Jul 2022Sold by developerOff-plan
AED 850,000AED 709 per sqft

Source: Dubai Land Department. Updated 23 December 2023.

Key facts

Type
1-bed apartment
Size
1,198 sqft
Floor
1st of 8
Parking
G-01
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 850K · July 2022

About 110, Aras Residence

110 is a one-bedroom apartment of 1,198 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 19 July 2022 for AED 850,000, or AED 709 per sqft, 15% below the AED 831 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 23 December 2023, is AED 60,000 a year: a gross yield of 7.1% on the 2022 price.

Sales and rents for 110 over time

Sales
Unit 110, 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, July 2022: AED 850,000 (AED 709 per sqft)

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

Rents
Unit 110, 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 63,000New contract, December 2022: AED 55,000 a yearNew contract, December 2023: AED 60,000 a year

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 110 sits

All 41 1-beds →

110 last sold in July 2022 at AED 709 per sqft, 15% below what one-beds in Aras Residence were fetching at the time (AED 831). 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. 110's AED 60,000 is in the lower half of that range.

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
1061-bedAED 830K · Sep 2024
1071-bedAED 640K · Oct 2026
1–7 of 10

110, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 19 July 2022 for AED 850,000, or AED 709 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 7.1%.
  • 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 23 December 2023.

Questions about 110, Aras Residence

What did unit 110 last sell for?

AED 850,000 on 19 July 2022, sold by the developer: AED 709 per sqft for 1,198 sqft. It is the only registered sale of the unit.

What is the rent for unit 110?

AED 60,000 a year on the contract signed on 23 December 2023. The previous contract, from December 2022, was AED 55,000.

How big is unit 110?

1,198 sqft (111.3 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2022.

What is unit 110 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 110, Aras Residence

Starts from the last sale price (AED 850K, 19 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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