206, Aras Residence
Sold prices and rental history: sold once, by the developer in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Aras Residence
What is 206 worth today?
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Source: Dubai Land Department. Updated 18 October 2021.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 2nd of 8
- Parking
- P2-28
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 370K · October 2021
- Building
- Aras Residence
About 206, Aras Residence
206 is a studio of 431 sqft on the 2nd floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 18 October 2021 for AED 370,000, or AED 858 per sqft, 7% below the AED 925 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 206 over time
206 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 206 sits
All 38 studios →206 last sold in October 2021 at AED 858 per sqft, 7% below what studios in Aras Residence were fetching at the time (AED 925). 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.
| 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 2nd floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,176 sqft | AED 1MAED 1,000,000 · Dec 2021December 2021 | 86,000 /yr | |
| 202 | 2-bed | 1,181 sqft | AED 740KAED 739,760 · Dec 2021December 2021 | 95,000 /yr | |
| 203 | Studio | 431 sqft | AED 325KAED 325,000 · Jul 2021July 2021 | 45,000 /yr | |
| 204 | 1-bed | 857 sqft | AED 725KAED 725,000 · Jul 2026July 2026 | 55,000 /yr | |
| 205 | Studio | 474 sqft | AED 410KAED 410,136 · Nov 2021November 2021 | 46,000 /yr | |
| 207 | 1-bed | 846 sqft | AED 665KAED 664,999 · Jul 2022July 2022 | 70,000 /yr | |
| 208 | 1-bed | 769 sqft | AED 690KAED 689,670 · Feb 2022February 2022 | 65,000 /yr | |
| 209 | 1-bed | 818 sqft | AED 1.05MAED 1,050,000 · Oct 2025October 2025 | 75,000 /yr | |
| 210 | Studio | 434 sqft | AED 392KAED 392,000 · Jul 2021July 2021 | 33,000 /yr | |
| 211 | Studio | 457 sqft | AED 500KAED 500,000 · May 2025May 2025 | 50,000 /yr | |
| 212 | Studio | 485 sqft | AED 405KAED 405,000 · Nov 2021November 2021 | 33,588 /yr | |
| 213 | 1-bed | 1,117 sqft | AED 779KAED 778,500 · Mar 2022March 2022 | ||
| 214 | 1-bed | 1,012 sqft | AED 754KAED 754,000 · Jul 2021July 2021 | 75,000 /yr |
206, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 18 October 2021 for AED 370,000, or AED 858 per sqft.
- 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 18 October 2021.
Questions about 206, Aras Residence
What did unit 206 last sell for?
AED 370,000 on 18 October 2021, sold by the developer: AED 858 per sqft for 431 sqft. It is the only registered sale of the unit.
How big is unit 206?
431 sqft (40.0 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2022.
What is unit 206 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 206, Aras Residence
Starts from the last sale price (AED 370K, 18 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →