1-bed · 1,117 sqftAras Residence, Majan · 2nd floor · completed 2022

213, Aras Residence

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 8 March 2022
Last soldAED 779K8 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, Aras Residence

What is 213 worth today?

Last sold for AED 778,500 in 2022

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8 Mar 2022Sold by developerOff-plan
AED 778,500AED 696 per sqft

Source: Dubai Land Department. Updated 8 March 2022.

Key facts

Type
1-bed apartment
Size
1,117 sqft
Floor
2nd of 8
Parking
P1-19
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 779K · March 2022

About 213, Aras Residence

213 is a one-bedroom apartment of 1,117 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 8 March 2022 for AED 778,500, or AED 696 per sqft, 6% below the AED 744 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 213 over time

Sales
Unit 213, 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, March 2022: AED 778,500 (AED 696 per sqft)

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

Rents
Unit 213, 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 213 sits

All 41 1-beds →

213 last sold in March 2022 at AED 696 per sqft, 6% below what one-beds in Aras Residence were fetching at the time (AED 744). 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 2nd floor

All 96 units in Aras Residence
Value
2012-bedAED 1M · Dec 2021
2022-bedAED 740K · Dec 2021
203StudioAED 325K · Jul 2021
2041-bedAED 725K · Jul 2026
205StudioAED 410K · Nov 2021
206StudioAED 370K · Oct 2021
2071-bedAED 665K · Jul 2022
1–7 of 13

213, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 8 March 2022 for AED 778,500, or AED 696 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 8 March 2022.

Questions about 213, Aras Residence

What did unit 213 last sell for?

AED 778,500 on 8 March 2022, sold by the developer: AED 696 per sqft for 1,117 sqft. It is the only registered sale of the unit.

How big is unit 213?

1,117 sqft (103.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2022.

What is unit 213 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 213, Aras Residence

Starts from the last sale price (AED 779K, 8 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 778,500
Deposit, UAE resident (20%)
AED 155,700
Deposit, non-resident (40%)
AED 311,400
Monthly over 25 years at 3.7%
AED 3,185

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