612, Aras Residence
Sold prices and rental history: sold once, by the developer in October 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 612, Aras Residence
What is 612 worth today?
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Source: Dubai Land Department. Updated 9 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 485 sqft
- Floor
- 6th of 8
- Parking
- P2-34
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 451K · October 2021
- Building
- Aras Residence
About 612, Aras Residence
612 is a studio of 485 sqft on the 6th floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 31 October 2021 for AED 450,702, or AED 929 per sqft, in line with the AED 929 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 9 December 2025, is AED 35,000 a year: a gross yield of 7.8% on the 2021 price.
Sales and rents for 612 over time
612 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 612 sits
All 38 studios →612 last sold in October 2021 at AED 929 per sqft, in line with what studios in Aras Residence were fetching at the time (AED 929). 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. 612's AED 35,000 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 6th floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,176 sqft | AED 1.35MAED 1,350,000 · Apr 2026April 2026 | ||
| 602 | 2-bed | 1,181 sqft | AED 435KAED 435,000 · Aug 2025August 2025 | ||
| 603 | Studio | 431 sqft | AED 432KAED 431,600 · Sep 2021September 2021 | 42,000 /yr | |
| 604 | 1-bed | 857 sqft | AED 725KAED 725,000 · Apr 2022April 2022 | 68,250 /yr | |
| 605 | Studio | 474 sqft | AED 462KAED 461,800 · Oct 2021October 2021 | ||
| 606 | Studio | 431 sqft | AED 450KAED 450,000 · Dec 2025December 2025 | 21,000 /yr | |
| 607 | 1-bed | 846 sqft | AED 850KAED 850,000 · Mar 2025March 2025 | ||
| 608 | 1-bed | 769 sqft | AED 763KAED 763,300 · Nov 2021November 2021 | 54,000 /yr | |
| 609 | 1-bed | 818 sqft | AED 725KAED 725,000 · May 2022May 2022 | 55,000 /yr | |
| 610 | Studio | 434 sqft | AED 409KAED 409,340 · Sep 2021September 2021 | 32,000 /yr | |
| 611 | Studio | 457 sqft | AED 525KAED 525,000 · Sep 2025September 2025 | 38,000 /yr | |
| 613 | 1-bed | 1,117 sqft | AED 792KAED 792,000 · Feb 2022February 2022 | 67,000 /yr | |
| 614 | 1-bed | 1,012 sqft | AED 990KAED 990,000 · Jan 2025January 2025 | 70,000 /yr |
612, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 31 October 2021 for AED 450,702, or AED 929 per sqft.
- Rented since November 2022 on 4 Ejari contracts, from AED 30,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2021 price is 7.8%.
- 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 9 December 2025.
Questions about 612, Aras Residence
What did unit 612 last sell for?
AED 450,702 on 31 October 2021, sold by the developer: AED 929 per sqft for 485 sqft. It is the only registered sale of the unit.
What is the rent for unit 612?
AED 35,000 a year on the contract renewed on 9 December 2025. The previous contract, from December 2024, was AED 35,000; the unit has been rented since November 2022.
How big is unit 612?
485 sqft (45.1 sqm): a studio on the 6th floor of a 8-storey tower completed in 2022.
What is unit 612 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 612, Aras Residence
Starts from the last sale price (AED 451K, 31 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 450,702
- Deposit, UAE resident (20%)
- AED 90,140
- Deposit, non-resident (40%)
- AED 180,281
- Monthly over 25 years at 3.7%
- AED 1,844
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →