508, Aras Heights
Sold prices and rental history: sold once, by the developer in February 2024, 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 508, Aras Heights
What is 508 worth today?
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Source: Dubai Land Department. Updated 21 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- ARAS Real Estate Development
- Completed
- 2023
- Last sold
- AED 770K · February 2024
- Building
- Aras Heights
About 508, Aras Heights
508 is a one-bedroom apartment of 832 sqft on the 5th floor of Aras Heights, a 9-storey tower in Majan completed in 2023 by ARAS Real Estate Development . The developer sold it on 21 February 2024 for AED 770,000, or AED 925 per sqft, in line with the AED 925 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
1-beds in Aras Heights, and where 508 sits
All 13 1-beds →508 last sold in February 2024 at AED 925 per sqft, in line with what one-beds in Aras Heights were fetching at the time (AED 925).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Dec 20246 December 2024 | 988 sqft | 885,000 | 895 | ||
| 6 Dec 20246 December 2024 | 988 sqft | 875,000 | 885 | ||
| 5 Aug 20245 August 2024 | 832 sqft | 940,000 | 1,130 | ||
| 1 Aug 20241 August 2024 | 832 sqft | 940,000 | 1,130 |
Aras Heights
Building67 apartments, studios to 3-bed over 9 floors in Majan, completed in 2023 by ARAS Real Estate Development . 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,045
- Typical sale
- AED 1.4M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 67 units in Aras Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,305 sqft | AED 1.2MAED 1,199,700 · Mar 2024March 2024 | ||
| 502 | 2-bed | 1,339 sqft | AED 1.22MAED 1,218,300 · Apr 2024April 2024 | ||
| 503 | 2-bed | 1,223 sqft | AED 1.29MAED 1,290,000 · May 2024May 2024 | ||
| 504 | 2-bed | 1,228 sqft | AED 1.29MAED 1,290,000 · May 2024May 2024 | ||
| 505 | Studio | 424 sqft | AED 660KAED 660,000 · May 2024May 2024 | ||
| 506 | 2-bed | 1,480 sqft | AED 1.29MAED 1,290,000 · Jul 2024July 2024 | ||
| 509 | Studio | 506 sqft | AED 630KAED 630,000 · Jun 2024June 2024 |
508, Aras Heights in numbers
- Sold once: by ARAS Real Estate Development on 21 February 2024 for AED 770,000, or AED 925 per sqft.
Source: Dubai Land Department. Updated 21 February 2024.
Questions about 508, Aras Heights
What did unit 508 last sell for?
AED 770,000 on 21 February 2024, sold by the developer: AED 925 per sqft for 832 sqft. It is the only registered sale of the unit.
How big is unit 508?
832 sqft (77.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2023.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 508, Aras Heights
Starts from the last sale price (AED 770K, 21 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →