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2-bed · 1,305 sqftAras Heights, Majan · 7th floor · completed 2023

701, Aras Heights

Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 4 August 2024
Last soldAED 1.33M4 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, Aras Heights

What is 701 worth today?

Last sold for AED 1,330,000 in 2024

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4 Aug 2024Sold by developerOff-plan
AED 1,330,000AED 1,019 per sqft

Source: Dubai Land Department. Updated 4 August 2024.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
7th of 9
Parking
1
Developer
ARAS Real Estate Development
Completed
2023
Last sold
AED 1.33M · August 2024
Building
Aras Heights

About 701, Aras Heights

701 is a two-bedroom apartment of 1,305 sqft on the 7th floor of Aras Heights, a 9-storey tower in Majan completed in 2023 by ARAS Real Estate Development . The developer sold it on 4 August 2024 for AED 1,330,000, or AED 1,019 per sqft, 4% above the AED 976 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Aras Heights, and where 701 sits

All 39 2-beds →

701 last sold in August 2024 at AED 1,019 per sqft, 4% above what two-beds in Aras Heights were fetching at the time (AED 976). Over the last 12 months two-beds sold for AED 1,400,000, around AED 1,045 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Feb 20261,400,000
1 Nov 20241,363,000
17 Sep 20241,377,500
2 Sep 20241,275,000
1 2-bed sale in the last 12 months

Aras Heights

Building

67 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
Aras Heights, Majan: prices, sales and rents →

Other units on the 7th floor

All 67 units in Aras Heights
Value
7022-bedAED 1.24M · Mar 2024
7032-bedAED 1.23M · Jul 2024
7042-bedAED 1.25M · May 2024
705StudioAED 600K · Feb 2024
7062-bedAED 1.29M · Apr 2024
7071-bedAED 885K · Dec 2024
7081-bedAED 920K · Jan 2024
1–7 of 8

701, Aras Heights in numbers

  • Sold once: by ARAS Real Estate Development on 4 August 2024 for AED 1,330,000, or AED 1,019 per sqft.
  • Two-beds in Aras Heights sold for AED 1,400,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,045 per sqft.

Source: Dubai Land Department. Updated 4 August 2024.

Questions about 701, Aras Heights

What did unit 701 last sell for?

AED 1,330,000 on 4 August 2024, sold by the developer: AED 1,019 per sqft for 1,305 sqft. It is the only registered sale of the unit.

How big is unit 701?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2023.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Aras Heights sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 1,045 per sqft.

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Mortgage on 701, Aras Heights

Starts from the last sale price (AED 1.33M, 4 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

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