2-bed · 1,176 sqftAras Residence, Majan · 2nd floor · completed 2022

201, Aras Residence

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1M19 December 2021
Current rentAED 84K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Aras Residence

What is 201 worth today?

Last sold for AED 1,000,000 in 2021

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15 Mar 2025RentedRenewal
AED 84,000/yr12 months · AED 72 per sqft
15 Mar 2024RentedNew contract
AED 84,000/yr12 months · AED 72 per sqft
15 Mar 2023RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
19 Dec 2021Sold by developerOff-plan
AED 1,000,000AED 850 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
2-bed apartment
Size
1,176 sqft
Floor
2nd of 8
Parking
G-15
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 1M · December 2021

About 201, Aras Residence

201 is a two-bedroom apartment of 1,176 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 19 December 2021 for AED 1,000,000, or AED 850 per sqft, in line with the AED 832 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 84,000 a year: a gross yield of 8.4% on the 2021 price.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Aras Residence
1M1.03M1.05M202120222023Typical sale price by year: 2021 AED 999,300; 2022 AED 1,050,000Sold by developer, December 2021: AED 1,000,000 (AED 850 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in Aras Residence
70K80K20222023202420252026Typical rent by year: 2022 AED 65,000; 2023 AED 65,000; 2024 AED 70,000; 2025 AED 79,500New contract, March 2023: AED 70,000 a yearNew contract, March 2024: AED 84,000 a yearRenewal, March 2025: AED 84,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Aras Residence, and where 201 sits

All 14 2-beds →

201 last sold in December 2021 at AED 850 per sqft, in line with what two-beds in Aras Residence were fetching at the time (AED 832). Over the last 12 months two-beds sold for AED 1,100,000 to 1,335,000, around AED 1,035 per sqft, and rent for AED 78,750 to 95,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jan 20261,100,000
17 Dec 20241,175,000
10 Oct 2024950,000
1 Nov 20221,390,000
2 2-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 . 5 sold in the last 12 months.

Typical price per sqft
AED 1,043
Typical sale
AED 1.04M
Typical rent
AED 49K /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
2022-bedAED 740K · Dec 2021
203StudioAED 325K · Jul 2021
2041-bedAED 700K · Jun 2022
205StudioAED 410K · Nov 2021
206StudioAED 370K · Oct 2021
2071-bedAED 665K · Jul 2022
2081-bedAED 690K · Feb 2022
1–7 of 13

201, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 19 December 2021 for AED 1,000,000, or AED 850 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 70,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2021 price is 8.4%.
  • Two-beds in Aras Residence sold for AED 1,100,000–1,335,000 in the 12 months to November 2026; the building's median across all types is AED 1,043 per sqft.

Source: Dubai Land Department. Updated 15 March 2025.

Questions about 201, Aras Residence

What did unit 201 last sell for?

AED 1,000,000 on 19 December 2021, sold by the developer: AED 850 per sqft for 1,176 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 84,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 84,000; the unit has been rented since March 2023.

How big is unit 201?

1,176 sqft (109.3 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2022.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Aras Residence sold for AED 1,100,000 to 1,335,000 in the last 12 months, around AED 1,035 per sqft.

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Mortgage on 201, Aras Residence

Starts from the last sale price (AED 1M, 19 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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