204, Aras Residence
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Aras Residence
What is 204 worth today?
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Source: Dubai Land Department. Updated 24 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 2nd of 8
- Parking
- P1-01
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 700K · June 2022
- Building
- Aras Residence
About 204, Aras Residence
204 is a one-bedroom apartment of 857 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 1 June 2022 for AED 699,999, or AED 816 per sqft, in line with the AED 827 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 24 August 2025, is AED 60,000 a year: a gross yield of 8.6% on the 2022 price.
Sales and rents for 204 over time
204 has sold once; the dashed line is the one-bed median of each year in the building.
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 204 sits
All 38 1-beds →204 last sold in June 2022 at AED 816 per sqft, in line with what one-beds in Aras Residence were fetching at the time (AED 827). Over the last 12 months one-beds sold for AED 1,035,000, around AED 1,345 per sqft, and rent for AED 50,000 to 70,000 a year. 204's AED 60,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 769 sqft | 1,035,000 | 1,345 | ||
| 2 Jun 20252 June 2025 | 857 sqft | 860,000 | 1,003 | ||
| 27 Mar 202527 March 2025 | 769 sqft | 680,000 | 884 | ||
| 25 Mar 202525 March 2025 | 1,117 sqft | 899,999 | 805 |
Aras Residence
Building96 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%
Other units on the 2nd floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,176 sqft | AED 1MAED 1,000,000 · Dec 2021December 2021 | 84,000 /yr | |
| 202 | 2-bed | 1,181 sqft | AED 740KAED 739,760 · Dec 2021December 2021 | 95,000 /yr | |
| 203 | Studio | 431 sqft | AED 325KAED 325,000 · Jul 2021July 2021 | 45,000 /yr | |
| 205 | Studio | 474 sqft | AED 410KAED 410,136 · Nov 2021November 2021 | 46,000 /yr | |
| 206 | Studio | 431 sqft | AED 370KAED 370,000 · Oct 2021October 2021 | ||
| 207 | 1-bed | 846 sqft | AED 665KAED 664,999 · Jul 2022July 2022 | 62,000 /yr | |
| 208 | 1-bed | 769 sqft | AED 690KAED 689,670 · Feb 2022February 2022 | 65,000 /yr | |
| 209 | 818 sqft | AED 1.05MAED 1,050,000 · Oct 2025October 2025 | 75,000 /yr | ||
| 210 | Studio | 434 sqft | AED 392KAED 392,000 · Jul 2021July 2021 | 33,000 /yr | |
| 211 | Studio | 457 sqft | AED 500KAED 500,000 · May 2025May 2025 | 50,000 /yr | |
| 212 | Studio | 485 sqft | AED 405KAED 405,000 · Nov 2021November 2021 | 31,900 /yr | |
| 213 | 1-bed | 1,117 sqft | AED 779KAED 778,500 · Mar 2022March 2022 | ||
| 214 | 1-bed | 1,012 sqft | AED 754KAED 754,000 · Jul 2021July 2021 | 75,000 /yr |
204, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 1 June 2022 for AED 699,999, or AED 816 per sqft.
- Rented since August 2024 on 2 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 8.6%.
- One-beds in Aras Residence sold for AED 1,035,000–1,035,000 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 24 August 2025.
Questions about 204, Aras Residence
What did unit 204 last sell for?
AED 699,999 on 1 June 2022, sold by the developer: AED 816 per sqft for 857 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 60,000 a year on the contract renewed on 24 August 2025. The previous contract, from August 2024, was AED 60,000.
How big is unit 204?
857 sqft (79.6 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2022.
What is unit 204 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 1,035,000 to 1,035,000 in the last 12 months, around AED 1,345 per sqft.
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Mortgage on 204, Aras Residence
Starts from the last sale price (AED 700K, 1 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 699,999
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →