212, Aras Residence
Sold prices and rental history: sold once, by the developer in November 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 212, Aras Residence
What is 212 worth today?
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Source: Dubai Land Department. Updated 5 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 485 sqft
- Floor
- 2nd of 8
- Parking
- P2-38
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 405K · November 2021
- Building
- Aras Residence
About 212, Aras Residence
212 is a studio of 485 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 29 November 2021 for AED 405,000, or AED 835 per sqft, 11% below the AED 941 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 5 October 2025, is AED 31,900 a year: a gross yield of 7.9% on the 2021 price.
Sales and rents for 212 over time
212 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 212 sits
All 36 studios →212 last sold in November 2021 at AED 835 per sqft, 11% below what studios in Aras Residence were fetching at the time (AED 941). Over the last 12 months studios sold for AED 450,000 to 475,000, around AED 1,035 per sqft, and rent for AED 33,000 to 48,000 a year. 212's AED 31,900 is at the bottom 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 | ||
| 3 Jul 20253 July 2025 | 431 sqft | 485,000 | 1,125 | ||
| 28 May 202528 May 2025 | 457 sqft | 500,000 | 1,095 |
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 | |
| 204 | 1-bed | 857 sqft | AED 700KAED 699,999 · Jun 2022June 2022 | 60,000 /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 | |
| 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 |
212, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 29 November 2021 for AED 405,000, or AED 835 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 28,000 to AED 31,900 a year.
- At AED 31,900 a year the gross yield on the 2021 price is 7.9%.
- 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 1,043 per sqft.
Source: Dubai Land Department. Updated 5 October 2025.
Questions about 212, Aras Residence
What did unit 212 last sell for?
AED 405,000 on 29 November 2021, sold by the developer: AED 835 per sqft for 485 sqft. It is the only registered sale of the unit.
What is the rent for unit 212?
AED 31,900 a year on the contract renewed on 5 October 2025. The previous contract, from October 2024, was AED 28,000; the unit has been rented since October 2022.
How big is unit 212?
485 sqft (45.1 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2022.
What is unit 212 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 212, Aras Residence
Starts from the last sale price (AED 405K, 29 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 405,000
- Deposit, UAE resident (20%)
- AED 81,000
- Deposit, non-resident (40%)
- AED 162,000
- Monthly over 25 years at 3.7%
- AED 1,657
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →