1-bed · 1,012 sqftAras Residence, Majan · 2nd floor · completed 2022

214, Aras Residence

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 754K14 July 2021
Current rentAED 75K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Aras Residence

What is 214 worth today?

Last sold for AED 754,000 in 2021

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22 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 74 per sqft
15 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 69 per sqft
27 Dec 2022RentedNew contract
AED 62,000/yr12 months · AED 61 per sqft
14 Jul 2021Sold by developerOff-plan
AED 754,000AED 744 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
1-bed apartment
Size
1,012 sqft
Floor
2nd of 8
Parking
P1-18
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 754K · July 2021

About 214, Aras Residence

214 is a one-bedroom apartment of 1,012 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 14 July 2021 for AED 754,000, or AED 744 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 22 January 2025, is AED 75,000 a year: a gross yield of 10.0% on the 2021 price.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical one-bed in Aras Residence
800K202120232025Typical sale price by year: 2021 AED 754,000; 2022 AED 725,000; 2023 AED 750,000; 2025 AED 860,000Sold by developer, July 2021: AED 754,000 (AED 744 per sqft)

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

Rents
Unit 214, each contractTypical one-bed in Aras Residence
60K20222023202420252026Typical rent by year: 2022 AED 50,000; 2023 AED 50,000; 2024 AED 60,000; 2025 AED 63,500New contract, December 2022: AED 62,000 a yearNew contract, January 2024: AED 70,000 a yearNew contract, January 2025: AED 75,000 a year

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 214 sits

All 38 1-beds →

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. 214's AED 75,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20261,035,000
2 Jun 2025860,000
27 Mar 2025680,000
25 Mar 2025899,999
1 1-bed sale 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
2012-bedAED 1M · Dec 2021
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
1–7 of 13

214, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 14 July 2021 for AED 754,000, or AED 744 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, from AED 62,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 10.0%.
  • 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 22 January 2025.

Questions about 214, Aras Residence

What did unit 214 last sell for?

AED 754,000 on 14 July 2021, sold by the developer: AED 744 per sqft for 1,012 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 75,000 a year on the contract signed on 22 January 2025. The previous contract, from January 2024, was AED 70,000; the unit has been rented since December 2022.

How big is unit 214?

1,012 sqft (94.0 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2022.

What is unit 214 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 214, Aras Residence

Starts from the last sale price (AED 754K, 14 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 754,000
Deposit, UAE resident (20%)
AED 150,800
Deposit, non-resident (40%)
AED 301,600
Monthly over 25 years at 3.7%
AED 3,085

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