2-bed · 1,176 sqftAras Residence, Majan · 6th floor · completed 2022

601, Aras Residence

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 2 June 2022
Last soldAED 1.08M2 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Aras Residence

What is 601 worth today?

Last sold for AED 1,075,000 in 2022

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2 Jun 2022Sold by developerOff-plan
AED 1,075,000AED 914 per sqft

Source: Dubai Land Department. Updated 2 June 2022.

Key facts

Type
2-bed apartment
Size
1,176 sqft
Floor
6th of 8
Parking
G-07
Developer
ARAS Real Estate Development
Completed
2022
Last sold
AED 1.08M · June 2022

About 601, Aras Residence

601 is a two-bedroom apartment of 1,176 sqft on the 6th floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development. The developer sold it on 2 June 2022 for AED 1,075,000, or AED 914 per sqft, 12% above the AED 817 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Aras Residence
1M1.05M202120222023Typical sale price by year: 2021 AED 999,300; 2022 AED 1,050,000Sold by developer, June 2022: AED 1,075,000 (AED 914 per sqft)

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

Rents
Unit 601, 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 79,500

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 601 sits

All 14 2-beds →

601 last sold in June 2022 at AED 914 per sqft, 12% above what two-beds in Aras Residence were fetching at the time (AED 817). 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 6th floor

All 96 units in Aras Residence
Value
602AED 435K · Aug 2025
603StudioAED 432K · Sep 2021
6041-bedAED 725K · Apr 2022
605StudioAED 462K · Oct 2021
606StudioAED 450K · Dec 2025
6071-bedAED 850K · Mar 2025
6081-bedAED 763K · Nov 2021
1–7 of 13

601, Aras Residence in numbers

  • Sold once: by ARAS Real Estate Development on 2 June 2022 for AED 1,075,000, or AED 914 per sqft.
  • 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 2 June 2022.

Questions about 601, Aras Residence

What did unit 601 last sell for?

AED 1,075,000 on 2 June 2022, sold by the developer: AED 914 per sqft for 1,176 sqft. It is the only registered sale of the unit.

How big is unit 601?

1,176 sqft (109.3 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2022.

What is unit 601 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 601, Aras Residence

Starts from the last sale price (AED 1.08M, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

Plus AED 50,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →