709, Aras Residence
Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Aras Residence
What is 709 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 818 sqft
- Floor
- 7th of 8
- Parking
- P2-26
- Developer
- ARAS Real Estate Development
- Completed
- 2022
- Last sold
- AED 718K · April 2022
- Building
- Aras Residence
About 709, Aras Residence
709 is a one-bedroom apartment of 818 sqft on the 7th floor of Aras Residence, a 8-storey tower in Majan completed in 2022 by ARAS Real Estate Development . The developer sold it on 29 April 2022 for AED 717,750, or AED 877 per sqft, 6% above the AED 831 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 15 February 2025, is AED 65,000 a year: a gross yield of 9.1% on the 2022 price.
Sales and rents for 709 over time
709 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 709 sits
All 38 1-beds →709 last sold in April 2022 at AED 877 per sqft, 6% above what one-beds in Aras Residence were fetching at the time (AED 831). 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. 709's AED 65,000 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 7th floor
All 96 units in Aras Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,176 sqft | AED 1.1MAED 1,100,000 · Jan 2026January 2026 | 60,000 /yr | |
| 702 | 2-bed | 1,181 sqft | AED 1.18MAED 1,175,000 · Dec 2024December 2024 | ||
| 703 | Studio | 431 sqft | AED 410KAED 410,020 · Oct 2021October 2021 | 40,000 /yr | |
| 704 | 1-bed | 857 sqft | AED 860KAED 860,000 · Jan 2025January 2025 | 51,700 /yr | |
| 705 | Studio | 474 sqft | AED 462KAED 461,800 · Sep 2021September 2021 | 50,000 /yr | |
| 706 | Studio | 431 sqft | AED 620KAED 620,000 · Oct 2024October 2024 | ||
| 707 | 1-bed | 846 sqft | AED 725KAED 725,000 · Mar 2022March 2022 | ||
| 708 | 1-bed | 769 sqft | AED 763KAED 763,300 · Nov 2021November 2021 | ||
| 710 | Studio | 434 sqft | AED 390KAED 390,000 · Oct 2021October 2021 | 32,736 /yr | |
| 711 | Studio | 457 sqft | AED 410KAED 410,000 · Feb 2022February 2022 | 34,500 /yr | |
| 712 | Studio | 485 sqft | AED 460KAED 459,900 · Nov 2021November 2021 | ||
| 713 | 1-bed | 1,117 sqft | AED 775KAED 775,000 · Feb 2022February 2022 | 55,000 /yr | |
| 714 | 1-bed | 1,012 sqft | AED 681KAED 681,150 · Feb 2022February 2022 | 55,000 /yr |
709, Aras Residence in numbers
- Sold once: by ARAS Real Estate Development on 29 April 2022 for AED 717,750, or AED 877 per sqft.
- Rented since November 2023 on 2 Ejari contracts, from AED 60,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 9.1%.
- 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 15 February 2025.
Questions about 709, Aras Residence
What did unit 709 last sell for?
AED 717,750 on 29 April 2022, sold by the developer: AED 877 per sqft for 818 sqft. It is the only registered sale of the unit.
What is the rent for unit 709?
AED 65,000 a year on the contract signed on 15 February 2025. The previous contract, from November 2023, was AED 60,000.
How big is unit 709?
818 sqft (76.0 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2022.
What is unit 709 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 709, Aras Residence
Starts from the last sale price (AED 718K, 29 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 717,750
- Deposit, UAE resident (20%)
- AED 143,550
- Deposit, non-resident (40%)
- AED 287,100
- Monthly over 25 years at 3.7%
- AED 2,937
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →