New homes in Aras Heights start at AED 860,000; the keys were due Dec 2024; you pay 20% to book, 20% while it is built and 60% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 618 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Majan. Their median price is AED 1,636 per sq ft (about AED 694,000 at 424 sq ft). This project's from price is AED 2,028 per sq ft (AED 860,000 for its smallest home, 424 sq ft), 24% more.
Keys
Dec 2024
The developer's handover date. It has passed and may be out of date, so ask us for the current one.
Payment plan
20 / 20 / 60
20% to book, 20% while it is built, 60% at the keys
Bedrooms
Studio to 3 beds
Sizes
424 to 2,290 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 2,028 per sq ft
Similar off-plan homes: AED 1,636 per sq ft
RERA project
2652
Check it in Dubai REST, the Dubai Land Department's official app.
Built
91%
Being built. DLD register, Jun 12, 2026
Completion on the register
Dec 2023
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
المصرف العربي للاستثمار والتجارة الخارجية المصرف (مساهمة عامة)
The bank that holds your payments
Registered homes
73
In 1 buildings
Paying for it
You pay 20% when you book, 20% as the building goes up, and 60% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
20%
AED 172,000
As it is built
While it is built
20%
AED 172,000
At the keys (Dec 2024)
Keys
60%
AED 516,000
Booking payment, 20%
AED 172,000
Dubai Land Department fee (Oqood), 4%
AED 34,400
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 206,400
The handover date (Dec 2024) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Buildings in this area paid a median of AED 16 per sq ft a year in 2023, from 4 buildings on the Dubai Land Department register. For the smallest home (424 sq ft) that is about AED 7,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 618 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Majan, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in ARAS HEIGHTS sold in 24 months, so we compare with off-plan sales across Majan.
Dubai Land Department recorded 618 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Majan, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,636 per sq ft
AED 931 to AED 1,104 per sq ft
50 sales
AED 1,104 to AED 1,276 per sq ft
46 sales
AED 1,276 to AED 1,448 per sq ft
103 sales
AED 1,448 to AED 1,621 per sq ft
88 sales
AED 1,621 to AED 1,793 per sq ft
126 sales
AED 1,793 to AED 1,965 per sq ft
118 sales
AED 1,965 to AED 2,138 per sq ft
83 sales
This project's from price is in this band.
AED 2,138 to AED 2,310 per sq ft
4 sales
AED 931 per sq ftAED 2,310 per sq ft
This project AED 2,028 per sq ft
Half of the sales sold for AED 1,388 to AED 1,854 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 931 to AED 1,104 per sq ft
50
AED 1,104 to AED 1,276 per sq ft
46
AED 1,276 to AED 1,448 per sq ft
103
AED 1,448 to AED 1,621 per sq ft
88
AED 1,621 to AED 1,793 per sq ft
126
AED 1,793 to AED 1,965 per sq ft
118
AED 1,965 to AED 2,138 per sq ft
83
AED 2,138 to AED 2,310 per sq ft
4
The 3 closest sales
Picked from the 618 similar sales above, closest in size to this project's smallest home.
Jan 2026AED 690,000AED 1,628 per sq ftARAS HEIGHTS, 424 sq ft
Jul 2026AED 740,255AED 1,742 per sq ftDivine Al Barari, 425 sq ft
Apr 2026AED 726,992AED 1,711 per sq ftDivine Al Barari, 425 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Majan in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 860,000 here
Off-plan medianAED 693,000AED 1,823 per sq ft
Sales3,438
24% above 618 similar sales
1-bed apartment
Off-plan medianAED 1,144,000AED 1,452 per sq ft
Sales1,639
2-bed apartment
Off-plan medianAED 1,653,000AED 1,295 per sq ft
Sales714
3-bed apartment
Off-plan medianAED 2,291,000AED 1,187 per sq ft
Sales182
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
5.2%
Typical for similar ready homes
8.8%
Median rent of studio apartments in Majan
AED 45,000 a year
Rent contracts counted
296
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 45,000 a year
1-bed apartment
AED 68,000 a year
2-bed apartment
AED 90,000 a year
3-bed apartment
AED 129,231 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 45,000 ÷ AED 860,000 = 5.2%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Kent College5.6 km, 21 min driveSchool
GEMS International School, Al Khail7.1 km, 20 min driveIB school
Indian International School6.5 km, 13 min driveIndian school
Aras Heights is a 73-unit freehold building by Aras Development in Majan with studios to three-bedroom smart homes from AED 860,000 and a listed handover of December 2024, which has passed and may be out of date. Its from price is about 24% above 618 similar studio sales in Majan (12 months to October 2026).
The listed handover is December 2024, which has passed, so it may be out of date. Ask Aras Development for the completion certificate and when handover will take place. Ask when the 20% construction payment falls due.
The from price is about 24% above 618 similar studio sales in Majan (12 months to October 2026). Those sales are across the area, not only in this building. Ask which unit and floor the from price applies to before you compare.
The plan is listed as 20% on booking, 20% during construction and 60% at handover. At the from price that is AED 172,000, AED 172,000 and AED 516,000. Separately, the 4% DLD fee comes to AED 34,400; ask when it is due. The developer also describes a four-step plan of 20, 20, 12 and 48%, so get the schedule in writing.
The building is listed as 2B+G+9: two basements, a ground floor and nine upper floors. Studios are about 424 sq ft, one-bedroom homes 988 sq ft, two-bedroom homes 1,305 sq ft and three-bedroom homes 2,290 sq ft. Homes have smart controls for lights and climate by voice or phone, and common areas have backup power. A medical and physiotherapy centre is about 420 m away. Kent College is about 5.6 km away (21 minutes' drive) and Garmin Metro Station (formerly Onpassive, Noor Bank, Al Safa) about 11.4 km (20 minutes), by our estimate.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
Studio
How prices moved
Median price of studio apartments in Majan, over the 12 months to each dateUp 14% from Dec 2024 to Sep 2026.
Dec 2024AED 1,596 per sq ft
Sep 2026AED 1,823 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,823 per sq ft
3,438 sales
Jun 2026
AED 1,838 per sq ft
3,178 sales
Mar 2026
AED 1,855 per sq ft
2,456 sales
Dec 2025
AED 1,850 per sq ft
1,930 sales
Sep 2025
AED 1,642 per sq ft
893 sales
Jun 2025
AED 1,671 per sq ft
646 sales
Mar 2025
AED 1,625 per sq ft
835 sales
Dec 2024
AED 1,596 per sq ft
894 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Can foreigners buy here?
Yes, it's in a freehold area, so foreign buyers can own outright. The developer is Aras Development.
When is handover?
The listed handover is December 2024, which has passed, so it may be out of date; ask the developer. Ask for the completion certificate before you pay.
How does the from price compare with other sales?
It is about 24% above 618 similar studio sales in Majan (12 months to October 2026).
What is the payment plan?
The listing shows 20% on booking, 20% during construction and 60% at handover, but a four-step plan of 20, 20, 12 and 48% is also described. Confirm the schedule in your sale agreement.
How large is the building?
73 homes in a 2B+G+9 building, from 424 sq ft studios to 2,290 sq ft three-bedroom units.
How far is the metro?
Garmin Metro Station (formerly Onpassive, Noor Bank, Al Safa) is about 11.4 km away, around 20 minutes by car.
