Aras Heights by Aras Development in Majan, Dubai

About "Aras Heights"

Find your dream home among the best Studio, 1BR, 2BR, 3BR apartments in Aras Heights by Aras Development. Located in Majan, Dubai. Prices are starting from AED 1.20m.

"ARAS Heights" in Dubai represents modern and intelligent urban living. Developed by ARAS, this project combines luxury with cutting-edge smart home technology, focusing on comfort and efficiency. The residences are meticulously designed to integrate advanced features, ensuring a convenient and sophisticated lifestyle. Emphasizing a green living environment, ARAS Heights offers a harmonious blend of nature and modern architecture, creating an innovative and luxurious living experience in the heart of Dubai.

Ownership
Freehold
Developer
Aras Development
Location
Majan, Dubai
Estimated completion
Q4 / 2024
Anticipated service fees (per sqft)
AED 10.00 - 12.00
Short-term rental allowed
Yes
Has appliances
Yes
Building structure
2B+G+9+R

^[1] Prices are indicative and subject to change

^[2] Expected annual gross ROI for long-term rental (excludes any additional costs). This is what you will usually be communicated from others. The number is calculated by dividing the expected annual rental income by the purchase price. We derive the number for the annual rent from publically provided data by the Dubai Land Department.

^[3] Expected annual net ROI for long-term rental (includes average expected service charges and 4% DLD fee in additional costs). Numbers based on rental contracts from past 90 days for comparable units in Majan. Data is publically provided by the Dubai Land Department and updated daily.

About the developer

Aras Development

ARAS Development, a prominent developer in Dubai, is known for its groundbreaking projects in residential, retail, and leisure sectors. These developments are key in realizing Dubai's visionary goals and transforming the real estate landscape. With over seven years of experience in residential real estate, ARAS has a deep understanding of homeowners' and global investors' needs, focusing on optimizing returns through financial expertise.

The company is led by CEO Aschraf Mahmud, who moved from Germany to Dubai in 2015. Mahmud, a University of Bonn graduate in Business Administration, has a background as a branch manager of a supermarket franchise in Germany. Since relocating, he has established multiple businesses in diverse niches, including real estate, cryptocurrency, importing, and exporting. His firm, Aras Group, offers comprehensive real estate services, helping clients acquire properties even with limited funds.

Amenities

Smart home

Balcony

Rooftop infinity pool

BBQ area

Gym

About the area

Majan

Majan, in Dubai, is an emerging, affordable residential area ideal for families and professionals. It's adjacent to the area Al Barari, which known for its lush, natural environment. Majan blends homes with commercial spaces, offering easy access to essentials like supermarkets and healthcare. The community is under development, promising growth and investment potential. It's not yet served by public transport, so a car is needed. Majan includes low to mid-rise buildings with various apartment sizes. Residents enjoy facilities like pools and gyms, with more amenities expected as the area develops.

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