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In 1935 a football team was established in Yerevan by Spartak sports society. The first time the team participated in the competitions of the national level. The first trophy of the club was the Cup of the Armenian SSR in 1940. At that time the team was already named "Dinamo". In the next 4 years soccer was not played because of World War II.
In 1944 games of USSR Cup were resumed, and Dinamo participated. A match was set up with their main rivals, fellow FC Dinamo Tbilisi. However, the match was not played through the fault of Yerevan. In 1947 the team becomes silver medalist in the second league of the Transcaucasian region. The team finished just one point behind the ODL from Tbilisi. In this championship, Dinamo, in a home match against Tbilisi Wings of the Soviets, showed the best result at the time, beating them by the score 7:1. In Season 1948 "Dinamo" was to start in the first group (the Premier League at the time), but after 30 games along with 15 other clubs had been withdrawn. All 16 clubs have continued to participate in the league below. Dinamo have spent the next season in the second group, improved their performance and won the competition in the South Zone. The team won 13 matches out of 18. However, the first place in the zonal group did not guarantee promotion. According to the regulations of the USSR Championship, the winners of zones in the second league should have played each other in the final stage. At this stage, 6 teams participated. Games between the teams went into a circle. After 5 games Dinamo has settled on the third place, which ensured the club a place in the first group.
In 1949 at Dinamo participated for the first time in the Major League Soviet Union. The team performed poorly, finishing 12th. In the first two rounds the team lost, but in the 3rd round victory was recorded in a home game against the Air Force (Moscow). To beat the team was able representatives of the second half of the table, and twice on the road. There were 3 major defeat: the double-0:6 from Moscow Lokomotiv and CDKA, and once 1:6 - from Tbilisi "Dynamo". However, despite the poor performance, the club remained in the top league for next season, as the latter two dropped out of the club, ranked 17th and 18th place in the standings.Cup battles ended at the first stage, against the Dynamo "from Stalinabad. In 1950 season, Dynamo began to act more liberated. The first lesion was detected only in the fourth round of the Leningrad "Zenith". The team scored 31 points with team-mates from Kiev, but on goal difference in the Class "B" sunk Yerevan Dinamo. In the USSR Cup team started with a 1 / 128 final. Having weak rivals in 1/16-oy stumbled on rivals in the face Dynamo Kiev. In the hard game, which was held in Kiev, Dinamo Yerevan celebrated victory 3:2. In 1 / 8 final meeting with "Dynamo," Moscow and lost with a score of 0:7.
In 1960-1963 1966-1991 s team participated in the major leagues championshipSoviet Union. In 1973 in "Ararat" became the champion and winner of USSR Cup. In 1971 1976 (Spring) years became a silver medalist championship, and in 1975 have once again won the USSR Cup.
Entire team participated in 33 USSR championships (in the class best teams), had 1,026 matches, of which won 352, drew 280, lost 394, scored 1150 goals conceded - 1306. By 1975 the team participated in the lottery three European Cups. In the last USSR Championship in 1991, the team took seventh place.
By 1945-1947, Ararat swept the Armenian SSR cup which promoted the club into the Soviet Top League by 1949. The team played in the top league in 1949-1950, 1960–1963, and 1965-1991. In 1971, Ararat won Silver Prize in the Championships of the USSR. In 1973 won the championship of the Soviet Union and the Soviet Cup (in a memorable final game against Dynamo Kyiv). This feat was repeated in the Soviet Cup again in 1975. In 1971 and 1976 Spring (there were two Soviet championships in 1976—Spring and Fall) they were the league runners-up. In 1974-75, after their title in the Soviet league, Ararat played in the European Cup, reaching the quarterfinals, losing to defending and future champion Bayern Munich with a 2-1 aggregate (0-2 in Munich and 1-0 in Yerevan). Since their debut in the European Cup tournaments in 1972, they have won 16 of their 36 matches with 4 draws.
Since the 1991 dissolution of Soviet Union, Ararat has attained the Armenian Championship only once in 1993 and won four silver prizes (1997, 1999, 2000 and 2008) and one bronze prize (1994). In addition, the club has won the Armenian Cup five times (1993, 1994, 1995, 1997 and 2008) and were finalists in 2001 and 2007. They also were very close to taking the Armenian title in 2007, however the unexpected resignation of head coach Varuzhan Sukiasyan changed the atmosphere on the team and the club ended up in fourth place. In March 2008, former coach Varuzhan Sukiasyan returned to take charge of the team again. After failing to take the title from Pyunik in 2008, Varuzhan Sukiasyan left the club.
The club's training facilities are located in Dzoraghbyur village at the outskirts of Yerevan.