Ararat Arakelyan (, born on 1 February 1984 in the Armenia), is a retired Armenian International footballer who played as either a defender or midfielder.
On 20 July 2013, Arakelyan signed a one-year contract with Gandzasar Kapan.
Arakelyan was a member of the Armenia national team, and has participated in 33 international matches and scored 2 goals since his debut in away friendly match against Kuwait on 18 March 2005.
Arakelyan is the older brother of Artashes Arakelyan.