Studio · 345 sqftMiracle Residence, Arjan · 1st floor

111, Miracle Residence

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 24 January 2023
Last soldAED 447K24 January 2023
Current rentAED 29K /yr21 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Miracle Residence

What is 111 worth today?

Last sold for AED 446,987 in 2023

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24 Jan 2023Sold by developerReady
AED 446,987AED 1,295 per sqft
21 Nov 2019RentedNew contract
AED 29,000/yr12 months · AED 90 per sqft
29 Sep 2018RentedNew contract
AED 37,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 24 January 2023.

Key facts

Type
Studio hotel apartment
Size
345 sqft
Floor
1st of 4
Parking
B-17
Service charge
AED 4,100 /yr
Last sold
AED 447K · January 2023

About 111, Miracle Residence

111 is a studio of 345 sqft on the 1st floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 24 January 2023 for AED 446,987, or AED 1,295 per sqft, in line with the AED 1,295 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 21 November 2019, is AED 29,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 4,100 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical studio in Miracle Residence
420K440K20232024202520262027Typical sale price by year: 2023 AED 420,000; 2026 AED 449,300Sold by developer, January 2023: AED 446,987 (AED 1,295 per sqft)

111 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 111, each contractTypical studio in Miracle Residence
30K40K50K2017202020232026Typical rent by year: 2017 AED 40,850; 2018 AED 40,000; 2019 AED 29,000; 2020 AED 30,958; 2024 AED 50,000; 2025 AED 45,000New contract, September 2018: AED 37,000 a yearNew contract, November 2019: AED 29,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Miracle Residence, and where 111 sits

All 36 studios →

111 last sold in January 2023 at AED 1,295 per sqft, in line with what studios in Miracle Residence were fetching at the time (AED 1,295). Over the last 12 months studios sold for AED 429,665 to 739,400, around AED 1,245 per sqft.

Recent studio salesUnit no.Price (AED)Summary
7 Jan 2026429,700
7 Jan 2026457,200
7 Jan 2026429,700
7 Jan 2026449,300
17 studio sales in the last 12 months

Miracle Residence

Building

68 apartments, studios to 2-bed over 4 floors in Arjan. 26 sold in the last 12 months.

Typical price per sqft
AED 1,245
Typical sale
AED 598K
Typical rent
Few contracts
Typical yield
Miracle Residence, Arjan: prices, sales and rents →

Other units on the 1st floor

All 68 units in Miracle Residence
Value
1012-bedAED 2.04M · Aug 2025
1021-bedAED 625K · Apr 2023
1031-bedAED 591K · Apr 2023
1041-bedAED 605K · Apr 2023
105StudioAED 285K · Apr 2023
1061-bedAED 820K · Apr 2023
107StudioAED 400K · Sep 2023
1–7 of 16

111, Miracle Residence in numbers

  • Sold once: by the developer on 24 January 2023 for AED 446,987, or AED 1,295 per sqft.
  • Rented since September 2018 on 2 Ejari contracts, from AED 37,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 4,100 a year (AED 12.00 per sqft).
  • Studios in Miracle Residence sold for AED 429,665–739,400 in the 12 months to November 2026; the building's median across all types is AED 1,245 per sqft.

Source: Dubai Land Department. Updated 24 January 2023.

Questions about 111, Miracle Residence

What did unit 111 last sell for?

AED 446,987 on 24 January 2023, sold by the developer: AED 1,295 per sqft for 345 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 29,000 a year on the contract signed on 21 November 2019. The previous contract, from September 2018, was AED 37,000.

How big is unit 111?

345 sqft (32.1 sqm): a studio on the 1st floor of a 4-storey tower.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Miracle Residence sold for AED 429,665 to 739,400 in the last 12 months, around AED 1,245 per sqft.

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Mortgage on 111, Miracle Residence

Starts from the last sale price (AED 447K, 24 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 446,987
Deposit, UAE resident (20%)
AED 89,397
Deposit, non-resident (40%)
AED 178,795
Monthly over 25 years at 3.7%
AED 1,829

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →