Studio · 584 sqftMiracle Residence, Arjan · 1st floor

113, Miracle Residence

Sold prices and rental history: sold once, by the developer in April 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 619K13 April 2023
Current rentAED 58K /yr4 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Miracle Residence

What is 113 worth today?

Last sold for AED 619,413 in 2023

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4 Nov 2024RentedNew contract
AED 58,000/yr12 months · AED 99 per sqft
13 Apr 2023Sold by developerReady
AED 619,413AED 1,059 per sqft
1 Nov 2019RentedRenewal
AED 40,000/yr12 months · AED 70 per sqft
1 Nov 2018RentedRenewal
AED 42,000/yr12 months · AED 74 per sqft
1 Nov 2017RentedNew contract
AED 46,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
Studio hotel apartment
Size
584 sqft
Floor
1st of 4
Parking
B-19
Service charge
AED 7,000 /yr
Last sold
AED 619K · April 2023

About 113, Miracle Residence

113 is a studio of 584 sqft on the 1st floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 13 April 2023 for AED 619,413, or AED 1,059 per sqft, 15% below the AED 1,245 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 4 November 2024, is AED 58,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 7,000 a year.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical studio in Miracle Residence
400K500K600K20232024202520262027Typical sale price by year: 2023 AED 420,000; 2026 AED 449,300Sold by developer, April 2023: AED 619,413 (AED 1,059 per sqft)

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

Rents
Unit 113, each contractTypical studio in Miracle Residence
40K60K2017202020232026Typical 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, November 2017: AED 46,000 a yearRenewal, November 2018: AED 42,000 a yearRenewal, November 2019: AED 40,000 a yearNew contract, November 2024: AED 58,000 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 113 sits

All 36 studios →

113 last sold in April 2023 at AED 1,059 per sqft, 15% below what studios in Miracle Residence were fetching at the time (AED 1,245). 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

113, Miracle Residence in numbers

  • Sold once: by the developer on 13 April 2023 for AED 619,413, or AED 1,059 per sqft.
  • Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 46,000 to AED 40,000 in 2019 and recovered to AED 58,000 by November 2024.
  • At AED 58,000 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 7,000 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 4 November 2024.

Questions about 113, Miracle Residence

What did unit 113 last sell for?

AED 619,413 on 13 April 2023, sold by the developer: AED 1,059 per sqft for 584 sqft. It is the only registered sale of the unit.

What is the rent for unit 113?

AED 58,000 a year on the contract signed on 4 November 2024. The previous contract, from November 2019, was AED 40,000; the unit has been rented since November 2017.

How big is unit 113?

584 sqft (54.3 sqm): a studio on the 1st floor of a 4-storey tower.

What is unit 113 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 113, Miracle Residence

Starts from the last sale price (AED 619K, 13 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 619,413
Deposit, UAE resident (20%)
AED 123,883
Deposit, non-resident (40%)
AED 247,765
Monthly over 25 years at 3.7%
AED 2,534

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