116, Miracle Residence
Sold prices and rental history: sold once, by the developer in April 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Miracle Residence
What is 116 worth today?
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Source: Dubai Land Department. Updated 25 July 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 361 sqft
- Floor
- 1st of 4
- Parking
- B-22
- Service charge
- AED 4,300 /yr
- Last sold
- AED 415K · April 2023
- Building
- Miracle Residence
About 116, Miracle Residence
116 is a studio of 361 sqft on the 1st floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 13 April 2023 for AED 414,900, or AED 1,150 per sqft, 8% below the AED 1,245 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 25 July 2025, is AED 45,000 a year: a gross yield of 10.8% on the 2023 price, before the service charge of about AED 4,300 a year.
Sales and rents for 116 over time
116 has sold once; the dashed line is the studio median of each year in the building.
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 116 sits
All 36 studios →116 last sold in April 2023 at AED 1,150 per sqft, 8% 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20267 January 2026 | 345 sqft | 429,700 | 1,245 | ||
| 7 Jan 20267 January 2026 | 367 sqft | 457,200 | 1,245 | ||
| 7 Jan 20267 January 2026 | 345 sqft | 429,700 | 1,245 | ||
| 7 Jan 20267 January 2026 | 361 sqft | 449,300 | 1,245 |
Miracle Residence
Building68 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
Other units on the 1st floor
All 68 units in Miracle Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,051 sqft | AED 2.04MAED 2,040,000 · Aug 2025August 2025 | 90,000 /yr | |
| 102 | 1-bed | 593 sqft | AED 625KAED 624,673 · Apr 2023April 2023 | ||
| 103 | 1-bed | 559 sqft | AED 591KAED 591,062 · Apr 2023April 2023 | 65,000 /yr | |
| 104 | 1-bed | 572 sqft | AED 605KAED 604,559 · Apr 2023April 2023 | 65,000 /yr | |
| 105 | Studio | 367 sqft | AED 285KAED 285,342 · Apr 2023April 2023 | 45,000 /yr | |
| 106 | 1-bed | 784 sqft | AED 820KAED 819,643 · Apr 2023April 2023 | 70,000 /yr | |
| 107 | Studio | 323 sqft | AED 400KAED 400,000 · Sep 2023September 2023 | 25,000 /yr | |
| 108 | Studio | 348 sqft | AED 381KAED 381,008 · Apr 2023April 2023 | 38,000 /yr | |
| 109 | 2-bed | 923 sqft | AED 2.04MAED 2,040,000 · Aug 2025August 2025 | 45,000 /yr | |
| 110 | Studio | 345 sqft | AED 378KAED 377,930 · Apr 2023April 2023 | 29,000 /yr | |
| 111 | Studio | 345 sqft | AED 447KAED 446,987 · Jan 2023January 2023 | 29,000 /yr | |
| 112 | Studio | 594 sqft | AED 630KAED 629,694 · Apr 2023April 2023 | 55,000 /yr | |
| 113 | Studio | 584 sqft | AED 619KAED 619,413 · Apr 2023April 2023 | 58,000 /yr | |
| 114 | 1-bed | 638 sqft | AED 496KAED 496,218 · Apr 2023April 2023 | 65,000 /yr | |
| 115 | 2-bed | 1,064 sqft | AED 1.43MAED 1,430,000 · Aug 2025August 2025 | 90,000 /yr | |
| 117 | Studio | 401 sqft | AED 321KAED 321,443 · Apr 2023April 2023 | 50,000 /yr |
116, Miracle Residence in numbers
- Sold once: by the developer on 13 April 2023 for AED 414,900, or AED 1,150 per sqft.
- Rented since July 2025 on 2 Ejari contracts, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2023 price is 10.8%, before a service charge of about AED 4,300 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 25 July 2025.
Questions about 116, Miracle Residence
What did unit 116 last sell for?
AED 414,900 on 13 April 2023, sold by the developer: AED 1,150 per sqft for 361 sqft. It is the only registered sale of the unit.
What is the rent for unit 116?
AED 45,000 a year on the contract signed on 25 July 2025. The previous contract, from July 2025, was AED 45,000.
How big is unit 116?
361 sqft (33.5 sqm): a studio on the 1st floor of a 4-storey tower.
What is unit 116 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 116, Miracle Residence
Starts from the last sale price (AED 415K, 13 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 414,900
- Deposit, UAE resident (20%)
- AED 82,980
- Deposit, non-resident (40%)
- AED 165,960
- Monthly over 25 years at 3.7%
- AED 1,697
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →