1-bed · 559 sqftMiracle Residence, Arjan · 2nd floor

203, Miracle Residence

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

Unit 203 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 670K13 April 2023
Current rentAED 70K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Miracle Residence

What is 203 worth today?

Last sold for AED 670,000 in 2023

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5 Nov 2024RentedNew contract
AED 70,000/yr12 months · AED 125 per sqft
13 Apr 2023Sold by developerReady
AED 670,000AED 1,199 per sqft
15 Apr 2017RentedNew contract
AED 58,500/yr24 months · AED 111 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
1-bed hotel apartment
Size
559 sqft
Floor
2nd of 4
Parking
B-26
Service charge
AED 6,700 /yr
Last sold
AED 670K · April 2023

About 203, Miracle Residence

203 is a one-bedroom hotel apartment of 559 sqft on the 2nd floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 13 April 2023 for AED 670,000, or AED 1,199 per sqft, 13% above the AED 1,057 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 5 November 2024, is AED 70,000 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 6,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Miracle Residence
650K700K20232024202520262027Typical sale price by year: 2023 AED 623,931; 2026 AED 720,350Sold by developer, April 2023: AED 670,000 (AED 1,199 per sqft)

203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in Miracle Residence
60K70K2017202020232026Typical rent by year: 2017 AED 59,850; 2018 AED 55,000; 2024 AED 68,000; 2025 AED 65,000New contract, April 2017: AED 58,500 a yearNew contract, November 2024: AED 70,000 a year

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

1-beds in Miracle Residence, and where 203 sits

All 20 1-beds →

203 last sold in April 2023 at AED 1,199 per sqft, 13% above what one-beds in Miracle Residence were fetching at the time (AED 1,057). Over the last 12 months one-beds sold for AED 695,784 to 976,100, around AED 1,245 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 2026695,800
7 Jan 2026739,000
7 Jan 2026712,700
7 Jan 2026976,100
8 1-bed 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 2nd floor

All 68 units in Miracle Residence
Value
2012-bedAED 2.02M · Dec 2025
2021-bedAED 670K · Apr 2023
2041-bedAED 670K · Apr 2023
205StudioAED 500K · Apr 2023
2061-bedAED 670K · Apr 2023
207StudioAED 418K · Jan 2023
208StudioAED 500K · Apr 2023
1–7 of 16

203, Miracle Residence in numbers

  • Sold once: by the developer on 13 April 2023 for AED 670,000, or AED 1,199 per sqft.
  • Rented since April 2017 on 2 Ejari contracts, from AED 58,500 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 10.4%, before a service charge of about AED 6,700 a year (AED 12.00 per sqft).
  • One-beds in Miracle Residence sold for AED 695,784–976,100 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 5 November 2024.

Questions about 203, Miracle Residence

What did unit 203 last sell for?

AED 670,000 on 13 April 2023, sold by the developer: AED 1,199 per sqft for 559 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 70,000 a year on the contract signed on 5 November 2024. The previous contract, from April 2017, was AED 58,500.

How big is unit 203?

559 sqft (51.9 sqm): a one-bedroom hotel apartment on the 2nd floor of a 4-storey tower.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Miracle Residence sold for AED 695,784 to 976,100 in the last 12 months, around AED 1,245 per sqft.

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Mortgage on 203, Miracle Residence

Starts from the last sale price (AED 670K, 13 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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