Studio · 323 sqftMiracle Residence, Arjan · 2nd floor

207, Miracle Residence

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

Unit 207 · DLD and Ejari recordsUpdated 24 January 2023
Last soldAED 418K24 January 2023
Current rentAED 31K /yr28 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Miracle Residence

What is 207 worth today?

Last sold for AED 418,118 in 2023

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24 Jan 2023Sold by developerReady
AED 418,118AED 1,295 per sqft
28 May 2020RentedNew contract
AED 31,086/yr12 months · AED 96 per sqft
15 Apr 2017RentedNew contract
AED 40,850/yr24 months · AED 136 per sqft

Source: Dubai Land Department. Updated 24 January 2023.

Key facts

Type
Studio hotel apartment
Size
323 sqft
Floor
2nd of 4
Parking
B-30
Service charge
AED 3,900 /yr
Last sold
AED 418K · January 2023

About 207, Miracle Residence

207 is a studio of 323 sqft on the 2nd floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 24 January 2023 for AED 418,118, 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 2017 on 2 Ejari contracts. The current contract, signed on 28 May 2020, is AED 31,086 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 3,900 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical studio in Miracle Residence
420K440K20232024202520262027Typical sale price by year: 2023 AED 420,000; 2026 AED 449,300Sold by developer, January 2023: AED 418,118 (AED 1,295 per sqft)

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

Rents
Unit 207, 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, April 2017: AED 40,850 a yearNew contract, May 2020: AED 31,086 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 207 sits

All 36 studios →

207 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 2nd floor

All 68 units in Miracle Residence
Value
2012-bedAED 2.02M · Dec 2025
2021-bedAED 670K · Apr 2023
2031-bedAED 670K · Apr 2023
2041-bedAED 670K · Apr 2023
205StudioAED 500K · Apr 2023
2061-bedAED 670K · Apr 2023
208StudioAED 500K · Apr 2023
1–7 of 16

207, Miracle Residence in numbers

  • Sold once: by the developer on 24 January 2023 for AED 418,118, or AED 1,295 per sqft.
  • Rented since April 2017 on 2 Ejari contracts, from AED 40,850 to AED 31,086 a year.
  • At AED 31,086 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 3,900 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 207, Miracle Residence

What did unit 207 last sell for?

AED 418,118 on 24 January 2023, sold by the developer: AED 1,295 per sqft for 323 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 31,086 a year on the contract signed on 28 May 2020. The previous contract, from April 2017, was AED 40,850.

How big is unit 207?

323 sqft (30.0 sqm): a studio on the 2nd floor of a 4-storey tower.

What is unit 207 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 207, Miracle Residence

Starts from the last sale price (AED 418K, 24 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 418,118
Deposit, UAE resident (20%)
AED 83,624
Deposit, non-resident (40%)
AED 167,247
Monthly over 25 years at 3.7%
AED 1,711

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