216, 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.
Property timeline for 216, Miracle Residence
What is 216 worth today?
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Source: Dubai Land Department. Updated 5 October 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 361 sqft
- Floor
- 2nd of 4
- Parking
- B-39
- Service charge
- AED 4,300 /yr
- Last sold
- AED 500K · April 2023
- Building
- Miracle Residence
About 216, Miracle Residence
216 is a studio of 361 sqft on the 2nd floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 13 April 2023 for AED 500,000, or AED 1,386 per sqft, 11% above the AED 1,245 studios in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 5 October 2024, is AED 48,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 4,300 a year.
Sales and rents for 216 over time
216 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 216 sits
All 36 studios →216 last sold in April 2023 at AED 1,386 per sqft, 11% above 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 2nd floor
All 68 units in Miracle Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,051 sqft | AED 2.02MAED 2,020,000 · Dec 2025December 2025 | 85,500 /yr | |
| 202 | 1-bed | 593 sqft | AED 670KAED 670,000 · Apr 2023April 2023 | 70,000 /yr | |
| 203 | 1-bed | 559 sqft | AED 670KAED 670,000 · Apr 2023April 2023 | 70,000 /yr | |
| 204 | 1-bed | 572 sqft | AED 670KAED 670,000 · Apr 2023April 2023 | 66,000 /yr | |
| 205 | Studio | 367 sqft | AED 500KAED 500,000 · Apr 2023April 2023 | 45,000 /yr | |
| 206 | 1-bed | 784 sqft | AED 670KAED 670,000 · Apr 2023April 2023 | 70,000 /yr | |
| 207 | Studio | 323 sqft | AED 418KAED 418,118 · Jan 2023January 2023 | 31,086 /yr | |
| 208 | Studio | 348 sqft | AED 500KAED 500,000 · Apr 2023April 2023 | 48,000 /yr | |
| 209 | 2-bed | 923 sqft | AED 1.05MAED 1,049,451 · Mar 2023March 2023 | 85,500 /yr | |
| 210 | Studio | 345 sqft | AED 500KAED 500,000 · Apr 2023April 2023 | 29,000 /yr | |
| 211 | Studio | 345 sqft | AED 500KAED 500,000 · Apr 2023April 2023 | 32,000 /yr | |
| 212 | Studio | 594 sqft | AED 670KAED 670,000 · Apr 2023April 2023 | 32,000 /yr | |
| 213 | Studio | 584 sqft | AED 670KAED 670,000 · Apr 2023April 2023 | 40,000 /yr | |
| 214 | 1-bed | 638 sqft | AED 670KAED 670,000 · Apr 2023April 2023 | 68,000 /yr | |
| 215 | 2-bed | 1,064 sqft | AED 2.04MAED 2,035,000 · Aug 2025August 2025 | 90,000 /yr | |
| 217 | Studio | 401 sqft | AED 500KAED 500,000 · Apr 2023April 2023 | 50,000 /yr |
216, Miracle Residence in numbers
- Sold once: by the developer on 13 April 2023 for AED 500,000, or AED 1,386 per sqft.
- Rented since April 2017 on 3 Ejari contracts. The rent fell from AED 40,850 to AED 29,000 in 2019 and recovered to AED 48,000 by October 2024.
- At AED 48,000 a year the gross yield on the 2023 price is 9.6%, 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 5 October 2024.
Questions about 216, Miracle Residence
What did unit 216 last sell for?
AED 500,000 on 13 April 2023, sold by the developer: AED 1,386 per sqft for 361 sqft. It is the only registered sale of the unit.
What is the rent for unit 216?
AED 48,000 a year on the contract signed on 5 October 2024. The previous contract, from September 2019, was AED 29,000; the unit has been rented since April 2017.
How big is unit 216?
361 sqft (33.5 sqm): a studio on the 2nd floor of a 4-storey tower.
What is unit 216 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 216, Miracle Residence
Starts from the last sale price (AED 500K, 13 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →