217, 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.
Property timeline for 217, Miracle Residence
What is 217 worth today?
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Source: Dubai Land Department. Updated 7 February 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 401 sqft
- Floor
- 2nd of 4
- Parking
- B-40
- Service charge
- AED 4,800 /yr
- Last sold
- AED 500K · April 2023
- Building
- Miracle Residence
About 217, Miracle Residence
217 is a studio of 401 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 1,245 per sqft, in line with 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 7 February 2025, is AED 50,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 4,800 a year.
Sales and rents for 217 over time
217 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 217 sits
All 36 studios →217 last sold in April 2023 at AED 1,245 per sqft, in line with 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 | |
| 216 | Studio | 361 sqft | AED 500KAED 500,000 · Apr 2023April 2023 | 48,000 /yr |
217, Miracle Residence in numbers
- Sold once: by the developer on 13 April 2023 for AED 500,000, or AED 1,245 per sqft.
- Rented since April 2017 on 4 Ejari contracts. The rent fell from AED 40,850 to AED 30,829 in 2020 and recovered to AED 50,000 by February 2025.
- At AED 50,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 4,800 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 7 February 2025.
Questions about 217, Miracle Residence
What did unit 217 last sell for?
AED 500,000 on 13 April 2023, sold by the developer: AED 1,245 per sqft for 401 sqft. It is the only registered sale of the unit.
What is the rent for unit 217?
AED 50,000 a year on the contract signed on 7 February 2025. The previous contract, from June 2020, was AED 30,829; the unit has been rented since April 2017.
How big is unit 217?
401 sqft (37.3 sqm): a studio on the 2nd floor of a 4-storey tower.
What is unit 217 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 217, 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 →