Studio · 323 sqftMiracle Residence, Arjan · 3rd floor

307, Miracle Residence

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

Unit 307 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 418K12 May 2023
Current rentAED 41K /yr1 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Miracle Residence

What is 307 worth today?

Last sold for AED 418,118 in 2023

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12 May 2023Sold by developerReady
AED 418,118AED 1,295 per sqft
1 Jun 2017RentedNew contract
AED 40,500/yr24 months · AED 134 per sqft

Source: Dubai Land Department. Updated 12 May 2023.

Key facts

Type
Studio hotel apartment
Size
323 sqft
Floor
3rd of 4
Parking
B-47
Service charge
AED 3,900 /yr
Last sold
AED 418K · May 2023

About 307, Miracle Residence

307 is a studio of 323 sqft on the 3rd floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 12 May 2023 for AED 418,118, or AED 1,295 per sqft, 4% above the AED 1,245 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2017. The current contract, signed on 1 June 2017, is AED 40,500 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 3,900 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical studio in Miracle Residence
420K440K20232024202520262027Typical sale price by year: 2023 AED 420,000; 2026 AED 449,300Sold by developer, May 2023: AED 418,118 (AED 1,295 per sqft)

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

Rents
Unit 307, 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, June 2017: AED 40,500 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 307 sits

All 36 studios →

307 last sold in May 2023 at AED 1,295 per sqft, 4% 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 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 3rd floor

All 68 units in Miracle Residence
Value
3012-bedAED 2.01M · Oct 2025
3021-bedAED 739K · Jan 2026
3031-bedAED 696K · Jan 2026
3041-bedAED 713K · Jan 2026
305StudioAED 457K · Jan 2026
3061-bedAED 976K · Jan 2026
308StudioAED 451K · Mar 2023
1–7 of 16

307, Miracle Residence in numbers

  • Sold once: by the developer on 12 May 2023 for AED 418,118, or AED 1,295 per sqft.
  • Rented since June 2017 on one Ejari contract, at AED 40,500 a year.
  • At AED 40,500 a year the gross yield on the 2023 price is 9.7%, 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 12 May 2023.

Questions about 307, Miracle Residence

What did unit 307 last sell for?

AED 418,118 on 12 May 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 307?

AED 40,500 a year on the contract signed on 1 June 2017.

How big is unit 307?

323 sqft (30.0 sqm): a studio on the 3rd floor of a 4-storey tower.

What is unit 307 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 307, Miracle Residence

Starts from the last sale price (AED 418K, 12 May 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 →