316, Miracle Residence
Sold prices and rental history: sold twice, last in January 2026, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Miracle Residence
What is 316 worth today?
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Source: Dubai Land Department. Updated 7 January 2026.
Key facts
- Type
- Studio hotel apartment
- Size
- 361 sqft
- Floor
- 3rd of 4
- Parking
- B-56
- Service charge
- AED 4,300 /yr
- Last sold
- AED 449K · January 2026
- Building
- Miracle Residence
About 316, Miracle Residence
316 is a studio of 361 sqft on the 3rd floor of Miracle Residence, a 4-storey tower in Arjan. It last sold on 7 January 2026 for AED 449,300, 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 since 2017 on 3 Ejari contracts. The current contract, signed on 1 January 2025, is AED 50,000 a year: a gross yield of 11.1% on the 2026 price, before the service charge of about AED 4,300 a year.
Sales and rents for 316 over time
316 has sold twice; 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 316 sits
All 36 studios →316 last sold in January 2026 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 | 594 sqft | 739,400 | 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 3rd floor
All 68 units in Miracle Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,051 sqft | AED 2.01MAED 2,010,000 · Oct 2025October 2025 | 90,000 /yr | |
| 302 | 1-bed | 593 sqft | AED 739KAED 739,000 · Jan 2026January 2026 | 68,000 /yr | |
| 303 | 1-bed | 559 sqft | AED 696KAED 695,800 · Jan 2026January 2026 | 63,000 /yr | |
| 304 | 1-bed | 572 sqft | AED 713KAED 712,700 · Jan 2026January 2026 | 65,000 /yr | |
| 305 | Studio | 367 sqft | AED 457KAED 457,200 · Jan 2026January 2026 | 48,000 /yr | |
| 306 | 1-bed | 784 sqft | AED 976KAED 976,100 · Jan 2026January 2026 | 68,000 /yr | |
| 307 | Studio | 323 sqft | AED 418KAED 418,118 · May 2023May 2023 | 40,500 /yr | |
| 308 | Studio | 348 sqft | AED 451KAED 451,172 · Mar 2023March 2023 | ||
| 309 | 2-bed | 923 sqft | AED 1.05MAED 1,049,451 · Mar 2023March 2023 | ||
| 310 | Studio | 345 sqft | AED 430KAED 429,700 · Jan 2026January 2026 | ||
| 311 | Studio | 345 sqft | AED 430KAED 429,700 · Jan 2026January 2026 | 45,000 /yr | |
| 312 | Studio | 594 sqft | AED 739KAED 739,400 · Jan 2026January 2026 | 32,000 /yr | |
| 313 | Studio | 584 sqft | AED 728KAED 728,000 · Jan 2026January 2026 | ||
| 314 | 1-bed | 638 sqft | AED 728KAED 728,000 · Jan 2026January 2026 | 65,000 /yr | |
| 315 | 2-bed | 1,064 sqft | AED 1MAED 1,000,000 · May 2023May 2023 | 90,000 /yr | |
| 317 | Studio | 401 sqft | AED 500KAED 500,000 · Jan 2026January 2026 | 48,000 /yr |
316, Miracle Residence in numbers
- Sold twice: first on 17 May 2023 for AED 420,000, last on 7 January 2026 for AED 449,300 (AED 1,245 per sqft).
- Rented since June 2017 on 3 Ejari contracts. The rent fell from AED 40,500 to AED 31,000 in 2019 and recovered to AED 50,000 by January 2025.
- At AED 50,000 a year the gross yield on the 2026 price is 11.1%, 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 7 January 2026.
Questions about 316, Miracle Residence
What did unit 316 last sell for?
AED 449,300 on 7 January 2026: AED 1,245 per sqft for 361 sqft. The unit has 2 registered sales; the first was AED 420,000 in May 2023.
What is the rent for unit 316?
AED 50,000 a year on the contract signed on 1 January 2025. The previous contract, from November 2019, was AED 31,000; the unit has been rented since June 2017.
How big is unit 316?
361 sqft (33.5 sqm): a studio on the 3rd floor of a 4-storey tower.
What is unit 316 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 316, Miracle Residence
Starts from the last sale price (AED 449K, 7 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 449,300
- Deposit, UAE resident (20%)
- AED 89,860
- Deposit, non-resident (40%)
- AED 179,720
- Monthly over 25 years at 3.7%
- AED 1,838
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →