2-bed · 1,051 sqftMiracle Residence, Arjan · 4th floor

401, Miracle Residence

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

Unit 401 · DLD and Ejari recordsUpdated 27 October 2024
Last soldAED 1M23 May 2023
Current rentAED 90K /yr27 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Miracle Residence

What is 401 worth today?

Last sold for AED 1,000,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 86 per sqft
23 May 2023Sold by developerReady
AED 1,000,000AED 951 per sqft
15 Apr 2017RentedNew contract
AED 88,200/yr24 months · AED 86 per sqft

Source: Dubai Land Department. Updated 27 October 2024.

Key facts

Type
2-bed hotel apartment
Size
1,051 sqft
Floor
4th of 4
Parking
B-58
Service charge
AED 12,600 /yr
Last sold
AED 1M · May 2023

About 401, Miracle Residence

401 is a two-bedroom hotel apartment of 1,051 sqft on the 4th floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 23 May 2023 for AED 1,000,000, or AED 951 per sqft, in line with the AED 939 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 27 October 2024, is AED 90,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 12,600 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Miracle Residence
1M1.5M2M2023202420252026Typical sale price by year: 2023 AED 972,816; 2025 AED 2,027,500Sold by developer, May 2023: AED 1,000,000 (AED 951 per sqft)

401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in Miracle Residence
85K88K90K2017202020232026Typical rent by year: 2017 AED 85,500; 2024 AED 90,000; 2025 AED 90,000New contract, April 2017: AED 88,200 a yearNew contract, October 2024: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Miracle Residence, and where 401 sits

All 12 2-beds →

401 last sold in May 2023 at AED 951 per sqft, in line with what two-beds in Miracle Residence were fetching at the time (AED 939). Over the last 12 months two-beds sold for AED 2,020,000, around AED 1,922 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Dec 20252,020,000
12 Oct 20252,010,000
29 Aug 20252,035,000
28 Aug 20252,040,000
1 2-bed sale 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 4th floor

All 68 units in Miracle Residence
Value
4021-bedAED 739K · Jan 2026
4031-bedAED 696K · Jan 2026
4041-bedAED 713K · Jan 2026
405StudioAED 457K · Jan 2026
4061-bedAED 1M · Mar 2023
407StudioAED 418K · Nov 2022
408StudioAED 434K · Jan 2026
1–7 of 16

401, Miracle Residence in numbers

  • Sold once: by the developer on 23 May 2023 for AED 1,000,000, or AED 951 per sqft.
  • Rented since April 2017 on 2 Ejari contracts, from AED 88,200 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 12,600 a year (AED 12.00 per sqft).
  • Two-beds in Miracle Residence sold for AED 2,020,000–2,020,000 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 27 October 2024.

Questions about 401, Miracle Residence

What did unit 401 last sell for?

AED 1,000,000 on 23 May 2023, sold by the developer: AED 951 per sqft for 1,051 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 90,000 a year on the contract signed on 27 October 2024. The previous contract, from April 2017, was AED 88,200.

How big is unit 401?

1,051 sqft (97.6 sqm): a two-bedroom hotel apartment on the 4th floor of a 4-storey tower.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Miracle Residence sold for AED 2,020,000 to 2,020,000 in the last 12 months, around AED 1,922 per sqft.

Selling 401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 401, Miracle Residence

Starts from the last sale price (AED 1M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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