1-bed · 784 sqftMiracle Residence, Arjan · 4th floor

406, Miracle Residence

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from May 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 3 March 2023
Last soldAED 1M3 March 2023
Current rentAED 55K /yr15 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Miracle Residence

What is 406 worth today?

Last sold for AED 1,003,215 in 2023

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3 Mar 2023Sold by developerReady
AED 1,003,215AED 1,280 per sqft
15 May 2018RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 3 March 2023.

Key facts

Type
1-bed hotel apartment
Size
784 sqft
Floor
4th of 4
Parking
B-63
Service charge
AED 9,400 /yr
Last sold
AED 1M · March 2023

About 406, Miracle Residence

406 is a one-bedroom hotel apartment of 784 sqft on the 4th floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 3 March 2023 for AED 1,003,215, or AED 1,280 per sqft.

One Ejari contract is registered, from 15 May 2018. The current contract, signed on 15 May 2018, is AED 55,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 9,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Miracle Residence
600K800K1M20232024202520262027Typical sale price by year: 2023 AED 623,931; 2026 AED 720,350Sold by developer, March 2023: AED 1,003,215 (AED 1,280 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Miracle Residence
60K70K2017202020232026Typical rent by year: 2017 AED 59,850; 2018 AED 55,000; 2024 AED 68,000; 2025 AED 65,000New contract, May 2018: AED 55,000 a year

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

1-beds in Miracle Residence, and where 406 sits

All 20 1-beds →

Over the last 12 months one-beds sold for AED 695,784 to 976,100, around AED 1,245 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 2026695,800
7 Jan 2026739,000
7 Jan 2026712,700
7 Jan 2026976,100
8 1-bed 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 4th floor

All 68 units in Miracle Residence
Value
4012-bedAED 1M · May 2023
4021-bedAED 739K · Jan 2026
4031-bedAED 696K · Jan 2026
4041-bedAED 713K · Jan 2026
405StudioAED 457K · Jan 2026
407StudioAED 418K · Nov 2022
408StudioAED 434K · Jan 2026
1–7 of 16

406, Miracle Residence in numbers

  • Sold once: by the developer on 3 March 2023 for AED 1,003,215, or AED 1,280 per sqft.
  • Rented since May 2018 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 9,400 a year (AED 12.00 per sqft).
  • One-beds in Miracle Residence sold for AED 695,784–976,100 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 3 March 2023.

Questions about 406, Miracle Residence

What did unit 406 last sell for?

AED 1,003,215 on 3 March 2023, sold by the developer: AED 1,280 per sqft for 784 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 55,000 a year on the contract signed on 15 May 2018.

How big is unit 406?

784 sqft (72.8 sqm): a one-bedroom hotel apartment on the 4th floor of a 4-storey tower.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Miracle Residence sold for AED 695,784 to 976,100 in the last 12 months, around AED 1,245 per sqft.

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Mortgage on 406, Miracle Residence

Starts from the last sale price (AED 1M, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,003,215
Deposit, UAE resident (20%)
AED 200,643
Deposit, non-resident (40%)
AED 401,286
Monthly over 25 years at 3.7%
AED 4,104

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