407, Miracle Residence
Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from June 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Miracle Residence
What is 407 worth today?
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Source: Dubai Land Department. Updated 30 November 2022.
Key facts
- Type
- Studio hotel apartment
- Size
- 323 sqft
- Floor
- 4th of 4
- Parking
- B-64
- Service charge
- AED 3,900 /yr
- Last sold
- AED 418K · November 2022
- Building
- Miracle Residence
About 407, Miracle Residence
407 is a studio of 323 sqft on the 4th floor of Miracle Residence, a 4-storey tower in Arjan. The developer sold it on 30 November 2022 for AED 418,000, or AED 1,295 per sqft.
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 2022 price, before the service charge of about AED 3,900 a year.
Sales and rents for 407 over time
407 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 407 sits
All 36 studios →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 4th floor
All 68 units in Miracle Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,051 sqft | AED 1MAED 1,000,000 · May 2023May 2023 | 90,000 /yr | |
| 402 | 1-bed | 593 sqft | AED 739KAED 739,080 · Jan 2026January 2026 | ||
| 403 | 1-bed | 559 sqft | AED 696KAED 695,784 · Jan 2026January 2026 | 68,000 /yr | |
| 404 | 1-bed | 572 sqft | AED 713KAED 712,674 · Jan 2026January 2026 | 68,000 /yr | |
| 405 | Studio | 367 sqft | AED 457KAED 457,155 · Jan 2026January 2026 | 50,000 /yr | |
| 406 | 1-bed | 784 sqft | AED 1MAED 1,003,215 · Mar 2023March 2023 | 55,000 /yr | |
| 408 | Studio | 348 sqft | AED 434KAED 433,688 · Jan 2026January 2026 | 40,500 /yr | |
| 409 | 2-bed | 923 sqft | AED 806KAED 805,700 · May 2023May 2023 | 90,000 /yr | |
| 410 | Studio | 345 sqft | AED 430KAED 429,665 · Jan 2026January 2026 | 40,500 /yr | |
| 411 | Studio | 345 sqft | AED 430KAED 429,665 · Jan 2026January 2026 | 40,500 /yr | |
| 412 | Studio | 594 sqft | AED 739KAED 739,354 · Jan 2026January 2026 | ||
| 413 | Studio | 584 sqft | AED 728KAED 727,957 · Jan 2026January 2026 | 58,000 /yr | |
| 414 | 1-bed | 638 sqft | AED 827KAED 827,000 · Nov 2022November 2022 | ||
| 415 | 2-bed | 1,064 sqft | AED 1MAED 1,000,000 · May 2023May 2023 | 90,000 /yr | |
| 416 | Studio | 361 sqft | AED 449KAED 449,243 · Jan 2026January 2026 | 45,000 /yr | |
| 417 | Studio | 401 sqft | AED 500KAED 499,916 · Jan 2026January 2026 | 45,000 /yr |
407, Miracle Residence in numbers
- Sold once: by the developer on 30 November 2022 for AED 418,000, 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 2022 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 30 November 2022.
Questions about 407, Miracle Residence
What did unit 407 last sell for?
AED 418,000 on 30 November 2022, 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 407?
AED 40,500 a year on the contract signed on 1 June 2017.
How big is unit 407?
323 sqft (30.0 sqm): a studio on the 4th floor of a 4-storey tower.
What is unit 407 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 407, Miracle Residence
Starts from the last sale price (AED 418K, 30 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 418,000
- Deposit, UAE resident (20%)
- AED 83,600
- Deposit, non-resident (40%)
- AED 167,200
- Monthly over 25 years at 3.7%
- AED 1,710
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →