Studio · 348 sqftMiracle Residence, Arjan · 4th floor

408, Miracle Residence

Sold prices and rental history: sold twice, last in January 2026, and rented once, from June 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 6 January 2026
Last soldAED 434K6 January 2026
Current rentAED 41K /yr1 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Miracle Residence

What is 408 worth today?

Last sold for AED 433,688 in 2026

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6 Jan 2026SoldReady
AED 433,688AED 1,245 per sqft
23 May 2023Sold by developerReady
AED 325,000AED 933 per sqft
1 Jun 2017RentedNew contract
AED 40,500/yr24 months · AED 125 per sqft

Source: Dubai Land Department. Updated 6 January 2026.

Key facts

Type
Studio hotel apartment
Size
348 sqft
Floor
4th of 4
Parking
B-65
Service charge
AED 4,200 /yr
Last sold
AED 434K · January 2026

About 408, Miracle Residence

408 is a studio of 348 sqft on the 4th floor of Miracle Residence, a 4-storey tower in Arjan. It last sold on 6 January 2026 for AED 433,688, or AED 1,245 per sqft, in line with 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 9.3% on the 2026 price, before the service charge of about AED 4,200 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Miracle Residence
400K20232024202520262027Typical sale price by year: 2023 AED 420,000; 2026 AED 449,300Sold by developer, May 2023: AED 325,000 (AED 933 per sqft)Sold, January 2026: AED 433,688 (AED 1,245 per sqft)

408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 408, 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 408 sits

All 36 studios →

408 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 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 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
4061-bedAED 1M · Mar 2023
407StudioAED 418K · Nov 2022
1–7 of 16

408, Miracle Residence in numbers

  • Sold twice: first on 23 May 2023 for AED 325,000, last on 6 January 2026 for AED 433,688 (AED 1,245 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 2026 price is 9.3%, before a service charge of about AED 4,200 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 6 January 2026.

Questions about 408, Miracle Residence

What did unit 408 last sell for?

AED 433,688 on 6 January 2026: AED 1,245 per sqft for 348 sqft. The unit has 2 registered sales; the first was AED 325,000 in May 2023.

What is the rent for unit 408?

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

How big is unit 408?

348 sqft (32.3 sqm): a studio on the 4th floor of a 4-storey tower.

What is unit 408 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 408, Miracle Residence

Starts from the last sale price (AED 434K, 6 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 433,688
Deposit, UAE resident (20%)
AED 86,738
Deposit, non-resident (40%)
AED 173,475
Monthly over 25 years at 3.7%
AED 1,774

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