Studio · 404 sqftMiraclz Tower by Danube, Arjan · 10th floor · completed 2019

1011, Miraclz Tower by Danube

Sold prices and rental history: sold once, by the developer in November 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 25 May 2024
Last soldAED 475K27 November 2016
Current rentAED 45K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Miraclz Tower by Danube

What is 1011 worth today?

Last sold for AED 475,000 in 2016

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25 May 2024RentedNew contract
AED 45,000/yr12 months · AED 111 per sqft
10 May 2023RentedNew contract
AED 37,000/yr12 months · AED 90 per sqft
31 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 68 per sqft
27 Nov 2016Sold by developerOff-plan
AED 475,000AED 1,176 per sqft

Source: Dubai Land Department. Updated 25 May 2024.

Key facts

Type
Studio apartment
Size
404 sqft
Floor
10th of 34
Parking
B-115
Developer
Danube Properties Development
Completed
2019
Service charge
AED 5,100 /yr
Last sold
AED 475K · November 2016

About 1011, Miraclz Tower by Danube

1011 is a studio of 404 sqft on the 10th floor of Miraclz Tower by Danube, a 34-storey tower in Arjan completed in 2019 by Danube Properties Development. The developer sold it on 27 November 2016 for AED 475,000, or AED 1,176 per sqft, 4% below the AED 1,222 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 25 May 2024, is AED 45,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical studio in Miraclz Tower by Danube
400K500K2016201920222025Typical sale price by year: 2016 AED 488,100; 2017 AED 495,000; 2018 AED 530,000; 2019 AED 447,500; 2020 AED 400,000; 2021 AED 475,000; 2022 AED 390,000; 2023 AED 465,000; 2024 AED 520,000; 2025 AED 540,000; 2026 AED 547,000Sold by developer, November 2016: AED 475,000 (AED 1,176 per sqft)

1011 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1011, each contractTypical studio in Miraclz Tower by Danube
30K40K2021202320252027Typical rent by year: 2021 AED 30,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 43,000New contract, October 2021: AED 28,000 a yearNew contract, May 2023: AED 37,000 a yearNew contract, May 2024: AED 45,000 a year

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

Studios in Miraclz Tower by Danube, and where 1011 sits

All 394 studios →

1011 last sold in November 2016 at AED 1,176 per sqft, 4% below what studios in Miraclz Tower by Danube were fetching at the time (AED 1,222). Over the last 12 months studios sold for AED 450,000 to 620,000, around AED 1,358 per sqft, and rent for AED 15,000 to 89,759 a year. 1011's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 2026510,000
19 Oct 2026550,000
19 Oct 2026540,000
3 Sep 2026520,000
31 studio sales in the last 12 months

Miraclz Tower by Danube

Building

590 apartments, studios to 2-bed over 34 floors in Arjan, completed in 2019 by Danube Properties Development. 47 sold in the last 12 months.

Typical price per sqft
AED 1,318 Down 0.2%
Typical sale
AED 560K
Typical rent
AED 48K /yr
Typical yield
7.8%
Miraclz Tower by Danube, Arjan: prices, sales and rents →

Other units on the 10th floor

All 590 units in Miraclz Tower by Danube
Value
10012-bedAED 1.3M · Apr 2024
1002StudioAED 455K · Feb 2017
1003StudioAED 338K · Jun 2021
10041-bedAED 790K · Aug 2017
1005StudioAED 560K · Jan 2026
1006StudioAED 440K · Feb 2017
10071-bedAED 790K · Aug 2017
1–7 of 17

1011, Miraclz Tower by Danube in numbers

  • Sold once: by Danube Properties Development on 27 November 2016 for AED 475,000, or AED 1,176 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 28,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 5,100 a year (AED 12.67 per sqft).
  • Studios in Miraclz Tower by Danube sold for AED 450,000–620,000 in the 12 months to November 2026; the building's median across all types is AED 1,318 per sqft.

Source: Dubai Land Department. Updated 25 May 2024.

Questions about 1011, Miraclz Tower by Danube

What did unit 1011 last sell for?

AED 475,000 on 27 November 2016, sold by the developer: AED 1,176 per sqft for 404 sqft. It is the only registered sale of the unit.

What is the rent for unit 1011?

AED 45,000 a year on the contract signed on 25 May 2024. The previous contract, from May 2023, was AED 37,000; the unit has been rented since October 2021.

How big is unit 1011?

404 sqft (37.5 sqm): a studio on the 10th floor of a 34-storey tower completed in 2019.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Miraclz Tower by Danube sold for AED 450,000 to 620,000 in the last 12 months, around AED 1,358 per sqft.

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Mortgage on 1011, Miraclz Tower by Danube

Starts from the last sale price (AED 475K, 27 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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