1-bed · 759 sqftMiraclz Tower by Danube, Arjan · 10th floor · completed 2019

1016, Miraclz Tower by Danube

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 860K28 February 2018
Current rentAED 60K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Miraclz Tower by Danube

What is 1016 worth today?

Last sold for AED 860,000 in 2018

Unlock today's estimate, updated daily, with

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

20 Jun 2024RentedRenewal
AED 60,000/yr12 months · AED 80 per sqft
20 Jun 2023RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
20 Sep 2022RentedRenewal
AED 53,000/yr12 months · AED 70 per sqft
20 Sep 2021RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
28 Feb 2018Sold by developerOff-plan
AED 860,000AED 1,133 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
1-bed apartment
Size
759 sqft
Floor
10th of 34
Parking
P1-5
Developer
Danube Properties Development
Completed
2019
Service charge
AED 9,600 /yr
Last sold
AED 860K · February 2018

About 1016, Miraclz Tower by Danube

1016 is a one-bedroom apartment of 759 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 28 February 2018 for AED 860,000, or AED 1,133 per sqft, 4% above the AED 1,093 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 60,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 9,600 a year.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical one-bed in Miraclz Tower by Danube
600K800K1M2016201920222025Typical sale price by year: 2016 AED 830,000; 2017 AED 830,000; 2021 AED 770,000; 2022 AED 607,500; 2023 AED 840,000; 2024 AED 820,000; 2025 AED 900,000; 2026 AED 985,000Sold by developer, February 2018: AED 860,000 (AED 1,133 per sqft)

1016 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1016, each contractTypical one-bed in Miraclz Tower by Danube
50K60K70K2021202320252027Typical rent by year: 2021 AED 48,000; 2022 AED 50,200; 2023 AED 60,000; 2024 AED 65,050; 2025 AED 70,000; 2026 AED 65,000New contract, September 2021: AED 48,000 a yearRenewal, September 2022: AED 53,000 a yearNew contract, June 2023: AED 60,000 a yearRenewal, June 2024: AED 60,000 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 Miraclz Tower by Danube, and where 1016 sits

All 132 1-beds →

1016 last sold in February 2018 at AED 1,133 per sqft, 4% above what one-beds in Miraclz Tower by Danube were fetching at the time (AED 1,093). Over the last 12 months one-beds sold for AED 888,000 to 1,000,000, around AED 1,212 per sqft, and rent for AED 50,000 to 86,100 a year. 1016's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 20261,000,000
23 Jun 2026970,000
23 Jun 20261,000,000
26 Feb 2026888,000
10 1-bed 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

1016, Miraclz Tower by Danube in numbers

  • Sold once: by Danube Properties Development on 28 February 2018 for AED 860,000, or AED 1,133 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 48,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 7.0%, before a service charge of about AED 9,600 a year (AED 12.67 per sqft).
  • One-beds in Miraclz Tower by Danube sold for AED 888,000–1,000,000 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 20 June 2024.

Questions about 1016, Miraclz Tower by Danube

What did unit 1016 last sell for?

AED 860,000 on 28 February 2018, sold by the developer: AED 1,133 per sqft for 759 sqft. It is the only registered sale of the unit.

What is the rent for unit 1016?

AED 60,000 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 60,000; the unit has been rented since September 2021.

How big is unit 1016?

759 sqft (70.5 sqm): a one-bedroom apartment on the 10th floor of a 34-storey tower completed in 2019.

What is unit 1016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Miraclz Tower by Danube sold for AED 888,000 to 1,000,000 in the last 12 months, around AED 1,212 per sqft.

Selling 1016? 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 1016, Miraclz Tower by Danube

Starts from the last sale price (AED 860K, 28 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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