Studio · 390 sqftMiraclz Tower by Danube, Arjan · 16th floor · completed 2019

1605, Miraclz Tower by Danube

Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 3 February 2024
Last soldAED 465K18 December 2016
Current rentAED 41K /yr3 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Miraclz Tower by Danube

What is 1605 worth today?

Last sold for AED 465,000 in 2016

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3 Feb 2024RentedRenewal
AED 41,000/yr12 months · AED 106 per sqft
3 Feb 2023RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
18 Dec 2016Sold by developerOff-plan
AED 465,000AED 1,193 per sqft

Source: Dubai Land Department. Updated 3 February 2024.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
16th of 34
Parking
P1-109
Developer
Danube Properties Development
Completed
2019
Service charge
AED 4,900 /yr
Last sold
AED 465K · December 2016

About 1605, Miraclz Tower by Danube

1605 is a studio of 390 sqft on the 16th floor of Miraclz Tower by Danube, a 34-storey tower in Arjan completed in 2019 by Danube Properties Development. The developer sold it on 18 December 2016 for AED 465,000, or AED 1,193 per sqft, in line with the AED 1,223 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 3 February 2024, is AED 41,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, December 2016: AED 465,000 (AED 1,193 per sqft)

1605 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1605, 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, February 2023: AED 38,000 a yearRenewal, February 2024: AED 41,000 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 1605 sits

All 394 studios →

1605 last sold in December 2016 at AED 1,193 per sqft, in line with what studios in Miraclz Tower by Danube were fetching at the time (AED 1,223). 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. 1605's AED 41,000 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 16th floor

All 590 units in Miraclz Tower by Danube
Value
16012-bedAED 1.16M · Jan 2022
1602StudioAED 475K · Feb 2017
1603StudioAED 475K · Mar 2017
16041-bedAED 850K · Jun 2017
1606StudioAED 465K · Jan 2017
16071-bedAED 850K · Apr 2017
1608StudioAED 535K · Jan 2025
1–7 of 17

1605, Miraclz Tower by Danube in numbers

  • Sold once: by Danube Properties Development on 18 December 2016 for AED 465,000, or AED 1,193 per sqft.
  • Rented since February 2023 on 2 Ejari contracts, from AED 38,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 4,900 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 3 February 2024.

Questions about 1605, Miraclz Tower by Danube

What did unit 1605 last sell for?

AED 465,000 on 18 December 2016, sold by the developer: AED 1,193 per sqft for 390 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 41,000 a year on the contract renewed on 3 February 2024. The previous contract, from February 2023, was AED 38,000.

How big is unit 1605?

390 sqft (36.2 sqm): a studio on the 16th floor of a 34-storey tower completed in 2019.

What is unit 1605 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 1605, Miraclz Tower by Danube

Starts from the last sale price (AED 465K, 18 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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