
508, Miraclz Tower by Danube
Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Miraclz Tower by Danube
What is 508 worth today?
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Source: Dubai Land Department. Updated 15 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 405 sqft
- Floor
- 5th of 34
- Parking
- B-52
- Developer
- Danube Properties Development
- Completed
- 2019
- Service charge
- AED 5,100 /yr
- Last sold
- AED 445K · March 2017
- Building
- Miraclz Tower by Danube
About 508, Miraclz Tower by Danube
508 is a studio of 405 sqft on the 5th floor of Miraclz Tower by Danube, a 34-storey tower in Arjan completed in 2019 by Danube Properties Development. The developer sold it on 19 March 2017 for AED 445,000, or AED 1,099 per sqft, 10% below the AED 1,224 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 15 October 2023, is AED 42,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 5,100 a year.
Sales and rents for 508 over time
508 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 Miraclz Tower by Danube, and where 508 sits
All 394 studios →508 last sold in March 2017 at AED 1,099 per sqft, 10% below what studios in Miraclz Tower by Danube were fetching at the time (AED 1,224). 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. 508's AED 42,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 390 sqft | 510,000 | 1,308 | ||
| 19 Oct 202619 October 2026 | 405 sqft | 550,000 | 1,358 | ||
| 19 Oct 202619 October 2026 | 405 sqft | 540,000 | 1,333 | ||
| 3 Sep 20263 September 2026 | 390 sqft | 520,000 | 1,334 |
Miraclz Tower by Danube
Building590 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%
Other units on the 5th floor
All 590 units in Miraclz Tower by Danube| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,191 sqft | AED 1.15MAED 1,150,000 · Feb 2022February 2022 | 115,000 /yr | |
| 502 | Studio | 404 sqft | AED 500KAED 500,000 · Feb 2024February 2024 | 42,000 /yr | |
| 503 | Studio | 405 sqft | AED 445KAED 445,000 · Dec 2016December 2016 | 42,000 /yr | |
| 504 | 1-bed | 759 sqft | AED 860KAED 860,000 · Sep 2023September 2023 | 65,000 /yr | |
| 505 | Studio | 390 sqft | AED 530KAED 530,000 · Aug 2025August 2025 | 48,000 /yr | |
| 506 | Studio | 390 sqft | AED 430KAED 430,000 · Mar 2017March 2017 | 40,000 /yr | |
| 507 | 1-bed | 759 sqft | AED 770KAED 770,000 · Mar 2017March 2017 | 75,000 /yr | |
| 509 | Studio | 404 sqft | AED 500KAED 500,000 · Apr 2017April 2017 | 41,000 /yr | |
| 510 | 2-bed | 1,192 sqft | AED 1.15MAED 1,150,000 · Aug 2017August 2017 | ||
| 511 | Studio | 404 sqft | AED 520KAED 520,000 · Mar 2017March 2017 | 15,000 /yr | |
| 512 | Studio | 405 sqft | AED 520KAED 520,000 · Mar 2017March 2017 | 15,000 /yr | |
| 513 | 1-bed | 759 sqft | AED 820KAED 820,000 · Jun 2024June 2024 | 75,000 /yr | |
| 514 | Studio | 390 sqft | AED 450KAED 450,000 · Apr 2017April 2017 | 38,000 /yr | |
| 515 | Studio | 390 sqft | AED 505KAED 505,000 · Mar 2017March 2017 | 44,370 /yr | |
| 516 | 1-bed | 759 sqft | AED 900KAED 900,000 · Apr 2025April 2025 | 75,000 /yr | |
| 517 | Studio | 405 sqft | AED 540KAED 540,000 · Jul 2025July 2025 | 49,000 /yr | |
| 518 | Studio | 404 sqft | AED 520KAED 520,000 · Mar 2017March 2017 | 36,960 /yr |
508, Miraclz Tower by Danube in numbers
- Sold once: by Danube Properties Development on 19 March 2017 for AED 445,000, or AED 1,099 per sqft.
- Rented since October 2021 on 3 Ejari contracts, from AED 30,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2017 price is 9.4%, 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 15 October 2023.
Questions about 508, Miraclz Tower by Danube
What did unit 508 last sell for?
AED 445,000 on 19 March 2017, sold by the developer: AED 1,099 per sqft for 405 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 42,000 a year on the contract signed on 15 October 2023. The previous contract, from October 2022, was AED 30,000; the unit has been rented since October 2021.
How big is unit 508?
405 sqft (37.6 sqm): a studio on the 5th floor of a 34-storey tower completed in 2019.
What is unit 508 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 508, Miraclz Tower by Danube
Starts from the last sale price (AED 445K, 19 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 445,000
- Deposit, UAE resident (20%)
- AED 89,000
- Deposit, non-resident (40%)
- AED 178,000
- Monthly over 25 years at 3.7%
- AED 1,821
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →