Studio · 405 sqftMiraclz Tower by Danube, Arjan · 7th floor · completed 2019

712, Miraclz Tower by Danube

Sold prices and rental history: sold twice, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 490K9 January 2024
Current rentAED 33K /yr25 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Miraclz Tower by Danube

What is 712 worth today?

Last sold for AED 490,000 in 2024

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9 Jan 2024SoldReady
AED 490,000AED 1,210 per sqft
25 Nov 2022RentedNew contract
AED 33,000/yr12 months · AED 82 per sqft
13 Nov 2021RentedNew contract
AED 32,000/yr12 months · AED 79 per sqft
27 Nov 2016Sold by developerOff-plan
AED 475,000AED 1,173 per sqft

Source: Dubai Land Department. Updated 9 January 2024.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
7th of 34
Parking
B-80
Developer
Danube Properties Development
Completed
2019
Service charge
AED 5,100 /yr
Last sold
AED 490K · January 2024

About 712, Miraclz Tower by Danube

712 is a studio of 405 sqft on the 7th floor of Miraclz Tower by Danube, a 34-storey tower in Arjan completed in 2019 by Danube Properties Development. It last sold on 9 January 2024 for AED 490,000, or AED 1,210 per sqft, 4% above the AED 1,163 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 25 November 2022, is AED 33,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 5,100 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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 1,173 per sqft)Sold, January 2024: AED 490,000 (AED 1,210 per sqft)

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

Rents
Unit 712, 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, November 2021: AED 32,000 a yearNew contract, November 2022: AED 33,000 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 712 sits

All 394 studios →

712 last sold in January 2024 at AED 1,210 per sqft, 4% above what studios in Miraclz Tower by Danube were fetching at the time (AED 1,163). 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. 712's AED 33,000 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 7th floor

All 590 units in Miraclz Tower by Danube
Value
7012-bedAED 1.18M · Nov 2016
702StudioAED 600K · Feb 2024
703StudioAED 455K · Nov 2016
7041-bedAED 790K · Nov 2016
705StudioAED 440K · Nov 2016
706StudioAED 475K · May 2024
7071-bedAED 766K · Jan 2017
1–7 of 17

712, Miraclz Tower by Danube in numbers

  • Sold twice: first on 27 November 2016 for AED 475,000, last on 9 January 2024 for AED 490,000 (AED 1,210 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, from AED 32,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2024 price is 6.7%, 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 9 January 2024.

Questions about 712, Miraclz Tower by Danube

What did unit 712 last sell for?

AED 490,000 on 9 January 2024: AED 1,210 per sqft for 405 sqft. The unit has 2 registered sales; the first was AED 475,000 in November 2016.

What is the rent for unit 712?

AED 33,000 a year on the contract signed on 25 November 2022. The previous contract, from November 2021, was AED 32,000.

How big is unit 712?

405 sqft (37.6 sqm): a studio on the 7th floor of a 34-storey tower completed in 2019.

What is unit 712 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 712, Miraclz Tower by Danube

Starts from the last sale price (AED 490K, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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