Studio · 405 sqftMiraclz Tower by Danube, Arjan · 10th floor · completed 2019

1008, Miraclz Tower by Danube

Sold prices and rental history: sold once, by the developer in April 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 455K12 April 2017
Current rentAED 50K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Miraclz Tower by Danube

What is 1008 worth today?

Last sold for AED 455,000 in 2017

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1 Jun 2024RentedNew contract
AED 50,000/yr12 months · AED 124 per sqft
20 Jan 2023RentedRenewal
AED 38,000/yr12 months · AED 93 per sqft
20 Jan 2022RentedNew contract
AED 29,000/yr12 months · AED 71 per sqft
12 Apr 2017Sold by developerOff-plan
AED 455,000AED 1,123 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
10th of 34
Parking
B-113
Developer
Danube Properties Development
Completed
2019
Service charge
AED 5,100 /yr
Last sold
AED 455K · April 2017

About 1008, Miraclz Tower by Danube

1008 is a studio of 405 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 12 April 2017 for AED 455,000, or AED 1,123 per sqft, 8% below the AED 1,224 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 June 2024, is AED 50,000 a year: a gross yield of 11.0% on the 2017 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Miraclz Tower by Danube
400K500K2016201920222025Typical sale price by year: 2016 AED 488,100; 2017 AED 494,850; 2018 AED 530,000; 2019 AED 447,500; 2020 AED 400,000; 2021 AED 476,975; 2022 AED 390,000; 2023 AED 470,000; 2024 AED 520,000; 2025 AED 535,000; 2026 AED 552,500Sold by developer, April 2017: AED 455,000 (AED 1,123 per sqft)

1008 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Miraclz Tower by Danube
30K40K50K2021202320252027Typical rent by year: 2021 AED 30,000; 2022 AED 30,500; 2023 AED 37,000; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 50,000New contract, January 2022: AED 29,000 a yearRenewal, January 2023: AED 38,000 a yearNew contract, June 2024: AED 50,000 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 1008 sits

All 377 studios →

1008 last sold in April 2017 at AED 1,123 per sqft, 8% 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 575,000, around AED 1,384 per sqft, and rent for AED 37,400 to 89,759 a year. 1008's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026499,000
17 Feb 2026499,000
5 Feb 2026555,000
28 Jan 2026560,000
12 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. 18 sold in the last 12 months.

Typical price per sqft
AED 1,297 Down 1.8%
Typical sale
AED 560K
Typical rent
AED 50K /yr
Typical yield
8.8%
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

1008, Miraclz Tower by Danube in numbers

  • Sold once: by Danube Properties Development on 12 April 2017 for AED 455,000, or AED 1,123 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 29,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 11.0%, 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 450,000–575,000 in the 12 months to November 2026; the building's median across all types is AED 1,297 per sqft.

Source: Dubai Land Department. Updated 1 June 2024.

Questions about 1008, Miraclz Tower by Danube

What did unit 1008 last sell for?

AED 455,000 on 12 April 2017, sold by the developer: AED 1,123 per sqft for 405 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 50,000 a year on the contract signed on 1 June 2024. The previous contract, from January 2023, was AED 38,000; the unit has been rented since January 2022.

How big is unit 1008?

405 sqft (37.6 sqm): a studio on the 10th floor of a 34-storey tower completed in 2019.

What is unit 1008 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 575,000 in the last 12 months, around AED 1,384 per sqft.

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Mortgage on 1008, Miraclz Tower by Danube

Starts from the last sale price (AED 455K, 12 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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