Studio · 405 sqftMiraclz Tower by Danube, Arjan · 14th floor · completed 2019

1408, Miraclz Tower by Danube

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

Unit 1408 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 475K2 January 2017
Current rentAED 45K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Miraclz Tower by Danube

What is 1408 worth today?

Last sold for AED 475,000 in 2017

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15 Dec 2023RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
15 Nov 2022RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
10 Jan 2022RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
2 Jan 2017Sold by developerOff-plan
AED 475,000AED 1,173 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
14th of 34
Parking
B-161
Developer
Danube Properties Development
Completed
2019
Service charge
AED 5,100 /yr
Last sold
AED 475K · January 2017

About 1408, Miraclz Tower by Danube

1408 is a studio of 405 sqft on the 14th floor of Miraclz Tower by Danube, a 34-storey tower in Arjan completed in 2019 by Danube Properties Development. The developer sold it on 2 January 2017 for AED 475,000, or AED 1,173 per sqft, 4% 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 15 December 2023, is AED 45,000 a year: a gross yield of 9.5% on the 2017 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, January 2017: AED 475,000 (AED 1,173 per sqft)

1408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, 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 30,000 a yearNew contract, November 2022: AED 35,000 a yearNew contract, December 2023: AED 45,000 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 1408 sits

All 377 studios →

1408 last sold in January 2017 at AED 1,173 per sqft, 4% 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. 1408's AED 45,000 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 14th floor

All 590 units in Miraclz Tower by Danube
Value
14012-bedAED 1.13M · Mar 2017
1402StudioAED 475K · Nov 2016
1403StudioAED 475K · Dec 2016
14041-bedAED 830K · Jan 2017
1405StudioAED 500K · Sep 2024
1406StudioAED 400K · Jun 2020
1407AED 900K · Sep 2025
1–7 of 17

1408, Miraclz Tower by Danube in numbers

  • Sold once: by Danube Properties Development on 2 January 2017 for AED 475,000, or AED 1,173 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 30,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 9.5%, 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 15 December 2023.

Questions about 1408, Miraclz Tower by Danube

What did unit 1408 last sell for?

AED 475,000 on 2 January 2017, sold by the developer: AED 1,173 per sqft for 405 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 45,000 a year on the contract signed on 15 December 2023. The previous contract, from November 2022, was AED 35,000; the unit has been rented since January 2022.

How big is unit 1408?

405 sqft (37.6 sqm): a studio on the 14th floor of a 34-storey tower completed in 2019.

What is unit 1408 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 1408, Miraclz Tower by Danube

Starts from the last sale price (AED 475K, 2 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

Plus AED 22,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →