Studio · 405 sqftMiraclz Tower by Danube, Arjan · 16th floor · completed 2019

1617, Miraclz Tower by Danube

Sold prices and rental history: sold 5 times, last in March 2024, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1617 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 490K19 March 2024
Current rentAED 31K /yr12 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1617, Miraclz Tower by Danube

What is 1617 worth today?

Last sold for AED 490,000 in 2024

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19 Mar 2024SoldReady
AED 490,000AED 1,210 per sqft
8 Mar 2023SoldReady
AED 356,000AED 879 per sqft
12 Sep 2022RentedNew contract
AED 31,000/yr12 months · AED 76 per sqft
29 Jun 2022SoldReady
AED 450,000AED 1,111 per sqft
16 Oct 2019SoldOff-plan
AED 495,000AED 1,222 per sqft
4 Dec 2016Sold by developerOff-plan
AED 495,000AED 1,222 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
16th of 34
Parking
P1-117
Developer
Danube Properties Development
Completed
2019
Service charge
AED 5,100 /yr
Last sold
AED 490K · March 2024

About 1617, Miraclz Tower by Danube

1617 is a studio of 405 sqft on the 16th floor of Miraclz Tower by Danube, a 34-storey tower in Arjan completed in 2019 by Danube Properties Development. It last sold on 19 March 2024 for AED 490,000, or AED 1,210 per sqft, in line with the AED 1,208 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 September 2022. The current contract, signed on 12 September 2022, is AED 31,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 5,100 a year.

Sales and rents for 1617 over time

Sales
Unit 1617, 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, December 2016: AED 495,000 (AED 1,222 per sqft)Sold, October 2019: AED 495,000 (AED 1,222 per sqft)Sold, June 2022: AED 450,000 (AED 1,111 per sqft)Sold, March 2023: AED 356,000 (AED 879 per sqft)Sold, March 2024: AED 490,000 (AED 1,210 per sqft)

1617 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1617, 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, September 2022: AED 31,000 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 1617 sits

All 377 studios →

1617 last sold in March 2024 at AED 1,210 per sqft, in line with what studios in Miraclz Tower by Danube were fetching at the time (AED 1,208). 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. 1617's AED 31,000 is at the bottom 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 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
1605StudioAED 465K · Dec 2016
1606StudioAED 465K · Jan 2017
16071-bedAED 850K · Apr 2017
1–7 of 17

1617, Miraclz Tower by Danube in numbers

  • Sold 5 times: first on 4 December 2016 for AED 495,000, last on 19 March 2024 for AED 490,000 (AED 1,210 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2024 price is 6.3%, 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 19 March 2024.

Questions about 1617, Miraclz Tower by Danube

What did unit 1617 last sell for?

AED 490,000 on 19 March 2024: AED 1,210 per sqft for 405 sqft. The unit has 5 registered sales; the first was AED 495,000 in December 2016.

What is the rent for unit 1617?

AED 31,000 a year on the contract signed on 12 September 2022.

How big is unit 1617?

405 sqft (37.6 sqm): a studio on the 16th floor of a 34-storey tower completed in 2019.

What is unit 1617 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 1617, Miraclz Tower by Danube

Starts from the last sale price (AED 490K, 19 March 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 AED 23,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →