Studio · 390 sqftMiraclz Tower by Danube, Arjan · 4th floor · completed 2019

406, Miraclz Tower by Danube

Sold prices and rental history: sold once, by the developer in January 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 480K2 January 2017
Current rentAED 30K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Miraclz Tower by Danube

What is 406 worth today?

Last sold for AED 480,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 May 2024RentedRenewal
AED 30,000/yr12 months · AED 77 per sqft
10 May 2023RentedRenewal
AED 27,000/yr12 months · AED 70 per sqft
2 Jan 2017Sold by developerOff-plan
AED 480,000AED 1,231 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
4th of 34
Parking
B-39
Developer
Danube Properties Development
Completed
2019
Service charge
AED 4,900 /yr
Last sold
AED 480K · January 2017

About 406, Miraclz Tower by Danube

406 is a studio of 390 sqft on the 4th 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 480,000, or AED 1,231 per sqft, in line with the AED 1,224 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 30,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 4,900 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 480,000 (AED 1,231 per sqft)

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

Rents
Unit 406, each contractTypical studio in Miraclz Tower by Danube
40K2021202320252027Typical 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 50,000Renewal, May 2023: AED 27,000 a yearRenewal, May 2024: AED 30,000 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 406 sits

All 377 studios →

406 last sold in January 2017 at AED 1,231 per sqft, in line with 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. 406's AED 30,000 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 4th floor

All 590 units in Miraclz Tower by Danube
Value
4012-bedAED 1.15M · Dec 2016
402StudioAED 485K · Jun 2017
403StudioAED 485K · Jun 2017
4041-bedAED 900K · Jan 2025
405StudioAED 480K · Dec 2016
4071-bedAED 790K · Mar 2017
408StudioAED 485K · Apr 2017
1–7 of 17

406, Miraclz Tower by Danube in numbers

  • Sold once: by Danube Properties Development on 2 January 2017 for AED 480,000, or AED 1,231 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, from AED 27,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 4,900 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 10 May 2024.

Questions about 406, Miraclz Tower by Danube

What did unit 406 last sell for?

AED 480,000 on 2 January 2017, sold by the developer: AED 1,231 per sqft for 390 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 30,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 27,000.

How big is unit 406?

390 sqft (36.2 sqm): a studio on the 4th floor of a 34-storey tower completed in 2019.

What is unit 406 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.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, Miraclz Tower by Danube

Starts from the last sale price (AED 480K, 2 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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