Studio · 390 sqftMiraclz Tower by Danube, Arjan · 5th floor · completed 2019

506, Miraclz Tower by Danube

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

Unit 506 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 430K5 March 2017
Current rentAED 41K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Miraclz Tower by Danube

What is 506 worth today?

Last sold for AED 430,000 in 2017

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1 Jul 2024RentedNew contract
AED 41,000/yr12 months · AED 105 per sqft
31 Dec 2023RentedRenewal
AED 60,000/yr12 months · AED 154 per sqft
31 Dec 2022RentedNew contract
AED 42,000/yr12 months · AED 108 per sqft
5 Mar 2017Sold by developerOff-plan
AED 430,000AED 1,103 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
5th of 34
Parking
B-51
Developer
Danube Properties Development
Completed
2019
Service charge
AED 4,900 /yr
Last sold
AED 430K · March 2017

About 506, Miraclz Tower by Danube

506 is a studio of 390 sqft on the 5th floor of Miraclz Tower by Danube, a 34-storey tower in Arjan completed in 2019 by Danube Properties Development. The developer sold it on 5 March 2017 for AED 430,000, or AED 1,103 per sqft, 10% 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 July 2024, is AED 41,000 a year: a gross yield of 9.5% on the 2017 price, before the service charge of about AED 4,900 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, March 2017: AED 430,000 (AED 1,103 per sqft)

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

Rents
Unit 506, each contractTypical studio in Miraclz Tower by Danube
40K60K2021202320252027Typical 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, December 2022: AED 42,000 a yearRenewal, December 2023: AED 60,000 a yearNew contract, July 2024: AED 41,000 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 506 sits

All 377 studios →

506 last sold in March 2017 at AED 1,103 per sqft, 10% 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. 506's AED 41,000 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 5th floor

All 590 units in Miraclz Tower by Danube
Value
5012-bedAED 1.15M · Feb 2022
502StudioAED 500K · Feb 2024
503StudioAED 445K · Dec 2016
5041-bedAED 860K · Sep 2023
505AED 530K · Aug 2025
5071-bedAED 770K · Mar 2017
508StudioAED 445K · Mar 2017
1–7 of 17

506, Miraclz Tower by Danube in numbers

  • Sold once: by Danube Properties Development on 5 March 2017 for AED 430,000, or AED 1,103 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, from AED 42,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2017 price is 9.5%, 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 1 July 2024.

Questions about 506, Miraclz Tower by Danube

What did unit 506 last sell for?

AED 430,000 on 5 March 2017, sold by the developer: AED 1,103 per sqft for 390 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 41,000 a year on the contract signed on 1 July 2024. The previous contract, from December 2023, was AED 60,000; the unit has been rented since December 2022.

How big is unit 506?

390 sqft (36.2 sqm): a studio on the 5th floor of a 34-storey tower completed in 2019.

What is unit 506 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 506, Miraclz Tower by Danube

Starts from the last sale price (AED 430K, 5 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →