How much does a studio in Miracle Residence cost?

The median registered sale price is AED 457,155 (1,245 AED/sqft), from 15 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Miracle Residence selling for right now?

Registered sales of ready units in Miracle Residence over the last 12 months have a median of 1,245 AED/sqft, across 15 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Does Miracle Residence earn more short-let than long-let?

A night asks a median of AED 615, which models to 31.85% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.

How many apartments change hands in Miracle Residence?

15 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Which metro station is closest to Miracle Residence?

Sharaf Dg Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Mall of the Emirates.

Miracle Residence — sale prices & yield

Buy: 457,155AED; AED 1,245/sqft
Short-let: 31.85%; AED 615/night · 1.68/sqft

Price per sqft: Median of 15 registered sales of ready units in the last 12 months, most recent January 2026.

AED/yr/sqft: —
Sales: 15
Rental contracts: 0
Short-let listings seen: 8+

3 years: +8.8%+2.9%/yr

Based on 15 sales and 0 rental contracts in the last 24 months.

Miracle Residence is an apartment building in Arjan, Dubai. The closest metro station is Sharaf Dg Metro Station, the nearest mall Mall of the Emirates and the nearest landmark Motor City. Land Department records for it run from 2022 to 2026, 194 registered sales in all — the 15 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Miracle Residence, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 457,155	1245	—	—	15
1 bed	AED 720,350	1245	—	—	8
2 bed	AED 2.03M	1918	—	+7.9%	6

Deltas compare each yield with the Arjan median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Miracle Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	615	1.68	AED 145,589	—	—	31.85%	8+
1 bed500m	475	0.82	AED 107,377	—	—	14.91%	18+
2 bed500m	635	0.60	AED 138,825	—	—	6.85%	1+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Miracle Residence itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

27 resales in the last 12 months, against 25 a year on average over 2022–2025.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

Nothing registered in the last 3 months. Try a wider window.

Nearby

Metro: Sharaf Dg Metro Station
Mall: Mall of the Emirates
Landmark: Motor City

Compare with nearby buildings

The most-traded buildings in Arjan, on the same figures over the same window.

Common questions

How much does a studio in Miracle Residence cost?: The median registered sale price is AED 457,155 (1,245 AED/sqft), from 15 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Miracle Residence selling for right now?: Registered sales of ready units in Miracle Residence over the last 12 months have a median of 1,245 AED/sqft, across 15 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Does Miracle Residence earn more short-let than long-let?: A night asks a median of AED 615, which models to 31.85% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.
How many apartments change hands in Miracle Residence?: 15 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.
Which metro station is closest to Miracle Residence?: Sharaf Dg Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Mall of the Emirates.

Miracle Residence