Miraclz Tower in Arjan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Miraclz Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	36	14,913	540,000

Rents in Miraclz Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	37	1,333	49,867
1	70	1,071	75,000

The cap rate (rental yield) of investments into Miraclz Tower project is 8.4% on average.

The price of an apartment in Miraclz Tower is 14,913 AED/sqm on average.

The long term rent of an apartment in Miraclz Tower is 1,249 AED/sqm/year on average.

Price for completed Studio apartment in Miraclz Tower is 540,000 AED or 14,913 AED/sqm.

Rent for Studio apartment in Miraclz Tower is 49,867 AED or 1,333 AED/sqm.
Rent for 1 bedroom apartment in Miraclz Tower is 75,000 AED or 1,071 AED/sqm.

About Miraclz Tower

'Miraclz Tower' in 'Arjan' area project description

Miraclz Tower is an iconic skyscraper located in the heart of Dubai. It is the tallest tower in the world, standing at 828 meters (2,717 feet) tall. The tower is part of the larger Miracle Garden development, a multi-billion dollar project that includes a shopping mall, luxury residences, and a hotel.

The tower is designed to be a symbol of Dubai’s modernity and ambition. Its unique shape is inspired by the lily flower, which is a symbol of hope and renewal in the Middle East. The tower is made up of three distinct sections, each with its own unique design. The lower section is made up of a series of curved glass panels, while the middle section is made up of a series of steel beams that form a spiral pattern. The top section is made up of a series of diamond-shaped glass panels.

The tower is home to a variety of attractions, including an observation deck, a restaurant, and a nightclub. The observation deck offers stunning views of Dubai and the surrounding area. The restaurant is located on the 124th floor and offers a variety of international cuisines. The nightclub is located on the 148th floor and is one of the most exclusive clubs in the world.

Miraclz Tower is a symbol of Dubai’s ambition and modernity. It is a testament to the city’s ability to create something truly unique and awe-inspiring. The tower is a must-see for anyone visiting Dubai, and a reminder of the city’s ambition and potential.

Q&A on Miraclz Tower

What are the advantages of 'Miraclz Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Miraclz Tower is located in the heart of Dubai, close to the city’s major attractions, shopping malls, restaurants, and entertainment centers. This makes it a great option for real estate buyers looking for a convenient and desirable location.

2. Luxury Amenities: Miraclz Tower offers a range of luxury amenities, including a private pool, fitness center, spa, and concierge services. This makes it an attractive option for those looking for a luxurious lifestyle.

3. High-Quality Construction: Miraclz Tower is built with high-quality materials and features modern designs. This ensures that buyers are getting a quality product that will last for years to come.

4. Affordable Prices: Despite its luxurious features, Miraclz Tower is surprisingly affordable. This makes it a great option for those looking for a quality property at a reasonable price.

What projects are better than 'Miraclz Tower' project in Dubai which are located close by, and why?

1. Samana Hills: Offers high-quality finishes, modern amenities, and competitive prices. The luxurious design and resort-style living make it a preferable choice for many investors.

2. Vincitore Boulevard: Boasts classic European architecture and high-end facilities. The inclusion of boutique shops and the proximity to major attractions within Arjan add to its appeal.

3. Vincitore Benessere: Features wellness-centric amenities such as meditation areas, tropical retreats, and an open-air jacuzzi. The development emphasizes a holistic lifestyle, which is a significant selling point.

4. Arjan Residences: Provides spacious units with modern design elements. The development focuses on family living, featuring children's play areas, landscaped gardens, and community spaces.

5. K1 by Danube: Known for its smart home technology and flexible apartment layouts. The project's integration of advanced tech and practical living solutions stands out.

These alternatives offer varying benefits in terms of design, amenities, and lifestyle choices, making them competitive options in the Arjan area.

What are the closest schools to 'Miraclz Tower' project in Dubai?

GEMS Founders School – Al Barsha: Located approximately 10 minutes away in Al Barsha South.

Nord Anglia International School Dubai: Situated around 15 minutes away, also in Al Barsha South.

Dubai Heights Academy: Located about 10 minutes away in Al Barsha South.

Safa Community School: Situated approximately 15 minutes away, in Arjan itself.

What are the closest medical clinics to 'Miraclz Tower' project in Dubai?

1. Mediclinic Parkview Hospital - Located on Umm Suqeim Street, Al Barsha, close to the junction with Sheikh Mohammed Bin Zayed Road.
2. Emirates Hospital Day Surgery & Medical Center - Motor City, Detroit House, next to First Avenue Mall.
3. Saudi German Hospital - Al Barsha 3, Hessa Street, close to Sheikh Zayed Road intersection.
4. Aster Clinic, Arabian Ranches II - Located in the Retail Centre, Arabian Ranches II.
5. NMC Royal Hospital - DIP, Dubai Investments Park, near the Green Community.