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Project · Transactions · 2023

Miracle Residence Property Transactions 2023

72 property sales worth ⃃ 43.86M were registered in Miracle Residence in 2023, 3500.0% higher than 2022 by number of sales. The median sale price was ⃃ 590,531 and the median price per square foot ⃃ 1,055 (−18.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 72 salesUpdated: 14 Nov 2026
Property sales
72
+3500.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 43.86M
+3423.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 590,531
−5.1% vs 2022
72 sales
Median price per sq ft
⃃ 1,055
−18.6% vs 2022
72 sales

What types of property sold in Miracle Residence in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6691.7%⃃ 40.15M⃃ 590,531⃃ 1,058

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)72100%⃃ 43.86M⃃ 590,531⃃ 1,055
Ready72100%⃃ 43.86M⃃ 590,531⃃ 1,055

How many rental contracts were registered in Miracle Residence in 2023?

9 rental contracts (new and renewed) were registered in Miracle Residence in 2023, at a median annual rent of ⃃ 94,500 (+56.2% on 2022). Rental yields in Miracle Residence

What were the most expensive property sales in Miracle Residence in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/04/2023Miracle Residence2 beds · Apartment1,051 sq ft⃃ 1,050,340Primary · Ready
17/03/2023Miracle Residence2 beds · Apartment923 sq ft⃃ 1,049,451Primary · Ready
17/03/2023Miracle Residence2 beds · Apartment923 sq ft⃃ 1,049,451Primary · Ready
03/05/2023Miracle Residence2 beds · Apartment1,051 sq ft⃃ 1,048,000Primary · Ready
03/03/2023Miracle Residence1 bed · Apartment784 sq ft⃃ 1,003,215Primary · Ready
18/05/2023Miracle Residence2 beds · Apartment1,064 sq ft⃃ 1,000,000Primary · Ready
24/05/2023Miracle Residence2 beds · Apartment1,064 sq ft⃃ 1,000,000Primary · Ready
24/05/2023Miracle Residence2 beds · Apartment1,051 sq ft⃃ 1,000,000Primary · Ready
17/04/2023Miracle Residence2 beds · Apartment923 sq ft⃃ 945,632Primary · Ready
13/04/2023Miracle Residence2 beds · Apartment1,051 sq ft⃃ 819,792Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
12/09/2023Miracle ResidenceStudio · Apartment323 sq ft⃃ 400,000Primary · Ready
24/05/2023Miracle Residence2 beds · Apartment1,051 sq ft⃃ 1,000,000Primary · Ready
24/05/2023Miracle Residence2 beds · Apartment1,064 sq ft⃃ 1,000,000Primary · Ready
24/05/2023Miracle Residence1 bed · Apartment593 sq ft⃃ 623,931Primary · Ready
24/05/2023Miracle ResidenceStudio · Apartment361 sq ft⃃ 394,286Primary · Ready
24/05/2023Miracle ResidenceStudio · Apartment584 sq ft⃃ 619,103Primary · Ready
24/05/2023Miracle ResidenceStudio · Apartment594 sq ft⃃ 740,000Primary · Ready
23/05/2023Miracle ResidenceStudio · Apartment348 sq ft⃃ 325,000Primary · Ready
23/05/2023Miracle Residence2 beds · Apartment923 sq ft⃃ 805,700Primary · Ready
23/05/2023Miracle Residence1 bed · Apartment559 sq ft⃃ 560,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/miracle-residence/2023
Miracle Residence Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/miracle-residence/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Miracle Residence in 2023?
72 property sales worth ⃃ 43,862,115 were registered in Miracle Residence in 2023. That is 3500.0% higher than 2022.
What was the median property price in Miracle Residence in 2023?
The median sale price was ⃃ 590,531 and the median price per square foot ⃃ 1,055 (1 Jan – 31 Dec 2023).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/miracle-residence/2023