A typical residential sale here is AED 2,903,000 for about 1,550 sqft in the last 12 months (3,668 sales); across all 11,015 recorded sales the median is AED 2,150,000.
Ready-home prices here have moved +77.1% across the 119 months (Sep 2016 – Aug 2026) of Land Department records we hold — a pace of +6% a year if it continued.
That is the whole 119 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Off-plan and ready are different markets
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
76%
Sold off-plan
of 11,015 sales
Off-plan
AED 736/sqft
8,319 recorded sales
Ready
AED 785/sqft
2,696 recorded sales
Off-plan trades 6% below completed homes here. A single blended figure would sit between the two and describe neither.
What each size costs in Mira
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate. The headline price is the last 12 months; the median across every sale on record sits under it.
Rent is matched to homes by bedroom count where Ejari records one, which most contracts do, and by floor area where it does not — each row says which. Every figure is the median of registered new lets: a renewal is capped under Decree 43 of 2013 and sits below what the same home lets for today.
Size
Typical home
Price, last 12 months · ready and off-plan
Per sqft, all years
Typical rent
Sales, all years
3 beds
2,616 sqft
AED 3,200,000
144 sales
all years AED 1,729,352
AED 641/sqft
AED 160,000/yr
416 tenancies
5,164
4 beds
2,306 sqft
AED 2,824,000
2,338 sales
all years AED 2,684,700
AED 1,282/sqft
AED 195,000/yr
150 tenancies
4,665
5 beds
2,462 sqft
AED 4,157,500
1,186 sales
all years AED 4,157,500
AED 1,936/sqft
AED 160,000/yr
184 tenancies
1,186
What exists here, and who may own it
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
4,035
In Mira, from the Land Department's register of flats.
Freehold
100%
Every unit in Mira with a recorded type is freehold, so foreign ownership is permitted throughout.
Typical size
471 sqft
Median of the 4,035 units that record one.
By size of home
Studio2,133
1 B/R1,902
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
Rental market
From 1,476 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 162,500/yr
for ~2,713 sqft
Rent per sqft
AED 60/sqft
per year
Renewals
62%
of contracts
Contracts
1,476
last 12 months
What it costs to rent here
Median annual rent, by size of home.
3 bedsAED 160,000/yr
4 bedsAED 195,000/yr
5 bedsAED 160,000/yr
Matched to tenancies by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; the table below says which for each row. Renewing tenants pay about 2% less per sqft than someone signing a new lease here.
What it returns
A year’s rent against what completed homes of that size actually sold for in Mira over the same twelve months — both from registered records. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium.
Size
Costs now, ready
Rents for
Gross yield
Ready sales, 12m
3 beds
AED 3.2M
AED 160,000/yrby bedroom · 416 new lets
5.0%
144
4 beds
AED 4.13M
AED 195,000/yrby bedroom · 150 new lets
4.7%
72
The best gross yield here is on a 3 beds at 5.0%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 3 beds here reads 9.3% instead of 5.0%, because it prices the home at AED 1.73M — the median across every sale on record — rather than the AED 3.2M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
We hold no filed budget for this one, so this starts from a placeholder rather than a measurement — it’s on the service charge invoice, or on RERA’s Service Charge Index. How to check it.
Size
Charge / year
Rent after it
Gross
Net
3 beds
AED 39,234
AED 120,766
5.0%
3.8%
4 beds
AED 34,586
AED 160,414
4.7%
3.9%
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Mira
How much is rent in Mira?
a 3-bedroom rents for a median AED 160,000/yr, a 4-bedroom for AED 195,000/yr, a 5-bedroom for AED 160,000/yr. These are medians of tenancy contracts registered with Ejari in Mira over the last twelve months — what tenants agreed to pay, not advertised asking rents. Rent is matched to homes by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; each row on this page says which.
How much do properties cost in Mira?
The median residential sale price in Mira was AED 1,603/sqft in August 2026, from 135 sales registered that month. Over the last 12 months a typical home here sold for about AED 2.9M and measured about 1,550 sqft (3,668 sales). These are medians of sales actually registered with the Dubai Land Department, not of asking prices.
What rental yield does Mira give?
Gross yields on ready homes in Mira run about 5.0% on a 3-bedroom villa, 4.7% on a 4-bedroom villa, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Mira freehold?
Yes. Every unit in Mira whose tenure is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 4,035 units for the area.
How have property prices in Mira changed over the last two years?
Ready homes in Mira sold for a median AED 1,209/sqft in Q4 2025 (66 sales), against AED 1,070/sqft in Q3 2024 (99 sales): +12.9% across those quarters. By quarter, the ready-home median was AED 1,070/sqft in Q3 2024, AED 1,102/sqft in Q4 2024, AED 1,092/sqft in Q1 2025, AED 1,150/sqft in Q2 2025, AED 1,209/sqft in Q4 2025. Off-plan registrations ran at AED 1,822/sqft in Q2 2026 (428 registrations) and are never pooled with ready homes here. These are medians of registered sales, not an index: a quarter's move against the one before it partly reflects which homes sold, and registrations for Q2 2026 are still being filed.
Is Mira mostly off-plan or completed homes?
94% of the 3,668 sales registered in Mira in the last 12 months were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
Prices by quarter, Q3 2024 to Q2 2026
Median registered sale price per sqft in Mira, by calendar quarter of the transaction date, ready homes and off-plan registrations kept apart. Complete quarters only; a quarter's median prints on 60 or more sales.
Quarter
Ready homes · median per sqft
vs a year earlier
Off-plan · median per sqft
Q3 2024
AED 1,070/sqft99 sales
+23.9%
—0 registrations
Q4 2024
AED 1,102/sqft106 sales
+17.9%
—0 registrations
Q1 2025
AED 1,092/sqft144 sales
+9.2%
—0 registrations
Q2 2025
AED 1,150/sqft86 sales
+9.5%
—0 registrations
Q3 2025
—58 sales, under the 60 floor
—
—0 registrations
Q4 2025
AED 1,209/sqft66 sales
+9.7%
AED 1,822/sqft85 registrations
Q1 2026
—54 sales, under the 60 floor
—
AED 1,822/sqft2,745 registrations
Q2 2026still registering
—41 sales, under the 60 floor
—
AED 1,822/sqft428 registrations
Ready-home median +12.9% from Q3 2024 (AED 1,070/sqft, 99 sales) to Q4 2025 (AED 1,209/sqft, 66 sales).
Q2 2026 holds 41 ready sales against about 59 in each of the three quarters before it: registrations for it are still being filed, and its median will settle in later months.
A median is not an index: it moves when the mix of what sold moves, and a single quarter's move against the one before it reverses the next quarter about half the time on this register. Read the level, its sample, and the change against the same quarter a year earlier.
Median price per sqft trend
Every registered residential sale in this area by month, ready homes and off-plan together, so this is the history of what sold rather than a rate. The newest month is still being registered and will move. The rates on this page read ready homes alone.
Areas at a similar price
Closest to Mira on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
