YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT
Mira 4, Reem
Mira 4 is a gated villa and townhouse phase within the wider Mira community in Reem, developed by Emaar Properties. It has 516 homes, a mix of 3 and 4-bedroom villas and townhouses, completed in 2016. Royale Stays does not currently manage a property in Mira 4, but the company runs an active villa-management portfolio in Dubai (MAG City, DAMAC Hills and DAMAC Hills 2) with a fee starting from 15% covering furnishing, photography, pricing, check-in and guest communications.
Units
516
Developer
Emaar
Completed
Jul 2016
Ownership
Freehold
Area
Reem
About Mira 4, Reem
Mira 4 sits inside Mira, one of Emaar's long-established villa communities in the Reem masterplan, off Al Qudra Road. Mira itself is built out across five numbered phases, Mira 1 through Mira 5, and Mira 4 is the fourth of those, not to be confused with the separate, adjacent Mira Oasis community, which has its own three phases (Mira Oasis 1 to 3). Construction on Mira 4 started in February 2014 and finished in July 2016, delivering 516 homes: 452 three-bedroom units and 64 four-bedroom units, split between villas and townhouses.
To be clear: Mira is not a seven-phase community. Independent sources confirm it comprises exactly five numbered phases (Mira 1, 2, 3, 4 and 5), launched in 2013 with the last phase completed in 2017. Mira Oasis, a separately branded and separately numbered Emaar community bordering Mira, adds its own three phases on top of that, which is likely why the two are sometimes conflated into a single, larger-sounding numbering. This guide covers Mira 4 specifically, not Mira Oasis and not any other Mira phase.
Mira's Phases: Where Mira 4 Fits
Mira's five phases share a family resemblance (Emaar-developed 3 and 4-bedroom villas and townhouses, similar Reem locations) but are separately built and numbered. The table below sets out where Mira 4 fits among them.
| Phase | Notes |
|---|---|
| Mira 1 | Part of Mira's original five-phase rollout, no dedicated Royale Stays guide yet. |
| Mira 2 | Part of Mira's original five-phase rollout, no dedicated Royale Stays guide yet. |
| Mira 3 | Part of Mira's original five-phase rollout, no dedicated Royale Stays guide yet. |
| Mira 4 (this guide) | 516 units (452 x 3BR, 64 x 4BR), built February 2014 to July 2016. |
| Mira 5 | Final phase of Mira's original five-phase rollout, no dedicated Royale Stays guide yet. |
| Mira Oasis 1-3 | Separate, adjacent Emaar community, not part of the Mira 1-5 numbering. |
Phase notes reflect publicly available developer and portal information reviewed at the time of writing and are not exhaustive.
None of the other Mira phases or Mira Oasis has a dedicated Royale Stays Building Guide of its own yet. If Royale Stays covers other Mira or Mira Oasis phases in future, they will be linked from this page as a lateral cluster.
Unit Types
Mira 4 comprises 516 homes: 452 three-bedroom villas and townhouses and 64 four-bedroom units. The community sits inside Mira's wider villa-and-townhouse product mix, built to the same Emaar standard used across the other Mira phases. No floor-plan diagrams are included here: floor plans are typically the developer's or broker's proprietary material and have not been independently verified for this guide.
Amenities
Mira 4 residents share a swimming pool, tennis, basketball and volleyball courts, an outdoor gym and a skate park, plus a dedicated dog park at the edge of the sub-community. The wider Mira development is anchored by the Mira Town Centre, a roughly 33,360 square foot hub with a supermarket, clinic, cafes and shops, a short walk or drive from Mira 4 itself.
Location & Nearby Landmarks
Mira 4 is reached via Al Qudra Road (D63) and the Dubai Bypass Road, putting it around 20 minutes or more from Downtown Dubai and Dubai International Airport by car, depending on traffic. The community borders Mira Oasis on one side and Town Square Dubai on the other, with Arabian Ranches, Motor City, Dubai Sports City and Mudon all close by. Families in the area send children to Fairgreen International School and Ranches Primary School nearby, or to JESS in Arabian Ranches for a British curriculum; Jebel Ali School in DAMAC Hills is about 18 minutes away.
Reem does not yet have a dedicated Royale Stays area guide. For the wider Dubai-wide picture, see Royale Stays' Airbnb property management across Dubai.
Ownership & Rental Market
Mira is an established freehold community with an active long-term rental market. Portal data puts the average asking rent for a 4-bedroom villa in Mira at approximately AED 214,038 a year, with an average achieved rent over the last 12 months of approximately AED 194,007 a year. These are long-term annual rental figures, not short-term/Airbnb income data, and prospective buyers or tenants should confirm current figures directly since prices move with the wider market.
Royale Stays has not independently confirmed rents specific to Mira 4 in this pass, so no building-specific rental figure is stated here beyond the community-wide portal averages above. Owners weighing a specific unit's earning potential can run their own numbers through Royale Stays' ROI calculator.
Airbnb & Short-Term Rental Potential
Mira 4 is a freehold Emaar-developed villa community with no hotel-brand or serviced-apartment restriction attached to it. Emaar being the developer does not itself block short-term letting, and Mira carries none of the Vida-branded restrictions that do apply elsewhere in Dubai. A standard DTCM holiday-home permit process applies to individual villa owners here, the same as in any other freehold Dubai community, though owners should still confirm their specific building's or HOA's policy before proceeding.
Royale Stays does not currently manage a property in Mira 4, so there is no Mira-specific occupancy or nightly-rate data to share. What the company can point to is its own real villa-management track record elsewhere in Dubai: its MAG City villa ran at 80.22% occupancy with an average daily rate of AED 1,399.41 between December 2025 and April 2026 (a period that includes an initial onboarding window), and the company separately manages villa properties in DAMAC Hills and DAMAC Hills 2. Mira sits in a similar family-villa price bracket and location profile to those communities, roughly 20 to 30 minutes from central Dubai, with 4-bedroom villas renting long-term for an average of around AED 194,000 to 214,000 a year according to portal data. Owners in Mira 4 considering short-term letting can reach out to discuss whether their property fits.
Owners weighing a Mira 4 villa for Airbnb can review Royale Stays' full Airbnb management services, or check the full guide to Airbnb property management in Dubai. Similar nearby villa communities include Mudon Villas and Al Barari Villas, both covered under the same honest, out-of-market framing used here. Owners ready to move forward can submit a property for review.
Royale Stays does not currently hold Mira 4-specific booking data of its own; this section reflects the company's wider Dubai villa-management track record, reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions