After that defeat at the Bronze Medal match against Michael Jurack of Germany at the 2004 Olympics in Athens, Miraliyev decides to return to the Olympics one more time. On the second match on mat 2 for the men under 100 kg, Miraliyev defeated Hassane Azzoun of Algeria by ippon. In the round of 16, the Azerbaijani fought against Levan Zhorzholiani of Georgia and won by Kata-gatame allowing him to step into the quarterfinals. In the quarterfinals, he came up against Daniel Brata of Romania and won by earning a wazari using the Kata Guruma. After that victory, he advances to the semifinal one step closer to the finals. At the semifinals, it comes to him against Naidangiin Tüvshinbayar of Mongolia who defeated the top judokas such as Olympic champion Keiji Suzuki of Japan. Throughout the round, no points have been scored. During the golden score round, the Mongolian scored a yuko which ended the match. Nevertheless, Miraliyev has a chance of winning a medal though it's not gold or silver. At the bronze medal match, it's the Azerbaijani jukoda against Przemysław Matyjaszek of Poland. About 5 seconds before the time ran out, Miraliyev scored a wazari. At the end, Movlud Miraliyev won the Bronze Medal Match under -100 kg. He's the second judoka of Azerbaijan who won an Olympic medal after Elnur Mammadli.
Miraliyev retired from sports after the 2008 Olympics.