1002, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in May 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Millennium Binghatti Residences
What is 1002 worth today?
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Source: Dubai Land Department. Updated 20 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 550 sqft
- Floor
- 10th of 19
- Parking
- B3-50
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 10,600 /yr
- Last sold
- AED 800K · May 2024
- Building
- Millennium Binghatti Residences
About 1002, Millennium Binghatti Residences
1002 is a studio of 550 sqft on the 10th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 9 May 2024 for AED 800,000, or AED 1,455 per sqft, 21% below the AED 1,850 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 72,530 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 10,600 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Millennium Binghatti Residences, and where 1002 sits
All 118 studios →1002 last sold in May 2024 at AED 1,455 per sqft, 21% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,850). Over the last 12 months studios sold for AED 725,000 to 1,150,000, around AED 1,801 per sqft, and rent for AED 53,000 to 115,000 a year. 1002's AED 72,530 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 436 sqft | 900,000 | 2,065 | ||
| 3 Jul 20263 July 2026 | 528 sqft | 1,000,000 | 1,893 | ||
| 24 Apr 202624 April 2026 | 534 sqft | 725,000 | 1,358 | ||
| 11 Mar 202611 March 2026 | 508 sqft | 860,000 | 1,694 |
Millennium Binghatti Residences
Building236 apartments, studios to 2-bed over 19 floors in Business Bay, completed in 2021 by Binghatti. 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,478 Down 3.4%
- Typical sale
- AED 1.25M
- Typical rent
- AED 75K /yr
- Typical yield
- 8.2%
Other units on the 10th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,431 sqft | AED 1.61MAED 1,610,000 · Feb 2025February 2025 | 125,000 /yr | |
| 1003 | 1-bed | 825 sqft | AED 1.37MAED 1,372,235 · Feb 2019February 2019 | 80,000 /yr | |
| 1004 | 2-bed | 98 sqft | AED 1.5MAED 1,500,000 · Oct 2018October 2018 | 200,000 /yr | |
| 1005 | Studio | 530 sqft | AED 1MAED 1,000,000 · Sep 2024September 2024 | 68,000 /yr | |
| 1006 | Studio | 472 sqft | AED 650KAED 650,000 · Mar 2020March 2020 | 60,000 /yr | |
| 1007 | Studio | 432 sqft | AED 810KAED 810,000 · Jan 2022January 2022 | 63,000 /yr | |
| 1008 | 2-bed | 1,327 sqft | AED 2MAED 2,000,000 · Aug 2025August 2025 | ||
| 1009 | Studio | 509 sqft | AED 600KAED 600,000 · Apr 2022April 2022 | 73,000 /yr | |
| 1010 | Studio | 538 sqft | AED 605KAED 605,000 · Jan 2022January 2022 | 61,000 /yr | |
| 1011 | 1-bed | 899 sqft | AED 1.1MAED 1,100,000 · Mar 2023March 2023 | 60,000 /yr | |
| 1012 | 1-bed | 1,093 sqft | AED 1.55MAED 1,550,000 · Mar 2026March 2026 | ||
| 10E01 | 2-bed | 1,419 sqft | AED 1.2MAED 1,200,000 · Feb 2022February 2022 | 150,000 /yr | |
| 10E02 | Studio | 534 sqft | AED 725KAED 725,000 · Apr 2026April 2026 | 67,500 /yr | |
| 10E03 | 1-bed | 813 sqft | AED 808KAED 808,127 · Mar 2021March 2021 | ||
| 10E04 | 2-bed | 1,404 sqft | AED 1.41MAED 1,405,113 · Apr 2021April 2021 | 135,000 /yr | |
| 10E05 | Studio | 525 sqft | AED 680KAED 680,000 · Sep 2021September 2021 | ||
| 10E06 | Studio | 477 sqft | AED 638KAED 638,250 · Aug 2021August 2021 | ||
| 10E07 | Studio | 428 sqft | AED 635KAED 635,000 · Mar 2021March 2021 | 65,000 /yr | |
| 10E08 | 2-bed | 1,324 sqft | AED 2.05MAED 2,050,000 · Sep 2025September 2025 | ||
| 10E09 | Studio | 509 sqft | AED 681KAED 681,000 · Jun 2021June 2021 | 65,000 /yr | |
| 10E10 | 1-bed | 907 sqft | AED 907KAED 907,193 · Apr 2021April 2021 | 82,000 /yr |
1002, Millennium Binghatti Residences in numbers
- Sold twice: first on 8 June 2021 for AED 540,000, last on 9 May 2024 for AED 800,000 (AED 1,455 per sqft).
- Rented since June 2024 on 2 Ejari contracts, from AED 70,000 to AED 72,530 a year.
- At AED 72,530 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 10,600 a year (AED 19.21 per sqft).
- Studios in Millennium Binghatti Residences sold for AED 725,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.
Source: Dubai Land Department. Updated 20 December 2025.
Questions about 1002, Millennium Binghatti Residences
What did unit 1002 last sell for?
AED 800,000 on 9 May 2024: AED 1,455 per sqft for 550 sqft. The unit has 2 registered sales; the first was AED 540,000 in June 2021.
What is the rent for unit 1002?
AED 72,530 a year on the contract renewed on 20 December 2025. The previous contract, from June 2024, was AED 70,000.
How big is unit 1002?
550 sqft (51.1 sqm): a studio on the 10th floor of a 19-storey tower completed in 2021.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Millennium Binghatti Residences sold for AED 725,000 to 1,150,000 in the last 12 months, around AED 1,801 per sqft.
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Mortgage on 1002, Millennium Binghatti Residences
Starts from the last sale price (AED 800K, 9 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →