Studio · 530 sqftMillennium Binghatti Residences, Business Bay · 10th floor · completed 2021

1005, Millennium Binghatti Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in September 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1005 · DLD and Ejari recordsUpdated 1 September 2026

Last soldAED 1M26 September 2024

Current rentAED 68K /yr1 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1005, Millennium Binghatti Residences

Today

What is 1005 worth today?

Last sold for AED 1,000,000 in 2024

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1 Sep 2026

1 Sep 2026RentedNew contract

AED 68,000/yr12 months · AED 129 per sqft

17 Feb 2025

17 Feb 2025RentedNew contract

AED 75,000/yr12 months · AED 142 per sqft

17 Feb 2025

17 Feb 2025RentedNew contract

AED 75,000/yr12 months · AED 142 per sqft

26 Sep 2024

26 Sep 2024SoldReady

AED 1,000,000AED 1,886 per sqft

25 Feb 2020

25 Feb 2020Sold by developerOff-plan

AED 765,000AED 1,443 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type: Studio apartment
Size: 530 sqft
Floor: 10th of 19
Parking: P2-32
Developer: Binghatti
Completed: 2021
Service charge: AED 10,200 /yr
Last sold: AED 1M · September 2024
Building: Millennium Binghatti Residences

About 1005, Millennium Binghatti Residences

1005 is a studio of 530 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 26 September 2024 for AED 1,000,000, or AED 1,886 per sqft, in line with the AED 1,847 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 September 2026, is AED 68,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1005 over time

Sales

Unit 1005, each saleTypical studio in Millennium Binghatti Residences

1005 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1005, each contractTypical studio in Millennium Binghatti Residences

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 1005 sits

All 118 studios →

Studios in Millennium Binghatti Residences · last 12 months1,801 /sqft Millennium Binghatti Residences · all types1,478 /sqft

1005 last sold in September 2024 at AED 1,886 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,847). 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. 1005's AED 68,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

6 studio sales in the last 12 months

Millennium Binghatti Residences

Building

236 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%

Millennium Binghatti Residences, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 236 units in Millennium Binghatti Residences


1001	2-bed	1,431 sqft	AED 1.61MAED 1,610,000 · Feb 2025February 2025	125,000 /yr
1002	Studio	550 sqft	AED 800KAED 800,000 · May 2024May 2024	72,530 /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
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

1–7 of 21

1005, Millennium Binghatti Residences in numbers

Sold twice: first on 25 February 2020 for AED 765,000, last on 26 September 2024 for AED 1,000,000 (AED 1,886 per sqft).
Rented since February 2025 on 3 Ejari contracts, from AED 75,000 to AED 68,000 a year.
At AED 68,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 10,200 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 1 September 2026.

Questions about 1005, Millennium Binghatti Residences

What did unit 1005 last sell for?

AED 1,000,000 on 26 September 2024: AED 1,886 per sqft for 530 sqft. The unit has 2 registered sales; the first was AED 765,000 in February 2020.

What is the rent for unit 1005?

AED 68,000 a year on the contract signed on 1 September 2026. The previous contract, from February 2025, was AED 75,000; the unit has been rented since February 2025.

How big is unit 1005?

530 sqft (49.2 sqm): a studio on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1005 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 1005, Millennium Binghatti Residences

Starts from the last sale price (AED 1M, 26 September 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,000,000
Deposit, UAE resident (20%): AED 200,000
Deposit, non-resident (40%): AED 400,000
Monthly over 25 years at 3.7%: AED 4,091

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →