Studio · 472 sqftMillennium Binghatti Residences, Business Bay · 10th floor · completed 2021

1006, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in March 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 16 August 2026
Last soldAED 650K12 March 2020
Current rentAED 60K /yr16 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Millennium Binghatti Residences

What is 1006 worth today?

Last sold for AED 650,000 in 2020

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16 Aug 2026RentedRenewal
AED 60,000/yr6 months · AED 130 per sqft
16 Aug 2025RentedRenewal
AED 59,850/yr12 months · AED 129 per sqft
16 Aug 2024RentedRenewal
AED 57,000/yr12 months · AED 123 per sqft
16 Aug 2023RentedRenewal
AED 52,500/yr12 months · AED 111 per sqft
16 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
20 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
12 Mar 2020Sold by developerOff-plan
AED 650,000AED 1,377 per sqft

Source: Dubai Land Department. Updated 16 August 2026.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
10th of 19
Parking
P2-45
Developer
Binghatti
Completed
2021
Service charge
AED 9,100 /yr
Last sold
AED 650K · March 2020

About 1006, Millennium Binghatti Residences

1006 is a studio of 472 sqft on the 10th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 12 March 2020 for AED 650,000, or AED 1,377 per sqft, 14% below the AED 1,605 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 16 August 2026, is AED 60,000 a year: a gross yield of 9.2% on the 2020 price, before the service charge of about AED 9,100 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical studio in Millennium Binghatti Residences
600K800K1M2018202120242027Typical sale price by year: 2018 AED 768,500; 2019 AED 962,598; 2020 AED 682,000; 2021 AED 650,000; 2022 AED 602,500; 2023 AED 900,000; 2024 AED 950,000; 2025 AED 939,500; 2026 AED 900,000Sold by developer, March 2020: AED 650,000 (AED 1,377 per sqft)

1006 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1006, each contractTypical studio in Millennium Binghatti Residences
60K2021202320252027Typical rent by year: 2021 AED 47,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 72,265; 2026 AED 67,000New contract, December 2021: AED 50,000 a yearNew contract, August 2022: AED 50,000 a yearRenewal, August 2023: AED 52,500 a yearRenewal, August 2024: AED 57,000 a yearRenewal, August 2025: AED 59,850 a yearRenewal, August 2026: AED 60,000 a year

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 1006 sits

All 118 studios →

1006 last sold in March 2020 at AED 1,377 per sqft, 14% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,605). 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. 1006's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Jul 2026900,000
3 Jul 20261,000,000
24 Apr 2026725,000
11 Mar 2026860,000
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 →
Value
10012-bedAED 1.61M · Feb 2025
1002StudioAED 800K · May 2024
10031-bedAED 1.37M · Feb 2019
10042-bedAED 1.5M · Oct 2018
1005StudioAED 1M · Sep 2024
1007StudioAED 810K · Jan 2022
10082-bedAED 2M · Aug 2025
1–7 of 21

1006, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 12 March 2020 for AED 650,000, or AED 1,377 per sqft.
  • Rented since December 2021 on 6 Ejari contracts, from AED 50,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 9.2%, before a service charge of about AED 9,100 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 16 August 2026.

Questions about 1006, Millennium Binghatti Residences

What did unit 1006 last sell for?

AED 650,000 on 12 March 2020, sold by the developer: AED 1,377 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 1006?

AED 60,000 a year on the contract renewed on 16 August 2026. The previous contract, from August 2025, was AED 59,850; the unit has been rented since December 2021.

How big is unit 1006?

472 sqft (43.9 sqm): a studio on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1006 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 1006, Millennium Binghatti Residences

Starts from the last sale price (AED 650K, 12 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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