Studio · 509 sqftMillennium Binghatti Residences, Business Bay · 10th floor · completed 2021

1009, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 600K4 April 2022
Current rentAED 73K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Millennium Binghatti Residences

What is 1009 worth today?

Last sold for AED 600,000 in 2022

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1 Nov 2025RentedNew contract
AED 73,000/yr12 months · AED 144 per sqft
27 Sep 2025RentedNew contract
AED 73,000/yr12 months · AED 144 per sqft
1 Oct 2024RentedNew contract
AED 70,000/yr12 months · AED 138 per sqft
22 Dec 2023RentedNew contract
AED 75,000/yr12 months · AED 148 per sqft
28 Aug 2023RentedRenewal
AED 62,000/yr12 months · AED 123 per sqft
28 Aug 2022RentedNew contract
AED 62,000/yr12 months · AED 123 per sqft
4 Apr 2022Sold by developerReady
AED 600,000AED 1,178 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
509 sqft
Floor
10th of 19
Parking
P2-47
Developer
Binghatti
Completed
2021
Service charge
AED 9,800 /yr
Last sold
AED 600K · April 2022

About 1009, Millennium Binghatti Residences

1009 is a studio of 509 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 4 April 2022 for AED 600,000, or AED 1,178 per sqft, in line with the AED 1,214 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 1 November 2025, is AED 73,000 a year: a gross yield of 12.2% on the 2022 price, before the service charge of about AED 9,800 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, 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, April 2022: AED 600,000 (AED 1,178 per sqft)

1009 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1009, each contractTypical studio in Millennium Binghatti Residences
60K80K2021202320252027Typical 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, August 2022: AED 62,000 a yearRenewal, August 2023: AED 62,000 a yearNew contract, December 2023: AED 75,000 a yearNew contract, October 2024: AED 70,000 a yearNew contract, September 2025: AED 73,000 a yearNew contract, November 2025: AED 73,000 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 1009 sits

All 118 studios →

1009 last sold in April 2022 at AED 1,178 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,214). 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. 1009's AED 73,000 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
1006StudioAED 650K · Mar 2020
1007StudioAED 810K · Jan 2022
1–7 of 21

1009, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 4 April 2022 for AED 600,000, or AED 1,178 per sqft.
  • Rented since August 2022 on 6 Ejari contracts, from AED 62,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2022 price is 12.2%, before a service charge of about AED 9,800 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 November 2025.

Questions about 1009, Millennium Binghatti Residences

What did unit 1009 last sell for?

AED 600,000 on 4 April 2022, sold by the developer: AED 1,178 per sqft for 509 sqft. It is the only registered sale of the unit.

What is the rent for unit 1009?

AED 73,000 a year on the contract signed on 1 November 2025. The previous contract, from September 2025, was AED 73,000; the unit has been rented since August 2022.

How big is unit 1009?

509 sqft (47.3 sqm): a studio on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1009 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 1009, Millennium Binghatti Residences

Starts from the last sale price (AED 600K, 4 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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