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1-bed · 899 sqftMillennium Binghatti Residences, Business Bay · 10th floor · completed 2021

1011, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in March 2023, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 30 March 2023
Last soldAED 1.1M30 March 2023
Current rentAED 60K /yr26 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1011, Millennium Binghatti Residences

What is 1011 worth today?

Last sold for AED 1,100,000 in 2023

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30 Mar 2023SoldReady
AED 1,100,000AED 1,223 per sqft
26 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
11 Sep 2018Sold by developerOff-plan
AED 1,075,500AED 1,195 per sqft

Source: Dubai Land Department. Updated 30 March 2023.

Key facts

Type
1-bed apartment
Size
899 sqft
Floor
10th of 19
Parking
P1-49
Developer
Binghatti
Completed
2021
Service charge
AED 17,300 /yr
Last sold
AED 1.1M · March 2023
Building
Millennium Binghatti Residences

About 1011, Millennium Binghatti Residences

1011 is a one-bedroom apartment of 899 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 30 March 2023 for AED 1,100,000, or AED 1,223 per sqft, 24% above the AED 986 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 March 2022. The current contract, signed on 26 March 2022, is AED 60,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 17,300 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical one-bed in Millennium Binghatti Residences
1M1.25M1.5M2018202120242027Typical sale price by year: 2019 AED 1,412,570; 2020 AED 910,000; 2021 AED 917,116; 2022 AED 930,000; 2023 AED 1,150,000; 2024 AED 1,300,000; 2025 AED 1,250,000; 2026 AED 1,400,000Sold by developer, September 2018: AED 1,075,500 (AED 1,195 per sqft)Sold, March 2023: AED 1,100,000 (AED 1,223 per sqft)

1011 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1011, each contractTypical one-bed in Millennium Binghatti Residences
60K80K2021202320252027Typical rent by year: 2021 AED 72,000; 2022 AED 67,000; 2023 AED 80,000; 2024 AED 84,000; 2025 AED 90,000; 2026 AED 85,000New contract, March 2022: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Millennium Binghatti Residences, and where 1011 sits

All 60 1-beds →

1011 last sold in March 2023 at AED 1,223 per sqft, 24% above what one-beds in Millennium Binghatti Residences were fetching at the time (AED 986). Over the last 12 months one-beds sold for AED 1,152,037 to 2,167,000, around AED 1,447 per sqft, and rent for AED 70,000 to 130,000 a year. 1011's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 20261,400,000
13 Aug 20262,167,000
16 Mar 20261,550,000
6 Feb 20261,250,000
8 1-bed 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
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

1011, Millennium Binghatti Residences in numbers

  • Sold twice: first on 11 September 2018 for AED 1,075,500, last on 30 March 2023 for AED 1,100,000 (AED 1,223 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 17,300 a year (AED 19.21 per sqft).
  • One-beds in Millennium Binghatti Residences sold for AED 1,152,037–2,167,000 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 30 March 2023.

Questions about 1011, Millennium Binghatti Residences

What did unit 1011 last sell for?

AED 1,100,000 on 30 March 2023: AED 1,223 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 1,075,500 in September 2018.

What is the rent for unit 1011?

AED 60,000 a year on the contract signed on 26 March 2022.

How big is unit 1011?

899 sqft (83.5 sqm): a one-bedroom apartment on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millennium Binghatti Residences sold for AED 1,152,037 to 2,167,000 in the last 12 months, around AED 1,447 per sqft.

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Mortgage on 1011, Millennium Binghatti Residences

Starts from the last sale price (AED 1.1M, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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