2-bed · 2,154 sqftMillennium Binghatti Residences, Business Bay · 1st floor · completed 2021

102, Millennium Binghatti Residences

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

Unit 102 · DLD and Ejari recordsUpdated 23 March 2022
Last soldAED 1.56M26 August 2021
Current rentAED 110K /yr23 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Millennium Binghatti Residences

What is 102 worth today?

Last sold for AED 1,561,219 in 2021

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23 Mar 2022RentedNew contract
AED 110,000/yr12 months · AED 51 per sqft
2 Nov 2021RentedNew contract
AED 109,695/yr12 months · AED 51 per sqft
26 Aug 2021Sold by developerReady
AED 1,561,219AED 724 per sqft

Source: Dubai Land Department. Updated 23 March 2022.

Key facts

Type
2-bed apartment
Size
2,154 sqft
Floor
1st of 19
Parking
B2-41
Developer
Binghatti
Completed
2021
Service charge
AED 41,400 /yr
Last sold
AED 1.56M · August 2021

About 102, Millennium Binghatti Residences

102 is a two-bedroom apartment of 2,154 sqft on the 1st floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 26 August 2021 for AED 1,561,219, or AED 724 per sqft, 27% below the AED 991 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 23 March 2022, is AED 110,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 41,400 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in Millennium Binghatti Residences
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,400,000; 2019 AED 1,290,894; 2020 AED 1,546,478; 2021 AED 1,400,000; 2022 AED 1,300,000; 2023 AED 1,350,000; 2024 AED 1,875,000; 2025 AED 2,050,000; 2026 AED 2,050,000Sold by developer, August 2021: AED 1,561,219 (AED 724 per sqft)

102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 102, each contractTypical two-bed in Millennium Binghatti Residences
100K120K140K2021202320252027Typical rent by year: 2021 AED 102,500; 2022 AED 100,000; 2023 AED 117,500; 2024 AED 130,000; 2025 AED 142,000; 2026 AED 140,000New contract, November 2021: AED 109,695 a yearNew contract, March 2022: AED 110,000 a year

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

2-beds in Millennium Binghatti Residences, and where 102 sits

All 62 2-beds →

102 last sold in August 2021 at AED 724 per sqft, 27% below what two-beds in Millennium Binghatti Residences were fetching at the time (AED 991). Over the last 12 months two-beds sold for AED 1,590,000 to 2,360,000, around AED 1,462 per sqft, and rent for AED 94,426 to 260,000 a year. 102's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,590,000
8 May 20262,050,000
6 Feb 20262,360,000
27 Oct 20252,550,000
3 2-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 →
Value
1011-bedAED 935K · Jun 2022
103StudioAED 790K · Mar 2022
104StudioAED 550K · Jun 2021
105StudioAED 680K · Jan 2019
1062-bedAED 2.27M · Sep 2019
107StudioAED 650K · Feb 2022
108StudioAED 1.12M · Apr 2019
1–7 of 9

102, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 26 August 2021 for AED 1,561,219, or AED 724 per sqft.
  • Rented since November 2021 on 2 Ejari contracts, from AED 109,695 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 7.0%, before a service charge of about AED 41,400 a year (AED 19.21 per sqft).
  • Two-beds in Millennium Binghatti Residences sold for AED 1,590,000–2,360,000 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 23 March 2022.

Questions about 102, Millennium Binghatti Residences

What did unit 102 last sell for?

AED 1,561,219 on 26 August 2021, sold by the developer: AED 724 per sqft for 2,154 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 110,000 a year on the contract signed on 23 March 2022. The previous contract, from November 2021, was AED 109,695.

How big is unit 102?

2,154 sqft (200.1 sqm): a two-bedroom apartment on the 1st floor of a 19-storey tower completed in 2021.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Millennium Binghatti Residences sold for AED 1,590,000 to 2,360,000 in the last 12 months, around AED 1,462 per sqft.

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Mortgage on 102, Millennium Binghatti Residences

Starts from the last sale price (AED 1.56M, 26 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,561,219
Deposit, UAE resident (20%)
AED 312,244
Deposit, non-resident (40%)
AED 624,488
Monthly over 25 years at 3.7%
AED 6,387

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