103, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in March 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Millennium Binghatti Residences
What is 103 worth today?
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Source: Dubai Land Department. Updated 12 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 715 sqft
- Floor
- 1st of 19
- Parking
- B3-73
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 13,700 /yr
- Last sold
- AED 790K · March 2022
- Building
- Millennium Binghatti Residences
About 103, Millennium Binghatti Residences
103 is a studio of 715 sqft on the 1st floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 25 March 2022 for AED 790,000, or AED 1,105 per sqft, 9% below the AED 1,215 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 12 September 2024, is AED 85,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 13,700 a year.
Sales and rents for 103 over time
103 has sold twice; the dashed line is the studio median of each year in the building.
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 103 sits
All 118 studios →103 last sold in March 2022 at AED 1,105 per sqft, 9% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,215). 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. 103's AED 85,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Millennium Binghatti Residences
Building236 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%
Other units on the 1st floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 937 sqft | AED 935KAED 935,000 · Jun 2022June 2022 | 95,000 /yr | |
| 102 | 2-bed | 2,154 sqft | AED 1.56MAED 1,561,219 · Aug 2021August 2021 | 110,000 /yr | |
| 104 | Studio | 627 sqft | AED 550KAED 550,000 · Jun 2021June 2021 | 75,000 /yr | |
| 105 | Studio | 618 sqft | AED 680KAED 680,000 · Jan 2019January 2019 | 75,000 /yr | |
| 106 | 2-bed | 2,092 sqft | AED 2.27MAED 2,273,187 · Sep 2019September 2019 | 120,000 /yr | |
| 107 | Studio | 584 sqft | AED 650KAED 650,000 · Feb 2022February 2022 | ||
| 108 | Studio | 644 sqft | AED 1.12MAED 1,124,680 · Apr 2019April 2019 | ||
| 109 | 1-bed | 1,058 sqft | AED 933KAED 933,295 · Jun 2021June 2021 | 78,000 /yr | |
| 110 | 1-bed | 1,229 sqft | AED 904KAED 903,980 · Aug 2021August 2021 | 85,000 /yr |
103, Millennium Binghatti Residences in numbers
- Sold twice: first on 5 March 2020 for AED 1,147,950, last on 25 March 2022 for AED 790,000 (AED 1,105 per sqft).
- Rented since May 2022 on 2 Ejari contracts, from AED 70,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 10.8%, before a service charge of about AED 13,700 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 12 September 2024.
Questions about 103, Millennium Binghatti Residences
What did unit 103 last sell for?
AED 790,000 on 25 March 2022: AED 1,105 per sqft for 715 sqft. The unit has 2 registered sales; the first was AED 1,147,950 in March 2020.
What is the rent for unit 103?
AED 85,000 a year on the contract signed on 12 September 2024. The previous contract, from May 2022, was AED 70,000.
How big is unit 103?
715 sqft (66.4 sqm): a studio on the 1st floor of a 19-storey tower completed in 2021.
What is unit 103 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 103, Millennium Binghatti Residences
Starts from the last sale price (AED 790K, 25 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →