106, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 106, Millennium Binghatti Residences
What is 106 worth today?
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Source: Dubai Land Department. Updated 19 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,092 sqft
- Floor
- 1st of 19
- Parking
- B3-15, B3-16
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 40,200 /yr
- Last sold
- AED 2.27M · September 2019
- Building
- Millennium Binghatti Residences
About 106, Millennium Binghatti Residences
106 is a two-bedroom apartment of 2,092 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 11 September 2019 for AED 2,273,187, or AED 1,086 per sqft, in line with the AED 1,066 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 19 July 2023, is AED 120,000 a year: a gross yield of 5.3% on the 2019 price, before the service charge of about AED 40,200 a year.
Sales and rents for 106 over time
106 has sold once; the dashed line is the two-bed median of each year in the building.
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 106 sits
All 62 2-beds →106 last sold in September 2019 at AED 1,086 per sqft, in line with what two-beds in Millennium Binghatti Residences were fetching at the time (AED 1,066). 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. 106's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,393 sqft | 1,590,000 | 1,141 | ||
| 8 May 20268 May 2026 | 1,402 sqft | 2,050,000 | 1,462 | ||
| 6 Feb 20266 February 2026 | 1,428 sqft | 2,360,000 | 1,652 | ||
| 27 Oct 202527 October 2025 | 1,310 sqft | 2,550,000 | 1,947 |
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 | |
| 103 | Studio | 715 sqft | AED 790KAED 790,000 · Mar 2022March 2022 | 85,000 /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 | |
| 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 |
106, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 11 September 2019 for AED 2,273,187, or AED 1,086 per sqft.
- Rented since June 2022 on 2 Ejari contracts, from AED 125,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2019 price is 5.3%, before a service charge of about AED 40,200 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 19 July 2023.
Questions about 106, Millennium Binghatti Residences
What did unit 106 last sell for?
AED 2,273,187 on 11 September 2019, sold by the developer: AED 1,086 per sqft for 2,092 sqft. It is the only registered sale of the unit.
What is the rent for unit 106?
AED 120,000 a year on the contract signed on 19 July 2023. The previous contract, from June 2022, was AED 125,000.
How big is unit 106?
2,092 sqft (194.4 sqm): a two-bedroom apartment on the 1st floor of a 19-storey tower completed in 2021.
What is unit 106 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 106, Millennium Binghatti Residences
Starts from the last sale price (AED 2.27M, 11 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,273,187
- Deposit, UAE resident (20%)
- AED 454,637
- Deposit, non-resident (40%)
- AED 909,275
- Monthly over 25 years at 3.7%
- AED 9,300
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →