Studio · 523 sqftMillennium Binghatti Residences, Business Bay · 11th floor · completed 2021

1102, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 4 October 2026
Last soldAED 624K30 August 2021
Current rentAED 60K /yr4 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Millennium Binghatti Residences

What is 1102 worth today?

Last sold for AED 624,000 in 2021

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4 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 114 per sqft
1 Jul 2025RentedRenewal
AED 71,000/yr12 months · AED 135 per sqft
1 Jul 2025RentedRenewal
AED 71,000/yr12 months · AED 135 per sqft
1 Jul 2024RentedNew contract
AED 71,000/yr12 months · AED 135 per sqft
23 Feb 2023RentedRenewal
AED 45,000/yr12 months · AED 85 per sqft
23 Feb 2022RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft
30 Aug 2021Sold by developerReady
AED 624,000AED 1,193 per sqft

Source: Dubai Land Department. Updated 4 October 2026.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
11th of 19
Parking
B2-70
Developer
Binghatti
Completed
2021
Service charge
AED 10,000 /yr
Last sold
AED 624K · August 2021

About 1102, Millennium Binghatti Residences

1102 is a studio of 523 sqft on the 11th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 30 August 2021 for AED 624,000, or AED 1,193 per sqft, 4% below the AED 1,249 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 4 October 2026, is AED 60,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, August 2021: AED 624,000 (AED 1,193 per sqft)

1102 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1102, each contractTypical studio in Millennium Binghatti Residences
40K60K2021202320252027Typical 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, February 2022: AED 40,000 a yearRenewal, February 2023: AED 45,000 a yearNew contract, July 2024: AED 71,000 a yearRenewal, July 2025: AED 71,000 a yearRenewal, July 2025: AED 71,000 a yearNew contract, October 2026: AED 60,000 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 1102 sits

All 118 studios →

1102 last sold in August 2021 at AED 1,193 per sqft, 4% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,249). 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. 1102's AED 60,000 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
11012-bedAED 1.2M · Oct 2024
11031-bedAED 930K · Oct 2021
11042-bedAED 1.6M · May 2022
1105StudioAED 925K · Nov 2024
1106StudioAED 1.05M · May 2024
1107StudioAED 650K · Feb 2020
11082-bedAED 1.58M · Nov 2022
1–7 of 11

1102, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 30 August 2021 for AED 624,000, or AED 1,193 per sqft.
  • Rented since February 2022 on 6 Ejari contracts, from AED 40,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 10,000 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 4 October 2026.

Questions about 1102, Millennium Binghatti Residences

What did unit 1102 last sell for?

AED 624,000 on 30 August 2021, sold by the developer: AED 1,193 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 60,000 a year on the contract signed on 4 October 2026. The previous contract, from July 2025, was AED 71,000; the unit has been rented since February 2022.

How big is unit 1102?

523 sqft (48.6 sqm): a studio on the 11th floor of a 19-storey tower completed in 2021.

What is unit 1102 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 1102, Millennium Binghatti Residences

Starts from the last sale price (AED 624K, 30 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 624,000
Deposit, UAE resident (20%)
AED 124,800
Deposit, non-resident (40%)
AED 249,600
Monthly over 25 years at 3.7%
AED 2,553

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