1106, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1106, Millennium Binghatti Residences
What is 1106 worth today?
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Source: Dubai Land Department. Updated 31 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 481 sqft
- Floor
- 11th of 19
- Parking
- P2-51
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 9,200 /yr
- Last sold
- AED 1.05M · May 2024
- Building
- Millennium Binghatti Residences
About 1106, Millennium Binghatti Residences
1106 is a studio of 481 sqft on the 11th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 31 May 2024 for AED 1,050,000, or AED 2,185 per sqft, 17% above the AED 1,860 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 18 May 2023, is AED 65,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 9,200 a year.
Sales and rents for 1106 over time
1106 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 1106 sits
All 118 studios →1106 last sold in May 2024 at AED 2,185 per sqft, 17% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,860). 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. 1106's AED 65,000 is in the lower 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 11th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,398 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 135,000 /yr | |
| 1102 | Studio | 523 sqft | AED 624KAED 624,000 · Aug 2021August 2021 | 60,000 /yr | |
| 1103 | 1-bed | 819 sqft | AED 930KAED 930,000 · Oct 2021October 2021 | 100,000 /yr | |
| 1104 | 2-bed | 1,402 sqft | AED 1.6MAED 1,600,000 · May 2022May 2022 | 147,000 /yr | |
| 1105 | Studio | 524 sqft | AED 925KAED 925,000 · Nov 2024November 2024 | ||
| 1107 | Studio | 426 sqft | AED 650KAED 650,211 · Feb 2020February 2020 | 46,000 /yr | |
| 1108 | 2-bed | 1,323 sqft | AED 1.58MAED 1,580,000 · Nov 2022November 2022 | ||
| 1109 | Studio | 515 sqft | AED 600KAED 600,000 · Mar 2022March 2022 | ||
| 1110 | Studio | 527 sqft | AED 810KAED 810,000 · Jul 2025July 2025 | ||
| 1111 | 1-bed | 846 sqft | AED 1.25MAED 1,250,000 · Feb 2026February 2026 | 123,500 /yr | |
| 1112 | 1-bed | 1,087 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 |
1106, Millennium Binghatti Residences in numbers
- Sold twice: first on 11 March 2021 for AED 739,000, last on 31 May 2024 for AED 1,050,000 (AED 2,185 per sqft).
- Rented since May 2022 on 2 Ejari contracts, from AED 55,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 9,200 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 31 May 2024.
Questions about 1106, Millennium Binghatti Residences
What did unit 1106 last sell for?
AED 1,050,000 on 31 May 2024: AED 2,185 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 739,000 in March 2021.
What is the rent for unit 1106?
AED 65,000 a year on the contract signed on 18 May 2023. The previous contract, from May 2022, was AED 55,000.
How big is unit 1106?
481 sqft (44.7 sqm): a studio on the 11th floor of a 19-storey tower completed in 2021.
What is unit 1106 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 1106, Millennium Binghatti Residences
Starts from the last sale price (AED 1.05M, 31 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →