1107, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1107, Millennium Binghatti Residences
What is 1107 worth today?
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Source: Dubai Land Department. Updated 1 September 2022.
Key facts
- Type
- Studio apartment
- Size
- 426 sqft
- Floor
- 11th of 19
- Parking
- P2-29
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 8,200 /yr
- Last sold
- AED 650K · February 2020
- Building
- Millennium Binghatti Residences
About 1107, Millennium Binghatti Residences
1107 is a studio of 426 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 10 February 2020 for AED 650,211, or AED 1,528 per sqft, 13% below the AED 1,752 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 September 2022. The current contract, signed on 1 September 2022, is AED 46,000 a year: a gross yield of 7.1% on the 2020 price, before the service charge of about AED 8,200 a year.
Sales and rents for 1107 over time
1107 has sold once; 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 1107 sits
All 118 studios →1107 last sold in February 2020 at AED 1,528 per sqft, 13% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,752). 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. 1107's AED 46,000 is at the bottom 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 | ||
| 1106 | Studio | 481 sqft | AED 1.05MAED 1,050,000 · May 2024May 2024 | 65,000 /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 |
1107, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 10 February 2020 for AED 650,211, or AED 1,528 per sqft.
- Rented since September 2022 on one Ejari contract, at AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2020 price is 7.1%, before a service charge of about AED 8,200 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 1 September 2022.
Questions about 1107, Millennium Binghatti Residences
What did unit 1107 last sell for?
AED 650,211 on 10 February 2020, sold by the developer: AED 1,528 per sqft for 426 sqft. It is the only registered sale of the unit.
What is the rent for unit 1107?
AED 46,000 a year on the contract signed on 1 September 2022.
How big is unit 1107?
426 sqft (39.6 sqm): a studio on the 11th floor of a 19-storey tower completed in 2021.
What is unit 1107 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 1107, Millennium Binghatti Residences
Starts from the last sale price (AED 650K, 10 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 650,211
- Deposit, UAE resident (20%)
- AED 130,042
- Deposit, non-resident (40%)
- AED 260,084
- Monthly over 25 years at 3.7%
- AED 2,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →