2-bed · 1,323 sqftMillennium Binghatti Residences, Business Bay · 11th floor · completed 2021

1108, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 1.58M3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Millennium Binghatti Residences

What is 1108 worth today?

Last sold for AED 1,580,000 in 2022

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3 Nov 2022SoldReady
AED 1,580,000AED 1,194 per sqft
27 Jan 2021Sold by developerOff-plan
AED 1,082,517AED 818 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
11th of 19
Parking
B2-10, B2-11
Developer
Binghatti
Completed
2021
Service charge
AED 25,400 /yr
Last sold
AED 1.58M · November 2022

About 1108, Millennium Binghatti Residences

1108 is a two-bedroom apartment of 1,323 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 3 November 2022 for AED 1,580,000, or AED 1,194 per sqft, 38% above the AED 868 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical two-bed in Millennium Binghatti Residences
1M1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,400,000; 2019 AED 1,290,894; 2020 AED 1,546,478; 2021 AED 1,400,000; 2022 AED 1,300,000; 2023 AED 1,350,000; 2024 AED 1,875,000; 2025 AED 2,050,000; 2026 AED 2,050,000Sold by developer, January 2021: AED 1,082,517 (AED 818 per sqft)Sold, November 2022: AED 1,580,000 (AED 1,194 per sqft)

1108 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1108, each contractTypical two-bed in Millennium Binghatti Residences
100K120K140K2021202320252027Typical rent by year: 2021 AED 102,500; 2022 AED 100,000; 2023 AED 117,500; 2024 AED 130,000; 2025 AED 142,000; 2026 AED 140,000

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 1108 sits

All 62 2-beds →

1108 last sold in November 2022 at AED 1,194 per sqft, 38% above what two-beds in Millennium Binghatti Residences were fetching at the time (AED 868). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,590,000
8 May 20262,050,000
6 Feb 20262,360,000
27 Oct 20252,550,000
3 2-bed 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
1102StudioAED 624K · Aug 2021
11031-bedAED 930K · Oct 2021
11042-bedAED 1.6M · May 2022
1105StudioAED 925K · Nov 2024
1106StudioAED 1.05M · May 2024
1107StudioAED 650K · Feb 2020
1–7 of 11

1108, Millennium Binghatti Residences in numbers

  • Sold twice: first on 27 January 2021 for AED 1,082,517, last on 3 November 2022 for AED 1,580,000 (AED 1,194 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 3 November 2022.

Questions about 1108, Millennium Binghatti Residences

What did unit 1108 last sell for?

AED 1,580,000 on 3 November 2022: AED 1,194 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 1,082,517 in January 2021.

How big is unit 1108?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 11th floor of a 19-storey tower completed in 2021.

What is unit 1108 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 1108, Millennium Binghatti Residences

Starts from the last sale price (AED 1.58M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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