1-bed · 1,087 sqftMillennium Binghatti Residences, Business Bay · 11th floor · completed 2021

1112, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1112 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 1.2M1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1112, Millennium Binghatti Residences

What is 1112 worth today?

Last sold for AED 1,200,000 in 2023

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1 Dec 2023SoldReady
AED 1,200,000AED 1,104 per sqft
23 Mar 2022Sold by developerReady
AED 925,000AED 851 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Floor
11th of 19
Parking
P1-15
Developer
Binghatti
Completed
2021
Service charge
AED 20,900 /yr
Last sold
AED 1.2M · December 2023

About 1112, Millennium Binghatti Residences

1112 is a one-bedroom apartment of 1,087 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 1 December 2023 for AED 1,200,000, or AED 1,104 per sqft, in line with the AED 1,094 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1112 over time

Sales
Unit 1112, each saleTypical one-bed in Millennium Binghatti Residences
1M1.25M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,412,570; 2020 AED 910,000; 2021 AED 917,116; 2022 AED 930,000; 2023 AED 1,150,000; 2024 AED 1,300,000; 2025 AED 1,250,000; 2026 AED 1,400,000Sold by developer, March 2022: AED 925,000 (AED 851 per sqft)Sold, December 2023: AED 1,200,000 (AED 1,104 per sqft)

1112 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1112, each contractTypical one-bed in Millennium Binghatti Residences
80K2021202320252027Typical rent by year: 2021 AED 72,000; 2022 AED 67,000; 2023 AED 80,000; 2024 AED 84,000; 2025 AED 90,000; 2026 AED 85,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Millennium Binghatti Residences, and where 1112 sits

All 60 1-beds →

1112 last sold in December 2023 at AED 1,104 per sqft, in line with what one-beds in Millennium Binghatti Residences were fetching at the time (AED 1,094). Over the last 12 months one-beds sold for AED 1,152,037 to 2,167,000, around AED 1,447 per sqft, and rent for AED 70,000 to 130,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 20261,400,000
13 Aug 20262,167,000
16 Mar 20261,550,000
6 Feb 20261,250,000
8 1-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

1112, Millennium Binghatti Residences in numbers

  • Sold twice: first on 23 March 2022 for AED 925,000, last on 1 December 2023 for AED 1,200,000 (AED 1,104 per sqft).
  • One-beds in Millennium Binghatti Residences sold for AED 1,152,037–2,167,000 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 December 2023.

Questions about 1112, Millennium Binghatti Residences

What did unit 1112 last sell for?

AED 1,200,000 on 1 December 2023: AED 1,104 per sqft for 1,087 sqft. The unit has 2 registered sales; the first was AED 925,000 in March 2022.

How big is unit 1112?

1,087 sqft (101.0 sqm): a one-bedroom apartment on the 11th floor of a 19-storey tower completed in 2021.

What is unit 1112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millennium Binghatti Residences sold for AED 1,152,037 to 2,167,000 in the last 12 months, around AED 1,447 per sqft.

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Mortgage on 1112, Millennium Binghatti Residences

Starts from the last sale price (AED 1.2M, 1 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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