1201, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Millennium Binghatti Residences
What is 1201 worth today?
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Source: Dubai Land Department. Updated 28 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,382 sqft
- Floor
- 12th of 19
- Parking
- B2-53, B2-54
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 26,600 /yr
- Last sold
- AED 1.18M · November 2020
- Building
- Millennium Binghatti Residences
About 1201, Millennium Binghatti Residences
1201 is a two-bedroom apartment of 1,382 sqft on the 12th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 22 November 2020 for AED 1,179,807, or AED 853 per sqft, 20% below the AED 1,064 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 28 September 2025, is AED 112,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 26,600 a year.
Sales and rents for 1201 over time
1201 has sold once; the dashed line is the two-bed median of each year in the building.
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 1201 sits
All 62 2-beds →1201 last sold in November 2020 at AED 853 per sqft, 20% below what two-beds in Millennium Binghatti Residences were fetching at the time (AED 1,064). 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. 1201's AED 112,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,393 sqft | 1,590,000 | 1,141 | ||
| 8 May 20268 May 2026 | 1,402 sqft | 2,050,000 | 1,462 | ||
| 6 Feb 20266 February 2026 | 1,428 sqft | 2,360,000 | 1,652 | ||
| 27 Oct 202527 October 2025 | 1,310 sqft | 2,550,000 | 1,947 |
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 12th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | Studio | 522 sqft | AED 672KAED 672,073 · Mar 2021March 2021 | 78,000 /yr | |
| 1203 | 1-bed | 829 sqft | AED 2.17MAED 2,167,000 · Aug 2026August 2026 | 130,000 /yr | |
| 1204 | 2-bed | 1,389 sqft | AED 2.13MAED 2,125,000 · Jun 2025June 2025 | ||
| 1205 | Studio | 523 sqft | AED 1.07MAED 1,069,628 · Jul 2019July 2019 | ||
| 1206 | Studio | 481 sqft | AED 660KAED 660,000 · Jul 2019July 2019 | ||
| 1207 | Studio | 425 sqft | AED 650KAED 650,000 · Mar 2020March 2020 | ||
| 1208 | 2-bed | 1,310 sqft | AED 2.55MAED 2,550,000 · Oct 2025October 2025 | 95,000 /yr | |
| 1209 | Studio | 508 sqft | AED 640KAED 640,000 · Jun 2021June 2021 | 63,000 /yr | |
| 1210 | Studio | 533 sqft | AED 724KAED 724,104 · May 2021May 2021 | 75,000 /yr | |
| 1211 | 1-bed | 834 sqft | AED 1.18MAED 1,175,000 · Apr 2024April 2024 | 115,000 /yr | |
| 1212 | 1-bed | 1,082 sqft | AED 950KAED 950,000 · Nov 2021November 2021 | 75,000 /yr |
1201, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 22 November 2020 for AED 1,179,807, or AED 853 per sqft.
- Rented since January 2022 on 3 Ejari contracts, from AED 75,000 to AED 112,000 a year.
- At AED 112,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 26,600 a year (AED 19.21 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 28 September 2025.
Questions about 1201, Millennium Binghatti Residences
What did unit 1201 last sell for?
AED 1,179,807 on 22 November 2020, sold by the developer: AED 853 per sqft for 1,382 sqft. It is the only registered sale of the unit.
What is the rent for unit 1201?
AED 112,000 a year on the contract renewed on 28 September 2025. The previous contract, from September 2024, was AED 112,000; the unit has been rented since January 2022.
How big is unit 1201?
1,382 sqft (128.4 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2021.
What is unit 1201 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 1201, Millennium Binghatti Residences
Starts from the last sale price (AED 1.18M, 22 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,179,807
- Deposit, UAE resident (20%)
- AED 235,961
- Deposit, non-resident (40%)
- AED 471,923
- Monthly over 25 years at 3.7%
- AED 4,827
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →