1207, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Millennium Binghatti Residences
What is 1207 worth today?
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Source: Dubai Land Department. Updated 12 March 2020.
Key facts
- Type
- Studio apartment
- Size
- 425 sqft
- Floor
- 12th of 19
- Parking
- P2-23
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 8,200 /yr
- Last sold
- AED 650K · March 2020
- Building
- Millennium Binghatti Residences
About 1207, Millennium Binghatti Residences
1207 is a studio of 425 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 12 March 2020 for AED 650,000, or AED 1,528 per sqft, 5% below the AED 1,605 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1207 over time
1207 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 1207 sits
All 118 studios →1207 last sold in March 2020 at AED 1,528 per sqft, 5% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,605). 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.
| 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 12th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,382 sqft | AED 1.18MAED 1,179,807 · Nov 2020November 2020 | 112,000 /yr | |
| 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 | ||
| 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 |
1207, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 12 March 2020 for AED 650,000, or AED 1,528 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 12 March 2020.
Questions about 1207, Millennium Binghatti Residences
What did unit 1207 last sell for?
AED 650,000 on 12 March 2020, sold by the developer: AED 1,528 per sqft for 425 sqft. It is the only registered sale of the unit.
How big is unit 1207?
425 sqft (39.5 sqm): a studio on the 12th floor of a 19-storey tower completed in 2021.
What is unit 1207 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 1207, Millennium Binghatti Residences
Starts from the last sale price (AED 650K, 12 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →