1-bed · 1,082 sqftMillennium Binghatti Residences, Business Bay · 12th floor · completed 2021

1212, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 950K2 November 2021
Current rentAED 75K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Millennium Binghatti Residences

What is 1212 worth today?

Last sold for AED 950,000 in 2021

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15 Oct 2026RentedNew contract
AED 75,000/yr12 months · AED 69 per sqft
7 Apr 2025RentedNew contract
AED 82,000/yr12 months · AED 76 per sqft
7 Apr 2025RentedNew contract
AED 82,000/yr12 months · AED 76 per sqft
7 Jan 2024RentedRenewal
AED 70,000/yr12 months · AED 64 per sqft
7 Jan 2023RentedRenewal
AED 63,000/yr12 months · AED 58 per sqft
7 Jan 2022RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
2 Nov 2021Sold by developerReady
AED 950,000AED 878 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
1,082 sqft
Floor
12th of 19
Parking
P1-51
Developer
Binghatti
Completed
2021
Service charge
AED 20,800 /yr
Last sold
AED 950K · November 2021

About 1212, Millennium Binghatti Residences

1212 is a one-bedroom apartment of 1,082 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 2 November 2021 for AED 950,000, or AED 878 per sqft, 12% below the AED 993 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 15 October 2026, is AED 75,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, 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, November 2021: AED 950,000 (AED 878 per sqft)

1212 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1212, each contractTypical one-bed in Millennium Binghatti Residences
60K80K2021202320252027Typical 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 85,000New contract, January 2022: AED 60,000 a yearRenewal, January 2023: AED 63,000 a yearRenewal, January 2024: AED 70,000 a yearNew contract, April 2025: AED 82,000 a yearNew contract, April 2025: AED 82,000 a yearNew contract, October 2026: AED 75,000 a year

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 1212 sits

All 60 1-beds →

1212 last sold in November 2021 at AED 878 per sqft, 12% below what one-beds in Millennium Binghatti Residences were fetching at the time (AED 993). 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. 1212's AED 75,000 is in the lower half of that range.

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
12012-bedAED 1.18M · Nov 2020
1202StudioAED 672K · Mar 2021
12031-bedAED 2.17M · Aug 2026
12042-bedAED 2.13M · Jun 2025
1205StudioAED 1.07M · Jul 2019
1206StudioAED 660K · Jul 2019
1207StudioAED 650K · Mar 2020
1–7 of 11

1212, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 2 November 2021 for AED 950,000, or AED 878 per sqft.
  • Rented since January 2022 on 6 Ejari contracts, from AED 60,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 20,800 a year (AED 19.21 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 15 October 2026.

Questions about 1212, Millennium Binghatti Residences

What did unit 1212 last sell for?

AED 950,000 on 2 November 2021, sold by the developer: AED 878 per sqft for 1,082 sqft. It is the only registered sale of the unit.

What is the rent for unit 1212?

AED 75,000 a year on the contract signed on 15 October 2026. The previous contract, from April 2025, was AED 82,000; the unit has been rented since January 2022.

How big is unit 1212?

1,082 sqft (100.5 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2021.

What is unit 1212 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 1212, Millennium Binghatti Residences

Starts from the last sale price (AED 950K, 2 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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