Studio · 528 sqftMillennium Binghatti Residences, Business Bay · 13th floor · completed 2021

1302, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 6 October 2026
Last soldAED 775K24 October 2023
Current rentAED 84K /yr6 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Millennium Binghatti Residences

What is 1302 worth today?

Last sold for AED 775,000 in 2023

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6 Oct 2026RentedNew contract
AED 84,000/yr5 months · AED 159 per sqft
1 May 2025RentedNew contract
AED 70,000/yr12 months · AED 133 per sqft
1 May 2025RentedNew contract
AED 70,000/yr12 months · AED 133 per sqft
28 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 142 per sqft
24 Oct 2023SoldReady
AED 775,000AED 1,466 per sqft
22 Mar 2021Sold by developerOff-plan
AED 675,432AED 1,278 per sqft

Source: Dubai Land Department. Updated 6 October 2026.

Key facts

Type
Studio apartment
Size
528 sqft
Floor
13th of 19
Parking
B1-58
Developer
Binghatti
Completed
2021
Service charge
AED 10,200 /yr
Last sold
AED 775K · October 2023

About 1302, Millennium Binghatti Residences

1302 is a studio of 528 sqft on the 13th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 24 October 2023 for AED 775,000, or AED 1,466 per sqft, 20% below the AED 1,827 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 6 October 2026, is AED 84,000 a year: a gross yield of 10.8% on the 2023 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical studio in Millennium Binghatti Residences
600K800K1M2018202120242027Typical sale price by year: 2018 AED 768,500; 2019 AED 962,598; 2020 AED 682,000; 2021 AED 650,000; 2022 AED 602,500; 2023 AED 900,000; 2024 AED 950,000; 2025 AED 939,500; 2026 AED 900,000Sold by developer, March 2021: AED 675,432 (AED 1,278 per sqft)Sold, October 2023: AED 775,000 (AED 1,466 per sqft)

1302 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1302, each contractTypical studio in Millennium Binghatti Residences
60K80K2021202320252027Typical rent by year: 2021 AED 47,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 72,265; 2026 AED 67,000New contract, November 2023: AED 75,000 a yearNew contract, May 2025: AED 70,000 a yearNew contract, May 2025: AED 70,000 a yearNew contract, October 2026: AED 84,000 a year

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 1302 sits

All 118 studios →

1302 last sold in October 2023 at AED 1,466 per sqft, 20% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,827). 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. 1302's AED 84,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Jul 2026900,000
3 Jul 20261,000,000
24 Apr 2026725,000
11 Mar 2026860,000
6 studio 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
13012-bedAED 1.29M · Apr 2024
13031-bedAED 1.15M · Dec 2025
13042-bedAED 1.75M · Feb 2024
1305StudioAED 1.12M · Jul 2019
1306StudioAED 1M · Mar 2024
1307StudioAED 987K · Sep 2019
13082-bedAED 1.3M · Jan 2021
1–7 of 11

1302, Millennium Binghatti Residences in numbers

  • Sold twice: first on 22 March 2021 for AED 675,432, last on 24 October 2023 for AED 775,000 (AED 1,466 per sqft).
  • Rented since November 2023 on 4 Ejari contracts, from AED 75,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2023 price is 10.8%, before a service charge of about AED 10,200 a year (AED 19.21 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 6 October 2026.

Questions about 1302, Millennium Binghatti Residences

What did unit 1302 last sell for?

AED 775,000 on 24 October 2023: AED 1,466 per sqft for 528 sqft. The unit has 2 registered sales; the first was AED 675,432 in March 2021.

What is the rent for unit 1302?

AED 84,000 a year on the contract signed on 6 October 2026. The previous contract, from May 2025, was AED 70,000; the unit has been rented since November 2023.

How big is unit 1302?

528 sqft (49.1 sqm): a studio on the 13th floor of a 19-storey tower completed in 2021.

What is unit 1302 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 1302, Millennium Binghatti Residences

Starts from the last sale price (AED 775K, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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