Studio · 479 sqftMillennium Binghatti Residences, Business Bay · 13th floor · completed 2021

1306, Millennium Binghatti Residences

Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 21 April 2026
Last soldAED 1M14 March 2024
Current rentAED 115K /yr21 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Millennium Binghatti Residences

What is 1306 worth today?

Last sold for AED 1,000,000 in 2024

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21 Apr 2026RentedNew contract
AED 115,000/yr12 months · AED 237 per sqft
14 Mar 2024SoldReady
AED 1,000,000AED 2,086 per sqft
21 Dec 2023SoldReady
AED 800,000AED 1,669 per sqft
13 Jan 2023RentedNew contract
AED 54,000/yr12 months · AED 111 per sqft
24 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
4 Sep 2019Sold by developerOff-plan
AED 677,641AED 1,414 per sqft

Source: Dubai Land Department. Updated 21 April 2026.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
13th of 19
Parking
P2-18
Developer
Binghatti
Completed
2021
Service charge
AED 9,200 /yr
Last sold
AED 1M · March 2024

About 1306, Millennium Binghatti Residences

1306 is a studio of 479 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 14 March 2024 for AED 1,000,000, or AED 2,086 per sqft, 12% above the AED 1,865 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 21 April 2026, is AED 115,000 a year: a gross yield of 11.5% on the 2024 price, before the service charge of about AED 9,200 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, September 2019: AED 677,641 (AED 1,414 per sqft)Sold, December 2023: AED 800,000 (AED 1,669 per sqft)Sold, March 2024: AED 1,000,000 (AED 2,086 per sqft)

1306 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1306, each contractTypical studio in Millennium Binghatti Residences
50K100K2021202320252027Typical 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, December 2021: AED 40,000 a yearNew contract, January 2023: AED 54,000 a yearNew contract, April 2026: AED 115,000 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 1306 sits

All 118 studios →

1306 last sold in March 2024 at AED 2,086 per sqft, 12% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,865). 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. 1306's AED 115,000 is at the top 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
1302StudioAED 775K · Oct 2023
13031-bedAED 1.15M · Dec 2025
13042-bedAED 1.75M · Feb 2024
1305StudioAED 1.12M · Jul 2019
1307StudioAED 987K · Sep 2019
13082-bedAED 1.3M · Jan 2021
1–7 of 11

1306, Millennium Binghatti Residences in numbers

  • Sold 3 times: first on 4 September 2019 for AED 677,641, last on 14 March 2024 for AED 1,000,000 (AED 2,086 per sqft).
  • Rented since December 2021 on 3 Ejari contracts, from AED 40,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 11.5%, before a service charge of about AED 9,200 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 21 April 2026.

Questions about 1306, Millennium Binghatti Residences

What did unit 1306 last sell for?

AED 1,000,000 on 14 March 2024: AED 2,086 per sqft for 479 sqft. The unit has 3 registered sales; the first was AED 677,641 in September 2019.

What is the rent for unit 1306?

AED 115,000 a year on the contract signed on 21 April 2026. The previous contract, from January 2023, was AED 54,000; the unit has been rented since December 2021.

How big is unit 1306?

479 sqft (44.5 sqm): a studio on the 13th floor of a 19-storey tower completed in 2021.

What is unit 1306 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 1306, Millennium Binghatti Residences

Starts from the last sale price (AED 1M, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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