Studio · 426 sqftMillennium Binghatti Residences, Business Bay · 13th floor · completed 2021

1307, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 11 September 2019
Last soldAED 987K11 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Millennium Binghatti Residences

What is 1307 worth today?

Last sold for AED 986,716 in 2019

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11 Sep 2019Sold by developerOff-plan
AED 986,716AED 2,313 per sqft

Source: Dubai Land Department. Updated 11 September 2019.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
13th of 19
Parking
P2-17
Developer
Binghatti
Completed
2021
Service charge
AED 8,200 /yr
Last sold
AED 987K · September 2019

About 1307, Millennium Binghatti Residences

1307 is a studio of 426 sqft on the 13th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 11 September 2019 for AED 986,716, or AED 2,313 per sqft, 29% above the AED 1,793 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1307 over time

Sales
Unit 1307, 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 986,716 (AED 2,313 per sqft)

1307 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1307, each contractTypical studio in Millennium Binghatti Residences
60K2021202320252027Typical 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 67,000

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 1307 sits

All 118 studios →

1307 last sold in September 2019 at AED 2,313 per sqft, 29% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,793). 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 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
1306StudioAED 1M · Mar 2024
13082-bedAED 1.3M · Jan 2021
1–7 of 11

1307, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 11 September 2019 for AED 986,716, or AED 2,313 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 11 September 2019.

Questions about 1307, Millennium Binghatti Residences

What did unit 1307 last sell for?

AED 986,716 on 11 September 2019, sold by the developer: AED 2,313 per sqft for 426 sqft. It is the only registered sale of the unit.

How big is unit 1307?

426 sqft (39.6 sqm): a studio on the 13th floor of a 19-storey tower completed in 2021.

What is unit 1307 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 1307, Millennium Binghatti Residences

Starts from the last sale price (AED 987K, 11 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 986,716
Deposit, UAE resident (20%)
AED 197,343
Deposit, non-resident (40%)
AED 394,686
Monthly over 25 years at 3.7%
AED 4,037

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