1309, Millennium Binghatti Residences
Sold prices and rental history: sold 3 times, last in November 2024, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1309, Millennium Binghatti Residences
What is 1309 worth today?
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Source: Dubai Land Department. Updated 18 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 515 sqft
- Floor
- 13th of 19
- Parking
- B3-43
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 9,900 /yr
- Last sold
- AED 950K · November 2024
- Building
- Millennium Binghatti Residences
About 1309, Millennium Binghatti Residences
1309 is a studio of 515 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 18 November 2024 for AED 950,000, or AED 1,843 per sqft, in line with the AED 1,843 studios in the building were fetching at the time.
One Ejari contract is registered, from 12 December 2021. The current contract, signed on 12 December 2021, is AED 43,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1309 over time
1309 has sold 3 times; 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 1309 sits
All 118 studios →1309 last sold in November 2024 at AED 1,843 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,843). 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. 1309's AED 43,000 is at the bottom of that range.
| 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 13th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,384 sqft | AED 1.29MAED 1,290,550 · Apr 2024April 2024 | ||
| 1302 | Studio | 528 sqft | AED 775KAED 775,000 · Oct 2023October 2023 | 84,000 /yr | |
| 1303 | 1-bed | 829 sqft | AED 1.15MAED 1,152,037 · Dec 2025December 2025 | ||
| 1304 | 2-bed | 1,394 sqft | AED 1.75MAED 1,750,000 · Feb 2024February 2024 | 180,000 /yr | |
| 1305 | Studio | 525 sqft | AED 1.12MAED 1,117,641 · Jul 2019July 2019 | ||
| 1306 | Studio | 479 sqft | AED 1MAED 1,000,000 · Mar 2024March 2024 | 115,000 /yr | |
| 1307 | Studio | 426 sqft | AED 987KAED 986,716 · Sep 2019September 2019 | ||
| 1308 | 2-bed | 1,315 sqft | AED 1.3MAED 1,300,000 · Jan 2021January 2021 | ||
| 1310 | Studio | 537 sqft | AED 700KAED 699,980 · Feb 2022February 2022 | ||
| 1311 | 1-bed | 840 sqft | AED 1.2MAED 1,200,000 · Sep 2024September 2024 | 99,000 /yr | |
| 1312 | 1-bed | 1,084 sqft | AED 975KAED 975,000 · Sep 2021September 2021 |
1309, Millennium Binghatti Residences in numbers
- Sold 3 times: first on 31 January 2021 for AED 464,904, last on 18 November 2024 for AED 950,000 (AED 1,843 per sqft).
- Rented since December 2021 on one Ejari contract, at AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 9,900 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 18 November 2024.
Questions about 1309, Millennium Binghatti Residences
What did unit 1309 last sell for?
AED 950,000 on 18 November 2024: AED 1,843 per sqft for 515 sqft. The unit has 3 registered sales; the first was AED 464,904 in January 2021.
What is the rent for unit 1309?
AED 43,000 a year on the contract signed on 12 December 2021.
How big is unit 1309?
515 sqft (47.8 sqm): a studio on the 13th floor of a 19-storey tower completed in 2021.
What is unit 1309 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 1309, Millennium Binghatti Residences
Starts from the last sale price (AED 950K, 18 November 2024). 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 →