Studio · 532 sqftMillennium Binghatti Residences, Business Bay · 14th floor · completed 2021

1402, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 10 February 2020
Last soldAED 1M10 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Millennium Binghatti Residences

What is 1402 worth today?

Last sold for AED 1,000,772 in 2020

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10 Feb 2020Sold by developerOff-plan
AED 1,000,772AED 1,880 per sqft

Source: Dubai Land Department. Updated 10 February 2020.

Key facts

Type
Studio apartment
Size
532 sqft
Floor
14th of 19
Parking
P2-14
Developer
Binghatti
Completed
2021
Service charge
AED 10,200 /yr
Last sold
AED 1M · February 2020

About 1402, Millennium Binghatti Residences

1402 is a studio of 532 sqft on the 14th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 10 February 2020 for AED 1,000,772, or AED 1,880 per sqft, 7% above the AED 1,752 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, February 2020: AED 1,000,772 (AED 1,880 per sqft)

1402 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, 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 1402 sits

All 118 studios →

1402 last sold in February 2020 at AED 1,880 per sqft, 7% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,752). 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
14012-bedAED 1.35M · Jul 2023
14031-bedAED 1.4M · Jun 2019
14042-bedAED 1.54M · Mar 2021
1405StudioAED 1M · Jul 2026
1406StudioAED 963K · Apr 2019
1407StudioAED 1M · Jul 2019
14082-bedAED 1.59M · Nov 2020
1–7 of 11

1402, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 10 February 2020 for AED 1,000,772, or AED 1,880 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 10 February 2020.

Questions about 1402, Millennium Binghatti Residences

What did unit 1402 last sell for?

AED 1,000,772 on 10 February 2020, sold by the developer: AED 1,880 per sqft for 532 sqft. It is the only registered sale of the unit.

How big is unit 1402?

532 sqft (49.4 sqm): a studio on the 14th floor of a 19-storey tower completed in 2021.

What is unit 1402 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 1402, Millennium Binghatti Residences

Starts from the last sale price (AED 1M, 10 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,772
Deposit, UAE resident (20%)
AED 200,154
Deposit, non-resident (40%)
AED 400,309
Monthly over 25 years at 3.7%
AED 4,094

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