1406, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in April 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, Millennium Binghatti Residences
What is 1406 worth today?
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Source: Dubai Land Department. Updated 23 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 475 sqft
- Floor
- 14th of 19
- Parking
- P2-12
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 9,100 /yr
- Last sold
- AED 963K · April 2019
- Building
- Millennium Binghatti Residences
About 1406, Millennium Binghatti Residences
1406 is a studio of 475 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 16 April 2019 for AED 962,598, or AED 2,026 per sqft, 13% above the AED 1,787 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 23 September 2026, is AED 63,000 a year: a gross yield of 6.5% on the 2019 price, before the service charge of about AED 9,100 a year.
Sales and rents for 1406 over time
1406 has sold once; 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 1406 sits
All 118 studios →1406 last sold in April 2019 at AED 2,026 per sqft, 13% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,787). 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. 1406's AED 63,000 is in the lower half 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 14th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,399 sqft | AED 1.35MAED 1,350,000 · Jul 2023July 2023 | ||
| 1402 | Studio | 532 sqft | AED 1MAED 1,000,772 · Feb 2020February 2020 | ||
| 1403 | 1-bed | 820 sqft | AED 1.4MAED 1,399,578 · Jun 2019June 2019 | ||
| 1404 | 2-bed | 1,423 sqft | AED 1.54MAED 1,540,000 · Mar 2021March 2021 | ||
| 1405 | Studio | 528 sqft | AED 1MAED 1,000,000 · Jul 2026July 2026 | 70,000 /yr | |
| 1407 | Studio | 430 sqft | AED 1MAED 1,000,886 · Jul 2019July 2019 | ||
| 1408 | 2-bed | 1,344 sqft | AED 1.59MAED 1,592,956 · Nov 2020November 2020 | 150,000 /yr | |
| 1409 | Studio | 509 sqft | AED 1.02MAED 1,023,892 · Apr 2019April 2019 | ||
| 1410 | Studio | 534 sqft | AED 1.05MAED 1,051,573 · Jul 2019July 2019 | ||
| 1411 | 1-bed | 850 sqft | AED 1.48MAED 1,479,296 · Jul 2019July 2019 | ||
| 1412 | 1-bed | 1,092 sqft | AED 1.55MAED 1,554,948 · Aug 2019August 2019 |
1406, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 16 April 2019 for AED 962,598, or AED 2,026 per sqft.
- Rented since May 2025 on 2 Ejari contracts, from AED 73,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2019 price is 6.5%, before a service charge of about AED 9,100 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 23 September 2026.
Questions about 1406, Millennium Binghatti Residences
What did unit 1406 last sell for?
AED 962,598 on 16 April 2019, sold by the developer: AED 2,026 per sqft for 475 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 63,000 a year on the contract signed on 23 September 2026. The previous contract, from May 2025, was AED 73,000.
How big is unit 1406?
475 sqft (44.1 sqm): a studio on the 14th floor of a 19-storey tower completed in 2021.
What is unit 1406 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 1406, Millennium Binghatti Residences
Starts from the last sale price (AED 963K, 16 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 962,598
- Deposit, UAE resident (20%)
- AED 192,520
- Deposit, non-resident (40%)
- AED 385,039
- Monthly over 25 years at 3.7%
- AED 3,938
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →