2-bed · 1,448 sqftMillennium Binghatti Residences, Business Bay · 15th floor · completed 2021

1504, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.55M16 June 2021
Current rentAED 100K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Millennium Binghatti Residences

What is 1504 worth today?

Last sold for AED 1,549,263 in 2021

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1 Sep 2025RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft
1 Sep 2024RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft
1 Sep 2023RentedRenewal
AED 93,500/yr12 months · AED 64 per sqft
1 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 58 per sqft
16 Jun 2021Sold by developerOff-plan
AED 1,549,263AED 1,069 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
15th of 19
Parking
B1-41
Developer
Binghatti
Completed
2021
Service charge
AED 27,800 /yr
Last sold
AED 1.55M · June 2021

About 1504, Millennium Binghatti Residences

1504 is a two-bedroom apartment of 1,448 sqft on the 15th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 16 June 2021 for AED 1,549,263, or AED 1,069 per sqft, 8% above the AED 994 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 100,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 27,800 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in Millennium Binghatti Residences
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,400,000; 2019 AED 1,290,894; 2020 AED 1,546,478; 2021 AED 1,400,000; 2022 AED 1,300,000; 2023 AED 1,350,000; 2024 AED 1,875,000; 2025 AED 2,050,000; 2026 AED 2,050,000Sold by developer, June 2021: AED 1,549,263 (AED 1,069 per sqft)

1504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in Millennium Binghatti Residences
100K150K2021202320252027Typical rent by year: 2021 AED 102,500; 2022 AED 100,000; 2023 AED 117,500; 2024 AED 130,000; 2025 AED 142,000; 2026 AED 140,000New contract, September 2022: AED 85,000 a yearRenewal, September 2023: AED 93,500 a yearRenewal, September 2024: AED 100,000 a yearRenewal, September 2025: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Millennium Binghatti Residences, and where 1504 sits

All 62 2-beds →

1504 last sold in June 2021 at AED 1,069 per sqft, 8% above what two-beds in Millennium Binghatti Residences were fetching at the time (AED 994). Over the last 12 months two-beds sold for AED 1,590,000 to 2,360,000, around AED 1,462 per sqft, and rent for AED 94,426 to 260,000 a year. 1504's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,590,000
8 May 20262,050,000
6 Feb 20262,360,000
27 Oct 20252,550,000
3 2-bed 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
15012-bedAED 1.23M · Jun 2021
1502StudioAED 840K · Sep 2024
15031-bedAED 1.2M · Jan 2026
1505StudioAED 1M · Aug 2024
1506StudioAED 1.01M · Jun 2019
1507StudioAED 900K · Jul 2026
15082-bedAED 1.5M · Jan 2021
1–7 of 11

1504, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 16 June 2021 for AED 1,549,263, or AED 1,069 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 85,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 27,800 a year (AED 19.21 per sqft).
  • Two-beds in Millennium Binghatti Residences sold for AED 1,590,000–2,360,000 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 1 September 2025.

Questions about 1504, Millennium Binghatti Residences

What did unit 1504 last sell for?

AED 1,549,263 on 16 June 2021, sold by the developer: AED 1,069 per sqft for 1,448 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 100,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 100,000; the unit has been rented since September 2022.

How big is unit 1504?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2021.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Millennium Binghatti Residences sold for AED 1,590,000 to 2,360,000 in the last 12 months, around AED 1,462 per sqft.

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Mortgage on 1504, Millennium Binghatti Residences

Starts from the last sale price (AED 1.55M, 16 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,549,263
Deposit, UAE resident (20%)
AED 309,853
Deposit, non-resident (40%)
AED 619,705
Monthly over 25 years at 3.7%
AED 6,339

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