1506, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in June 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Millennium Binghatti Residences
What is 1506 worth today?
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Source: Dubai Land Department. Updated 17 June 2019.
Key facts
- Type
- Studio apartment
- Size
- 470 sqft
- Floor
- 15th of 19
- Parking
- B2-35
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 9,000 /yr
- Last sold
- AED 1.01M · June 2019
- Building
- Millennium Binghatti Residences
About 1506, Millennium Binghatti Residences
1506 is a studio of 470 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 17 June 2019 for AED 1,005,720, or AED 2,141 per sqft, 44% above the AED 1,486 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1506 over time
1506 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 1506 sits
All 118 studios →1506 last sold in June 2019 at AED 2,141 per sqft, 44% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,486). 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 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 15th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,413 sqft | AED 1.23MAED 1,231,489 · Jun 2021June 2021 | ||
| 1502 | Studio | 529 sqft | AED 840KAED 840,000 · Sep 2024September 2024 | 60,000 /yr | |
| 1503 | 1-bed | 813 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | 79,339 /yr | |
| 1504 | 2-bed | 1,448 sqft | AED 1.55MAED 1,549,263 · Jun 2021June 2021 | 100,000 /yr | |
| 1505 | Studio | 534 sqft | AED 1MAED 1,000,000 · Aug 2024August 2024 | 65,000 /yr | |
| 1507 | Studio | 436 sqft | AED 900KAED 900,000 · Jul 2026July 2026 | ||
| 1508 | 2-bed | 1,358 sqft | AED 1.5MAED 1,500,000 · Jan 2021January 2021 | 114,307 /yr | |
| 1509 | Studio | 508 sqft | AED 950KAED 950,000 · May 2024May 2024 | ||
| 1510 | Studio | 527 sqft | AED 1.06MAED 1,056,638 · Apr 2019April 2019 | ||
| 1511 | 1-bed | 851 sqft | AED 1.49MAED 1,486,424 · Apr 2019April 2019 | ||
| 1512 | 1-bed | 1,103 sqft | AED 1.56MAED 1,562,329 · Aug 2019August 2019 |
1506, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 17 June 2019 for AED 1,005,720, or AED 2,141 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 17 June 2019.
Questions about 1506, Millennium Binghatti Residences
What did unit 1506 last sell for?
AED 1,005,720 on 17 June 2019, sold by the developer: AED 2,141 per sqft for 470 sqft. It is the only registered sale of the unit.
How big is unit 1506?
470 sqft (43.7 sqm): a studio on the 15th floor of a 19-storey tower completed in 2021.
What is unit 1506 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 1506, Millennium Binghatti Residences
Starts from the last sale price (AED 1.01M, 17 June 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,005,720
- Deposit, UAE resident (20%)
- AED 201,144
- Deposit, non-resident (40%)
- AED 402,288
- Monthly over 25 years at 3.7%
- AED 4,115
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →