1508, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in January 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Millennium Binghatti Residences
What is 1508 worth today?
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Source: Dubai Land Department. Updated 23 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,358 sqft
- Floor
- 15th of 19
- Parking
- P2-22
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 26,100 /yr
- Last sold
- AED 1.5M · January 2021
- Building
- Millennium Binghatti Residences
About 1508, Millennium Binghatti Residences
1508 is a two-bedroom apartment of 1,358 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 4 January 2021 for AED 1,500,000, or AED 1,104 per sqft, in line with the AED 1,104 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 23 January 2023, is AED 114,307 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 26,100 a year.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the two-bed median of each year in the building.
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 1508 sits
All 62 2-beds →1508 last sold in January 2021 at AED 1,104 per sqft, in line with what two-beds in Millennium Binghatti Residences were fetching at the time (AED 1,104). 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. 1508's AED 114,307 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,393 sqft | 1,590,000 | 1,141 | ||
| 8 May 20268 May 2026 | 1,402 sqft | 2,050,000 | 1,462 | ||
| 6 Feb 20266 February 2026 | 1,428 sqft | 2,360,000 | 1,652 | ||
| 27 Oct 202527 October 2025 | 1,310 sqft | 2,550,000 | 1,947 |
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 | |
| 1506 | Studio | 470 sqft | AED 1.01MAED 1,005,720 · Jun 2019June 2019 | ||
| 1507 | Studio | 436 sqft | AED 900KAED 900,000 · Jul 2026July 2026 | ||
| 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 |
1508, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 4 January 2021 for AED 1,500,000, or AED 1,104 per sqft.
- Rented since January 2022 on 2 Ejari contracts, from AED 114,000 to AED 114,307 a year.
- At AED 114,307 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 26,100 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 23 January 2023.
Questions about 1508, Millennium Binghatti Residences
What did unit 1508 last sell for?
AED 1,500,000 on 4 January 2021, sold by the developer: AED 1,104 per sqft for 1,358 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 114,307 a year on the contract renewed on 23 January 2023. The previous contract, from January 2022, was AED 114,000.
How big is unit 1508?
1,358 sqft (126.2 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2021.
What is unit 1508 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 1508, Millennium Binghatti Residences
Starts from the last sale price (AED 1.5M, 4 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →