1603, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in June 2019, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Millennium Binghatti Residences
What is 1603 worth today?
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Source: Dubai Land Department. Updated 23 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 822 sqft
- Floor
- 16th of 19
- Parking
- P1-30
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 15,800 /yr
- Last sold
- AED 1.41M · June 2019
- Building
- Millennium Binghatti Residences
About 1603, Millennium Binghatti Residences
1603 is a one-bedroom apartment of 822 sqft on the 16th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 19 June 2019 for AED 1,412,570, or AED 1,719 per sqft, in line with the AED 1,695 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 April 2026. The current contract, signed on 23 April 2026, is AED 85,000 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 15,800 a year.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Millennium Binghatti Residences, and where 1603 sits
All 60 1-beds →1603 last sold in June 2019 at AED 1,719 per sqft, in line with what one-beds in Millennium Binghatti Residences were fetching at the time (AED 1,695). Over the last 12 months one-beds sold for AED 1,152,037 to 2,167,000, around AED 1,447 per sqft, and rent for AED 70,000 to 130,000 a year. 1603's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 1,099 sqft | 1,400,000 | 1,273 | ||
| 13 Aug 202613 August 2026 | 829 sqft | 2,167,000 | 2,614 | ||
| 16 Mar 202616 March 2026 | 1,093 sqft | 1,550,000 | 1,418 | ||
| 6 Feb 20266 February 2026 | 846 sqft | 1,250,000 | 1,478 |
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 16th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,414 sqft | AED 1.14MAED 1,138,634 · Jun 2021June 2021 | 115,000 /yr | |
| 1602 | Studio | 523 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 70,000 /yr | |
| 1604 | 2-bed | 1,448 sqft | AED 1.52MAED 1,515,490 · Jun 2021June 2021 | ||
| 1605 | Studio | 541 sqft | AED 1.13MAED 1,133,584 · Jan 2020January 2020 | ||
| 1606 | Studio | 465 sqft | AED 589KAED 588,704 · Sep 2020September 2020 | ||
| 1607 | Studio | 443 sqft | AED 670KAED 670,000 · Jan 2022January 2022 | 64,000 /yr | |
| 1608 | 2-bed | 1,419 sqft | AED 1.65MAED 1,650,000 · Sep 2022September 2022 | 130,000 /yr | |
| 1609 | Studio | 518 sqft | AED 650KAED 650,000 · Aug 2021August 2021 | 75,000 /yr | |
| 1610 | Studio | 527 sqft | AED 620KAED 620,000 · Nov 2021November 2021 | ||
| 1611 | 1-bed | 841 sqft | AED 1.52MAED 1,518,588 · Jun 2019June 2019 | ||
| 1612 | 1-bed | 1,107 sqft | AED 900KAED 900,000 · Feb 2022February 2022 | 100,000 /yr |
1603, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 19 June 2019 for AED 1,412,570, or AED 1,719 per sqft.
- Rented since April 2026 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2019 price is 6.0%, before a service charge of about AED 15,800 a year (AED 19.21 per sqft).
- One-beds in Millennium Binghatti Residences sold for AED 1,152,037–2,167,000 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 April 2026.
Questions about 1603, Millennium Binghatti Residences
What did unit 1603 last sell for?
AED 1,412,570 on 19 June 2019, sold by the developer: AED 1,719 per sqft for 822 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 85,000 a year on the contract signed on 23 April 2026.
How big is unit 1603?
822 sqft (76.4 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2021.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millennium Binghatti Residences sold for AED 1,152,037 to 2,167,000 in the last 12 months, around AED 1,447 per sqft.
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Mortgage on 1603, Millennium Binghatti Residences
Starts from the last sale price (AED 1.41M, 19 June 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,412,570
- Deposit, UAE resident (20%)
- AED 282,514
- Deposit, non-resident (40%)
- AED 565,028
- Monthly over 25 years at 3.7%
- AED 5,779
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →