2-bed · 1,448 sqftMillennium Binghatti Residences, Business Bay · 16th floor · completed 2021

1604, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in June 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 16 June 2021
Last soldAED 1.52M16 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Millennium Binghatti Residences

What is 1604 worth today?

Last sold for AED 1,515,490 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Jun 2021Sold by developerOff-plan
AED 1,515,490AED 1,046 per sqft

Source: Dubai Land Department. Updated 16 June 2021.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
16th of 19
Parking
B2-51
Developer
Binghatti
Completed
2021
Service charge
AED 27,800 /yr
Last sold
AED 1.52M · June 2021

About 1604, Millennium Binghatti Residences

1604 is a two-bedroom apartment of 1,448 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 16 June 2021 for AED 1,515,490, or AED 1,046 per sqft, 5% above the AED 994 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1604 over time

Sales
Unit 1604, 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 1,515,490 (AED 1,046 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, each contractTypical two-bed in Millennium Binghatti Residences
100K120K140K2021202320252027Typical 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 140,000

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 1604 sits

All 62 2-beds →

1604 last sold in June 2021 at AED 1,046 per sqft, 5% 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.

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
16012-bedAED 1.14M · Jun 2021
1602StudioAED 600K · Feb 2022
16031-bedAED 1.41M · Jun 2019
1605StudioAED 1.13M · Jan 2020
1606StudioAED 589K · Sep 2020
1607StudioAED 670K · Jan 2022
16082-bedAED 1.65M · Sep 2022
1–7 of 11

1604, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 16 June 2021 for AED 1,515,490, or AED 1,046 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 16 June 2021.

Questions about 1604, Millennium Binghatti Residences

What did unit 1604 last sell for?

AED 1,515,490 on 16 June 2021, sold by the developer: AED 1,046 per sqft for 1,448 sqft. It is the only registered sale of the unit.

How big is unit 1604?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2021.

What is unit 1604 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.

Selling 1604? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1604, Millennium Binghatti Residences

Starts from the last sale price (AED 1.52M, 16 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,515,490
Deposit, UAE resident (20%)
AED 303,098
Deposit, non-resident (40%)
AED 606,196
Monthly over 25 years at 3.7%
AED 6,200

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