1605, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in January 2020, 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 1605, Millennium Binghatti Residences
What is 1605 worth today?
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Source: Dubai Land Department. Updated 6 January 2020.
Key facts
- Type
- Studio apartment
- Size
- 541 sqft
- Floor
- 16th of 19
- Parking
- B2-30
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 10,400 /yr
- Last sold
- AED 1.13M · January 2020
- Building
- Millennium Binghatti Residences
About 1605, Millennium Binghatti Residences
1605 is a studio of 541 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 6 January 2020 for AED 1,133,584, or AED 2,094 per sqft, 17% above the AED 1,793 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1605 over time
1605 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 1605 sits
All 118 studios →1605 last sold in January 2020 at AED 2,094 per sqft, 17% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,793). 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 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 | |
| 1603 | 1-bed | 822 sqft | AED 1.41MAED 1,412,570 · Jun 2019June 2019 | 85,000 /yr | |
| 1604 | 2-bed | 1,448 sqft | AED 1.52MAED 1,515,490 · Jun 2021June 2021 | ||
| 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 |
1605, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 6 January 2020 for AED 1,133,584, or AED 2,094 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 6 January 2020.
Questions about 1605, Millennium Binghatti Residences
What did unit 1605 last sell for?
AED 1,133,584 on 6 January 2020, sold by the developer: AED 2,094 per sqft for 541 sqft. It is the only registered sale of the unit.
How big is unit 1605?
541 sqft (50.3 sqm): a studio on the 16th floor of a 19-storey tower completed in 2021.
What is unit 1605 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 1605, Millennium Binghatti Residences
Starts from the last sale price (AED 1.13M, 6 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,133,584
- Deposit, UAE resident (20%)
- AED 226,717
- Deposit, non-resident (40%)
- AED 453,434
- Monthly over 25 years at 3.7%
- AED 4,638
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →