2-bed · 1,508 sqftMillennium Binghatti Residences, Business Bay · 17th floor · completed 2021

1704, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 2.7M5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Millennium Binghatti Residences

What is 1704 worth today?

Last sold for AED 2,700,000 in 2024

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5 Apr 2024SoldReady
AED 2,700,000AED 1,791 per sqft
16 Jun 2021Sold by developerOff-plan
AED 1,564,795AED 1,080 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
2-bed apartment
Size
1,508 sqft
Floor
17th of 19
Parking
B1-45
Developer
Binghatti
Completed
2021
Service charge
AED 29,000 /yr
Last sold
AED 2.7M · April 2024

About 1704, Millennium Binghatti Residences

1704 is a two-bedroom apartment of 1,508 sqft on the 17th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 5 April 2024 for AED 2,700,000, or AED 1,791 per sqft, 61% above the AED 1,110 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Millennium Binghatti Residences
2M2018202120242027Typical 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 1,564,795 (AED 1,080 per sqft)Sold, April 2024: AED 2,700,000 (AED 1,791 per sqft)

1704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, 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 1704 sits

All 62 2-beds →

1704 last sold in April 2024 at AED 1,791 per sqft, 61% above what two-beds in Millennium Binghatti Residences were fetching at the time (AED 1,110). 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
17012-bedAED 1.23M · Oct 2021
1702StudioAED 689K · Mar 2021
17031-bedAED 908K · Jun 2021
1705StudioAED 1M · Nov 2023
1706StudioAED 653K · Oct 2021
1707StudioAED 995K · Feb 2020
17082-bedAED 2.36M · Feb 2026
1–7 of 11

1704, Millennium Binghatti Residences in numbers

  • Sold twice: first on 16 June 2021 for AED 1,564,795, last on 5 April 2024 for AED 2,700,000 (AED 1,791 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 5 April 2024.

Questions about 1704, Millennium Binghatti Residences

What did unit 1704 last sell for?

AED 2,700,000 on 5 April 2024: AED 1,791 per sqft for 1,508 sqft. The unit has 2 registered sales; the first was AED 1,564,795 in June 2021.

How big is unit 1704?

1,508 sqft (140.1 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2021.

What is unit 1704 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 1704, Millennium Binghatti Residences

Starts from the last sale price (AED 2.7M, 5 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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