1705, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in November 2023, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1705, Millennium Binghatti Residences
What is 1705 worth today?
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Source: Dubai Land Department. Updated 29 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 548 sqft
- Floor
- 17th of 19
- Parking
- B2-65
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1M · November 2023
- Building
- Millennium Binghatti Residences
About 1705, Millennium Binghatti Residences
1705 is a studio of 548 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 29 November 2023 for AED 1,000,000, or AED 1,824 per sqft, in line with the AED 1,824 studios in the building were fetching at the time.
One Ejari contract is registered, from 29 January 2022. The current contract, signed on 29 January 2022, is AED 47,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1705 over time
1705 has sold twice; 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 1705 sits
All 118 studios →1705 last sold in November 2023 at AED 1,824 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,824). 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. 1705's AED 47,000 is at the bottom of that range.
| 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 17th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,403 sqft | AED 1.23MAED 1,227,250 · Oct 2021October 2021 | 110,000 /yr | |
| 1702 | Studio | 522 sqft | AED 689KAED 689,044 · Mar 2021March 2021 | 60,000 /yr | |
| 1703 | 1-bed | 810 sqft | AED 908KAED 907,783 · Jun 2021June 2021 | ||
| 1704 | 2-bed | 1,508 sqft | AED 2.7MAED 2,700,000 · Apr 2024April 2024 | ||
| 1706 | Studio | 461 sqft | AED 653KAED 652,960 · Oct 2021October 2021 | ||
| 1707 | Studio | 450 sqft | AED 995KAED 994,633 · Feb 2020February 2020 | 63,000 /yr | |
| 1708 | 2-bed | 1,428 sqft | AED 2.36MAED 2,360,000 · Feb 2026February 2026 | 140,000 /yr | |
| 1709 | Studio | 508 sqft | AED 629KAED 629,075 · Nov 2020November 2020 | 55,000 /yr | |
| 1710 | Studio | 536 sqft | AED 634KAED 633,773 · Nov 2020November 2020 | 68,000 /yr | |
| 1711 | 1-bed | 835 sqft | AED 1.29MAED 1,290,000 · Aug 2025August 2025 | 110,000 /yr | |
| 1712 | 1-bed | 1,102 sqft | AED 1.29MAED 1,291,565 · Nov 2023November 2023 | 110,000 /yr |
1705, Millennium Binghatti Residences in numbers
- Sold twice: first on 19 November 2020 for AED 644,196, last on 29 November 2023 for AED 1,000,000 (AED 1,824 per sqft).
- Rented since January 2022 on one Ejari contract, at AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 10,500 a year (AED 19.21 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 29 November 2023.
Questions about 1705, Millennium Binghatti Residences
What did unit 1705 last sell for?
AED 1,000,000 on 29 November 2023: AED 1,824 per sqft for 548 sqft. The unit has 2 registered sales; the first was AED 644,196 in November 2020.
What is the rent for unit 1705?
AED 47,000 a year on the contract signed on 29 January 2022.
How big is unit 1705?
548 sqft (50.9 sqm): a studio on the 17th floor of a 19-storey tower completed in 2021.
What is unit 1705 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 1705, Millennium Binghatti Residences
Starts from the last sale price (AED 1M, 29 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →