Studio · 450 sqftMillennium Binghatti Residences, Business Bay · 17th floor · completed 2021

1707, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 30 September 2026
Last soldAED 995K4 February 2020
Current rentAED 63K /yr30 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Millennium Binghatti Residences

What is 1707 worth today?

Last sold for AED 994,633 in 2020

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30 Sep 2026RentedNew contract
AED 63,000/yr12 months · AED 139 per sqft
13 Sep 2025RentedNew contract
AED 68,000/yr12 months · AED 150 per sqft
31 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 156 per sqft
4 Feb 2020Sold by developerOff-plan
AED 994,633AED 2,211 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type
Studio apartment
Size
450 sqft
Floor
17th of 19
Parking
P3-28
Developer
Binghatti
Completed
2021
Service charge
AED 8,600 /yr
Last sold
AED 995K · February 2020

About 1707, Millennium Binghatti Residences

1707 is a studio of 450 sqft on the 17th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 4 February 2020 for AED 994,633, or AED 2,211 per sqft, 26% above the AED 1,758 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 30 September 2026, is AED 63,000 a year: a gross yield of 6.3% on the 2020 price, before the service charge of about AED 8,600 a year.

Sales and rents for 1707 over time

Sales
Unit 1707, each saleTypical studio in Millennium Binghatti Residences
600K800K1M2018202120242027Typical sale price by year: 2018 AED 768,500; 2019 AED 962,598; 2020 AED 682,000; 2021 AED 650,000; 2022 AED 602,500; 2023 AED 900,000; 2024 AED 950,000; 2025 AED 939,500; 2026 AED 900,000Sold by developer, February 2020: AED 994,633 (AED 2,211 per sqft)

1707 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1707, each contractTypical studio in Millennium Binghatti Residences
60K2021202320252027Typical rent by year: 2021 AED 47,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 72,265; 2026 AED 67,000New contract, August 2024: AED 70,000 a yearNew contract, September 2025: AED 68,000 a yearNew contract, September 2026: AED 63,000 a year

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 1707 sits

All 118 studios →

1707 last sold in February 2020 at AED 2,211 per sqft, 26% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,758). 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. 1707's AED 63,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Jul 2026900,000
3 Jul 20261,000,000
24 Apr 2026725,000
11 Mar 2026860,000
6 studio 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
17042-bedAED 2.7M · Apr 2024
1705StudioAED 1M · Nov 2023
1706StudioAED 653K · Oct 2021
17082-bedAED 2.36M · Feb 2026
1–7 of 11

1707, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 4 February 2020 for AED 994,633, or AED 2,211 per sqft.
  • Rented since August 2024 on 3 Ejari contracts, from AED 70,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2020 price is 6.3%, before a service charge of about AED 8,600 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 30 September 2026.

Questions about 1707, Millennium Binghatti Residences

What did unit 1707 last sell for?

AED 994,633 on 4 February 2020, sold by the developer: AED 2,211 per sqft for 450 sqft. It is the only registered sale of the unit.

What is the rent for unit 1707?

AED 63,000 a year on the contract signed on 30 September 2026. The previous contract, from September 2025, was AED 68,000; the unit has been rented since August 2024.

How big is unit 1707?

450 sqft (41.8 sqm): a studio on the 17th floor of a 19-storey tower completed in 2021.

What is unit 1707 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 1707, Millennium Binghatti Residences

Starts from the last sale price (AED 995K, 4 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 994,633
Deposit, UAE resident (20%)
AED 198,927
Deposit, non-resident (40%)
AED 397,853
Monthly over 25 years at 3.7%
AED 4,069

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