1-bed · 1,102 sqftMillennium Binghatti Residences, Business Bay · 17th floor · completed 2021

1712, Millennium Binghatti Residences

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1712 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.29M21 November 2023
Current rentAED 110K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1712, Millennium Binghatti Residences

What is 1712 worth today?

Last sold for AED 1,291,565 in 2023

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1 Feb 2026RentedRenewal
AED 110,000/yr12 months · AED 100 per sqft
1 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 100 per sqft
1 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 100 per sqft
21 Nov 2023SoldReady
AED 1,291,565AED 1,171 per sqft
8 Aug 2022SoldReady
AED 1,075,000AED 975 per sqft
8 Jun 2021Sold by developerOff-plan
AED 825,000AED 748 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
1,102 sqft
Floor
17th of 19
Parking
B1-51
Developer
Binghatti
Completed
2021
Service charge
AED 21,200 /yr
Last sold
AED 1.29M · November 2023

About 1712, Millennium Binghatti Residences

1712 is a one-bedroom apartment of 1,102 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 21 November 2023 for AED 1,291,565, or AED 1,171 per sqft, 7% above the AED 1,090 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 110,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 21,200 a year.

Sales and rents for 1712 over time

Sales
Unit 1712, each saleTypical one-bed in Millennium Binghatti Residences
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,412,570; 2020 AED 910,000; 2021 AED 917,116; 2022 AED 930,000; 2023 AED 1,150,000; 2024 AED 1,300,000; 2025 AED 1,250,000; 2026 AED 1,400,000Sold by developer, June 2021: AED 825,000 (AED 748 per sqft)Sold, August 2022: AED 1,075,000 (AED 975 per sqft)Sold, November 2023: AED 1,291,565 (AED 1,171 per sqft)

1712 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1712, each contractTypical one-bed in Millennium Binghatti Residences
60K80K100K2021202320252027Typical rent by year: 2021 AED 72,000; 2022 AED 67,000; 2023 AED 80,000; 2024 AED 84,000; 2025 AED 90,000; 2026 AED 85,000New contract, February 2025: AED 110,000 a yearNew contract, February 2025: AED 110,000 a yearRenewal, February 2026: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Millennium Binghatti Residences, and where 1712 sits

All 60 1-beds →

1712 last sold in November 2023 at AED 1,171 per sqft, 7% above what one-beds in Millennium Binghatti Residences were fetching at the time (AED 1,090). Over the last 12 months one-beds sold for AED 1,152,037 to 2,167,000, around AED 1,447 per sqft, and rent for AED 70,000 to 130,000 a year. 1712's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 20261,400,000
13 Aug 20262,167,000
16 Mar 20261,550,000
6 Feb 20261,250,000
8 1-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
17042-bedAED 2.7M · Apr 2024
1705StudioAED 1M · Nov 2023
1706StudioAED 653K · Oct 2021
1707StudioAED 995K · Feb 2020
1–7 of 11

1712, Millennium Binghatti Residences in numbers

  • Sold 3 times: first on 8 June 2021 for AED 825,000, last on 21 November 2023 for AED 1,291,565 (AED 1,171 per sqft).
  • Rented since February 2025 on 3 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 21,200 a year (AED 19.21 per sqft).
  • One-beds in Millennium Binghatti Residences sold for AED 1,152,037–2,167,000 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 1 February 2026.

Questions about 1712, Millennium Binghatti Residences

What did unit 1712 last sell for?

AED 1,291,565 on 21 November 2023: AED 1,171 per sqft for 1,102 sqft. The unit has 3 registered sales; the first was AED 825,000 in June 2021.

What is the rent for unit 1712?

AED 110,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 110,000; the unit has been rented since February 2025.

How big is unit 1712?

1,102 sqft (102.4 sqm): a one-bedroom apartment on the 17th floor of a 19-storey tower completed in 2021.

What is unit 1712 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millennium Binghatti Residences sold for AED 1,152,037 to 2,167,000 in the last 12 months, around AED 1,447 per sqft.

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Mortgage on 1712, Millennium Binghatti Residences

Starts from the last sale price (AED 1.29M, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,291,565
Deposit, UAE resident (20%)
AED 258,313
Deposit, non-resident (40%)
AED 516,626
Monthly over 25 years at 3.7%
AED 5,284

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