Studio · 532 sqftMillennium Binghatti Residences, Business Bay · 18th floor · completed 2021

1802, Millennium Binghatti Residences

Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 860K6 June 2024
Current rentAED 65K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Millennium Binghatti Residences

What is 1802 worth today?

Last sold for AED 860,000 in 2024

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25 May 2025RentedNew contract
AED 65,000/yr12 months · AED 123 per sqft
6 Jun 2024SoldReady
AED 860,000AED 1,617 per sqft
15 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 122 per sqft
6 Mar 2023SoldReady
AED 650,000AED 1,222 per sqft
15 Oct 2022RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
30 Aug 2021Sold by developerReady
AED 646,000AED 1,215 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
Studio apartment
Size
532 sqft
Floor
18th of 19
Parking
B2-24
Developer
Binghatti
Completed
2021
Service charge
AED 10,200 /yr
Last sold
AED 860K · June 2024

About 1802, Millennium Binghatti Residences

1802 is a studio of 532 sqft on the 18th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 6 June 2024 for AED 860,000, or AED 1,617 per sqft, 13% below the AED 1,850 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 25 May 2025, is AED 65,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, August 2021: AED 646,000 (AED 1,215 per sqft)Sold, March 2023: AED 650,000 (AED 1,222 per sqft)Sold, June 2024: AED 860,000 (AED 1,617 per sqft)

1802 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1802, 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, October 2022: AED 45,000 a yearNew contract, October 2023: AED 65,000 a yearNew contract, May 2025: AED 65,000 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 1802 sits

All 118 studios →

1802 last sold in June 2024 at AED 1,617 per sqft, 13% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,850). 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. 1802's AED 65,000 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
18012-bedAED 1.59M · Jul 2026
18031-bedAED 950K · Mar 2023
18042-bedAED 1.3M · Jun 2021
1805StudioAED 870K · Mar 2023
1806StudioAED 975K · Nov 2023
1807StudioAED 710K · Oct 2021
18082-bedAED 2.2M · May 2024
1–7 of 11

1802, Millennium Binghatti Residences in numbers

  • Sold 3 times: first on 30 August 2021 for AED 646,000, last on 6 June 2024 for AED 860,000 (AED 1,617 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 45,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 10,200 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 25 May 2025.

Questions about 1802, Millennium Binghatti Residences

What did unit 1802 last sell for?

AED 860,000 on 6 June 2024: AED 1,617 per sqft for 532 sqft. The unit has 3 registered sales; the first was AED 646,000 in August 2021.

What is the rent for unit 1802?

AED 65,000 a year on the contract signed on 25 May 2025. The previous contract, from October 2023, was AED 65,000; the unit has been rented since October 2022.

How big is unit 1802?

532 sqft (49.4 sqm): a studio on the 18th floor of a 19-storey tower completed in 2021.

What is unit 1802 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 1802, Millennium Binghatti Residences

Starts from the last sale price (AED 860K, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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