Studio · 459 sqftMillennium Binghatti Residences, Business Bay · 18th floor · completed 2021

1806, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1806 · DLD and Ejari recordsUpdated 27 August 2026
Last soldAED 975K30 November 2023
Current rentAED 70K /yr27 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1806, Millennium Binghatti Residences

What is 1806 worth today?

Last sold for AED 975,000 in 2023

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27 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 153 per sqft
1 Aug 2025RentedNew contract
AED 78,000/yr12 months · AED 170 per sqft
30 Jul 2024RentedNew contract
AED 85,000/yr12 months · AED 185 per sqft
30 Nov 2023SoldReady
AED 975,000AED 2,125 per sqft
3 Sep 2022RentedNew contract
AED 62,609/yr12 months · AED 136 per sqft
31 Oct 2021Sold by developerReady
AED 742,500AED 1,618 per sqft

Source: Dubai Land Department. Updated 27 August 2026.

Key facts

Type
Studio apartment
Size
459 sqft
Floor
18th of 19
Parking
P2-16
Developer
Binghatti
Completed
2021
Service charge
AED 8,800 /yr
Last sold
AED 975K · November 2023

About 1806, Millennium Binghatti Residences

1806 is a studio of 459 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 30 November 2023 for AED 975,000, or AED 2,125 per sqft, 16% above the AED 1,837 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 27 August 2026, is AED 70,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 8,800 a year.

Sales and rents for 1806 over time

Sales
Unit 1806, 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, October 2021: AED 742,500 (AED 1,618 per sqft)Sold, November 2023: AED 975,000 (AED 2,125 per sqft)

1806 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1806, each contractTypical studio in Millennium Binghatti Residences
60K80K2021202320252027Typical 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, September 2022: AED 62,609 a yearNew contract, July 2024: AED 85,000 a yearNew contract, August 2025: AED 78,000 a yearNew contract, August 2026: AED 70,000 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 1806 sits

All 118 studios →

1806 last sold in November 2023 at AED 2,125 per sqft, 16% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,837). 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. 1806's AED 70,000 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
1802StudioAED 860K · Jun 2024
18031-bedAED 950K · Mar 2023
18042-bedAED 1.3M · Jun 2021
1805StudioAED 870K · Mar 2023
1807StudioAED 710K · Oct 2021
18082-bedAED 2.2M · May 2024
1–7 of 11

1806, Millennium Binghatti Residences in numbers

  • Sold twice: first on 31 October 2021 for AED 742,500, last on 30 November 2023 for AED 975,000 (AED 2,125 per sqft).
  • Rented since September 2022 on 4 Ejari contracts, from AED 62,609 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 8,800 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 27 August 2026.

Questions about 1806, Millennium Binghatti Residences

What did unit 1806 last sell for?

AED 975,000 on 30 November 2023: AED 2,125 per sqft for 459 sqft. The unit has 2 registered sales; the first was AED 742,500 in October 2021.

What is the rent for unit 1806?

AED 70,000 a year on the contract signed on 27 August 2026. The previous contract, from August 2025, was AED 78,000; the unit has been rented since September 2022.

How big is unit 1806?

459 sqft (42.6 sqm): a studio on the 18th floor of a 19-storey tower completed in 2021.

What is unit 1806 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 1806, Millennium Binghatti Residences

Starts from the last sale price (AED 975K, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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