Studio · 544 sqftMillennium Binghatti Residences, Business Bay · 18th floor · completed 2021

1809, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1809 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 600K16 February 2022
Current rentAED 65K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1809, Millennium Binghatti Residences

What is 1809 worth today?

Last sold for AED 600,000 in 2022

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15 Feb 2026RentedRenewal
AED 65,100/yr12 months · AED 120 per sqft
15 Feb 2025RentedNew contract
AED 62,000/yr12 months · AED 114 per sqft
10 Dec 2023RentedNew contract
AED 50,820/yr12 months · AED 93 per sqft
16 Feb 2022SoldReady
AED 600,000AED 1,102 per sqft
10 Dec 2021RentedNew contract
AED 44,000/yr12 months · AED 80 per sqft
25 Jan 2021Sold by developerOff-plan
AED 490,383AED 966 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
Studio apartment
Size
544 sqft
Floor
18th of 19
Parking
B3-46
Developer
Binghatti
Completed
2021
Service charge
AED 10,500 /yr
Last sold
AED 600K · February 2022

About 1809, Millennium Binghatti Residences

1809 is a studio of 544 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 16 February 2022 for AED 600,000, or AED 1,102 per sqft, 12% below the AED 1,259 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 65,100 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1809 over time

Sales
Unit 1809, each saleTypical studio in Millennium Binghatti Residences
500K750K1M2018202120242027Typical 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, January 2021: AED 490,383 (AED 966 per sqft)Sold, February 2022: AED 600,000 (AED 1,102 per sqft)

1809 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1809, each contractTypical studio in Millennium Binghatti Residences
40K60K2021202320252027Typical 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, December 2021: AED 44,000 a yearNew contract, December 2023: AED 50,820 a yearNew contract, February 2025: AED 62,000 a yearRenewal, February 2026: AED 65,100 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 1809 sits

All 118 studios →

1809 last sold in February 2022 at AED 1,102 per sqft, 12% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,259). 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. 1809's AED 65,100 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
1806StudioAED 975K · Nov 2023
1807StudioAED 710K · Oct 2021
1–7 of 11

1809, Millennium Binghatti Residences in numbers

  • Sold twice: first on 25 January 2021 for AED 490,383, last on 16 February 2022 for AED 600,000 (AED 1,102 per sqft).
  • Rented since December 2021 on 4 Ejari contracts, from AED 44,000 to AED 65,100 a year.
  • At AED 65,100 a year the gross yield on the 2022 price is 10.8%, 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 15 February 2026.

Questions about 1809, Millennium Binghatti Residences

What did unit 1809 last sell for?

AED 600,000 on 16 February 2022: AED 1,102 per sqft for 544 sqft. The unit has 2 registered sales; the first was AED 490,383 in January 2021.

What is the rent for unit 1809?

AED 65,100 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 62,000; the unit has been rented since December 2021.

How big is unit 1809?

544 sqft (50.5 sqm): a studio on the 18th floor of a 19-storey tower completed in 2021.

What is unit 1809 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 1809, Millennium Binghatti Residences

Starts from the last sale price (AED 600K, 16 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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