Studio · 459 sqftMillennium Binghatti Residences, Business Bay · 19th floor · completed 2021

1906, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1906 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 1.06M11 February 2020
Current rentAED 70K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1906, Millennium Binghatti Residences

What is 1906 worth today?

Last sold for AED 1,061,405 in 2020

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20 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 153 per sqft
30 Nov 2024RentedNew contract
AED 68,000/yr12 months · AED 147 per sqft
13 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 142 per sqft
6 Feb 2022RentedNew contract
AED 52,000/yr12 months · AED 113 per sqft
11 Feb 2020Sold by developerOff-plan
AED 1,061,405AED 2,314 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
Studio apartment
Size
459 sqft
Floor
19th of 19
Parking
B2-42
Developer
Binghatti
Completed
2021
Service charge
AED 8,800 /yr
Last sold
AED 1.06M · February 2020

About 1906, Millennium Binghatti Residences

1906 is a studio of 459 sqft on the 19th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 11 February 2020 for AED 1,061,405, or AED 2,314 per sqft, 29% above the AED 1,793 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 20 December 2025, is AED 70,000 a year: a gross yield of 6.6% on the 2020 price, before the service charge of about AED 8,800 a year.

Sales and rents for 1906 over time

Sales
Unit 1906, each saleTypical studio in Millennium Binghatti Residences
750K1M2018202120242027Typical 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 1,061,405 (AED 2,314 per sqft)

1906 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1906, 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, February 2022: AED 52,000 a yearNew contract, February 2023: AED 65,000 a yearNew contract, November 2024: AED 68,000 a yearNew contract, December 2025: 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 1906 sits

All 118 studios →

1906 last sold in February 2020 at AED 2,314 per sqft, 29% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,793). 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. 1906'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
19012-bedAED 1.17M · Jun 2021
1902StudioAED 696K · Aug 2021
19031-bedAED 1.29M · Aug 2025
19042-bedAED 1.58M · Sep 2021
1905StudioAED 739K · Oct 2021
1907StudioAED 1.06M · Feb 2020
19082-bedAED 1.4M · Jun 2021
1–7 of 11

1906, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 11 February 2020 for AED 1,061,405, or AED 2,314 per sqft.
  • Rented since February 2022 on 4 Ejari contracts, from AED 52,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 6.6%, 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 20 December 2025.

Questions about 1906, Millennium Binghatti Residences

What did unit 1906 last sell for?

AED 1,061,405 on 11 February 2020, sold by the developer: AED 2,314 per sqft for 459 sqft. It is the only registered sale of the unit.

What is the rent for unit 1906?

AED 70,000 a year on the contract signed on 20 December 2025. The previous contract, from November 2024, was AED 68,000; the unit has been rented since February 2022.

How big is unit 1906?

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

What is unit 1906 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 1906, Millennium Binghatti Residences

Starts from the last sale price (AED 1.06M, 11 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,061,405
Deposit, UAE resident (20%)
AED 212,281
Deposit, non-resident (40%)
AED 424,562
Monthly over 25 years at 3.7%
AED 4,343

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