Studio · 532 sqftMillennium Binghatti Residences, Business Bay · 2nd floor · completed 2021

202, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 820K28 February 2025
Current rentAED 55K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Millennium Binghatti Residences

What is 202 worth today?

Last sold for AED 820,000 in 2025

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10 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 104 per sqft
10 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 104 per sqft
28 Feb 2025SoldReady
AED 820,000AED 1,542 per sqft
10 Apr 2024RentedRenewal
AED 50,000/yr12 months · AED 95 per sqft
10 Apr 2023RentedRenewal
AED 45,000/yr12 months · AED 85 per sqft
10 Apr 2022RentedNew contract
AED 43,000/yr12 months · AED 82 per sqft
8 Sep 2020Sold by developerOff-plan
AED 682,000AED 1,282 per sqft

Source: Dubai Land Department. Updated 10 April 2025.

Key facts

Type
Studio apartment
Size
532 sqft
Floor
2nd of 19
Parking
P2-26
Developer
Binghatti
Completed
2021
Service charge
AED 10,200 /yr
Last sold
AED 820K · February 2025

About 202, Millennium Binghatti Residences

202 is a studio of 532 sqft on the 2nd floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 28 February 2025 for AED 820,000, or AED 1,542 per sqft, 13% below the AED 1,766 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 10 April 2025, is AED 55,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 10,200 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, September 2020: AED 682,000 (AED 1,282 per sqft)Sold, February 2025: AED 820,000 (AED 1,542 per sqft)

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

Rents
Unit 202, 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, April 2022: AED 43,000 a yearRenewal, April 2023: AED 45,000 a yearRenewal, April 2024: AED 50,000 a yearNew contract, April 2025: AED 55,000 a yearNew contract, April 2025: AED 55,000 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 202 sits

All 118 studios →

202 last sold in February 2025 at AED 1,542 per sqft, 13% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,766). 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. 202's AED 55,000 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
2012-bedAED 1.5M · Jul 2024
2031-bedAED 890K · Mar 2021
2042-bedAED 1.52M · Nov 2022
205StudioAED 769K · Jul 2018
206StudioAED 875K · Jul 2023
207StudioAED 690K · Oct 2019
2082-bedAED 1.62M · Nov 2018
1–7 of 11

202, Millennium Binghatti Residences in numbers

  • Sold twice: first on 8 September 2020 for AED 682,000, last on 28 February 2025 for AED 820,000 (AED 1,542 per sqft).
  • Rented since April 2022 on 5 Ejari contracts, from AED 43,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2025 price is 6.7%, 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 10 April 2025.

Questions about 202, Millennium Binghatti Residences

What did unit 202 last sell for?

AED 820,000 on 28 February 2025: AED 1,542 per sqft for 532 sqft. The unit has 2 registered sales; the first was AED 682,000 in September 2020.

What is the rent for unit 202?

AED 55,000 a year on the contract signed on 10 April 2025. The previous contract, from April 2025, was AED 55,000; the unit has been rented since April 2022.

How big is unit 202?

532 sqft (49.4 sqm): a studio on the 2nd floor of a 19-storey tower completed in 2021.

What is unit 202 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 202, Millennium Binghatti Residences

Starts from the last sale price (AED 820K, 28 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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