206, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in July 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Millennium Binghatti Residences
What is 206 worth today?
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Source: Dubai Land Department. Updated 19 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 2nd of 19
- Parking
- P1-07
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 9,100 /yr
- Last sold
- AED 875K · July 2023
- Building
- Millennium Binghatti Residences
About 206, Millennium Binghatti Residences
206 is a studio of 473 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 19 July 2023 for AED 875,000, or AED 1,850 per sqft, 8% above the AED 1,719 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 20 December 2022, is AED 52,606 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 9,100 a year.
Sales and rents for 206 over time
206 has sold twice; the dashed line is the studio median of each year in the building.
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 206 sits
All 118 studios →206 last sold in July 2023 at AED 1,850 per sqft, 8% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,719). 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. 206's AED 52,606 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 436 sqft | 900,000 | 2,065 | ||
| 3 Jul 20263 July 2026 | 528 sqft | 1,000,000 | 1,893 | ||
| 24 Apr 202624 April 2026 | 534 sqft | 725,000 | 1,358 | ||
| 11 Mar 202611 March 2026 | 508 sqft | 860,000 | 1,694 |
Millennium Binghatti Residences
Building236 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%
Other units on the 2nd floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,408 sqft | AED 1.5MAED 1,500,000 · Jul 2024July 2024 | 135,000 /yr | |
| 202 | Studio | 532 sqft | AED 820KAED 820,000 · Feb 2025February 2025 | 55,000 /yr | |
| 203 | 1-bed | 816 sqft | AED 890KAED 890,000 · Mar 2021March 2021 | 75,000 /yr | |
| 204 | 2-bed | 1,441 sqft | AED 1.52MAED 1,520,000 · Nov 2022November 2022 | ||
| 205 | Studio | 530 sqft | AED 769KAED 768,500 · Jul 2018July 2018 | 75,000 /yr | |
| 207 | Studio | 432 sqft | AED 690KAED 690,000 · Oct 2019October 2019 | 53,000 /yr | |
| 208 | 2-bed | 1,361 sqft | AED 1.62MAED 1,620,000 · Nov 2018November 2018 | ||
| 209 | Studio | 508 sqft | AED 860KAED 860,000 · Mar 2026March 2026 | 62,000 /yr | |
| 210 | Studio | 531 sqft | AED 1.02MAED 1,023,486 · Oct 2019October 2019 | ||
| 211 | 1-bed | 852 sqft | AED 1.42MAED 1,420,000 · Jul 2024July 2024 | 100,000 /yr | |
| 212 | 1-bed | 1,099 sqft | AED 1.18MAED 1,184,500 · Jun 2025June 2025 | 80,000 /yr |
206, Millennium Binghatti Residences in numbers
- Sold twice: first on 10 June 2019 for AED 658,800, last on 19 July 2023 for AED 875,000 (AED 1,850 per sqft).
- Rented since January 2022 on 2 Ejari contracts, from AED 56,000 to AED 52,606 a year.
- At AED 52,606 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 9,100 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 19 July 2023.
Questions about 206, Millennium Binghatti Residences
What did unit 206 last sell for?
AED 875,000 on 19 July 2023: AED 1,850 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 658,800 in June 2019.
What is the rent for unit 206?
AED 52,606 a year on the contract signed on 20 December 2022. The previous contract, from January 2022, was AED 56,000.
How big is unit 206?
473 sqft (43.9 sqm): a studio on the 2nd floor of a 19-storey tower completed in 2021.
What is unit 206 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 206, Millennium Binghatti Residences
Starts from the last sale price (AED 875K, 19 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →