Studio · 527 sqftMillennium Binghatti Residences, Business Bay · 3rd floor · completed 2021

302, Millennium Binghatti Residences

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

Unit 302 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 650K28 November 2021
Current rentAED 57K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Millennium Binghatti Residences

What is 302 worth today?

Last sold for AED 650,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2026RentedNew contract
AED 57,000/yr12 months · AED 108 per sqft
24 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 95 per sqft
10 Feb 2023RentedRenewal
AED 43,000/yr12 months · AED 82 per sqft
10 Feb 2022RentedNew contract
AED 43,000/yr12 months · AED 82 per sqft
28 Nov 2021Sold by developerReady
AED 650,000AED 1,234 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
527 sqft
Floor
3rd of 19
Parking
P2-40
Developer
Binghatti
Completed
2021
Service charge
AED 10,100 /yr
Last sold
AED 650K · November 2021

About 302, Millennium Binghatti Residences

302 is a studio of 527 sqft on the 3rd floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 28 November 2021 for AED 650,000, or AED 1,234 per sqft, in line with the AED 1,255 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 1 August 2026, is AED 57,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 10,100 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, November 2021: AED 650,000 (AED 1,234 per sqft)

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

Rents
Unit 302, 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, February 2022: AED 43,000 a yearRenewal, February 2023: AED 43,000 a yearNew contract, July 2024: AED 50,000 a yearNew contract, August 2026: AED 57,000 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 302 sits

All 118 studios →

302 last sold in November 2021 at AED 1,234 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,255). 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. 302's AED 57,000 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
3012-bedAED 1.3M · Aug 2018
3031-bedAED 850K · Jan 2022
3042-bedAED 1.46M · Jun 2021
305StudioAED 775K · Nov 2018
306StudioAED 750K · Sep 2022
307StudioAED 1M · Aug 2025
3082-bedAED 2.05M · May 2026
1–7 of 11

302, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 28 November 2021 for AED 650,000, or AED 1,234 per sqft.
  • Rented since February 2022 on 4 Ejari contracts, from AED 43,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2021 price is 8.8%, before a service charge of about AED 10,100 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 1 August 2026.

Questions about 302, Millennium Binghatti Residences

What did unit 302 last sell for?

AED 650,000 on 28 November 2021, sold by the developer: AED 1,234 per sqft for 527 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 57,000 a year on the contract signed on 1 August 2026. The previous contract, from July 2024, was AED 50,000; the unit has been rented since February 2022.

How big is unit 302?

527 sqft (49.0 sqm): a studio on the 3rd floor of a 19-storey tower completed in 2021.

What is unit 302 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.

Selling 302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 302, Millennium Binghatti Residences

Starts from the last sale price (AED 650K, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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