Studio · 467 sqftMillennium Binghatti Residences, Business Bay · 3rd floor · completed 2021

306, Millennium Binghatti Residences

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

Unit 306 · DLD and Ejari recordsUpdated 6 January 2026
Last soldAED 750K13 September 2022
Current rentAED 70K /yr6 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Millennium Binghatti Residences

What is 306 worth today?

Last sold for AED 750,000 in 2022

Unlock today's estimate, updated daily, with

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

6 Jan 2026RentedRenewal
AED 70,189/yr12 months · AED 150 per sqft
6 Jan 2025RentedNew contract
AED 70,000/yr12 months · AED 150 per sqft
1 Dec 2023RentedNew contract
AED 75,000/yr12 months · AED 162 per sqft
1 Nov 2022RentedNew contract
AED 68,000/yr12 months · AED 147 per sqft
13 Sep 2022SoldReady
AED 750,000AED 1,604 per sqft
4 Feb 2020Sold by developerOff-plan
AED 680,000AED 1,454 per sqft

Source: Dubai Land Department. Updated 6 January 2026.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
3rd of 19
Parking
B3-72
Developer
Binghatti
Completed
2021
Service charge
AED 9,000 /yr
Last sold
AED 750K · September 2022

About 306, Millennium Binghatti Residences

306 is a studio of 467 sqft on the 3rd floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 13 September 2022 for AED 750,000, or AED 1,604 per sqft, 36% above the AED 1,178 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 6 January 2026, is AED 70,189 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 9,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, February 2020: AED 680,000 (AED 1,454 per sqft)Sold, September 2022: AED 750,000 (AED 1,604 per sqft)

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

Rents
Unit 306, each contractTypical studio in Millennium Binghatti Residences
60K80K2021202320252027Typical 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, November 2022: AED 68,000 a yearNew contract, December 2023: AED 75,000 a yearNew contract, January 2025: AED 70,000 a yearRenewal, January 2026: AED 70,189 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 306 sits

All 118 studios →

306 last sold in September 2022 at AED 1,604 per sqft, 36% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,178). 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. 306's AED 70,189 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
302StudioAED 650K · Nov 2021
3031-bedAED 850K · Jan 2022
3042-bedAED 1.46M · Jun 2021
305StudioAED 775K · Nov 2018
307StudioAED 1M · Aug 2025
3082-bedAED 2.05M · May 2026
1–7 of 11

306, Millennium Binghatti Residences in numbers

  • Sold twice: first on 4 February 2020 for AED 680,000, last on 13 September 2022 for AED 750,000 (AED 1,604 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 68,000 to AED 70,189 a year.
  • At AED 70,189 a year the gross yield on the 2022 price is 9.4%, before a service charge of about AED 9,000 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 6 January 2026.

Questions about 306, Millennium Binghatti Residences

What did unit 306 last sell for?

AED 750,000 on 13 September 2022: AED 1,604 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 680,000 in February 2020.

What is the rent for unit 306?

AED 70,189 a year on the contract renewed on 6 January 2026. The previous contract, from January 2025, was AED 70,000; the unit has been rented since November 2022.

How big is unit 306?

467 sqft (43.4 sqm): a studio on the 3rd floor of a 19-storey tower completed in 2021.

What is unit 306 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 306? 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 306, Millennium Binghatti Residences

Starts from the last sale price (AED 750K, 13 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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