309, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in January 2020, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Millennium Binghatti Residences
What is 309 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 511 sqft
- Floor
- 3rd of 19
- Parking
- B3-70
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 9,800 /yr
- Last sold
- AED 690K · January 2020
- Building
- Millennium Binghatti Residences
About 309, Millennium Binghatti Residences
309 is a studio of 511 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 7 January 2020 for AED 690,000, or AED 1,350 per sqft, 23% below the AED 1,752 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2026. The current contract, signed on 1 March 2026, is AED 87,000 a year: a gross yield of 12.6% on the 2020 price, before the service charge of about AED 9,800 a year.
Sales and rents for 309 over time
309 has sold once; 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 309 sits
All 118 studios →309 last sold in January 2020 at AED 1,350 per sqft, 23% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,752). 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. 309's AED 87,000 is in the upper half 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 3rd floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,416 sqft | AED 1.3MAED 1,300,000 · Aug 2018August 2018 | ||
| 302 | Studio | 527 sqft | AED 650KAED 650,000 · Nov 2021November 2021 | 57,000 /yr | |
| 303 | 1-bed | 814 sqft | AED 850KAED 850,000 · Jan 2022January 2022 | ||
| 304 | 2-bed | 1,448 sqft | AED 1.46MAED 1,459,260 · Jun 2021June 2021 | 120,000 /yr | |
| 305 | Studio | 537 sqft | AED 775KAED 775,000 · Nov 2018November 2018 | ||
| 306 | Studio | 467 sqft | AED 750KAED 750,000 · Sep 2022September 2022 | 70,189 /yr | |
| 307 | Studio | 439 sqft | AED 1MAED 1,000,000 · Aug 2025August 2025 | 76,500 /yr | |
| 308 | 2-bed | 1,402 sqft | AED 2.05MAED 2,050,000 · May 2026May 2026 | 144,000 /yr | |
| 310 | Studio | 526 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 65,000 /yr | |
| 311 | 1-bed | 847 sqft | AED 851KAED 850,560 · Nov 2019November 2019 | 95,000 /yr | |
| 312 | 1-bed | 1,106 sqft | AED 875KAED 875,000 · Feb 2022February 2022 | 100,000 /yr |
309, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 7 January 2020 for AED 690,000, or AED 1,350 per sqft.
- Rented since March 2026 on one Ejari contract, at AED 87,000 a year.
- At AED 87,000 a year the gross yield on the 2020 price is 12.6%, before a service charge of about AED 9,800 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 1 March 2026.
Questions about 309, Millennium Binghatti Residences
What did unit 309 last sell for?
AED 690,000 on 7 January 2020, sold by the developer: AED 1,350 per sqft for 511 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 87,000 a year on the contract signed on 1 March 2026.
How big is unit 309?
511 sqft (47.5 sqm): a studio on the 3rd floor of a 19-storey tower completed in 2021.
What is unit 309 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 309, Millennium Binghatti Residences
Starts from the last sale price (AED 690K, 7 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 690,000
- Deposit, UAE resident (20%)
- AED 138,000
- Deposit, non-resident (40%)
- AED 276,000
- Monthly over 25 years at 3.7%
- AED 2,823
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →