311, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Millennium Binghatti Residences
What is 311 worth today?
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Source: Dubai Land Department. Updated 16 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 847 sqft
- Floor
- 3rd of 19
- Parking
- B1-62
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 16,300 /yr
- Last sold
- AED 851K · November 2019
- Building
- Millennium Binghatti Residences
About 311, Millennium Binghatti Residences
311 is a one-bedroom apartment of 847 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 24 November 2019 for AED 850,560, or AED 1,003 per sqft, 40% below the AED 1,664 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 16 June 2023, is AED 95,000 a year: a gross yield of 11.2% on the 2019 price, before the service charge of about AED 16,300 a year.
Sales and rents for 311 over time
311 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Millennium Binghatti Residences, and where 311 sits
All 60 1-beds →311 last sold in November 2019 at AED 1,003 per sqft, 40% below what one-beds in Millennium Binghatti Residences were fetching at the time (AED 1,664). Over the last 12 months one-beds sold for AED 1,152,037 to 2,167,000, around AED 1,447 per sqft, and rent for AED 70,000 to 130,000 a year. 311's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 1,099 sqft | 1,400,000 | 1,273 | ||
| 13 Aug 202613 August 2026 | 829 sqft | 2,167,000 | 2,614 | ||
| 16 Mar 202616 March 2026 | 1,093 sqft | 1,550,000 | 1,418 | ||
| 6 Feb 20266 February 2026 | 846 sqft | 1,250,000 | 1,478 |
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 | |
| 309 | Studio | 511 sqft | AED 690KAED 690,000 · Jan 2020January 2020 | 87,000 /yr | |
| 310 | Studio | 526 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 65,000 /yr | |
| 312 | 1-bed | 1,106 sqft | AED 875KAED 875,000 · Feb 2022February 2022 | 100,000 /yr |
311, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 24 November 2019 for AED 850,560, or AED 1,003 per sqft.
- Rented since February 2022 on 2 Ejari contracts, from AED 65,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2019 price is 11.2%, before a service charge of about AED 16,300 a year (AED 19.21 per sqft).
- One-beds in Millennium Binghatti Residences sold for AED 1,152,037–2,167,000 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 16 June 2023.
Questions about 311, Millennium Binghatti Residences
What did unit 311 last sell for?
AED 850,560 on 24 November 2019, sold by the developer: AED 1,003 per sqft for 847 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 95,000 a year on the contract signed on 16 June 2023. The previous contract, from February 2022, was AED 65,000.
How big is unit 311?
847 sqft (78.7 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2021.
What is unit 311 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millennium Binghatti Residences sold for AED 1,152,037 to 2,167,000 in the last 12 months, around AED 1,447 per sqft.
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Mortgage on 311, Millennium Binghatti Residences
Starts from the last sale price (AED 851K, 24 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 850,560
- Deposit, UAE resident (20%)
- AED 170,112
- Deposit, non-resident (40%)
- AED 340,224
- Monthly over 25 years at 3.7%
- AED 3,480
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →