1-bed · 1,106 sqftMillennium Binghatti Residences, Business Bay · 3rd floor · completed 2021

312, Millennium Binghatti Residences

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

Unit 312 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 875K7 February 2022
Current rentAED 100K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Millennium Binghatti Residences

What is 312 worth today?

Last sold for AED 875,000 in 2022

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15 Sep 2025RentedNew contract
AED 100,000/yr13 months · AED 90 per sqft
25 Mar 2023RentedRenewal
AED 85,000/yr12 months · AED 77 per sqft
25 Mar 2022RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
7 Feb 2022Sold by developerReady
AED 875,000AED 790 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
3rd of 19
Parking
B2-45
Developer
Binghatti
Completed
2021
Service charge
AED 21,300 /yr
Last sold
AED 875K · February 2022

About 312, Millennium Binghatti Residences

312 is a one-bedroom apartment of 1,106 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 February 2022 for AED 875,000, or AED 790 per sqft, 20% below the AED 991 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 September 2025, is AED 100,000 a year: a gross yield of 11.4% on the 2022 price, before the service charge of about AED 21,300 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in Millennium Binghatti Residences
1M1.25M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,412,570; 2020 AED 910,000; 2021 AED 917,116; 2022 AED 930,000; 2023 AED 1,150,000; 2024 AED 1,300,000; 2025 AED 1,250,000; 2026 AED 1,400,000Sold by developer, February 2022: AED 875,000 (AED 790 per sqft)

312 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 312, each contractTypical one-bed in Millennium Binghatti Residences
80K100K2021202320252027Typical rent by year: 2021 AED 72,000; 2022 AED 67,000; 2023 AED 80,000; 2024 AED 84,000; 2025 AED 90,000; 2026 AED 85,000New contract, March 2022: AED 85,000 a yearRenewal, March 2023: AED 85,000 a yearNew contract, September 2025: AED 100,000 a year

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 312 sits

All 60 1-beds →

312 last sold in February 2022 at AED 790 per sqft, 20% below what one-beds in Millennium Binghatti Residences were fetching at the time (AED 991). 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. 312's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 20261,400,000
13 Aug 20262,167,000
16 Mar 20261,550,000
6 Feb 20261,250,000
8 1-bed 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
306StudioAED 750K · Sep 2022
307StudioAED 1M · Aug 2025
1–7 of 11

312, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 7 February 2022 for AED 875,000, or AED 790 per sqft.
  • Rented since March 2022 on 3 Ejari contracts, from AED 85,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 11.4%, before a service charge of about AED 21,300 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 15 September 2025.

Questions about 312, Millennium Binghatti Residences

What did unit 312 last sell for?

AED 875,000 on 7 February 2022, sold by the developer: AED 790 per sqft for 1,106 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 100,000 a year on the contract signed on 15 September 2025. The previous contract, from March 2023, was AED 85,000; the unit has been rented since March 2022.

How big is unit 312?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2021.

What is unit 312 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 312, Millennium Binghatti Residences

Starts from the last sale price (AED 875K, 7 February 2022). 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 →