406, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Millennium Binghatti Residences
What is 406 worth today?
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Source: Dubai Land Department. Updated 13 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 463 sqft
- Floor
- 4th of 19
- Parking
- B3-66
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 8,900 /yr
- Last sold
- AED 870K · May 2023
- Building
- Millennium Binghatti Residences
About 406, Millennium Binghatti Residences
406 is a studio of 463 sqft on the 4th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 29 May 2023 for AED 870,000, or AED 1,879 per sqft, 16% above the AED 1,620 studios in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 13 July 2026, is AED 72,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 8,900 a year.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 118 studios →406 last sold in May 2023 at AED 1,879 per sqft, 16% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,620). 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. 406's AED 72,000 is in the lower 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 4th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,410 sqft | AED 2.1MAED 2,100,000 · Sep 2025September 2025 | ||
| 402 | Studio | 521 sqft | AED 600KAED 600,000 · Oct 2021October 2021 | 53,360 /yr | |
| 403 | 1-bed | 830 sqft | AED 954KAED 953,564 · Apr 2019April 2019 | 82,000 /yr | |
| 404 | 2-bed | 1,505 sqft | AED 2.04MAED 2,040,000 · Sep 2025September 2025 | 140,000 /yr | |
| 405 | Studio | 527 sqft | AED 682KAED 682,000 · Sep 2020September 2020 | 65,000 /yr | |
| 407 | Studio | 446 sqft | AED 1.15MAED 1,150,000 · Dec 2025December 2025 | 84,000 /yr | |
| 408 | 2-bed | 1,426 sqft | AED 1.05MAED 1,045,376 · Apr 2019April 2019 | 145,000 /yr | |
| 409 | Studio | 524 sqft | AED 940KAED 940,000 · May 2025May 2025 | 57,000 /yr | |
| 410 | Studio | 529 sqft | AED 1.02MAED 1,018,234 · Apr 2019April 2019 | ||
| 411 | 1-bed | 837 sqft | AED 1.1MAED 1,100,000 · Jul 2018July 2018 | 80,000 /yr | |
| 412 | 1-bed | 1,106 sqft | AED 1.15MAED 1,150,000 · May 2023May 2023 | 130,000 /yr |
406, Millennium Binghatti Residences in numbers
- Sold twice: first on 25 April 2019 for AED 660,000, last on 29 May 2023 for AED 870,000 (AED 1,879 per sqft).
- Rented since July 2024 on 4 Ejari contracts, from AED 88,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 8,900 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 13 July 2026.
Questions about 406, Millennium Binghatti Residences
What did unit 406 last sell for?
AED 870,000 on 29 May 2023: AED 1,879 per sqft for 463 sqft. The unit has 2 registered sales; the first was AED 660,000 in April 2019.
What is the rent for unit 406?
AED 72,000 a year on the contract signed on 13 July 2026. The previous contract, from May 2025, was AED 85,000; the unit has been rented since July 2024.
How big is unit 406?
463 sqft (43.0 sqm): a studio on the 4th floor of a 19-storey tower completed in 2021.
What is unit 406 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 406, Millennium Binghatti Residences
Starts from the last sale price (AED 870K, 29 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →