408, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Millennium Binghatti Residences
What is 408 worth today?
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Source: Dubai Land Department. Updated 6 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,426 sqft
- Floor
- 4th of 19
- Parking
- , P1-01, P1-04
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 27,400 /yr
- Last sold
- AED 1.05M · April 2019
- Building
- Millennium Binghatti Residences
About 408, Millennium Binghatti Residences
408 is a two-bedroom apartment of 1,426 sqft on the 4th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 28 April 2019 for AED 1,045,376, or AED 733 per sqft, 20% below the AED 920 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 6 October 2025, is AED 145,000 a year: a gross yield of 13.9% on the 2019 price, before the service charge of about AED 27,400 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Millennium Binghatti Residences, and where 408 sits
All 62 2-beds →408 last sold in April 2019 at AED 733 per sqft, 20% below what two-beds in Millennium Binghatti Residences were fetching at the time (AED 920). Over the last 12 months two-beds sold for AED 1,590,000 to 2,360,000, around AED 1,462 per sqft, and rent for AED 94,426 to 260,000 a year. 408's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,393 sqft | 1,590,000 | 1,141 | ||
| 8 May 20268 May 2026 | 1,402 sqft | 2,050,000 | 1,462 | ||
| 6 Feb 20266 February 2026 | 1,428 sqft | 2,360,000 | 1,652 | ||
| 27 Oct 202527 October 2025 | 1,310 sqft | 2,550,000 | 1,947 |
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 | |
| 406 | Studio | 463 sqft | AED 870KAED 870,000 · May 2023May 2023 | 72,000 /yr | |
| 407 | Studio | 446 sqft | AED 1.15MAED 1,150,000 · Dec 2025December 2025 | 84,000 /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 |
408, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 28 April 2019 for AED 1,045,376, or AED 733 per sqft.
- Rented since November 2021 on 4 Ejari contracts, from AED 95,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2019 price is 13.9%, before a service charge of about AED 27,400 a year (AED 19.21 per sqft).
- Two-beds in Millennium Binghatti Residences sold for AED 1,590,000–2,360,000 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 October 2025.
Questions about 408, Millennium Binghatti Residences
What did unit 408 last sell for?
AED 1,045,376 on 28 April 2019, sold by the developer: AED 733 per sqft for 1,426 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 145,000 a year on the contract signed on 6 October 2025. The previous contract, from November 2023, was AED 110,000; the unit has been rented since November 2021.
How big is unit 408?
1,426 sqft (132.5 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2021.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Millennium Binghatti Residences sold for AED 1,590,000 to 2,360,000 in the last 12 months, around AED 1,462 per sqft.
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Mortgage on 408, Millennium Binghatti Residences
Starts from the last sale price (AED 1.05M, 28 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,045,376
- Deposit, UAE resident (20%)
- AED 209,075
- Deposit, non-resident (40%)
- AED 418,150
- Monthly over 25 years at 3.7%
- AED 4,277
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →