409, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in May 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Millennium Binghatti Residences
What is 409 worth today?
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Source: Dubai Land Department. Updated 21 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 524 sqft
- Floor
- 4th of 19
- Parking
- B3-45
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 10,100 /yr
- Last sold
- AED 940K · May 2025
- Building
- Millennium Binghatti Residences
About 409, Millennium Binghatti Residences
409 is a studio of 524 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 21 May 2025 for AED 940,000, or AED 1,795 per sqft, in line with the AED 1,795 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 4 March 2024, is AED 57,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 10,100 a year.
Sales and rents for 409 over time
409 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 409 sits
All 118 studios →409 last sold in May 2025 at AED 1,795 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,795). 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. 409's AED 57,000 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 | |
| 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 | |
| 408 | 2-bed | 1,426 sqft | AED 1.05MAED 1,045,376 · Apr 2019April 2019 | 145,000 /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 |
409, Millennium Binghatti Residences in numbers
- Sold twice: first on 4 September 2019 for AED 707,199, last on 21 May 2025 for AED 940,000 (AED 1,795 per sqft).
- Rented since January 2022 on 3 Ejari contracts, from AED 41,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 10,100 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 21 May 2025.
Questions about 409, Millennium Binghatti Residences
What did unit 409 last sell for?
AED 940,000 on 21 May 2025: AED 1,795 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 707,199 in September 2019.
What is the rent for unit 409?
AED 57,000 a year on the contract renewed on 4 March 2024. The previous contract, from March 2023, was AED 54,000; the unit has been rented since January 2022.
How big is unit 409?
524 sqft (48.7 sqm): a studio on the 4th floor of a 19-storey tower completed in 2021.
What is unit 409 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 409, Millennium Binghatti Residences
Starts from the last sale price (AED 940K, 21 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →