1-bed · 1,106 sqftMillennium Binghatti Residences, Business Bay · 4th floor · completed 2021

412, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.15M16 May 2023
Current rentAED 130K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Millennium Binghatti Residences

What is 412 worth today?

Last sold for AED 1,150,000 in 2023

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1 Jun 2025RentedNew contract
AED 130,000/yr12 months · AED 117 per sqft
1 Jun 2025RentedNew contract
AED 130,000/yr12 months · AED 117 per sqft
16 May 2023SoldReady
AED 1,150,000AED 1,040 per sqft
16 May 2023RentedNew contract
AED 70,000/yr12 months · AED 63 per sqft
1 May 2022RentedNew contract
AED 65,000/yr12 months · AED 59 per sqft
7 Apr 2022Sold by developerReady
AED 960,000AED 868 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
4th of 19
Parking
B2-15
Developer
Binghatti
Completed
2021
Service charge
AED 21,200 /yr
Last sold
AED 1.15M · May 2023

About 412, Millennium Binghatti Residences

412 is a one-bedroom apartment of 1,106 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 16 May 2023 for AED 1,150,000, or AED 1,040 per sqft, in line with the AED 1,019 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 June 2025, is AED 130,000 a year: a gross yield of 11.3% on the 2023 price, before the service charge of about AED 21,200 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, April 2022: AED 960,000 (AED 868 per sqft)Sold, May 2023: AED 1,150,000 (AED 1,040 per sqft)

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

Rents
Unit 412, each contractTypical one-bed in Millennium Binghatti Residences
100K2021202320252027Typical 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, May 2022: AED 65,000 a yearNew contract, May 2023: AED 70,000 a yearNew contract, June 2025: AED 130,000 a yearNew contract, June 2025: AED 130,000 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 412 sits

All 60 1-beds →

412 last sold in May 2023 at AED 1,040 per sqft, in line with what one-beds in Millennium Binghatti Residences were fetching at the time (AED 1,019). 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. 412's AED 130,000 is at the top 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
4012-bedAED 2.1M · Sep 2025
402StudioAED 600K · Oct 2021
4031-bedAED 954K · Apr 2019
4042-bedAED 2.04M · Sep 2025
405StudioAED 682K · Sep 2020
406StudioAED 870K · May 2023
407StudioAED 1.15M · Dec 2025
1–7 of 11

412, Millennium Binghatti Residences in numbers

  • Sold twice: first on 7 April 2022 for AED 960,000, last on 16 May 2023 for AED 1,150,000 (AED 1,040 per sqft).
  • Rented since May 2022 on 4 Ejari contracts, from AED 65,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 11.3%, before a service charge of about AED 21,200 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 1 June 2025.

Questions about 412, Millennium Binghatti Residences

What did unit 412 last sell for?

AED 1,150,000 on 16 May 2023: AED 1,040 per sqft for 1,106 sqft. The unit has 2 registered sales; the first was AED 960,000 in April 2022.

What is the rent for unit 412?

AED 130,000 a year on the contract signed on 1 June 2025. The previous contract, from June 2025, was AED 130,000; the unit has been rented since May 2022.

How big is unit 412?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 4th floor of a 19-storey tower completed in 2021.

What is unit 412 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 412, Millennium Binghatti Residences

Starts from the last sale price (AED 1.15M, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →