2-bed · 1,448 sqftMillennium Binghatti Residences, Business Bay · 5th floor · completed 2021

504, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in June 2021, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 13 February 2026
Last soldAED 1.56M8 June 2021
Current rentAED 130K /yr13 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Millennium Binghatti Residences

What is 504 worth today?

Last sold for AED 1,562,000 in 2021

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13 Feb 2026RentedNew contract
AED 130,000/yr24 months · AED 86 per sqft
8 Jun 2021Sold by developerOff-plan
AED 1,562,000AED 1,078 per sqft

Source: Dubai Land Department. Updated 13 February 2026.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
5th of 19
Parking
B3-07, B3-55
Developer
Binghatti
Completed
2021
Service charge
AED 27,800 /yr
Last sold
AED 1.56M · June 2021

About 504, Millennium Binghatti Residences

504 is a two-bedroom apartment of 1,448 sqft on the 5th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 8 June 2021 for AED 1,562,000, or AED 1,078 per sqft, 9% above the AED 988 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 February 2026. The current contract, signed on 13 February 2026, is AED 130,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 27,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Millennium Binghatti Residences
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,400,000; 2019 AED 1,290,894; 2020 AED 1,546,478; 2021 AED 1,400,000; 2022 AED 1,300,000; 2023 AED 1,350,000; 2024 AED 1,875,000; 2025 AED 2,050,000; 2026 AED 2,050,000Sold by developer, June 2021: AED 1,562,000 (AED 1,078 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Millennium Binghatti Residences
100K120K140K2021202320252027Typical rent by year: 2021 AED 102,500; 2022 AED 100,000; 2023 AED 117,500; 2024 AED 130,000; 2025 AED 142,000; 2026 AED 140,000New contract, February 2026: AED 130,000 a year

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 504 sits

All 62 2-beds →

504 last sold in June 2021 at AED 1,078 per sqft, 9% above what two-beds in Millennium Binghatti Residences were fetching at the time (AED 988). 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. 504's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,590,000
8 May 20262,050,000
6 Feb 20262,360,000
27 Oct 20252,550,000
3 2-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
5012-bedAED 1.1M · Oct 2021
502StudioAED 650K · Jun 2021
5031-bedAED 1.4M · Jan 2026
505StudioAED 720K · Jan 2020
506StudioAED 1M · Jul 2025
507StudioAED 684K · Apr 2019
5082-bedAED 2.2M · Aug 2024
1–7 of 11

504, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 8 June 2021 for AED 1,562,000, or AED 1,078 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 27,800 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 13 February 2026.

Questions about 504, Millennium Binghatti Residences

What did unit 504 last sell for?

AED 1,562,000 on 8 June 2021, sold by the developer: AED 1,078 per sqft for 1,448 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 130,000 a year on the contract signed on 13 February 2026.

How big is unit 504?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2021.

What is unit 504 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 504, Millennium Binghatti Residences

Starts from the last sale price (AED 1.56M, 8 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,562,000
Deposit, UAE resident (20%)
AED 312,400
Deposit, non-resident (40%)
AED 624,800
Monthly over 25 years at 3.7%
AED 6,391

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