508, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Millennium Binghatti Residences
What is 508 worth today?
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Source: Dubai Land Department. Updated 12 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,425 sqft
- Floor
- 5th of 19
- Parking
- , P1-36, P1-46
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 27,400 /yr
- Last sold
- AED 2.2M · August 2024
- Building
- Millennium Binghatti Residences
About 508, Millennium Binghatti Residences
508 is a two-bedroom apartment of 1,425 sqft on the 5th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 12 August 2024 for AED 2,200,000, or AED 1,543 per sqft, 10% above the AED 1,399 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold twice; 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 508 sits
All 62 2-beds →508 last sold in August 2024 at AED 1,543 per sqft, 10% above what two-beds in Millennium Binghatti Residences were fetching at the time (AED 1,399). 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.
| 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 5th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,398 sqft | AED 1.1MAED 1,100,000 · Oct 2021October 2021 | 135,000 /yr | |
| 502 | Studio | 525 sqft | AED 650KAED 650,000 · Jun 2021June 2021 | 71,400 /yr | |
| 503 | 1-bed | 857 sqft | AED 1.4MAED 1,400,000 · Jan 2026January 2026 | ||
| 504 | 2-bed | 1,448 sqft | AED 1.56MAED 1,562,000 · Jun 2021June 2021 | 130,000 /yr | |
| 505 | Studio | 550 sqft | AED 720KAED 720,000 · Jan 2020January 2020 | 44,000 /yr | |
| 506 | Studio | 460 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 99,024 /yr | |
| 507 | Studio | 452 sqft | AED 684KAED 684,262 · Apr 2019April 2019 | 44,000 /yr | |
| 509 | Studio | 538 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 75,000 /yr | |
| 510 | Studio | 542 sqft | AED 1.02MAED 1,023,146 · Apr 2019April 2019 | ||
| 511 | 1-bed | 835 sqft | AED 1MAED 1,000,000 · Sep 2021September 2021 | ||
| 512 | 1-bed | 1,099 sqft | AED 1.4MAED 1,400,000 · Sep 2026September 2026 | 115,000 /yr |
508, Millennium Binghatti Residences in numbers
- Sold twice: first on 27 January 2021 for AED 1,050,603, last on 12 August 2024 for AED 2,200,000 (AED 1,543 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 12 August 2024.
Questions about 508, Millennium Binghatti Residences
What did unit 508 last sell for?
AED 2,200,000 on 12 August 2024: AED 1,543 per sqft for 1,425 sqft. The unit has 2 registered sales; the first was AED 1,050,603 in January 2021.
How big is unit 508?
1,425 sqft (132.4 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2021.
What is unit 508 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 508, Millennium Binghatti Residences
Starts from the last sale price (AED 2.2M, 12 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →