1-bed · 835 sqftMillennium Binghatti Residences, Business Bay · 5th floor · completed 2021

511, Millennium Binghatti Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 511 · DLD and Ejari recordsUpdated 15 September 2021

Last soldAED 1M15 September 2021

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Today's valuefree after one verification

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Property timeline for 511, Millennium Binghatti Residences

Today

What is 511 worth today?

Last sold for AED 1,000,000 in 2021

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15 Sep 2021

15 Sep 2021Sold by developerReady

AED 1,000,000AED 1,197 per sqft

Source: Dubai Land Department. Updated 15 September 2021.

Key facts

Type: 1-bed apartment
Size: 835 sqft
Floor: 5th of 19
Parking: P2-53
Developer: Binghatti
Completed: 2021
Service charge: AED 16,000 /yr
Last sold: AED 1M · September 2021
Building: Millennium Binghatti Residences

About 511, Millennium Binghatti Residences

511 is a one-bedroom apartment of 835 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 15 September 2021 for AED 1,000,000, or AED 1,197 per sqft, 21% above the AED 992 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales

Unit 511, each saleTypical one-bed in Millennium Binghatti Residences

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

Rents

Unit 511, each contractTypical one-bed in Millennium Binghatti Residences

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 511 sits

All 60 1-beds →

1-beds in Millennium Binghatti Residences · last 12 months1,447 /sqft Millennium Binghatti Residences · all types1,478 /sqft

511 last sold in September 2021 at AED 1,197 per sqft, 21% above what one-beds in Millennium Binghatti Residences were fetching at the time (AED 992). 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.

Recent 1-bed sales	Size	Price (AED)	Per sqft
29 Sep 202629 September 2026	1,099 sqft	1,400,000	1,273
13 Aug 202613 August 2026	829 sqft	2,167,000	2,614
16 Mar 202616 March 2026	1,093 sqft	1,550,000	1,418
6 Feb 20266 February 2026	846 sqft	1,250,000	1,478

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 →

Other units on the 5th floor

All 236 units in Millennium Binghatti Residences


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
508	2-bed	1,425 sqft	AED 2.2MAED 2,200,000 · Aug 2024August 2024
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
512	1-bed	1,099 sqft	AED 1.4MAED 1,400,000 · Sep 2026September 2026	115,000 /yr

1–7 of 11

511, Millennium Binghatti Residences in numbers

Sold once: by Binghatti on 15 September 2021 for AED 1,000,000, or AED 1,197 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 15 September 2021.

Questions about 511, Millennium Binghatti Residences

What did unit 511 last sell for?

AED 1,000,000 on 15 September 2021, sold by the developer: AED 1,197 per sqft for 835 sqft. It is the only registered sale of the unit.

How big is unit 511?

835 sqft (77.6 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2021.

What is unit 511 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 511, Millennium Binghatti Residences

Starts from the last sale price (AED 1M, 15 September 2021). Switch to today's estimate once you have unlocked it.

Price: AED 1,000,000
Deposit, UAE resident (20%): AED 200,000
Deposit, non-resident (40%): AED 400,000
Monthly over 25 years at 3.7%: AED 4,091

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