2-bed · 1,393 sqftMillennium Binghatti Residences, Business Bay · 6th floor · completed 2021

601, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 5 August 2025
Last soldAED 1.19M23 July 2018
Current rentAED 140K /yr5 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Millennium Binghatti Residences

What is 601 worth today?

Last sold for AED 1,190,000 in 2018

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5 Aug 2025RentedRenewal
AED 140,000/yr12 months · AED 100 per sqft
5 Aug 2024RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
30 May 2023RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
30 May 2022RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
23 Jul 2018Sold by developerOff-plan
AED 1,190,000AED 854 per sqft

Source: Dubai Land Department. Updated 5 August 2025.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
6th of 19
Parking
B3-57, B3-58
Developer
Binghatti
Completed
2021
Service charge
AED 26,800 /yr
Last sold
AED 1.19M · July 2018

About 601, Millennium Binghatti Residences

601 is a two-bedroom apartment of 1,393 sqft on the 6th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 23 July 2018 for AED 1,190,000, or AED 854 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 5 August 2025, is AED 140,000 a year: a gross yield of 11.8% on the 2018 price, before the service charge of about AED 26,800 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, July 2018: AED 1,190,000 (AED 854 per sqft)

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

Rents
Unit 601, 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, May 2022: AED 120,000 a yearRenewal, May 2023: AED 120,000 a yearNew contract, August 2024: AED 140,000 a yearRenewal, August 2025: AED 140,000 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 601 sits

All 62 2-beds →

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. 601's AED 140,000 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
602StudioAED 652K · Jul 2021
6031-bedAED 1.25M · Sep 2025
6042-bedAED 1.46M · May 2022
605StudioAED 776K · Apr 2019
606StudioAED 750K · Sep 2022
607StudioAED 920K · Dec 2023
6082-bedAED 1.45M · Aug 2021
1–7 of 11

601, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 23 July 2018 for AED 1,190,000, or AED 854 per sqft.
  • Rented since May 2022 on 4 Ejari contracts, from AED 120,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2018 price is 11.8%, before a service charge of about AED 26,800 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 5 August 2025.

Questions about 601, Millennium Binghatti Residences

What did unit 601 last sell for?

AED 1,190,000 on 23 July 2018, sold by the developer: AED 854 per sqft for 1,393 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 140,000 a year on the contract renewed on 5 August 2025. The previous contract, from August 2024, was AED 140,000; the unit has been rented since May 2022.

How big is unit 601?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 6th floor of a 19-storey tower completed in 2021.

What is unit 601 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 601, Millennium Binghatti Residences

Starts from the last sale price (AED 1.19M, 23 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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