2-bed · 1,484 sqftMillennium Binghatti Residences, Business Bay · 6th floor · completed 2021

604, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 11 May 2022
Last soldAED 1.46M11 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Millennium Binghatti Residences

What is 604 worth today?

Last sold for AED 1,460,000 in 2022

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11 May 2022Sold by developerReady
AED 1,460,000AED 983 per sqft

Source: Dubai Land Department. Updated 11 May 2022.

Key facts

Type
2-bed apartment
Size
1,484 sqft
Floor
6th of 19
Parking
P2-10, P2-30
Developer
Binghatti
Completed
2021
Service charge
AED 28,500 /yr
Last sold
AED 1.46M · May 2022

About 604, Millennium Binghatti Residences

604 is a two-bedroom apartment of 1,484 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 11 May 2022 for AED 1,460,000, or AED 983 per sqft, in line with the AED 983 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 604 over time

Sales
Unit 604, 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, May 2022: AED 1,460,000 (AED 983 per sqft)

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

Rents
Unit 604, 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 140,000

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 604 sits

All 62 2-beds →

604 last sold in May 2022 at AED 983 per sqft, in line with what two-beds in Millennium Binghatti Residences were fetching at the time (AED 983). 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 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
6012-bedAED 1.19M · Jul 2018
602StudioAED 652K · Jul 2021
6031-bedAED 1.25M · Sep 2025
605StudioAED 776K · Apr 2019
606StudioAED 750K · Sep 2022
607StudioAED 920K · Dec 2023
6082-bedAED 1.45M · Aug 2021
1–7 of 11

604, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 11 May 2022 for AED 1,460,000, or AED 983 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 11 May 2022.

Questions about 604, Millennium Binghatti Residences

What did unit 604 last sell for?

AED 1,460,000 on 11 May 2022, sold by the developer: AED 983 per sqft for 1,484 sqft. It is the only registered sale of the unit.

How big is unit 604?

1,484 sqft (137.9 sqm): a two-bedroom apartment on the 6th floor of a 19-storey tower completed in 2021.

What is unit 604 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 604, Millennium Binghatti Residences

Starts from the last sale price (AED 1.46M, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,460,000
Deposit, UAE resident (20%)
AED 292,000
Deposit, non-resident (40%)
AED 584,000
Monthly over 25 years at 3.7%
AED 5,973

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