Studio · 552 sqftMillennium Binghatti Residences, Business Bay · 6th floor · completed 2021

605, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 22 October 2026
Last soldAED 776K23 April 2019
Current rentAED 60K /yr22 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Millennium Binghatti Residences

What is 605 worth today?

Last sold for AED 775,824 in 2019

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22 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
11 Sep 2025RentedRenewal
AED 72,000/yr12 months · AED 131 per sqft
11 Sep 2024RentedNew contract
AED 72,000/yr12 months · AED 131 per sqft
22 Jan 2022RentedNew contract
AED 46,000/yr13 months · AED 84 per sqft
23 Apr 2019Sold by developerOff-plan
AED 775,824AED 1,405 per sqft

Source: Dubai Land Department. Updated 22 October 2026.

Key facts

Type
Studio apartment
Size
552 sqft
Floor
6th of 19
Parking
B3-36
Developer
Binghatti
Completed
2021
Service charge
AED 10,600 /yr
Last sold
AED 776K · April 2019

About 605, Millennium Binghatti Residences

605 is a studio of 552 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 April 2019 for AED 775,824, or AED 1,405 per sqft, 20% below the AED 1,746 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 22 October 2026, is AED 60,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical studio in Millennium Binghatti Residences
600K800K1M2018202120242027Typical sale price by year: 2018 AED 768,500; 2019 AED 962,598; 2020 AED 682,000; 2021 AED 650,000; 2022 AED 602,500; 2023 AED 900,000; 2024 AED 950,000; 2025 AED 939,500; 2026 AED 900,000Sold by developer, April 2019: AED 775,824 (AED 1,405 per sqft)

605 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 605, each contractTypical studio in Millennium Binghatti Residences
60K2021202320252027Typical rent by year: 2021 AED 47,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 72,265; 2026 AED 67,000New contract, January 2022: AED 46,000 a yearNew contract, September 2024: AED 72,000 a yearRenewal, September 2025: AED 72,000 a yearNew contract, October 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Millennium Binghatti Residences, and where 605 sits

All 118 studios →

605 last sold in April 2019 at AED 1,405 per sqft, 20% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,746). Over the last 12 months studios sold for AED 725,000 to 1,150,000, around AED 1,801 per sqft, and rent for AED 53,000 to 115,000 a year. 605's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Jul 2026900,000
3 Jul 20261,000,000
24 Apr 2026725,000
11 Mar 2026860,000
6 studio 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
6042-bedAED 1.46M · May 2022
606StudioAED 750K · Sep 2022
607StudioAED 920K · Dec 2023
6082-bedAED 1.45M · Aug 2021
1–7 of 11

605, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 23 April 2019 for AED 775,824, or AED 1,405 per sqft.
  • Rented since January 2022 on 4 Ejari contracts, from AED 46,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 7.7%, before a service charge of about AED 10,600 a year (AED 19.21 per sqft).
  • Studios in Millennium Binghatti Residences sold for AED 725,000–1,150,000 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 22 October 2026.

Questions about 605, Millennium Binghatti Residences

What did unit 605 last sell for?

AED 775,824 on 23 April 2019, sold by the developer: AED 1,405 per sqft for 552 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 60,000 a year on the contract signed on 22 October 2026. The previous contract, from September 2025, was AED 72,000; the unit has been rented since January 2022.

How big is unit 605?

552 sqft (51.3 sqm): a studio on the 6th floor of a 19-storey tower completed in 2021.

What is unit 605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Millennium Binghatti Residences sold for AED 725,000 to 1,150,000 in the last 12 months, around AED 1,801 per sqft.

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Mortgage on 605, Millennium Binghatti Residences

Starts from the last sale price (AED 776K, 23 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 775,824
Deposit, UAE resident (20%)
AED 155,165
Deposit, non-resident (40%)
AED 310,330
Monthly over 25 years at 3.7%
AED 3,174

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