Studio · 547 sqftMillennium Binghatti Residences, Business Bay · 6th floor · completed 2021

609, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 27 February 2025
Last soldAED 900K27 February 2025
Current rentAED 60K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Millennium Binghatti Residences

What is 609 worth today?

Last sold for AED 900,000 in 2025

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27 Feb 2025SoldReady
AED 900,000AED 1,645 per sqft
1 May 2023RentedNew contract
AED 60,000/yr12 months · AED 110 per sqft
2 Feb 2023RentedRenewal
AED 60,674/yr3 months · AED 111 per sqft
2 Feb 2022RentedNew contract
AED 42,500/yr12 months · AED 78 per sqft
8 Apr 2020Sold by developerOff-plan
AED 725,000AED 1,325 per sqft

Source: Dubai Land Department. Updated 27 February 2025.

Key facts

Type
Studio apartment
Size
547 sqft
Floor
6th of 19
Parking
B3-33
Developer
Binghatti
Completed
2021
Service charge
AED 10,500 /yr
Last sold
AED 900K · February 2025

About 609, Millennium Binghatti Residences

609 is a studio of 547 sqft on the 6th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 27 February 2025 for AED 900,000, or AED 1,645 per sqft, 9% below the AED 1,805 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 May 2023, is AED 60,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 10,500 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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 2020: AED 725,000 (AED 1,325 per sqft)Sold, February 2025: AED 900,000 (AED 1,645 per sqft)

609 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 609, each contractTypical studio in Millennium Binghatti Residences
40K60K2021202320252027Typical 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, February 2022: AED 42,500 a yearRenewal, February 2023: AED 60,674 a yearNew contract, May 2023: 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 609 sits

All 118 studios →

609 last sold in February 2025 at AED 1,645 per sqft, 9% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,805). 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. 609'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
605StudioAED 776K · Apr 2019
606StudioAED 750K · Sep 2022
607StudioAED 920K · Dec 2023
1–7 of 11

609, Millennium Binghatti Residences in numbers

  • Sold twice: first on 8 April 2020 for AED 725,000, last on 27 February 2025 for AED 900,000 (AED 1,645 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, from AED 42,500 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 6.7%, before a service charge of about AED 10,500 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 27 February 2025.

Questions about 609, Millennium Binghatti Residences

What did unit 609 last sell for?

AED 900,000 on 27 February 2025: AED 1,645 per sqft for 547 sqft. The unit has 2 registered sales; the first was AED 725,000 in April 2020.

What is the rent for unit 609?

AED 60,000 a year on the contract signed on 1 May 2023. The previous contract, from February 2023, was AED 60,674; the unit has been rented since February 2022.

How big is unit 609?

547 sqft (50.8 sqm): a studio on the 6th floor of a 19-storey tower completed in 2021.

What is unit 609 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 609, Millennium Binghatti Residences

Starts from the last sale price (AED 900K, 27 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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