1-bed · 1,091 sqftMillennium Binghatti Residences, Business Bay · 6th floor · completed 2021

612, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in April 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 9 April 2020
Last soldAED 1.52M9 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Millennium Binghatti Residences

What is 612 worth today?

Last sold for AED 1,520,433 in 2020

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9 Apr 2020Sold by developerOff-plan
AED 1,520,433AED 1,393 per sqft

Source: Dubai Land Department. Updated 9 April 2020.

Key facts

Type
1-bed apartment
Size
1,091 sqft
Floor
6th of 19
Parking
P1-39
Developer
Binghatti
Completed
2021
Service charge
AED 21,000 /yr
Last sold
AED 1.52M · April 2020

About 612, Millennium Binghatti Residences

612 is a one-bedroom apartment of 1,091 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 9 April 2020 for AED 1,520,433, or AED 1,393 per sqft, in line with the AED 1,416 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical one-bed in Millennium Binghatti Residences
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,412,570; 2020 AED 910,000; 2021 AED 917,116; 2022 AED 930,000; 2023 AED 1,150,000; 2024 AED 1,300,000; 2025 AED 1,250,000; 2026 AED 1,400,000Sold by developer, April 2020: AED 1,520,433 (AED 1,393 per sqft)

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

Rents
Unit 612, each contractTypical one-bed in Millennium Binghatti Residences
80K2021202320252027Typical rent by year: 2021 AED 72,000; 2022 AED 67,000; 2023 AED 80,000; 2024 AED 84,000; 2025 AED 90,000; 2026 AED 85,000

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 612 sits

All 60 1-beds →

612 last sold in April 2020 at AED 1,393 per sqft, in line with what one-beds in Millennium Binghatti Residences were fetching at the time (AED 1,416). 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 salesUnit no.Price (AED)Summary
29 Sep 20261,400,000
13 Aug 20262,167,000
16 Mar 20261,550,000
6 Feb 20261,250,000
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 →
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

612, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 9 April 2020 for AED 1,520,433, or AED 1,393 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 9 April 2020.

Questions about 612, Millennium Binghatti Residences

What did unit 612 last sell for?

AED 1,520,433 on 9 April 2020, sold by the developer: AED 1,393 per sqft for 1,091 sqft. It is the only registered sale of the unit.

How big is unit 612?

1,091 sqft (101.4 sqm): a one-bedroom apartment on the 6th floor of a 19-storey tower completed in 2021.

What is unit 612 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 612, Millennium Binghatti Residences

Starts from the last sale price (AED 1.52M, 9 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,433
Deposit, UAE resident (20%)
AED 304,087
Deposit, non-resident (40%)
AED 608,173
Monthly over 25 years at 3.7%
AED 6,221

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