1-bed · 889 sqftMillennium Binghatti Residences, Business Bay · 7th floor · completed 2021

703, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 850K15 August 2021
Current rentAED 82K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Millennium Binghatti Residences

What is 703 worth today?

Last sold for AED 850,000 in 2021

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20 Sep 2025RentedNew contract
AED 82,000/yr12 months · AED 92 per sqft
11 Aug 2022RentedNew contract
AED 102,000/yr12 months · AED 115 per sqft
12 Jun 2022RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
16 Dec 2021RentedNew contract
AED 108,000/yr6 months · AED 121 per sqft
15 Aug 2021Sold by developerReady
AED 850,000AED 955 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
1-bed apartment
Size
889 sqft
Floor
7th of 19
Parking
P1-19
Developer
Binghatti
Completed
2021
Service charge
AED 17,100 /yr
Last sold
AED 850K · August 2021

About 703, Millennium Binghatti Residences

703 is a one-bedroom apartment of 889 sqft on the 7th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 15 August 2021 for AED 850,000, or AED 955 per sqft, 4% below the AED 993 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 September 2025, is AED 82,000 a year: a gross yield of 9.7% on the 2021 price, before the service charge of about AED 17,100 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, August 2021: AED 850,000 (AED 955 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Millennium Binghatti Residences
75K100K2021202320252027Typical 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 85,000New contract, December 2021: AED 108,000 a yearNew contract, June 2022: AED 60,000 a yearNew contract, August 2022: AED 102,000 a yearNew contract, September 2025: AED 82,000 a year

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 703 sits

All 60 1-beds →

703 last sold in August 2021 at AED 955 per sqft, 4% below what one-beds in Millennium Binghatti Residences were fetching at the time (AED 993). 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. 703's AED 82,000 is in the lower half of that range.

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
7012-bedAED 1.29M · Feb 2019
702StudioAED 650K · Jul 2022
7042-bedAED 1.35M · Sep 2021
705StudioAED 800K · Nov 2018
706StudioAED 670K · Apr 2019
707StudioAED 700K · Nov 2021
7082-bedAED 1.29M · Mar 2023
1–7 of 11

703, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 15 August 2021 for AED 850,000, or AED 955 per sqft.
  • Rented since December 2021 on 4 Ejari contracts. The rent fell from AED 108,000 to AED 60,000 in 2022 and recovered to AED 82,000 by September 2025.
  • At AED 82,000 a year the gross yield on the 2021 price is 9.7%, before a service charge of about AED 17,100 a year (AED 19.21 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 20 September 2025.

Questions about 703, Millennium Binghatti Residences

What did unit 703 last sell for?

AED 850,000 on 15 August 2021, sold by the developer: AED 955 per sqft for 889 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 82,000 a year on the contract signed on 20 September 2025. The previous contract, from August 2022, was AED 102,000; the unit has been rented since December 2021.

How big is unit 703?

889 sqft (82.6 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2021.

What is unit 703 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 703, Millennium Binghatti Residences

Starts from the last sale price (AED 850K, 15 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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