706, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in April 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Millennium Binghatti Residences
What is 706 worth today?
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Source: Dubai Land Department. Updated 4 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 7th of 19
- Parking
- B3-29
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 8,800 /yr
- Last sold
- AED 670K · April 2019
- Building
- Millennium Binghatti Residences
About 706, Millennium Binghatti Residences
706 is a studio of 459 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 25 April 2019 for AED 670,000, or AED 1,458 per sqft, in line with the AED 1,486 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 4 July 2025, is AED 80,000 a year: a gross yield of 11.9% on the 2019 price, before the service charge of about AED 8,800 a year.
Sales and rents for 706 over time
706 has sold once; the dashed line is the studio median of each year in the building.
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 706 sits
All 118 studios →706 last sold in April 2019 at AED 1,458 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,486). 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. 706's AED 80,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 436 sqft | 900,000 | 2,065 | ||
| 3 Jul 20263 July 2026 | 528 sqft | 1,000,000 | 1,893 | ||
| 24 Apr 202624 April 2026 | 534 sqft | 725,000 | 1,358 | ||
| 11 Mar 202611 March 2026 | 508 sqft | 860,000 | 1,694 |
Millennium Binghatti Residences
Building236 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%
Other units on the 7th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,400 sqft | AED 1.29MAED 1,290,894 · Feb 2019February 2019 | ||
| 702 | Studio | 552 sqft | AED 650KAED 650,000 · Jul 2022July 2022 | ||
| 703 | 1-bed | 889 sqft | AED 850KAED 850,000 · Aug 2021August 2021 | 82,000 /yr | |
| 704 | 2-bed | 1,447 sqft | AED 1.35MAED 1,349,723 · Sep 2021September 2021 | ||
| 705 | Studio | 549 sqft | AED 800KAED 800,000 · Nov 2018November 2018 | ||
| 707 | Studio | 451 sqft | AED 700KAED 700,000 · Nov 2021November 2021 | 65,000 /yr | |
| 708 | 2-bed | 1,368 sqft | AED 1.29MAED 1,290,000 · Mar 2023March 2023 | ||
| 709 | Studio | 547 sqft | AED 703KAED 703,068 · Nov 2021November 2021 | 70,000 /yr | |
| 710 | Studio | 565 sqft | AED 1.03MAED 1,033,046 · Apr 2019April 2019 | ||
| 711 | 1-bed | 878 sqft | AED 1.48MAED 1,478,620 · Apr 2019April 2019 | ||
| 712 | 1-bed | 1,085 sqft | AED 1.35MAED 1,345,132 · Dec 2025December 2025 | 110,000 /yr |
706, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 25 April 2019 for AED 670,000, or AED 1,458 per sqft.
- Rented since December 2021 on 3 Ejari contracts, from AED 60,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2019 price is 11.9%, before a service charge of about AED 8,800 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 4 July 2025.
Questions about 706, Millennium Binghatti Residences
What did unit 706 last sell for?
AED 670,000 on 25 April 2019, sold by the developer: AED 1,458 per sqft for 459 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 80,000 a year on the contract signed on 4 July 2025. The previous contract, from January 2023, was AED 60,000; the unit has been rented since December 2021.
How big is unit 706?
459 sqft (42.6 sqm): a studio on the 7th floor of a 19-storey tower completed in 2021.
What is unit 706 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 706, Millennium Binghatti Residences
Starts from the last sale price (AED 670K, 25 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 670,000
- Deposit, UAE resident (20%)
- AED 134,000
- Deposit, non-resident (40%)
- AED 268,000
- Monthly over 25 years at 3.7%
- AED 2,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →