Studio · 451 sqftMillennium Binghatti Residences, Business Bay · 7th floor · completed 2021

707, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 21 September 2026
Last soldAED 700K18 November 2021
Current rentAED 65K /yr21 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Millennium Binghatti Residences

What is 707 worth today?

Last sold for AED 700,000 in 2021

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21 Sep 2026RentedNew contract
AED 65,000/yr12 months · AED 144 per sqft
1 Sep 2025RentedNew contract
AED 74,000/yr12 months · AED 168 per sqft
30 Jun 2022RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
18 Nov 2021SoldReady
AED 700,000AED 1,552 per sqft
16 Feb 2020Sold by developerOff-plan
AED 637,368AED 1,413 per sqft

Source: Dubai Land Department. Updated 21 September 2026.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
7th of 19
Parking
B3-28
Developer
Binghatti
Completed
2021
Service charge
AED 8,700 /yr
Last sold
AED 700K · November 2021

About 707, Millennium Binghatti Residences

707 is a studio of 451 sqft on the 7th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 18 November 2021 for AED 700,000, or AED 1,552 per sqft, 25% above the AED 1,239 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 21 September 2026, is AED 65,000 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 8,700 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, February 2020: AED 637,368 (AED 1,413 per sqft)Sold, November 2021: AED 700,000 (AED 1,552 per sqft)

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

Rents
Unit 707, 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, June 2022: AED 60,000 a yearNew contract, September 2025: AED 74,000 a yearNew contract, September 2026: AED 65,000 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 707 sits

All 118 studios →

707 last sold in November 2021 at AED 1,552 per sqft, 25% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,239). 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. 707's AED 65,000 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
7012-bedAED 1.29M · Feb 2019
702StudioAED 650K · Jul 2022
7031-bedAED 850K · Aug 2021
7042-bedAED 1.35M · Sep 2021
705StudioAED 800K · Nov 2018
706StudioAED 670K · Apr 2019
7082-bedAED 1.29M · Mar 2023
1–7 of 11

707, Millennium Binghatti Residences in numbers

  • Sold twice: first on 16 February 2020 for AED 637,368, last on 18 November 2021 for AED 700,000 (AED 1,552 per sqft).
  • Rented since June 2022 on 3 Ejari contracts, from AED 60,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 9.3%, before a service charge of about AED 8,700 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 21 September 2026.

Questions about 707, Millennium Binghatti Residences

What did unit 707 last sell for?

AED 700,000 on 18 November 2021: AED 1,552 per sqft for 451 sqft. The unit has 2 registered sales; the first was AED 637,368 in February 2020.

What is the rent for unit 707?

AED 65,000 a year on the contract signed on 21 September 2026. The previous contract, from September 2025, was AED 74,000; the unit has been rented since June 2022.

How big is unit 707?

451 sqft (41.9 sqm): a studio on the 7th floor of a 19-storey tower completed in 2021.

What is unit 707 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 707, Millennium Binghatti Residences

Starts from the last sale price (AED 700K, 18 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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