Studio · 547 sqftMillennium Binghatti Residences, Business Bay · 7th floor · completed 2021

709, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer 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 709 · DLD and Ejari recordsUpdated 6 December 2025
Last soldAED 703K25 November 2021
Current rentAED 70K /yr6 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Millennium Binghatti Residences

What is 709 worth today?

Last sold for AED 703,068 in 2021

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6 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 128 per sqft
15 Nov 2024RentedNew contract
AED 75,000/yr12 months · AED 137 per sqft
16 Feb 2022RentedNew contract
AED 43,000/yr12 months · AED 78 per sqft
25 Nov 2021Sold by developerReady
AED 703,068AED 1,285 per sqft

Source: Dubai Land Department. Updated 6 December 2025.

Key facts

Type
Studio apartment
Size
547 sqft
Floor
7th of 19
Parking
P1-08
Developer
Binghatti
Completed
2021
Service charge
AED 10,500 /yr
Last sold
AED 703K · November 2021

About 709, Millennium Binghatti Residences

709 is a studio of 547 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 November 2021 for AED 703,068, or AED 1,285 per sqft, in line with the AED 1,257 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 6 December 2025, is AED 70,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 10,500 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, November 2021: AED 703,068 (AED 1,285 per sqft)

709 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 709, each contractTypical studio in Millennium Binghatti Residences
40K60K80K2021202320252027Typical 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 43,000 a yearNew contract, November 2024: AED 75,000 a yearNew contract, December 2025: AED 70,000 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 709 sits

All 118 studios →

709 last sold in November 2021 at AED 1,285 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,257). 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. 709's AED 70,000 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
707StudioAED 700K · Nov 2021
1–7 of 11

709, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 25 November 2021 for AED 703,068, or AED 1,285 per sqft.
  • Rented since February 2022 on 3 Ejari contracts, from AED 43,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 10.0%, 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 6 December 2025.

Questions about 709, Millennium Binghatti Residences

What did unit 709 last sell for?

AED 703,068 on 25 November 2021, sold by the developer: AED 1,285 per sqft for 547 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 70,000 a year on the contract signed on 6 December 2025. The previous contract, from November 2024, was AED 75,000; the unit has been rented since February 2022.

How big is unit 709?

547 sqft (50.8 sqm): a studio on the 7th floor of a 19-storey tower completed in 2021.

What is unit 709 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 709, Millennium Binghatti Residences

Starts from the last sale price (AED 703K, 25 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 703,068
Deposit, UAE resident (20%)
AED 140,614
Deposit, non-resident (40%)
AED 281,227
Monthly over 25 years at 3.7%
AED 2,876

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