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1-bed · 1,332 sqftMillennium Binghatti Residences, Business Bay · completed 2021

R01, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in December 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R01 · DLD and Ejari recordsUpdated 11 October 2025
Last soldAED 1.3M4 December 2024
Current rentAED 100K /yr11 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for R01, Millennium Binghatti Residences

What is R01 worth today?

Last sold for AED 1,300,000 in 2024

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11 Oct 2025RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
4 Dec 2024SoldReady
AED 1,300,000AED 975 per sqft
13 Dec 2022RentedRenewal
AED 93,000/yr12 months · AED 70 per sqft
13 Dec 2021RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
18 Nov 2021Sold by developerReady
AED 950,000AED 713 per sqft

Source: Dubai Land Department. Updated 11 October 2025.

Key facts

Type
1-bed apartment
Size
1,332 sqft
Parking
P1-53
Developer
Binghatti
Completed
2021
Service charge
AED 25,600 /yr
Last sold
AED 1.3M · December 2024
Building
Millennium Binghatti Residences

About R01, Millennium Binghatti Residences

R01 is a one-bedroom apartment of 1,332 sqft of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 4 December 2024 for AED 1,300,000, or AED 975 per sqft, 26% below the AED 1,326 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 11 October 2025, is AED 100,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 25,600 a year.

Sales and rents for R01 over time

Sales
Unit R01, each saleTypical one-bed in Millennium Binghatti Residences
1M1.25M1.5M20192021202320252027Typical 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, November 2021: AED 950,000 (AED 713 per sqft)Sold, December 2024: AED 1,300,000 (AED 975 per sqft)

R01 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit R01, each contractTypical one-bed in Millennium Binghatti Residences
80K100K2021202320252027Typical 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 90,000 a yearRenewal, December 2022: AED 93,000 a yearNew contract, October 2025: AED 100,000 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 R01 sits

All 60 1-beds →

R01 last sold in December 2024 at AED 975 per sqft, 26% below what one-beds in Millennium Binghatti Residences were fetching at the time (AED 1,326). 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. R01's AED 100,000 is in the upper 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 →

R01, Millennium Binghatti Residences in numbers

  • Sold twice: first on 18 November 2021 for AED 950,000, last on 4 December 2024 for AED 1,300,000 (AED 975 per sqft).
  • Rented since December 2021 on 3 Ejari contracts, from AED 90,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 25,600 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 11 October 2025.

Questions about R01, Millennium Binghatti Residences

What did unit R01 last sell for?

AED 1,300,000 on 4 December 2024: AED 975 per sqft for 1,332 sqft. The unit has 2 registered sales; the first was AED 950,000 in November 2021.

What is the rent for unit R01?

AED 100,000 a year on the contract signed on 11 October 2025. The previous contract, from December 2022, was AED 93,000; the unit has been rented since December 2021.

How big is unit R01?

1,332 sqft (123.7 sqm): a one-bedroom apartment of a 19-storey tower completed in 2021.

What is unit R01 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 R01, Millennium Binghatti Residences

Starts from the last sale price (AED 1.3M, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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