R02, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in July 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R02, Millennium Binghatti Residences
What is R02 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,628 sqft
- Parking
- P1-48
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 31,300 /yr
- Last sold
- AED 1.6M · July 2021
- Building
- Millennium Binghatti Residences
About R02, Millennium Binghatti Residences
R02 is a two-bedroom apartment of 1,628 sqft of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 29 July 2021 for AED 1,600,000, or AED 982 per sqft, in line with the AED 991 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 147,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 31,300 a year.
Sales and rents for R02 over time
R02 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Millennium Binghatti Residences, and where R02 sits
All 62 2-beds →R02 last sold in July 2021 at AED 982 per sqft, in line with what two-beds in Millennium Binghatti Residences were fetching at the time (AED 991). Over the last 12 months two-beds sold for AED 1,590,000 to 2,360,000, around AED 1,462 per sqft, and rent for AED 94,426 to 260,000 a year. R02's AED 147,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,393 sqft | 1,590,000 | 1,141 | ||
| 8 May 20268 May 2026 | 1,402 sqft | 2,050,000 | 1,462 | ||
| 6 Feb 20266 February 2026 | 1,428 sqft | 2,360,000 | 1,652 | ||
| 27 Oct 202527 October 2025 | 1,310 sqft | 2,550,000 | 1,947 |
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%
R02, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 29 July 2021 for AED 1,600,000, or AED 982 per sqft.
- Rented since February 2022 on 6 Ejari contracts, from AED 100,000 to AED 147,000 a year.
- At AED 147,000 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 31,300 a year (AED 19.21 per sqft).
- Two-beds in Millennium Binghatti Residences sold for AED 1,590,000–2,360,000 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 1 March 2026.
Questions about R02, Millennium Binghatti Residences
What did unit R02 last sell for?
AED 1,600,000 on 29 July 2021, sold by the developer: AED 982 per sqft for 1,628 sqft. It is the only registered sale of the unit.
What is the rent for unit R02?
AED 147,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2026, was AED 147,000; the unit has been rented since February 2022.
How big is unit R02?
1,628 sqft (151.2 sqm): a two-bedroom apartment of a 19-storey tower completed in 2021.
What is unit R02 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Millennium Binghatti Residences sold for AED 1,590,000 to 2,360,000 in the last 12 months, around AED 1,462 per sqft.
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Mortgage on R02, Millennium Binghatti Residences
Starts from the last sale price (AED 1.6M, 29 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →