R04, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R04, Millennium Binghatti Residences
What is R04 worth today?
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Source: Dubai Land Department. Updated 12 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,593 sqft
- Parking
- P2-33
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 30,600 /yr
- Last sold
- AED 1.4M · March 2022
- Building
- Millennium Binghatti Residences
About R04, Millennium Binghatti Residences
R04 is a two-bedroom apartment of 1,593 sqft of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 11 March 2022 for AED 1,400,000, or AED 878 per sqft, 11% below the AED 991 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 12 January 2026. The current contract, signed on 12 January 2026, is AED 245,000 a year: a gross yield of 17.5% on the 2022 price, before the service charge of about AED 30,600 a year.
Sales and rents for R04 over time
R04 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 R04 sits
All 62 2-beds →R04 last sold in March 2022 at AED 878 per sqft, 11% below 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. R04's AED 245,000 is in the upper 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%
R04, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 11 March 2022 for AED 1,400,000, or AED 878 per sqft.
- Rented since January 2026 on one Ejari contract, at AED 245,000 a year.
- At AED 245,000 a year the gross yield on the 2022 price is 17.5%, before a service charge of about AED 30,600 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 12 January 2026.
Questions about R04, Millennium Binghatti Residences
What did unit R04 last sell for?
AED 1,400,000 on 11 March 2022, sold by the developer: AED 878 per sqft for 1,593 sqft. It is the only registered sale of the unit.
What is the rent for unit R04?
AED 245,000 a year on the contract signed on 12 January 2026.
How big is unit R04?
1,593 sqft (148.0 sqm): a two-bedroom apartment of a 19-storey tower completed in 2021.
What is unit R04 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 R04, Millennium Binghatti Residences
Starts from the last sale price (AED 1.4M, 11 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →