Studio · 340 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 1st floor · completed 2012

112, Millenium Tower by Uniestate

Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 1 August 2021
Last soldAED 278K21 January 2019
Current rentAED 18K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Millenium Tower by Uniestate

What is 112 worth today?

Last sold for AED 278,000 in 2019

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1 Aug 2021RentedNew contract
AED 18,000/yr12 months · AED 53 per sqft
20 Mar 2021RentedRenewal
AED 22,000/yr12 months · AED 66 per sqft
20 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
21 Jan 2019Sold by developerReady
AED 278,000AED 817 per sqft
12 Dec 2018RentedNew contract
AED 32,000/yr12 months · AED 94 per sqft
15 Sep 2018RentedNew contract
AED 34,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 August 2021.

Key facts

Type
Studio apartment
Size
340 sqft
Floor
1st of 9
Parking
B-39
Developer
Uniestate Properties
Completed
2012
Last sold
AED 278K · January 2019

About 112, Millenium Tower by Uniestate

112 is a studio of 340 sqft on the 1st floor of Millenium Tower by Uniestate, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Uniestate Properties. The developer sold it on 21 January 2019 for AED 278,000, or AED 817 per sqft, 6% below the AED 870 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 August 2021, is AED 18,000 a year: a gross yield of 6.5% on the 2019 price.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical studio in Millenium Tower by Uniestate
400K600K2018202120242027Typical sale price by year: 2018 AED 294,000; 2019 AED 299,000; 2022 AED 270,000; 2023 AED 280,000; 2024 AED 427,500; 2025 AED 535,955; 2026 AED 653,238Sold by developer, January 2019: AED 278,000 (AED 817 per sqft)

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

Rents
Unit 112, each contractTypical studio in Millenium Tower by Uniestate
20K40K2018202120242027Typical rent by year: 2018 AED 34,000; 2019 AED 29,460; 2020 AED 25,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 29,850; 2024 AED 33,000; 2025 AED 40,000; 2026 AED 42,000New contract, September 2018: AED 34,000 a yearNew contract, December 2018: AED 32,000 a yearNew contract, March 2020: AED 25,000 a yearRenewal, March 2021: AED 22,000 a yearNew contract, August 2021: AED 18,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Millenium Tower by Uniestate, and where 112 sits

All 90 studios →

112 last sold in January 2019 at AED 817 per sqft, 6% below what studios in Millenium Tower by Uniestate were fetching at the time (AED 870). Over the last 12 months studios sold for AED 367,000 to 653,775, around AED 1,250 per sqft, and rent for AED 20,000 to 65,000 a year. 112's AED 18,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Jul 2026557,635
18 May 2026653,775
2 May 2026653,238
9 Mar 2026522,000
7 studio sales in the last 12 months

Millenium Tower by Uniestate

Building

126 apartments, studios to 1-bed over 9 floors in Dubai Silicon Oasis, completed in 2012 by Uniestate Properties. 23 sold in the last 12 months.

Typical price per sqft
AED 1,052 Up 2.2%
Typical sale
AED 1.16M
Typical rent
AED 44K /yr
Typical yield
10.1%
Millenium Tower by Uniestate, Dubai Silicon Oasis: prices, sales and rents →
Value
1011-bedAED 1.3M · Jan 2026
102StudioAED 270K · Mar 2023
103StudioAED 320K · Aug 2019
104StudioAED 285K · Jul 2023
105StudioAED 280K · Apr 2023
1061-bedAED 1.13M · Sep 2025
107StudioAED 375K · Dec 2023
1–7 of 13

112, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 21 January 2019 for AED 278,000, or AED 817 per sqft.
  • Rented since September 2018 on 5 Ejari contracts, from AED 34,000 to AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2019 price is 6.5%.
  • Studios in Millenium Tower by Uniestate sold for AED 367,000–653,775 in the 12 months to November 2026; the building's median across all types is AED 1,052 per sqft.

Source: Dubai Land Department. Updated 1 August 2021.

Questions about 112, Millenium Tower by Uniestate

What did unit 112 last sell for?

AED 278,000 on 21 January 2019, sold by the developer: AED 817 per sqft for 340 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 18,000 a year on the contract signed on 1 August 2021. The previous contract, from March 2021, was AED 22,000; the unit has been rented since September 2018.

How big is unit 112?

340 sqft (31.6 sqm): a studio on the 1st floor of a 9-storey tower completed in 2012.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Millenium Tower by Uniestate sold for AED 367,000 to 653,775 in the last 12 months, around AED 1,250 per sqft.

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Mortgage on 112, Millenium Tower by Uniestate

Starts from the last sale price (AED 278K, 21 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 278,000
Deposit, UAE resident (20%)
AED 55,600
Deposit, non-resident (40%)
AED 111,200
Monthly over 25 years at 3.7%
AED 1,137

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