Studio · 319 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 3rd floor · completed 2012

311, Millenium Tower by Uniestate

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

Unit 311 · DLD and Ejari recordsUpdated 27 November 2019
Last soldAED 278K21 January 2019
Current rentAED 10K /yr27 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Millenium Tower by Uniestate

What is 311 worth today?

Last sold for AED 278,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Nov 2019RentedRenewal
AED 9,613/yr25 months · AED 30 per sqft
21 Jan 2019Sold by developerReady
AED 278,000AED 870 per sqft
27 Nov 2018RentedNew contract
AED 32,000/yr12 months · AED 100 per sqft
15 Sep 2018RentedNew contract
AED 34,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 27 November 2019.

Key facts

Type
Studio apartment
Size
319 sqft
Floor
3rd of 9
Parking
P1-26
Developer
Uniestate Properties
Completed
2012
Last sold
AED 278K · January 2019

About 311, Millenium Tower by Uniestate

311 is a studio of 319 sqft on the 3rd 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 870 per sqft, in line with the AED 870 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 27 November 2019, is AED 9,613 a year: a gross yield of 3.5% on the 2019 price.

Sales and rents for 311 over time

Sales
Unit 311, 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 870 per sqft)

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

Rents
Unit 311, 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, November 2018: AED 32,000 a yearRenewal, November 2019: AED 9,613 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 311 sits

All 90 studios →

311 last sold in January 2019 at AED 870 per sqft, in line with 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. 311's AED 9,613 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
3011-bedAED 1.3M · Mar 2026
302StudioAED 313K · Feb 2019
303StudioAED 270K · Mar 2023
304StudioAED 299K · Dec 2018
305StudioAED 299K · Feb 2019
3061-bedAED 1.14M · Dec 2025
307StudioAED 370K · May 2023
1–7 of 13

311, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 21 January 2019 for AED 278,000, or AED 870 per sqft.
  • Rented since September 2018 on 3 Ejari contracts, from AED 34,000 to AED 9,613 a year.
  • At AED 9,613 a year the gross yield on the 2019 price is 3.5%.
  • 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 27 November 2019.

Questions about 311, Millenium Tower by Uniestate

What did unit 311 last sell for?

AED 278,000 on 21 January 2019, sold by the developer: AED 870 per sqft for 319 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 9,613 a year on the contract renewed on 27 November 2019. The previous contract, from November 2018, was AED 32,000; the unit has been rented since September 2018.

How big is unit 311?

319 sqft (29.6 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2012.

What is unit 311 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.

Selling 311? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 311, 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 →