Studio · 340 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 3rd floor · completed 2012

312, Millenium Tower by Uniestate

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

Unit 312 · DLD and Ejari recordsUpdated 21 March 2026
Last soldAED 280K24 February 2019
Current rentAED 37K /yr21 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Millenium Tower by Uniestate

What is 312 worth today?

Last sold for AED 280,000 in 2019

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21 Mar 2026RentedRenewal
AED 37,000/yr12 months · AED 107 per sqft
21 Mar 2025RentedNew contract
AED 37,000/yr12 months · AED 107 per sqft
21 Mar 2023RentedNew contract
AED 27,000/yr12 months · AED 78 per sqft
19 Mar 2022RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
14 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
14 Mar 2019RentedNew contract
AED 27,000/yr12 months · AED 79 per sqft
24 Feb 2019Sold by developerReady
AED 280,000AED 823 per sqft

Source: Dubai Land Department. Updated 21 March 2026.

Key facts

Type
Studio apartment
Size
340 sqft
Floor
3rd of 9
Parking
P1-27
Developer
Uniestate Properties
Completed
2012
Last sold
AED 280K · February 2019

About 312, Millenium Tower by Uniestate

312 is a studio of 340 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 24 February 2019 for AED 280,000, or AED 823 per sqft, 5% below the AED 870 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 21 March 2026, is AED 37,000 a year: a gross yield of 13.2% on the 2019 price.

Sales and rents for 312 over time

Sales
Unit 312, 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, February 2019: AED 280,000 (AED 823 per sqft)

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

Rents
Unit 312, each contractTypical studio in Millenium Tower by Uniestate
20K30K40K2018202120242027Typical 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, March 2019: AED 27,000 a yearNew contract, March 2020: AED 25,000 a yearNew contract, March 2022: AED 24,000 a yearNew contract, March 2023: AED 27,000 a yearNew contract, March 2025: AED 37,000 a yearRenewal, March 2026: AED 37,000 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 312 sits

All 90 studios →

312 last sold in February 2019 at AED 823 per sqft, 5% 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. 312's AED 37,000 is in the lower half 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

312, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 24 February 2019 for AED 280,000, or AED 823 per sqft.
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 27,000 to AED 24,000 in 2022 and recovered to AED 37,000 by March 2026.
  • At AED 37,000 a year the gross yield on the 2019 price is 13.2%.
  • 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 21 March 2026.

Questions about 312, Millenium Tower by Uniestate

What did unit 312 last sell for?

AED 280,000 on 24 February 2019, sold by the developer: AED 823 per sqft for 340 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 37,000 a year on the contract renewed on 21 March 2026. The previous contract, from March 2025, was AED 37,000; the unit has been rented since March 2019.

How big is unit 312?

340 sqft (31.6 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2012.

What is unit 312 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 312, Millenium Tower by Uniestate

Starts from the last sale price (AED 280K, 24 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 280,000
Deposit, UAE resident (20%)
AED 56,000
Deposit, non-resident (40%)
AED 112,000
Monthly over 25 years at 3.7%
AED 1,146

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