1-bed · 1,059 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 4th floor · completed 2012

406, Millenium Tower by Uniestate

Sold prices and rental history: sold once, by the developer in August 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 26 August 2025
Last soldAED 1.14M26 August 2025
Current rentAED 50K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Millenium Tower by Uniestate

What is 406 worth today?

Last sold for AED 1,144,617 in 2025

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26 Aug 2025Sold by developerReady
AED 1,144,617AED 1,081 per sqft
10 May 2025RentedNew contract
AED 50,000/yr12 months · AED 47 per sqft
1 Jan 2024RentedRenewal
AED 44,140/yr9 months · AED 42 per sqft
1 Jan 2023RentedRenewal
AED 42,000/yr12 months · AED 40 per sqft
1 Jan 2022RentedRenewal
AED 42,000/yr12 months · AED 40 per sqft
1 Dec 2020RentedNew contract
AED 44,000/yr13 months · AED 42 per sqft
1 Oct 2019RentedNew contract
AED 53,000/yr14 months · AED 50 per sqft
16 Aug 2018RentedNew contract
AED 53,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 26 August 2025.

Key facts

Type
1-bed apartment
Size
1,059 sqft
Floor
4th of 9
Parking
B-15
Developer
Uniestate Properties
Completed
2012
Last sold
AED 1.14M · August 2025

About 406, Millenium Tower by Uniestate

406 is a one-bedroom apartment of 1,059 sqft on the 4th 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 26 August 2025 for AED 1,144,617, or AED 1,081 per sqft, 9% above the AED 993 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 10 May 2025, is AED 50,000 a year: a gross yield of 4.4% on the 2025 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Millenium Tower by Uniestate
1.05M1.1M1.15M2024202520262027Typical sale price by year: 2024 AED 1,065,735; 2025 AED 1,163,045; 2026 AED 1,161,513Sold by developer, August 2025: AED 1,144,617 (AED 1,081 per sqft)

406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Millenium Tower by Uniestate
40K60K2018202120242027Typical rent by year: 2018 AED 53,500; 2019 AED 53,000; 2020 AED 44,000; 2021 AED 42,000; 2022 AED 42,000; 2023 AED 44,100; 2024 AED 46,437; 2025 AED 67,000; 2026 AED 70,000New contract, August 2018: AED 53,000 a yearNew contract, October 2019: AED 53,000 a yearNew contract, December 2020: AED 44,000 a yearRenewal, January 2022: AED 42,000 a yearRenewal, January 2023: AED 42,000 a yearRenewal, January 2024: AED 44,140 a yearNew contract, May 2025: AED 50,000 a year

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

1-beds in Millenium Tower by Uniestate, and where 406 sits

All 36 1-beds →

406 last sold in August 2025 at AED 1,081 per sqft, 9% above what one-beds in Millenium Tower by Uniestate were fetching at the time (AED 993). Over the last 12 months one-beds sold for AED 1,013,777 to 1,316,499, around AED 1,046 per sqft, and rent for AED 50,000 to 90,000 a year. 406's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jun 20261,018,856
20 May 20261,156,794
18 May 20261,150,477
8 Apr 20261,164,678
16 1-bed 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
4011-bedAED 1.3M · Aug 2025
402StudioAED 270K · Dec 2022
403StudioAED 310K · Feb 2019
404StudioAED 270K · Jan 2023
405StudioAED 270K · Dec 2022
407StudioAED 654K · Jan 2026
408StudioAED 480K · Mar 2025
1–7 of 13

406, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 26 August 2025 for AED 1,144,617, or AED 1,081 per sqft.
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 42,000 in 2023 and recovered to AED 50,000 by May 2025.
  • At AED 50,000 a year the gross yield on the 2025 price is 4.4%.
  • One-beds in Millenium Tower by Uniestate sold for AED 1,013,777–1,316,499 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 26 August 2025.

Questions about 406, Millenium Tower by Uniestate

What did unit 406 last sell for?

AED 1,144,617 on 26 August 2025, sold by the developer: AED 1,081 per sqft for 1,059 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 50,000 a year on the contract signed on 10 May 2025. The previous contract, from January 2024, was AED 44,140; the unit has been rented since August 2018.

How big is unit 406?

1,059 sqft (98.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2012.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millenium Tower by Uniestate sold for AED 1,013,777 to 1,316,499 in the last 12 months, around AED 1,046 per sqft.

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Mortgage on 406, Millenium Tower by Uniestate

Starts from the last sale price (AED 1.14M, 26 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,144,617
Deposit, UAE resident (20%)
AED 228,923
Deposit, non-resident (40%)
AED 457,847
Monthly over 25 years at 3.7%
AED 4,683

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