Studio · 569 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 4th floor · completed 2012

408, Millenium Tower by Uniestate

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

Unit 408 · DLD and Ejari recordsUpdated 4 March 2025
Last soldAED 480K4 March 2025
Current rentAED 30K /yr5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Millenium Tower by Uniestate

What is 408 worth today?

Last sold for AED 480,000 in 2025

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4 Mar 2025SoldReady
AED 480,000AED 844 per sqft
5 Sep 2023RentedNew contract
AED 29,700/yr12 months · AED 52 per sqft
5 Sep 2022RentedNew contract
AED 27,000/yr12 months · AED 47 per sqft
3 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 39 per sqft
15 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 53 per sqft
24 Feb 2019Sold by developerReady
AED 325,000AED 571 per sqft
27 Aug 2018RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 4 March 2025.

Key facts

Type
Studio apartment
Size
569 sqft
Floor
4th of 9
Parking
B-45
Developer
Uniestate Properties
Completed
2012
Last sold
AED 480K · March 2025

About 408, Millenium Tower by Uniestate

408 is a studio of 569 sqft on the 4th floor of Millenium Tower by Uniestate, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Uniestate Properties. It last sold on 4 March 2025 for AED 480,000, or AED 844 per sqft, 16% below the AED 999 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 5 September 2023, is AED 29,700 a year: a gross yield of 6.2% on the 2025 price.

Sales and rents for 408 over time

Sales
Unit 408, 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 325,000 (AED 571 per sqft)Sold, March 2025: AED 480,000 (AED 844 per sqft)

408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 408, 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, August 2018: AED 40,000 a yearNew contract, October 2019: AED 30,000 a yearNew contract, September 2020: AED 22,000 a yearNew contract, September 2022: AED 27,000 a yearNew contract, September 2023: AED 29,700 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 408 sits

All 90 studios →

408 last sold in March 2025 at AED 844 per sqft, 16% below what studios in Millenium Tower by Uniestate were fetching at the time (AED 999). 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. 408's AED 29,700 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
4011-bedAED 1.3M · Aug 2025
402StudioAED 270K · Dec 2022
403StudioAED 310K · Feb 2019
404StudioAED 270K · Jan 2023
405StudioAED 270K · Dec 2022
4061-bedAED 1.14M · Aug 2025
407StudioAED 654K · Jan 2026
1–7 of 13

408, Millenium Tower by Uniestate in numbers

  • Sold twice: first on 24 February 2019 for AED 325,000, last on 4 March 2025 for AED 480,000 (AED 844 per sqft).
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 22,000 in 2020 and recovered to AED 29,700 by September 2023.
  • At AED 29,700 a year the gross yield on the 2025 price is 6.2%.
  • 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 4 March 2025.

Questions about 408, Millenium Tower by Uniestate

What did unit 408 last sell for?

AED 480,000 on 4 March 2025: AED 844 per sqft for 569 sqft. The unit has 2 registered sales; the first was AED 325,000 in February 2019.

What is the rent for unit 408?

AED 29,700 a year on the contract signed on 5 September 2023. The previous contract, from September 2022, was AED 27,000; the unit has been rented since August 2018.

How big is unit 408?

569 sqft (52.9 sqm): a studio on the 4th floor of a 9-storey tower completed in 2012.

What is unit 408 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 408, Millenium Tower by Uniestate

Starts from the last sale price (AED 480K, 4 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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