1-bed · 1,272 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

501, Millenium Tower by Uniestate

Sold prices and rental history: sold once, by the developer in March 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 26 March 2026
Last soldAED 1.3M26 March 2026
Current rentAED 49K /yr24 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Millenium Tower by Uniestate

What is 501 worth today?

Last sold for AED 1,301,872 in 2026

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26 Mar 2026Sold by developerReady
AED 1,301,872AED 1,023 per sqft
24 Apr 2024RentedRenewal
AED 48,550/yr5 months · AED 38 per sqft
24 Apr 2023RentedRenewal
AED 48,300/yr12 months · AED 38 per sqft
10 Mar 2022RentedNew contract
AED 46,137/yr13 months · AED 36 per sqft
14 Dec 2020RentedNew contract
AED 44,000/yr14 months · AED 35 per sqft
11 Sep 2019RentedRenewal
AED 57,000/yr12 months · AED 45 per sqft
11 Sep 2018RentedNew contract
AED 57,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 26 March 2026.

Key facts

Type
1-bed apartment
Size
1,272 sqft
Floor
5th of 9
Parking
B-18
Developer
Uniestate Properties
Completed
2012
Last sold
AED 1.3M · March 2026

About 501, Millenium Tower by Uniestate

501 is a one-bedroom apartment of 1,272 sqft on the 5th 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 March 2026 for AED 1,301,872, or AED 1,023 per sqft, in line with the AED 1,035 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 24 April 2024, is AED 48,550 a year: a gross yield of 3.7% on the 2026 price.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Millenium Tower by Uniestate
1.2M2024202520262027Typical sale price by year: 2024 AED 1,065,735; 2025 AED 1,163,045; 2026 AED 1,161,513Sold by developer, March 2026: AED 1,301,872 (AED 1,023 per sqft)

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

Rents
Unit 501, 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, September 2018: AED 57,000 a yearRenewal, September 2019: AED 57,000 a yearNew contract, December 2020: AED 44,000 a yearNew contract, March 2022: AED 46,137 a yearRenewal, April 2023: AED 48,300 a yearRenewal, April 2024: AED 48,550 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 501 sits

All 36 1-beds →

501 last sold in March 2026 at AED 1,023 per sqft, in line with what one-beds in Millenium Tower by Uniestate were fetching at the time (AED 1,035). 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. 501's AED 48,550 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
502StudioAED 310K · Feb 2019
503StudioAED 313K · Mar 2019
504StudioAED 270K · Mar 2023
505StudioAED 280K · Jan 2023
5061-bedAED 1.15M · Jun 2025
507StudioAED 653K · May 2026
508StudioAED 380K · Jan 2024
1–7 of 13

501, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 26 March 2026 for AED 1,301,872, or AED 1,023 per sqft.
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 57,000 to AED 44,000 in 2020 and recovered to AED 48,550 by April 2024.
  • At AED 48,550 a year the gross yield on the 2026 price is 3.7%.
  • 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 March 2026.

Questions about 501, Millenium Tower by Uniestate

What did unit 501 last sell for?

AED 1,301,872 on 26 March 2026, sold by the developer: AED 1,023 per sqft for 1,272 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 48,550 a year on the contract renewed on 24 April 2024. The previous contract, from April 2023, was AED 48,300; the unit has been rented since September 2018.

How big is unit 501?

1,272 sqft (118.2 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.

What is unit 501 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 501, Millenium Tower by Uniestate

Starts from the last sale price (AED 1.3M, 26 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,301,872
Deposit, UAE resident (20%)
AED 260,374
Deposit, non-resident (40%)
AED 520,749
Monthly over 25 years at 3.7%
AED 5,326

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