Studio · 343 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

503, Millenium Tower by Uniestate

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

Unit 503 · DLD and Ejari recordsUpdated 13 November 2025
Last soldAED 313K20 March 2019
Current rentAED 40K /yr13 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Millenium Tower by Uniestate

What is 503 worth today?

Last sold for AED 313,000 in 2019

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13 Nov 2025RentedNew contract
AED 40,000/yr12 months · AED 117 per sqft
21 Jun 2023RentedNew contract
AED 28,000/yr12 months · AED 82 per sqft
5 Jun 2021RentedNew contract
AED 20,000/yr13 months · AED 58 per sqft
20 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 58 per sqft
5 Sep 2019RentedNew contract
AED 27,000/yr12 months · AED 78 per sqft
20 Mar 2019Sold by developerReady
AED 313,000AED 912 per sqft
20 Oct 2018RentedNew contract
AED 34,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 13 November 2025.

Key facts

Type
Studio apartment
Size
343 sqft
Floor
5th of 9
Parking
P2-42
Developer
Uniestate Properties
Completed
2012
Last sold
AED 313K · March 2019

About 503, Millenium Tower by Uniestate

503 is a studio of 343 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 20 March 2019 for AED 313,000, or AED 912 per sqft, 5% above the AED 872 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 13 November 2025, is AED 40,000 a year: a gross yield of 12.8% on the 2019 price.

Sales and rents for 503 over time

Sales
Unit 503, 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, March 2019: AED 313,000 (AED 912 per sqft)

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

Rents
Unit 503, 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, October 2018: AED 34,000 a yearNew contract, September 2019: AED 27,000 a yearNew contract, January 2021: AED 20,000 a yearNew contract, June 2021: AED 20,000 a yearNew contract, June 2023: AED 28,000 a yearNew contract, November 2025: AED 40,000 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 503 sits

All 90 studios →

503 last sold in March 2019 at AED 912 per sqft, 5% above what studios in Millenium Tower by Uniestate were fetching at the time (AED 872). 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. 503's AED 40,000 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
5011-bedAED 1.3M · Mar 2026
502StudioAED 310K · Feb 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

503, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 20 March 2019 for AED 313,000, or AED 912 per sqft.
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 34,000 to AED 20,000 in 2021 and recovered to AED 40,000 by November 2025.
  • At AED 40,000 a year the gross yield on the 2019 price is 12.8%.
  • 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 13 November 2025.

Questions about 503, Millenium Tower by Uniestate

What did unit 503 last sell for?

AED 313,000 on 20 March 2019, sold by the developer: AED 912 per sqft for 343 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 40,000 a year on the contract signed on 13 November 2025. The previous contract, from June 2023, was AED 28,000; the unit has been rented since October 2018.

How big is unit 503?

343 sqft (31.9 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.

What is unit 503 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 503, Millenium Tower by Uniestate

Starts from the last sale price (AED 313K, 20 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 313,000
Deposit, UAE resident (20%)
AED 62,600
Deposit, non-resident (40%)
AED 125,200
Monthly over 25 years at 3.7%
AED 1,281

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