Studio · 321 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

504, Millenium Tower by Uniestate

Sold prices and rental history: sold twice, last in March 2023, and rented once, from November 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 14 March 2023
Last soldAED 270K14 March 2023
Current rentAED 34K /yr1 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Millenium Tower by Uniestate

What is 504 worth today?

Last sold for AED 270,000 in 2023

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14 Mar 2023SoldReady
AED 270,000AED 841 per sqft
27 Feb 2019Sold by developerReady
AED 299,000AED 932 per sqft
1 Nov 2018RentedNew contract
AED 34,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 14 March 2023.

Key facts

Type
Studio apartment
Size
321 sqft
Floor
5th of 9
Parking
P1-01
Developer
Uniestate Properties
Completed
2012
Last sold
AED 270K · March 2023

About 504, Millenium Tower by Uniestate

504 is a studio of 321 sqft on the 5th floor of Millenium Tower by Uniestate, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Uniestate Properties. It last sold on 14 March 2023 for AED 270,000, or AED 841 per sqft, in line with the AED 840 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2018. The current contract, signed on 1 November 2018, is AED 34,000 a year: a gross yield of 12.6% on the 2023 price.

Sales and rents for 504 over time

Sales
Unit 504, 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 299,000 (AED 932 per sqft)Sold, March 2023: AED 270,000 (AED 841 per sqft)

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

Rents
Unit 504, 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, November 2018: AED 34,000 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 504 sits

All 90 studios →

504 last sold in March 2023 at AED 841 per sqft, in line with what studios in Millenium Tower by Uniestate were fetching at the time (AED 840). 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. 504's AED 34,000 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
503StudioAED 313K · Mar 2019
505StudioAED 280K · Jan 2023
5061-bedAED 1.15M · Jun 2025
507StudioAED 653K · May 2026
508StudioAED 380K · Jan 2024
1–7 of 13

504, Millenium Tower by Uniestate in numbers

  • Sold twice: first on 27 February 2019 for AED 299,000, last on 14 March 2023 for AED 270,000 (AED 841 per sqft).
  • Rented since November 2018 on one Ejari contract, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2023 price is 12.6%.
  • 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 14 March 2023.

Questions about 504, Millenium Tower by Uniestate

What did unit 504 last sell for?

AED 270,000 on 14 March 2023: AED 841 per sqft for 321 sqft. The unit has 2 registered sales; the first was AED 299,000 in February 2019.

What is the rent for unit 504?

AED 34,000 a year on the contract signed on 1 November 2018.

How big is unit 504?

321 sqft (29.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.

What is unit 504 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 504, Millenium Tower by Uniestate

Starts from the last sale price (AED 270K, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

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