1-bed · 1,064 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

506, Millenium Tower by Uniestate

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

Unit 506 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 1.15M9 June 2025
Current rentAED 62K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Millenium Tower by Uniestate

What is 506 worth today?

Last sold for AED 1,149,741 in 2025

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1 Apr 2026RentedNew contract
AED 62,000/yr12 months · AED 58 per sqft
9 Jun 2025Sold by developerReady
AED 1,149,741AED 1,081 per sqft
1 Apr 2025RentedNew contract
AED 70,351/yr12 months · AED 66 per sqft
31 Aug 2021RentedNew contract
AED 36,923/yr13 months · AED 35 per sqft
16 Oct 2019RentedNew contract
AED 53,000/yr12 months · AED 50 per sqft
27 Aug 2018RentedNew contract
AED 53,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
5th of 9
Parking
B-19
Developer
Uniestate Properties
Completed
2012
Last sold
AED 1.15M · June 2025

About 506, Millenium Tower by Uniestate

506 is a one-bedroom apartment of 1,064 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 9 June 2025 for AED 1,149,741, or AED 1,081 per sqft, 15% above the AED 936 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 April 2026, is AED 62,000 a year: a gross yield of 5.4% on the 2025 price.

Sales and rents for 506 over time

Sales
Unit 506, 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, June 2025: AED 1,149,741 (AED 1,081 per sqft)

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

Rents
Unit 506, 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, August 2021: AED 36,923 a yearNew contract, April 2025: AED 70,351 a yearNew contract, April 2026: AED 62,000 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 506 sits

All 36 1-beds →

506 last sold in June 2025 at AED 1,081 per sqft, 15% above what one-beds in Millenium Tower by Uniestate were fetching at the time (AED 936). 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. 506's AED 62,000 is in the lower half 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
5011-bedAED 1.3M · Mar 2026
502StudioAED 310K · Feb 2019
503StudioAED 313K · Mar 2019
504StudioAED 270K · Mar 2023
505StudioAED 280K · Jan 2023
507StudioAED 653K · May 2026
508StudioAED 380K · Jan 2024
1–7 of 13

506, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 9 June 2025 for AED 1,149,741, or AED 1,081 per sqft.
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 53,000 to AED 36,923 in 2021 and recovered to AED 62,000 by April 2026.
  • At AED 62,000 a year the gross yield on the 2025 price is 5.4%.
  • 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 1 April 2026.

Questions about 506, Millenium Tower by Uniestate

What did unit 506 last sell for?

AED 1,149,741 on 9 June 2025, sold by the developer: AED 1,081 per sqft for 1,064 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 62,000 a year on the contract signed on 1 April 2026. The previous contract, from April 2025, was AED 70,351; the unit has been rented since August 2018.

How big is unit 506?

1,064 sqft (98.8 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.

What is unit 506 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 506, Millenium Tower by Uniestate

Starts from the last sale price (AED 1.15M, 9 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,149,741
Deposit, UAE resident (20%)
AED 229,948
Deposit, non-resident (40%)
AED 459,896
Monthly over 25 years at 3.7%
AED 4,704

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