Studio · 523 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

507, Millenium Tower by Uniestate

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

Unit 507 · DLD and Ejari recordsUpdated 2 May 2026
Last soldAED 653K2 May 2026
Current rentAED 30K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Millenium Tower by Uniestate

What is 507 worth today?

Last sold for AED 653,238 in 2026

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2 May 2026Sold by developerReady
AED 653,238AED 1,250 per sqft
1 Jan 2024RentedRenewal
AED 30,188/yr9 months · AED 58 per sqft
1 Jan 2023RentedRenewal
AED 26,000/yr12 months · AED 50 per sqft
1 Jan 2022RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
1 Jan 2021RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
4 Sep 2019RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
4 Sep 2018RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 2 May 2026.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
5th of 9
Parking
P1-03
Developer
Uniestate Properties
Completed
2012
Last sold
AED 653K · May 2026

About 507, Millenium Tower by Uniestate

507 is a studio of 523 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 2 May 2026 for AED 653,238, or AED 1,250 per sqft, in line with the AED 1,250 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 30,188 a year: a gross yield of 4.6% on the 2026 price.

Sales and rents for 507 over time

Sales
Unit 507, 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, May 2026: AED 653,238 (AED 1,250 per sqft)

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

Rents
Unit 507, 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, September 2018: AED 40,000 a yearRenewal, September 2019: AED 40,000 a yearNew contract, January 2021: AED 28,000 a yearRenewal, January 2022: AED 25,000 a yearRenewal, January 2023: AED 26,000 a yearRenewal, January 2024: AED 30,188 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 507 sits

All 90 studios →

507 last sold in May 2026 at AED 1,250 per sqft, in line with what studios in Millenium Tower by Uniestate were fetching at the time (AED 1,250). 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. 507's AED 30,188 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Jul 2026557,635
18 May 2026653,775
9 Mar 2026522,000
15 Jan 2026653,775
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
504StudioAED 270K · Mar 2023
505StudioAED 280K · Jan 2023
5061-bedAED 1.15M · Jun 2025
508StudioAED 380K · Jan 2024
1–7 of 13

507, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 2 May 2026 for AED 653,238, or AED 1,250 per sqft.
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 25,000 in 2022 and recovered to AED 30,188 by January 2024.
  • At AED 30,188 a year the gross yield on the 2026 price is 4.6%.
  • 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 2 May 2026.

Questions about 507, Millenium Tower by Uniestate

What did unit 507 last sell for?

AED 653,238 on 2 May 2026, sold by the developer: AED 1,250 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 30,188 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 26,000; the unit has been rented since September 2018.

How big is unit 507?

523 sqft (48.6 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.

What is unit 507 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 507, Millenium Tower by Uniestate

Starts from the last sale price (AED 653K, 2 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 653,238
Deposit, UAE resident (20%)
AED 130,648
Deposit, non-resident (40%)
AED 261,295
Monthly over 25 years at 3.7%
AED 2,673

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