511, Millenium Tower by Uniestate
Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Millenium Tower by Uniestate
What is 511 worth today?
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Source: Dubai Land Department. Updated 22 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 319 sqft
- Floor
- 5th of 9
- Parking
- P1-06
- Developer
- Uniestate Properties
- Completed
- 2012
- Last sold
- AED 290K · April 2019
- Building
- Millenium Tower by Uniestate
About 511, Millenium Tower by Uniestate
511 is a studio of 319 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 April 2019 for AED 290,000, or AED 907 per sqft, 4% above the AED 872 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 22 September 2025, is AED 40,000 a year: a gross yield of 13.8% on the 2019 price.
Sales and rents for 511 over time
511 has sold once; the dashed line is the studio median of each year in the building.
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 511 sits
All 90 studios →511 last sold in April 2019 at AED 907 per sqft, 4% 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. 511's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jul 202620 July 2026 | 343 sqft | 557,635 | 1,625 | ||
| 18 May 202618 May 2026 | 523 sqft | 653,775 | 1,250 | ||
| 2 May 20262 May 2026 | 523 sqft | 653,238 | 1,250 | ||
| 9 Mar 20269 March 2026 | 523 sqft | 522,000 | 998 |
Millenium Tower by Uniestate
Building126 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%
Other units on the 5th floor
All 126 units in Millenium Tower by Uniestate| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,272 sqft | AED 1.3MAED 1,301,872 · Mar 2026March 2026 | 48,550 /yr | |
| 502 | Studio | 346 sqft | AED 310KAED 310,000 · Feb 2019February 2019 | 44,000 /yr | |
| 503 | Studio | 343 sqft | AED 313KAED 313,000 · Mar 2019March 2019 | 40,000 /yr | |
| 504 | Studio | 321 sqft | AED 270KAED 270,000 · Mar 2023March 2023 | 34,000 /yr | |
| 505 | Studio | 321 sqft | AED 280KAED 280,000 · Jan 2023January 2023 | 33,075 /yr | |
| 506 | 1-bed | 1,064 sqft | AED 1.15MAED 1,149,741 · Jun 2025June 2025 | 62,000 /yr | |
| 507 | Studio | 523 sqft | AED 653KAED 653,238 · May 2026May 2026 | 30,188 /yr | |
| 508 | Studio | 568 sqft | AED 380KAED 380,000 · Jan 2024January 2024 | 45,000 /yr | |
| 509 | 1-bed | 1,101 sqft | AED 1.16MAED 1,158,348 · Mar 2026March 2026 | 70,000 /yr | |
| 510 | Studio | 319 sqft | AED 278KAED 278,000 · Jan 2019January 2019 | 30,000 /yr | |
| 512 | Studio | 340 sqft | AED 280KAED 280,000 · Nov 2018November 2018 | 37,000 /yr | |
| 513 | Studio | 358 sqft | AED 305KAED 305,000 · Apr 2019April 2019 | 38,000 /yr | |
| 514 | 1-bed | 1,184 sqft | AED 1.07MAED 1,065,735 · Sep 2024September 2024 | 45,000 /yr |
511, Millenium Tower by Uniestate in numbers
- Sold once: by Uniestate Properties on 2 April 2019 for AED 290,000, or AED 907 per sqft.
- Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 20,000 in 2021 and recovered to AED 40,000 by September 2025.
- At AED 40,000 a year the gross yield on the 2019 price is 13.8%.
- 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 22 September 2025.
Questions about 511, Millenium Tower by Uniestate
What did unit 511 last sell for?
AED 290,000 on 2 April 2019, sold by the developer: AED 907 per sqft for 319 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 40,000 a year on the contract signed on 22 September 2025. The previous contract, from September 2024, was AED 38,102; the unit has been rented since September 2018.
How big is unit 511?
319 sqft (29.6 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.
What is unit 511 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 511, Millenium Tower by Uniestate
Starts from the last sale price (AED 290K, 2 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 290,000
- Deposit, UAE resident (20%)
- AED 58,000
- Deposit, non-resident (40%)
- AED 116,000
- Monthly over 25 years at 3.7%
- AED 1,186
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →