512, Millenium Tower by Uniestate
Sold prices and rental history: sold once, by the developer in November 2018, 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 512, Millenium Tower by Uniestate
What is 512 worth today?
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Source: Dubai Land Department. Updated 2 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 340 sqft
- Floor
- 5th of 9
- Parking
- P1-07
- Developer
- Uniestate Properties
- Completed
- 2012
- Last sold
- AED 280K · November 2018
- Building
- Millenium Tower by Uniestate
About 512, Millenium Tower by Uniestate
512 is a studio of 340 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 19 November 2018 for AED 280,000, or AED 823 per sqft, in line with the AED 823 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 2 June 2024, is AED 37,000 a year: a gross yield of 13.2% on the 2018 price.
Sales and rents for 512 over time
512 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 512 sits
All 90 studios →512 last sold in November 2018 at AED 823 per sqft, in line with what studios in Millenium Tower by Uniestate were fetching at the time (AED 823). 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. 512's AED 37,000 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 | |
| 511 | Studio | 319 sqft | AED 290KAED 290,000 · Apr 2019April 2019 | 40,000 /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 |
512, Millenium Tower by Uniestate in numbers
- Sold once: by Uniestate Properties on 19 November 2018 for AED 280,000, or AED 823 per sqft.
- Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 34,000 to AED 21,939 in 2021 and recovered to AED 37,000 by June 2024.
- At AED 37,000 a year the gross yield on the 2018 price is 13.2%.
- 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 June 2024.
Questions about 512, Millenium Tower by Uniestate
What did unit 512 last sell for?
AED 280,000 on 19 November 2018, sold by the developer: AED 823 per sqft for 340 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 37,000 a year on the contract signed on 2 June 2024. The previous contract, from April 2021, was AED 21,939; the unit has been rented since October 2018.
How big is unit 512?
340 sqft (31.6 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.
What is unit 512 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 512, Millenium Tower by Uniestate
Starts from the last sale price (AED 280K, 19 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 280,000
- Deposit, UAE resident (20%)
- AED 56,000
- Deposit, non-resident (40%)
- AED 112,000
- Monthly over 25 years at 3.7%
- AED 1,146
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →