Studio · 358 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

513, 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.

Unit 513 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 305K15 April 2019
Current rentAED 38K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Millenium Tower by Uniestate

What is 513 worth today?

Last sold for AED 305,000 in 2019

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1 May 2026RentedNew contract
AED 38,000/yr12 months · AED 106 per sqft
26 Mar 2025RentedNew contract
AED 35,000/yr12 months · AED 98 per sqft
1 Mar 2024RentedNew contract
AED 35,000/yr12 months · AED 99 per sqft
25 Feb 2023RentedRenewal
AED 23,000/yr12 months · AED 65 per sqft
25 Feb 2022RentedRenewal
AED 20,000/yr12 months · AED 56 per sqft
25 Feb 2021RentedNew contract
AED 18,000/yr12 months · AED 51 per sqft
1 Mar 2020RentedNew contract
AED 23,000/yr12 months · AED 65 per sqft
15 Apr 2019Sold by developerReady
AED 305,000AED 851 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
358 sqft
Floor
5th of 9
Parking
P1-08
Developer
Uniestate Properties
Completed
2012
Last sold
AED 305K · April 2019

About 513, Millenium Tower by Uniestate

513 is a studio of 358 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 15 April 2019 for AED 305,000, or AED 851 per sqft, in line with 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 1 May 2026, is AED 38,000 a year: a gross yield of 12.5% on the 2019 price.

Sales and rents for 513 over time

Sales
Unit 513, 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, April 2019: AED 305,000 (AED 851 per sqft)

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

Rents
Unit 513, each contractTypical studio in Millenium Tower by Uniestate
20K40K2018202120242027Typical 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, August 2018: AED 34,000 a yearNew contract, March 2020: AED 23,000 a yearNew contract, February 2021: AED 18,000 a yearRenewal, February 2022: AED 20,000 a yearRenewal, February 2023: AED 23,000 a yearNew contract, March 2024: AED 35,000 a yearNew contract, March 2025: AED 35,000 a yearNew contract, May 2026: AED 38,000 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 513 sits

All 90 studios →

513 last sold in April 2019 at AED 851 per sqft, in line with 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. 513's AED 38,000 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
504StudioAED 270K · Mar 2023
505StudioAED 280K · Jan 2023
5061-bedAED 1.15M · Jun 2025
507StudioAED 653K · May 2026
1–7 of 13

513, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 15 April 2019 for AED 305,000, or AED 851 per sqft.
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 18,000 in 2021 and recovered to AED 38,000 by May 2026.
  • At AED 38,000 a year the gross yield on the 2019 price is 12.5%.
  • 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 1 May 2026.

Questions about 513, Millenium Tower by Uniestate

What did unit 513 last sell for?

AED 305,000 on 15 April 2019, sold by the developer: AED 851 per sqft for 358 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 38,000 a year on the contract signed on 1 May 2026. The previous contract, from March 2025, was AED 35,000; the unit has been rented since August 2018.

How big is unit 513?

358 sqft (33.3 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.

What is unit 513 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 513, Millenium Tower by Uniestate

Starts from the last sale price (AED 305K, 15 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 305,000
Deposit, UAE resident (20%)
AED 61,000
Deposit, non-resident (40%)
AED 122,000
Monthly over 25 years at 3.7%
AED 1,248

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