1-bed · 1,184 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

514, Millenium Tower by Uniestate

Sold prices and rental history: sold once, by the developer in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1.07M5 September 2024
Current rentAED 45K /yr7 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Millenium Tower by Uniestate

What is 514 worth today?

Last sold for AED 1,065,735 in 2024

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5 Sep 2024Sold by developerReady
AED 1,065,735AED 900 per sqft
7 Jan 2023RentedRenewal
AED 45,000/yr12 months · AED 38 per sqft
8 Dec 2021RentedNew contract
AED 43,120/yr13 months · AED 36 per sqft
15 Feb 2021RentedNew contract
AED 58,000/yr12 months · AED 49 per sqft
25 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
30 Aug 2019RentedRenewal
AED 54,000/yr12 months · AED 46 per sqft
30 Aug 2018RentedNew contract
AED 54,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
1-bed apartment
Size
1,184 sqft
Floor
5th of 9
Parking
B-21
Developer
Uniestate Properties
Completed
2012
Last sold
AED 1.07M · September 2024

About 514, Millenium Tower by Uniestate

514 is a one-bedroom apartment of 1,184 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 5 September 2024 for AED 1,065,735, or AED 900 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 7 January 2023, is AED 45,000 a year: a gross yield of 4.2% on the 2024 price.

Sales and rents for 514 over time

Sales
Unit 514, 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, September 2024: AED 1,065,735 (AED 900 per sqft)

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

Rents
Unit 514, 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 54,000 a yearRenewal, August 2019: AED 54,000 a yearNew contract, October 2020: AED 50,000 a yearNew contract, February 2021: AED 58,000 a yearNew contract, December 2021: AED 43,120 a yearRenewal, January 2023: AED 45,000 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 514 sits

All 36 1-beds →

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. 514's AED 45,000 is at the bottom 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
5061-bedAED 1.15M · Jun 2025
507StudioAED 653K · May 2026
1–7 of 13

514, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 5 September 2024 for AED 1,065,735, or AED 900 per sqft.
  • Rented since August 2018 on 6 Ejari contracts, from AED 54,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 4.2%.
  • 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 5 September 2024.

Questions about 514, Millenium Tower by Uniestate

What did unit 514 last sell for?

AED 1,065,735 on 5 September 2024, sold by the developer: AED 900 per sqft for 1,184 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 45,000 a year on the contract renewed on 7 January 2023. The previous contract, from December 2021, was AED 43,120; the unit has been rented since August 2018.

How big is unit 514?

1,184 sqft (110.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.

What is unit 514 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 514, Millenium Tower by Uniestate

Starts from the last sale price (AED 1.07M, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,735
Deposit, UAE resident (20%)
AED 213,147
Deposit, non-resident (40%)
AED 426,294
Monthly over 25 years at 3.7%
AED 4,360

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