Studio · 343 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 6th floor · completed 2012

603, Millenium Tower by Uniestate

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 313K6 May 2019
Current rentAED 40K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Millenium Tower by Uniestate

What is 603 worth today?

Last sold for AED 313,000 in 2019

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25 Jul 2026RentedNew contract
AED 40,000/yr12 months · AED 116 per sqft
1 Jun 2025RentedRenewal
AED 40,000/yr12 months · AED 116 per sqft
1 Jun 2024RentedNew contract
AED 40,000/yr12 months · AED 116 per sqft
1 Jun 2023RentedRenewal
AED 25,600/yr12 months · AED 77 per sqft
1 Jun 2022RentedNew contract
AED 22,000/yr12 months · AED 64 per sqft
5 Jun 2021RentedNew contract
AED 21,000/yr12 months · AED 61 per sqft
6 May 2019Sold by developerReady
AED 313,000AED 912 per sqft
26 Feb 2019RentedNew contract
AED 34,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
Studio apartment
Size
343 sqft
Floor
6th of 9
Parking
P2-32
Developer
Uniestate Properties
Completed
2012
Last sold
AED 313K · May 2019

About 603, Millenium Tower by Uniestate

603 is a studio of 343 sqft on the 6th 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 6 May 2019 for AED 313,000, or AED 912 per sqft, 5% 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 25 July 2026, is AED 40,000 a year: a gross yield of 12.8% on the 2019 price.

Sales and rents for 603 over time

Sales
Unit 603, 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 2019: AED 313,000 (AED 912 per sqft)

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

Rents
Unit 603, 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, August 2018: AED 34,000 a yearNew contract, February 2019: AED 34,000 a yearNew contract, June 2021: AED 21,000 a yearNew contract, June 2022: AED 22,000 a yearRenewal, June 2023: AED 25,600 a yearNew contract, June 2024: AED 40,000 a yearRenewal, June 2025: AED 40,000 a yearNew contract, July 2026: AED 40,000 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 603 sits

All 90 studios →

603 last sold in May 2019 at AED 912 per sqft, 5% 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. 603's AED 40,000 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
6011-bedAED 1.26M · Aug 2025
602StudioAED 305K · Apr 2019
604StudioAED 258K · Mar 2023
605StudioAED 258K · Mar 2023
6061-bedAED 1.15M · May 2026
607StudioAED 523K · May 2025
608StudioAED 568K · Oct 2024
1–7 of 13

603, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 6 May 2019 for AED 313,000, or AED 912 per sqft.
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 21,000 in 2021 and recovered to AED 40,000 by July 2026.
  • At AED 40,000 a year the gross yield on the 2019 price is 12.8%.
  • 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 25 July 2026.

Questions about 603, Millenium Tower by Uniestate

What did unit 603 last sell for?

AED 313,000 on 6 May 2019, sold by the developer: AED 912 per sqft for 343 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 40,000 a year on the contract signed on 25 July 2026. The previous contract, from June 2025, was AED 40,000; the unit has been rented since August 2018.

How big is unit 603?

343 sqft (31.9 sqm): a studio on the 6th floor of a 9-storey tower completed in 2012.

What is unit 603 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 603, Millenium Tower by Uniestate

Starts from the last sale price (AED 313K, 6 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 313,000
Deposit, UAE resident (20%)
AED 62,600
Deposit, non-resident (40%)
AED 125,200
Monthly over 25 years at 3.7%
AED 1,281

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