Studio · 340 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 6th floor · completed 2012

612, Millenium Tower by Uniestate

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

Unit 612 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 299K16 January 2019
Current rentAED 31K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Millenium Tower by Uniestate

What is 612 worth today?

Last sold for AED 299,000 in 2019

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5 Sep 2025RentedRenewal
AED 30,550/yr12 months · AED 90 per sqft
5 Sep 2024RentedRenewal
AED 29,095/yr12 months · AED 86 per sqft
5 Sep 2023RentedRenewal
AED 26,450/yr12 months · AED 78 per sqft
5 Sep 2022RentedNew contract
AED 23,000/yr12 months · AED 68 per sqft
15 Sep 2021RentedNew contract
AED 20,000/yr12 months · AED 59 per sqft
1 May 2020RentedNew contract
AED 22,000/yr12 months · AED 64 per sqft
16 Jan 2019Sold by developerReady
AED 299,000AED 879 per sqft
3 Oct 2018RentedNew contract
AED 34,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
Studio apartment
Size
340 sqft
Floor
6th of 9
Parking
P2-39
Developer
Uniestate Properties
Completed
2012
Last sold
AED 299K · January 2019

About 612, Millenium Tower by Uniestate

612 is a studio of 340 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 16 January 2019 for AED 299,000, or AED 879 per sqft, in line with the AED 897 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 5 September 2025, is AED 30,550 a year: a gross yield of 10.2% on the 2019 price.

Sales and rents for 612 over time

Sales
Unit 612, 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, January 2019: AED 299,000 (AED 879 per sqft)

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

Rents
Unit 612, 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, October 2018: AED 34,000 a yearNew contract, May 2020: AED 22,000 a yearNew contract, September 2021: AED 20,000 a yearNew contract, September 2022: AED 23,000 a yearRenewal, September 2023: AED 26,450 a yearRenewal, September 2024: AED 29,095 a yearRenewal, September 2025: AED 30,550 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 612 sits

All 90 studios →

612 last sold in January 2019 at AED 879 per sqft, in line with what studios in Millenium Tower by Uniestate were fetching at the time (AED 897). 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. 612's AED 30,550 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
603StudioAED 313K · May 2019
604StudioAED 258K · Mar 2023
605StudioAED 258K · Mar 2023
6061-bedAED 1.15M · May 2026
607StudioAED 523K · May 2025
1–7 of 13

612, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 16 January 2019 for AED 299,000, or AED 879 per sqft.
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 34,000 to AED 20,000 in 2021 and recovered to AED 30,550 by September 2025.
  • At AED 30,550 a year the gross yield on the 2019 price is 10.2%.
  • 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 5 September 2025.

Questions about 612, Millenium Tower by Uniestate

What did unit 612 last sell for?

AED 299,000 on 16 January 2019, sold by the developer: AED 879 per sqft for 340 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 30,550 a year on the contract renewed on 5 September 2025. The previous contract, from September 2024, was AED 29,095; the unit has been rented since October 2018.

How big is unit 612?

340 sqft (31.6 sqm): a studio on the 6th floor of a 9-storey tower completed in 2012.

What is unit 612 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 612, Millenium Tower by Uniestate

Starts from the last sale price (AED 299K, 16 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 299,000
Deposit, UAE resident (20%)
AED 59,800
Deposit, non-resident (40%)
AED 119,600
Monthly over 25 years at 3.7%
AED 1,223

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