Studio · 340 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 7th floor · completed 2012

712, 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.

Unit 712 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 280K19 November 2018
Current rentAED 50K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Millenium Tower by Uniestate

What is 712 worth today?

Last sold for AED 280,000 in 2018

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3 Feb 2026RentedNew contract
AED 50,000/yr12 months · AED 145 per sqft
5 Aug 2025RentedNew contract
AED 42,800/yr12 months · AED 126 per sqft
5 Aug 2024RentedRenewal
AED 40,800/yr12 months · AED 122 per sqft
5 Aug 2023RentedNew contract
AED 38,000/yr12 months · AED 110 per sqft
20 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
7 Jan 2020RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
19 Nov 2018Sold by developerReady
AED 280,000AED 823 per sqft
4 Sep 2018RentedNew contract
AED 34,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
Studio apartment
Size
340 sqft
Floor
7th of 9
Parking
P2-29
Developer
Uniestate Properties
Completed
2012
Last sold
AED 280K · November 2018

About 712, Millenium Tower by Uniestate

712 is a studio of 340 sqft on the 7th 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 7 Ejari contracts. The current contract, signed on 3 February 2026, is AED 50,000 a year: a gross yield of 17.9% on the 2018 price.

Sales and rents for 712 over time

Sales
Unit 712, 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, November 2018: AED 280,000 (AED 823 per sqft)

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

Rents
Unit 712, 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, September 2018: AED 34,000 a yearNew contract, January 2020: AED 25,000 a yearNew contract, July 2021: AED 24,000 a yearNew contract, August 2023: AED 38,000 a yearRenewal, August 2024: AED 40,800 a yearNew contract, August 2025: AED 42,800 a yearNew contract, February 2026: AED 50,000 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 712 sits

All 90 studios →

712 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. 712's AED 50,000 is in the upper 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
7011-bedAED 1.32M · Dec 2025
702StudioAED 360K · Nov 2024
703StudioAED 558K · Jul 2026
704StudioAED 549K · Nov 2025
705StudioAED 299K · Nov 2018
7061-bedAED 1.04M · Apr 2025
707StudioAED 522K · Mar 2026
1–7 of 13

712, 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 September 2018 on 7 Ejari contracts. The rent fell from AED 34,000 to AED 24,000 in 2021 and recovered to AED 50,000 by February 2026.
  • At AED 50,000 a year the gross yield on the 2018 price is 17.9%.
  • 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 3 February 2026.

Questions about 712, Millenium Tower by Uniestate

What did unit 712 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 712?

AED 50,000 a year on the contract signed on 3 February 2026. The previous contract, from August 2025, was AED 42,800; the unit has been rented since September 2018.

How big is unit 712?

340 sqft (31.6 sqm): a studio on the 7th floor of a 9-storey tower completed in 2012.

What is unit 712 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 712, 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 →