Studio · 472 sqftMillennium Binghatti Residences, Business Bay · 10th floor · completed 2021

1006, Millennium Binghatti Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in March 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 16 August 2025

Last soldAED 650K12 March 2020

Current rentAED 60K /yr16 August 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1006, Millennium Binghatti Residences

Today

What is 1006 worth today?

Last sold for AED 650,000 in 2020

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16 Aug 2025

16 Aug 2025RentedRenewal

AED 59,850/yr12 months · AED 129 per sqft

16 Aug 2024

16 Aug 2024RentedRenewal

AED 57,000/yr12 months · AED 123 per sqft

16 Aug 2023

16 Aug 2023RentedRenewal

AED 52,500/yr12 months · AED 111 per sqft

16 Aug 2022

16 Aug 2022RentedNew contract

AED 50,000/yr12 months · AED 106 per sqft

20 Dec 2021

20 Dec 2021RentedNew contract

AED 50,000/yr12 months · AED 106 per sqft

12 Mar 2020

12 Mar 2020Sold by developerOff-plan

AED 650,000AED 1,377 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 August 2025.

Key facts

Type: Studio apartment
Size: 472 sqft
Floor: 10th of 19
Parking: P2-45
Developer: Binghatti
Completed: 2021
Service charge: AED 9,100 /yr
Last sold: AED 650K · March 2020
Building: Millennium Binghatti Residences

About 1006, Millennium Binghatti Residences

1006 is a studio of 472 sqft on the 10th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 12 March 2020 for AED 650,000, or AED 1,377 per sqft, 18% below the AED 1,676 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 16 August 2025, is AED 59,850 a year: a gross yield of 9.2% on the 2020 price, before the service charge of about AED 9,100 a year.

Sales and rents for 1006 over time

Sales

Unit 1006, each saleTypical studio in Millennium Binghatti Residences

1006 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1006, each contractTypical studio in Millennium Binghatti Residences

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Millennium Binghatti Residences, and where 1006 sits

All 116 studios →

Studios in Millennium Binghatti Residences · last 12 months2,143 /sqft Millennium Binghatti Residences · all types1,556 /sqft

1006 last sold in March 2020 at AED 1,377 per sqft, 18% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,676). Over the last 12 months studios sold for AED 950,000 to 1,150,000, around AED 2,143 per sqft, and rent for AED 68,000 to 85,000 a year. 1006's AED 59,850 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
22 Jan 202622 January 2026	556 sqft	950,000	1,708
11 Dec 202511 December 2025	446 sqft	1,150,000	2,577
14 Jul 202514 July 2025	527 sqft	810,000	1,537
4 Jul 20254 July 2025	460 sqft	1,000,000	2,175

2 studio sales in the last 12 months

Millennium Binghatti Residences

Building

236 apartments, studios to 2-bed over 19 floors in Business Bay, completed in 2021 by Binghatti. 8 sold in the last 12 months.

Typical price per sqft: AED 1,556
Typical sale: AED 1.23M
Typical rent: AED 90K /yr
Typical yield: 7.5%

Millennium Binghatti Residences, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 236 units in Millennium Binghatti Residences


1001	2-bed	1,432 sqft	AED 1.61MAED 1,610,000 · Feb 2025February 2025	125,000 /yr
1002	Studio	550 sqft	AED 800KAED 800,000 · May 2024May 2024	72,530 /yr
1003	1-bed	825 sqft	AED 1.37MAED 1,372,235 · Feb 2019February 2019	80,000 /yr
1004	2-bed	98 sqft	AED 1.5MAED 1,500,000 · Oct 2018October 2018	200,000 /yr
1005	Studio	530 sqft	AED 1MAED 1,000,000 · Sep 2024September 2024	75,000 /yr
1007	Studio	432 sqft	AED 810KAED 810,000 · Jan 2022January 2022	63,000 /yr
1008		1,327 sqft	AED 2MAED 2,000,000 · Aug 2025August 2025
1009	Studio	509 sqft	AED 600KAED 600,000 · Apr 2022April 2022	73,000 /yr
1010	Studio	538 sqft	AED 605KAED 605,000 · Jan 2022January 2022	61,000 /yr
1011	1-bed	899 sqft	AED 1.1MAED 1,100,000 · Mar 2023March 2023	60,000 /yr
1012	1-bed	1,093 sqft	AED 1MAED 1,000,000 · Jan 2022January 2022
10E01	2-bed	1,419 sqft	AED 1.2MAED 1,200,000 · Feb 2022February 2022	125,000 /yr
10E02	Studio	534 sqft	AED 500KAED 500,000 · Mar 2021March 2021	72,000 /yr
10E03	1-bed	813 sqft	AED 808KAED 808,127 · Mar 2021March 2021
10E04	2-bed	1,404 sqft	AED 1.41MAED 1,405,113 · Apr 2021April 2021	135,000 /yr
10E05	Studio	525 sqft	AED 680KAED 680,000 · Sep 2021September 2021
10E06	Studio	477 sqft	AED 638KAED 638,250 · Aug 2021August 2021
10E07	Studio	428 sqft	AED 635KAED 635,000 · Mar 2021March 2021	75,000 /yr
10E08		1,324 sqft	AED 2.05MAED 2,050,000 · Sep 2025September 2025
10E09	Studio	509 sqft	AED 681KAED 681,000 · Jun 2021June 2021	53,000 /yr
10E10	1-bed	907 sqft	AED 907KAED 907,193 · Apr 2021April 2021	81,773 /yr

1–7 of 21

1006, Millennium Binghatti Residences in numbers

Sold once: by Binghatti on 12 March 2020 for AED 650,000, or AED 1,377 per sqft.
Rented since December 2021 on 5 Ejari contracts, from AED 50,000 to AED 59,850 a year.
At AED 59,850 a year the gross yield on the 2020 price is 9.2%, before a service charge of about AED 9,100 a year (AED 19.21 per sqft).
Studios in Millennium Binghatti Residences sold for AED 950,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,556 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 August 2025.

Questions about 1006, Millennium Binghatti Residences

What did unit 1006 last sell for?

AED 650,000 on 12 March 2020, sold by the developer: AED 1,377 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 1006?

AED 59,850 a year on the contract renewed on 16 August 2025. The previous contract, from August 2024, was AED 57,000; the unit has been rented since December 2021.

How big is unit 1006?

472 sqft (43.9 sqm): a studio on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Millennium Binghatti Residences sold for AED 950,000 to 1,150,000 in the last 12 months, around AED 2,143 per sqft.

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Mortgage on 1006, Millennium Binghatti Residences

Starts from the last sale price (AED 650K, 12 March 2020). Switch to today's estimate once you have unlocked it.

Price: AED 650,000
Deposit, UAE resident (20%): AED 130,000
Deposit, non-resident (40%): AED 260,000
Monthly over 25 years at 3.7%: AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →