Studio · 432 sqftMillennium Binghatti Residences, Business Bay · 10th floor · completed 2021

1007, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in January 2022, and rented once, from April 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 15 April 2022
Last soldAED 810K27 January 2022
Current rentAED 63K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Millennium Binghatti Residences

What is 1007 worth today?

Last sold for AED 810,000 in 2022

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15 Apr 2022RentedNew contract
AED 63,000/yr12 months · AED 146 per sqft
27 Jan 2022SoldReady
AED 810,000AED 1,875 per sqft
2 Sep 2020Sold by developerOff-plan
AED 600,000AED 1,389 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2022.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
10th of 19
Parking
P2-20
Developer
Binghatti
Completed
2021
Service charge
AED 8,300 /yr
Last sold
AED 810K · January 2022

About 1007, Millennium Binghatti Residences

1007 is a studio of 432 sqft on the 10th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 27 January 2022 for AED 810,000, or AED 1,875 per sqft, 49% above the AED 1,259 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2022. The current contract, signed on 15 April 2022, is AED 63,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Millennium Binghatti Residences
600K800K1M20182020202220242026Typical sale price by year: 2018 AED 768,500; 2019 AED 974,171; 2020 AED 682,000; 2021 AED 650,000; 2022 AED 605,000; 2023 AED 900,000; 2024 AED 950,000; 2025 AED 920,000Sold by developer, September 2020: AED 600,000 (AED 1,389 per sqft)Sold, January 2022: AED 810,000 (AED 1,875 per sqft)

1007 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, each contractTypical studio in Millennium Binghatti Residences
60K2021202320252027Typical rent by year: 2021 AED 48,500; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 72,265; 2026 AED 72,595New contract, April 2022: AED 63,000 a year

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 1007 sits

All 116 studios →

1007 last sold in January 2022 at AED 1,875 per sqft, 49% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,259). 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. 1007's AED 63,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Jan 2026950,000
11 Dec 20251,150,000
14 Jul 2025810,000
4 Jul 20251,000,000
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 85K /yr
Typical yield
7.6%
Millennium Binghatti Residences, Business Bay: prices, sales and rents →
Value
10012-bedAED 1.61M · Feb 2025
1002StudioAED 800K · May 2024
10031-bedAED 1.37M · Feb 2019
10042-bedAED 1.5M · Oct 2018
1005StudioAED 1M · Sep 2024
1006StudioAED 650K · Mar 2020
1008AED 2M · Aug 2025
1–7 of 21

1007, Millennium Binghatti Residences in numbers

  • Sold twice: first on 2 September 2020 for AED 600,000, last on 27 January 2022 for AED 810,000 (AED 1,875 per sqft).
  • Rented since April 2022 on one Ejari contract, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 8,300 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 15 April 2022.

Questions about 1007, Millennium Binghatti Residences

What did unit 1007 last sell for?

AED 810,000 on 27 January 2022: AED 1,875 per sqft for 432 sqft. The unit has 2 registered sales; the first was AED 600,000 in September 2020.

What is the rent for unit 1007?

AED 63,000 a year on the contract signed on 15 April 2022.

How big is unit 1007?

432 sqft (40.1 sqm): a studio on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1007 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 1007, Millennium Binghatti Residences

Starts from the last sale price (AED 810K, 27 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

Plus AED 39,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →