Studio · 538 sqftMillennium Binghatti Residences, Business Bay · 10th floor · completed 2021

1010, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in January 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 605K28 January 2022
Current rentAED 61K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, Millennium Binghatti Residences

What is 1010 worth today?

Last sold for AED 605,000 in 2022

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10 Oct 2025RentedNew contract
AED 61,000/yr12 months · AED 113 per sqft
25 May 2025RentedNew contract
AED 65,000/yr12 months · AED 121 per sqft
10 May 2024RentedRenewal
AED 52,500/yr12 months · AED 98 per sqft
10 May 2023RentedRenewal
AED 50,000/yr12 months · AED 93 per sqft
28 Jan 2022Sold by developerReady
AED 605,000AED 1,124 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2025.

Key facts

Type
Studio apartment
Size
538 sqft
Floor
10th of 19
Parking
P2-48
Developer
Binghatti
Completed
2021
Service charge
AED 10,300 /yr
Last sold
AED 605K · January 2022

About 1010, Millennium Binghatti Residences

1010 is a studio of 538 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 28 January 2022 for AED 605,000, or AED 1,124 per sqft, 11% below the AED 1,257 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 10 October 2025, is AED 61,000 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, 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, January 2022: AED 605,000 (AED 1,124 per sqft)

1010 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1010, 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 72,595Renewal, May 2023: AED 50,000 a yearRenewal, May 2024: AED 52,500 a yearNew contract, May 2025: AED 65,000 a yearNew contract, October 2025: AED 61,000 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 1010 sits

All 116 studios →

1010 last sold in January 2022 at AED 1,124 per sqft, 11% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,257). 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. 1010's AED 61,000 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 90K /yr
Typical yield
7.5%
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
1007StudioAED 810K · Jan 2022
1–7 of 21

1010, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 28 January 2022 for AED 605,000, or AED 1,124 per sqft.
  • Rented since May 2023 on 4 Ejari contracts, from AED 50,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2022 price is 10.1%, before a service charge of about AED 10,300 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 10 October 2025.

Questions about 1010, Millennium Binghatti Residences

What did unit 1010 last sell for?

AED 605,000 on 28 January 2022, sold by the developer: AED 1,124 per sqft for 538 sqft. It is the only registered sale of the unit.

What is the rent for unit 1010?

AED 61,000 a year on the contract signed on 10 October 2025. The previous contract, from May 2025, was AED 65,000; the unit has been rented since May 2023.

How big is unit 1010?

538 sqft (50.0 sqm): a studio on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1010 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 1010, Millennium Binghatti Residences

Starts from the last sale price (AED 605K, 28 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

Plus AED 30,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →