1-bed · 1,093 sqftMillennium Binghatti Residences, Business Bay · 10th floor · completed 2021

1012, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 13 January 2022
Last soldAED 1M13 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1012, Millennium Binghatti Residences

What is 1012 worth today?

Last sold for AED 1,000,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Jan 2022Sold by developerReady
AED 1,000,000AED 914 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 January 2022.

Key facts

Type
1-bed apartment
Size
1,093 sqft
Floor
10th of 19
Parking
P1-24
Developer
Binghatti
Completed
2021
Service charge
AED 21,000 /yr
Last sold
AED 1M · January 2022

About 1012, Millennium Binghatti Residences

1012 is a one-bedroom apartment of 1,093 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 13 January 2022 for AED 1,000,000, or AED 914 per sqft, 7% below the AED 979 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1012 over time

Sales
Unit 1012, each saleTypical one-bed in Millennium Binghatti Residences
1M1.25M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,442,473; 2021 AED 917,116; 2022 AED 925,000; 2023 AED 1,150,000; 2024 AED 1,300,000; 2025 AED 1,200,000; 2026 AED 1,250,000Sold by developer, January 2022: AED 1,000,000 (AED 914 per sqft)

1012 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1012, each contractTypical one-bed in Millennium Binghatti Residences
80K100K2021202320252027Typical rent by year: 2021 AED 72,000; 2022 AED 67,000; 2023 AED 80,000; 2024 AED 85,000; 2025 AED 95,000; 2026 AED 102,000

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

1-beds in Millennium Binghatti Residences, and where 1012 sits

All 55 1-beds →

1012 last sold in January 2022 at AED 914 per sqft, 7% below what one-beds in Millennium Binghatti Residences were fetching at the time (AED 979). Over the last 12 months one-beds sold for AED 1,152,037 to 1,400,000, around AED 1,475 per sqft, and rent for AED 80,000 to 110,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20261,250,000
22 Jan 20261,200,000
21 Jan 20261,400,000
16 Dec 20251,152,037
5 1-bed 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
1007StudioAED 810K · Jan 2022
1–7 of 21

1012, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 13 January 2022 for AED 1,000,000, or AED 914 per sqft.
  • One-beds in Millennium Binghatti Residences sold for AED 1,152,037–1,400,000 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 13 January 2022.

Questions about 1012, Millennium Binghatti Residences

What did unit 1012 last sell for?

AED 1,000,000 on 13 January 2022, sold by the developer: AED 914 per sqft for 1,093 sqft. It is the only registered sale of the unit.

How big is unit 1012?

1,093 sqft (101.5 sqm): a one-bedroom apartment on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millennium Binghatti Residences sold for AED 1,152,037 to 1,400,000 in the last 12 months, around AED 1,475 per sqft.

Selling 1012? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1012, Millennium Binghatti Residences

Starts from the last sale price (AED 1M, 13 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →