1-bed · 1,229 sqftMillennium Binghatti Residences, Business Bay · 1st floor · completed 2021

110, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 110 · DLD and Ejari recordsUpdated 24 July 2023
Last soldAED 904K15 August 2021
Current rentAED 67K /yr24 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, Millennium Binghatti Residences

What is 110 worth today?

Last sold for AED 903,980 in 2021

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24 Jul 2023RentedRenewal
AED 67,000/yr12 months · AED 55 per sqft
24 Jul 2022RentedNew contract
AED 67,000/yr12 months · AED 55 per sqft
1 Feb 2022RentedNew contract
AED 56,000/yr12 months · AED 46 per sqft
15 Aug 2021Sold by developerReady
AED 903,980AED 735 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 July 2023.

Key facts

Type
1-bed apartment
Size
1,229 sqft
Floor
1st of 19
Parking
B1-08
Developer
Binghatti
Completed
2021
Service charge
AED 23,600 /yr
Last sold
AED 904K · August 2021

About 110, Millennium Binghatti Residences

110 is a one-bedroom apartment of 1,229 sqft on the 1st floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 15 August 2021 for AED 903,980, or AED 735 per sqft, 26% below the AED 992 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 24 July 2023, is AED 67,000 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 23,600 a year.

Sales and rents for 110 over time

Sales
Unit 110, 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, August 2021: AED 903,980 (AED 735 per sqft)

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

Rents
Unit 110, each contractTypical one-bed in Millennium Binghatti Residences
50K75K100K2021202320252027Typical 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 102,000New contract, February 2022: AED 56,000 a yearNew contract, July 2022: AED 67,000 a yearRenewal, July 2023: AED 67,000 a year

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 110 sits

All 55 1-beds →

110 last sold in August 2021 at AED 735 per sqft, 26% below what one-beds in Millennium Binghatti Residences were fetching at the time (AED 992). 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. 110's AED 67,000 is at the bottom of that range.

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 90K /yr
Typical yield
7.5%
Millennium Binghatti Residences, Business Bay: prices, sales and rents →
Value
1011-bedAED 935K · Jun 2022
1022-bedAED 1.56M · Aug 2021
103StudioAED 790K · Mar 2022
104StudioAED 550K · Jun 2021
105StudioAED 680K · Jan 2019
1062-bedAED 2.27M · Sep 2019
107StudioAED 650K · Feb 2022
1–7 of 9

110, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 15 August 2021 for AED 903,980, or AED 735 per sqft.
  • Rented since February 2022 on 3 Ejari contracts, from AED 56,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2021 price is 7.4%, before a service charge of about AED 23,600 a year (AED 19.21 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 24 July 2023.

Questions about 110, Millennium Binghatti Residences

What did unit 110 last sell for?

AED 903,980 on 15 August 2021, sold by the developer: AED 735 per sqft for 1,229 sqft. It is the only registered sale of the unit.

What is the rent for unit 110?

AED 67,000 a year on the contract renewed on 24 July 2023. The previous contract, from July 2022, was AED 67,000; the unit has been rented since February 2022.

How big is unit 110?

1,229 sqft (114.2 sqm): a one-bedroom apartment on the 1st floor of a 19-storey tower completed in 2021.

What is unit 110 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.

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Mortgage on 110, Millennium Binghatti Residences

Starts from the last sale price (AED 904K, 15 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 903,980
Deposit, UAE resident (20%)
AED 180,796
Deposit, non-resident (40%)
AED 361,592
Monthly over 25 years at 3.7%
AED 3,698

Plus AED 42,977 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →