
1102, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1102, Millennium Binghatti Residences
What is 1102 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 523 sqft
- Floor
- 11th of 19
- Parking
- B2-70
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 10,000 /yr
- Last sold
- AED 624K · August 2021
- Building
- Millennium Binghatti Residences
About 1102, Millennium Binghatti Residences
1102 is a studio of 523 sqft on the 11th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 30 August 2021 for AED 624,000, or AED 1,193 per sqft, 4% below the AED 1,249 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 71,000 a year: a gross yield of 11.4% on the 2021 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1102 over time
1102 has sold once; the dashed line is the studio median of each year in the building.
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 1102 sits
All 116 studios →1102 last sold in August 2021 at AED 1,193 per sqft, 4% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,249). 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. 1102's AED 71,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Millennium Binghatti Residences
Building236 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%
Other units on the 11th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,398 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 135,000 /yr | |
| 1103 | 1-bed | 819 sqft | AED 930KAED 930,000 · Oct 2021October 2021 | 100,000 /yr | |
| 1104 | 2-bed | 1,402 sqft | AED 1.6MAED 1,600,000 · May 2022May 2022 | 147,000 /yr | |
| 1105 | Studio | 524 sqft | AED 925KAED 925,000 · Nov 2024November 2024 | ||
| 1106 | Studio | 481 sqft | AED 1.05MAED 1,050,000 · May 2024May 2024 | 65,000 /yr | |
| 1107 | Studio | 426 sqft | AED 650KAED 650,211 · Feb 2020February 2020 | 46,000 /yr | |
| 1108 | 2-bed | 1,323 sqft | AED 1.58MAED 1,580,000 · Nov 2022November 2022 | ||
| 1109 | Studio | 515 sqft | AED 600KAED 600,000 · Mar 2022March 2022 | ||
| 1110 | Studio | 527 sqft | AED 810KAED 810,000 · Jul 2025July 2025 | ||
| 1111 | 1-bed | 846 sqft | AED 1.25MAED 1,250,000 · Feb 2026February 2026 | 120,000 /yr | |
| 1112 | 1-bed | 1,087 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 |
1102, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 30 August 2021 for AED 624,000, or AED 1,193 per sqft.
- Rented since February 2023 on 3 Ejari contracts, from AED 45,000 to AED 71,000 a year.
- At AED 71,000 a year the gross yield on the 2021 price is 11.4%, before a service charge of about AED 10,000 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 1 July 2025.
Questions about 1102, Millennium Binghatti Residences
What did unit 1102 last sell for?
AED 624,000 on 30 August 2021, sold by the developer: AED 1,193 per sqft for 523 sqft. It is the only registered sale of the unit.
What is the rent for unit 1102?
AED 71,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 71,000; the unit has been rented since February 2023.
How big is unit 1102?
523 sqft (48.6 sqm): a studio on the 11th floor of a 19-storey tower completed in 2021.
What is unit 1102 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 1102, Millennium Binghatti Residences
Starts from the last sale price (AED 624K, 30 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 624,000
- Deposit, UAE resident (20%)
- AED 124,800
- Deposit, non-resident (40%)
- AED 249,600
- Monthly over 25 years at 3.7%
- AED 2,553
Plus AED 31,218 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →