829 sqftMillennium Binghatti Residences, Business Bay · 12th floor · completed 2021

1203, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 882K19 November 2020
Current rentAED 84K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Millennium Binghatti Residences

What is 1203 worth today?

Last sold for AED 882,117 in 2020

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1 May 2025RentedRenewal
AED 84,000/yr12 months · AED 101 per sqft
1 May 2024RentedNew contract
AED 84,000/yr12 months · AED 101 per sqft
4 Feb 2023RentedRenewal
AED 70,000/yr12 months · AED 84 per sqft
4 Feb 2022RentedNew contract
AED 64,000/yr12 months · AED 77 per sqft
19 Nov 2020Sold by developerOff-plan
AED 882,117AED 1,089 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Key facts

Type
Apartment
Size
829 sqft
Floor
12th of 19
Parking
P1-40
Developer
Binghatti
Completed
2021
Service charge
AED 15,900 /yr
Last sold
AED 882K · November 2020

About 1203, Millennium Binghatti Residences

1203 is an apartment of 829 sqft on the 12th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 19 November 2020 for AED 882,117, or AED 1,089 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 84,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 15,900 a year.

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
12012-bedAED 1.18M · Nov 2020
1202StudioAED 672K · Mar 2021
12042-bedAED 2.13M · Jun 2025
1205StudioAED 1.07M · Jul 2019
1206StudioAED 660K · Jul 2019
1207StudioAED 650K · Mar 2020
1208AED 2.55M · Oct 2025
1–7 of 11

1203, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 19 November 2020 for AED 882,117, or AED 1,089 per sqft.
  • Rented since February 2022 on 4 Ejari contracts, from AED 64,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 15,900 a year (AED 19.21 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Questions about 1203, Millennium Binghatti Residences

What did unit 1203 last sell for?

AED 882,117 on 19 November 2020, sold by the developer: AED 1,089 per sqft for 829 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 84,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 84,000; the unit has been rented since February 2022.

How big is unit 1203?

829 sqft (77.0 sqm): an apartment on the 12th floor of a 19-storey tower completed in 2021.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1203, Millennium Binghatti Residences

Starts from the last sale price (AED 882K, 19 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 882,117
Deposit, UAE resident (20%)
AED 176,423
Deposit, non-resident (40%)
AED 352,847
Monthly over 25 years at 3.7%
AED 3,609

Plus AED 42,059 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →