Studio · 523 sqftMillennium Binghatti Residences, Business Bay · 12th floor · completed 2021

1205, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in July 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 23 July 2019
Last soldAED 1.07M23 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Millennium Binghatti Residences

What is 1205 worth today?

Last sold for AED 1,069,628 in 2019

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23 Jul 2019Sold by developerOff-plan
AED 1,069,628AED 2,043 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2019.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
12th of 19
Parking
P2-25
Developer
Binghatti
Completed
2021
Service charge
AED 10,100 /yr
Last sold
AED 1.07M · July 2019

About 1205, Millennium Binghatti Residences

1205 is a studio of 523 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 23 July 2019 for AED 1,069,628, or AED 2,043 per sqft, 14% above the AED 1,793 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical studio in Millennium Binghatti Residences
750K1M20182020202220242026Typical 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, July 2019: AED 1,069,628 (AED 2,043 per sqft)

1205 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1205, 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 72,595

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 1205 sits

All 116 studios →

1205 last sold in July 2019 at AED 2,043 per sqft, 14% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,793). 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.

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
12012-bedAED 1.18M · Nov 2020
1202StudioAED 672K · Mar 2021
1203AED 882K · Nov 2020
12042-bedAED 2.13M · Jun 2025
1206StudioAED 660K · Jul 2019
1207StudioAED 650K · Mar 2020
1208AED 2.55M · Oct 2025
1–7 of 11

1205, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 23 July 2019 for AED 1,069,628, or AED 2,043 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 23 July 2019.

Questions about 1205, Millennium Binghatti Residences

What did unit 1205 last sell for?

AED 1,069,628 on 23 July 2019, sold by the developer: AED 2,043 per sqft for 523 sqft. It is the only registered sale of the unit.

How big is unit 1205?

523 sqft (48.6 sqm): a studio on the 12th floor of a 19-storey tower completed in 2021.

What is unit 1205 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 1205, Millennium Binghatti Residences

Starts from the last sale price (AED 1.07M, 23 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,069,628
Deposit, UAE resident (20%)
AED 213,926
Deposit, non-resident (40%)
AED 427,851
Monthly over 25 years at 3.7%
AED 4,376

Plus AED 49,934 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →