1306, Millennium Binghatti Residences
Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1306, Millennium Binghatti Residences
What is 1306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 479 sqft
- Floor
- 13th of 19
- Parking
- P2-18
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 9,200 /yr
- Last sold
- AED 1M · March 2024
- Building
- Millennium Binghatti Residences
About 1306, Millennium Binghatti Residences
1306 is a studio of 479 sqft on the 13th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 14 March 2024 for AED 1,000,000, or AED 2,086 per sqft, 12% above the AED 1,865 studios in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 13 January 2023, is AED 54,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 9,200 a year.
Sales and rents for 1306 over time
1306 has sold 3 times; 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 1306 sits
All 116 studios →1306 last sold in March 2024 at AED 2,086 per sqft, 12% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,865). 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. 1306's AED 54,000 is at the bottom 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 13th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,384 sqft | AED 1.29MAED 1,290,550 · Apr 2024April 2024 | ||
| 1302 | Studio | 528 sqft | AED 775KAED 775,000 · Oct 2023October 2023 | 70,000 /yr | |
| 1303 | 1-bed | 829 sqft | AED 1.15MAED 1,152,037 · Dec 2025December 2025 | ||
| 1304 | 2-bed | 1,394 sqft | AED 1.75MAED 1,750,000 · Feb 2024February 2024 | 180,000 /yr | |
| 1305 | Studio | 525 sqft | AED 1.12MAED 1,117,641 · Jul 2019July 2019 | ||
| 1307 | Studio | 426 sqft | AED 987KAED 986,716 · Sep 2019September 2019 | ||
| 1308 | 2-bed | 1,315 sqft | AED 1.3MAED 1,300,000 · Jan 2021January 2021 | ||
| 1309 | Studio | 515 sqft | AED 950KAED 950,000 · Nov 2024November 2024 | 43,000 /yr | |
| 1310 | Studio | 537 sqft | AED 700KAED 699,980 · Feb 2022February 2022 | ||
| 1311 | 1-bed | 840 sqft | AED 1.2MAED 1,200,000 · Sep 2024September 2024 | 99,000 /yr | |
| 1312 | 1-bed | 1,084 sqft | AED 975KAED 975,000 · Sep 2021September 2021 |
1306, Millennium Binghatti Residences in numbers
- Sold 3 times: first on 4 September 2019 for AED 677,641, last on 14 March 2024 for AED 1,000,000 (AED 2,086 per sqft).
- Rented since December 2021 on 2 Ejari contracts, from AED 40,000 to AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 9,200 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 14 March 2024.
Questions about 1306, Millennium Binghatti Residences
What did unit 1306 last sell for?
AED 1,000,000 on 14 March 2024: AED 2,086 per sqft for 479 sqft. The unit has 3 registered sales; the first was AED 677,641 in September 2019.
What is the rent for unit 1306?
AED 54,000 a year on the contract signed on 13 January 2023. The previous contract, from December 2021, was AED 40,000.
How big is unit 1306?
479 sqft (44.5 sqm): a studio on the 13th floor of a 19-storey tower completed in 2021.
What is unit 1306 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 1306, Millennium Binghatti Residences
Starts from the last sale price (AED 1M, 14 March 2024). 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 →