Studio · 528 sqftMillennium Binghatti Residences, Business Bay · 14th floor · completed 2021

1405, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in December 2019, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 17 March 2025
Last soldAED 760K22 December 2019
Current rentAED 70K /yr17 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Millennium Binghatti Residences

What is 1405 worth today?

Last sold for AED 760,000 in 2019

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17 Mar 2025RentedNew contract
AED 70,000/yr12 months · AED 133 per sqft
22 Dec 2019Sold by developerOff-plan
AED 760,000AED 1,439 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 March 2025.

Key facts

Type
Studio apartment
Size
528 sqft
Floor
14th of 19
Parking
P2-13
Developer
Binghatti
Completed
2021
Service charge
AED 10,100 /yr
Last sold
AED 760K · December 2019

About 1405, Millennium Binghatti Residences

1405 is a studio of 528 sqft on the 14th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 22 December 2019 for AED 760,000, or AED 1,439 per sqft, 20% below the AED 1,793 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 March 2025. The current contract, signed on 17 March 2025, is AED 70,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical studio in Millennium Binghatti Residences
600K800K1M20182020202220242026Typical 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, December 2019: AED 760,000 (AED 1,439 per sqft)

1405 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1405, 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 72,595New contract, March 2025: AED 70,000 a year

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 1405 sits

All 116 studios →

1405 last sold in December 2019 at AED 1,439 per sqft, 20% below 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. 1405's AED 70,000 is in the lower half of that range.

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
14012-bedAED 1.35M · Jul 2023
1402StudioAED 1M · Feb 2020
14031-bedAED 1.4M · Jun 2019
14042-bedAED 1.54M · Mar 2021
1406StudioAED 963K · Apr 2019
1407StudioAED 1M · Jul 2019
14082-bedAED 1.59M · Nov 2020
1–7 of 11

1405, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 22 December 2019 for AED 760,000, or AED 1,439 per sqft.
  • Rented since March 2025 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 9.2%, before a service charge of about AED 10,100 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 17 March 2025.

Questions about 1405, Millennium Binghatti Residences

What did unit 1405 last sell for?

AED 760,000 on 22 December 2019, sold by the developer: AED 1,439 per sqft for 528 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 70,000 a year on the contract signed on 17 March 2025.

How big is unit 1405?

528 sqft (49.1 sqm): a studio on the 14th floor of a 19-storey tower completed in 2021.

What is unit 1405 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 1405, Millennium Binghatti Residences

Starts from the last sale price (AED 760K, 22 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

Plus AED 36,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →