1408, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Millennium Binghatti Residences
What is 1408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,344 sqft
- Floor
- 14th of 19
- Parking
- P1-32, P1-33
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 25,800 /yr
- Last sold
- AED 1.59M · November 2020
- Building
- Millennium Binghatti Residences
About 1408, Millennium Binghatti Residences
1408 is a two-bedroom apartment of 1,344 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 19 November 2020 for AED 1,592,956, or AED 1,185 per sqft, 5% above the AED 1,125 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 6 March 2025, is AED 150,000 a year: a gross yield of 9.4% on the 2020 price, before the service charge of about AED 25,800 a year.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Millennium Binghatti Residences, and where 1408 sits
All 56 2-beds →1408 last sold in November 2020 at AED 1,185 per sqft, 5% above what two-beds in Millennium Binghatti Residences were fetching at the time (AED 1,125). Over the last 12 months two-beds sold for AED 2,360,000, around AED 1,652 per sqft, and rent for AED 125,000 to 150,000 a year. 1408's AED 150,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,428 sqft | 2,360,000 | 1,652 | ||
| 2 Jun 20252 June 2025 | 1,389 sqft | 2,125,000 | 1,530 | ||
| 10 Feb 202510 February 2025 | 1,432 sqft | 1,610,000 | 1,124 | ||
| 28 Oct 202428 October 2024 | 1,398 sqft | 1,200,000 | 858 |
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 90K /yr
- Typical yield
- 7.5%
Other units on the 14th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,399 sqft | AED 1.35MAED 1,350,000 · Jul 2023July 2023 | ||
| 1402 | Studio | 532 sqft | AED 1MAED 1,000,772 · Feb 2020February 2020 | ||
| 1403 | 1-bed | 820 sqft | AED 1.4MAED 1,399,578 · Jun 2019June 2019 | ||
| 1404 | 2-bed | 1,423 sqft | AED 1.54MAED 1,540,000 · Mar 2021March 2021 | ||
| 1405 | Studio | 528 sqft | AED 760KAED 760,000 · Dec 2019December 2019 | 70,000 /yr | |
| 1406 | Studio | 475 sqft | AED 963KAED 962,598 · Apr 2019April 2019 | ||
| 1407 | Studio | 430 sqft | AED 1MAED 1,000,886 · Jul 2019July 2019 | ||
| 1409 | Studio | 509 sqft | AED 1.02MAED 1,023,892 · Apr 2019April 2019 | ||
| 1410 | Studio | 534 sqft | AED 1.05MAED 1,051,573 · Jul 2019July 2019 | ||
| 1411 | 1-bed | 850 sqft | AED 1.48MAED 1,479,296 · Jul 2019July 2019 | ||
| 1412 | 1-bed | 1,092 sqft | AED 1.55MAED 1,554,948 · Aug 2019August 2019 |
1408, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 19 November 2020 for AED 1,592,956, or AED 1,185 per sqft.
- Rented since December 2021 on 3 Ejari contracts, from AED 100,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2020 price is 9.4%, before a service charge of about AED 25,800 a year (AED 19.21 per sqft).
- Two-beds in Millennium Binghatti Residences sold for AED 2,360,000–2,360,000 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 6 March 2025.
Questions about 1408, Millennium Binghatti Residences
What did unit 1408 last sell for?
AED 1,592,956 on 19 November 2020, sold by the developer: AED 1,185 per sqft for 1,344 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 150,000 a year on the contract renewed on 6 March 2025. The previous contract, from December 2022, was AED 100,000; the unit has been rented since December 2021.
How big is unit 1408?
1,344 sqft (124.9 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower completed in 2021.
What is unit 1408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Millennium Binghatti Residences sold for AED 2,360,000 to 2,360,000 in the last 12 months, around AED 1,652 per sqft.
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Mortgage on 1408, Millennium Binghatti Residences
Starts from the last sale price (AED 1.59M, 19 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,592,956
- Deposit, UAE resident (20%)
- AED 318,591
- Deposit, non-resident (40%)
- AED 637,182
- Monthly over 25 years at 3.7%
- AED 6,517
Plus AED 71,914 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →