Studio · 436 sqftMillennium Binghatti Residences, Business Bay · 15th floor · completed 2021

1507, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 22 February 2023
Last soldAED 950K22 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Millennium Binghatti Residences

What is 1507 worth today?

Last sold for AED 950,000 in 2023

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22 Feb 2023SoldReady
AED 950,000AED 2,180 per sqft
14 Oct 2019Sold by developerOff-plan
AED 957,769AED 2,198 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2023.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
15th of 19
Parking
B2-34
Developer
Binghatti
Completed
2021
Service charge
AED 8,400 /yr
Last sold
AED 950K · February 2023

About 1507, Millennium Binghatti Residences

1507 is a studio of 436 sqft on the 15th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 22 February 2023 for AED 950,000, or AED 2,180 per sqft, 85% above the AED 1,178 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, October 2019: AED 957,769 (AED 2,198 per sqft)Sold, February 2023: AED 950,000 (AED 2,180 per sqft)

1507 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1507, 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 1507 sits

All 116 studios →

1507 last sold in February 2023 at AED 2,180 per sqft, 85% above what studios in Millennium Binghatti Residences were fetching at the time (AED 1,178). 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
15012-bedAED 1.23M · Jun 2021
1502StudioAED 840K · Sep 2024
15031-bedAED 1.2M · Jan 2026
15042-bedAED 1.55M · Jun 2021
1505StudioAED 1M · Aug 2024
1506StudioAED 1.01M · Jun 2019
15082-bedAED 1.5M · Jan 2021
1–7 of 11

1507, Millennium Binghatti Residences in numbers

  • Sold twice: first on 14 October 2019 for AED 957,769, last on 22 February 2023 for AED 950,000 (AED 2,180 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 22 February 2023.

Questions about 1507, Millennium Binghatti Residences

What did unit 1507 last sell for?

AED 950,000 on 22 February 2023: AED 2,180 per sqft for 436 sqft. The unit has 2 registered sales; the first was AED 957,769 in October 2019.

How big is unit 1507?

436 sqft (40.5 sqm): a studio on the 15th floor of a 19-storey tower completed in 2021.

What is unit 1507 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 1507, Millennium Binghatti Residences

Starts from the last sale price (AED 950K, 22 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →