1-bed · 822 sqftMillennium Binghatti Residences, Business Bay · 16th floor · completed 2021

1603, Millennium Binghatti Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

Unit 1603 · DLD and Ejari recordsUpdated 19 June 2019

Last soldAED 1.41M19 June 2019

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1603, Millennium Binghatti Residences

Today

What is 1603 worth today?

Last sold for AED 1,412,570 in 2019

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19 Jun 2019

19 Jun 2019Sold by developerOff-plan

AED 1,412,570AED 1,719 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 June 2019.

Key facts

Type: 1-bed apartment
Size: 822 sqft
Floor: 16th of 19
Parking: P1-30
Developer: Binghatti
Completed: 2021
Service charge: AED 15,800 /yr
Last sold: AED 1.41M · June 2019
Building: Millennium Binghatti Residences

About 1603, Millennium Binghatti Residences

1603 is a one-bedroom apartment of 822 sqft on the 16th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 19 June 2019 for AED 1,412,570, or AED 1,719 per sqft, in line with the AED 1,695 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales

Unit 1603, each saleTypical one-bed in Millennium Binghatti Residences

1603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1603, each contractTypical one-bed in Millennium Binghatti Residences

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Millennium Binghatti Residences, and where 1603 sits

All 55 1-beds →

1-beds in Millennium Binghatti Residences · last 12 months1,475 /sqft Millennium Binghatti Residences · all types1,556 /sqft

1603 last sold in June 2019 at AED 1,719 per sqft, in line with what one-beds in Millennium Binghatti Residences were fetching at the time (AED 1,695). Over the last 12 months one-beds sold for AED 1,152,037 to 1,400,000, around AED 1,475 per sqft, and rent for AED 80,000 to 110,000 a year.

Recent 1-bed sales	Size	Price (AED)	Per sqft
6 Feb 20266 February 2026	846 sqft	1,250,000	1,478
22 Jan 202622 January 2026	813 sqft	1,200,000	1,475
21 Jan 202621 January 2026	857 sqft	1,400,000	1,633
16 Dec 202516 December 2025	829 sqft	1,152,037	1,388

5 1-bed 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 →

Other units on the 16th floor

All 236 units in Millennium Binghatti Residences


1601	2-bed	1,414 sqft	AED 1.14MAED 1,138,634 · Jun 2021June 2021	115,000 /yr
1602	Studio	523 sqft	AED 600KAED 600,000 · Feb 2022February 2022	70,000 /yr
1604	2-bed	1,448 sqft	AED 1.52MAED 1,515,490 · Jun 2021June 2021
1605	Studio	541 sqft	AED 1.13MAED 1,133,584 · Jan 2020January 2020
1606	Studio	465 sqft	AED 589KAED 588,704 · Sep 2020September 2020
1607	Studio	443 sqft	AED 670KAED 670,000 · Jan 2022January 2022	80,000 /yr
1608	2-bed	1,419 sqft	AED 1.65MAED 1,650,000 · Sep 2022September 2022	130,000 /yr
1609	Studio	518 sqft	AED 650KAED 650,000 · Aug 2021August 2021	75,000 /yr
1610	Studio	527 sqft	AED 620KAED 620,000 · Nov 2021November 2021
1611	1-bed	841 sqft	AED 1.52MAED 1,518,588 · Jun 2019June 2019
1612	1-bed	1,107 sqft	AED 900KAED 900,000 · Feb 2022February 2022	100,000 /yr

1–7 of 11

1603, Millennium Binghatti Residences in numbers

Sold once: by Binghatti on 19 June 2019 for AED 1,412,570, or AED 1,719 per sqft.
One-beds in Millennium Binghatti Residences sold for AED 1,152,037–1,400,000 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 19 June 2019.

Questions about 1603, Millennium Binghatti Residences

What did unit 1603 last sell for?

AED 1,412,570 on 19 June 2019, sold by the developer: AED 1,719 per sqft for 822 sqft. It is the only registered sale of the unit.

How big is unit 1603?

822 sqft (76.4 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2021.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millennium Binghatti Residences sold for AED 1,152,037 to 1,400,000 in the last 12 months, around AED 1,475 per sqft.

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Mortgage on 1603, Millennium Binghatti Residences

Starts from the last sale price (AED 1.41M, 19 June 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,412,570
Deposit, UAE resident (20%): AED 282,514
Deposit, non-resident (40%): AED 565,028
Monthly over 25 years at 3.7%: AED 5,779

Plus AED 64,338 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →