Studio · 527 sqftMillennium Binghatti Residences, Business Bay · 16th floor · completed 2021

1610, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1610 · DLD and Ejari recordsUpdated 24 November 2021
Last soldAED 620K24 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1610, Millennium Binghatti Residences

What is 1610 worth today?

Last sold for AED 620,000 in 2021

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24 Nov 2021SoldReady
AED 620,000AED 1,177 per sqft
31 Jan 2021Sold by developerOff-plan
AED 400,000AED 759 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 November 2021.

Key facts

Type
Studio apartment
Size
527 sqft
Floor
16th of 19
Parking
B3-27
Developer
Binghatti
Completed
2021
Service charge
AED 10,100 /yr
Last sold
AED 620K · November 2021

About 1610, Millennium Binghatti Residences

1610 is a studio of 527 sqft on the 16th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 24 November 2021 for AED 620,000, or AED 1,177 per sqft, 6% below the AED 1,255 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1610 over time

Sales
Unit 1610, each saleTypical studio in Millennium Binghatti Residences
500K1M20182020202220242026Typical 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, January 2021: AED 400,000 (AED 759 per sqft)Sold, November 2021: AED 620,000 (AED 1,177 per sqft)

1610 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1610, 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 1610 sits

All 116 studios →

1610 last sold in November 2021 at AED 1,177 per sqft, 6% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,255). 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
16012-bedAED 1.14M · Jun 2021
1602StudioAED 600K · Feb 2022
16031-bedAED 1.41M · Jun 2019
16042-bedAED 1.52M · Jun 2021
1605StudioAED 1.13M · Jan 2020
1606StudioAED 589K · Sep 2020
1607StudioAED 670K · Jan 2022
1–7 of 11

1610, Millennium Binghatti Residences in numbers

  • Sold twice: first on 31 January 2021 for AED 400,000, last on 24 November 2021 for AED 620,000 (AED 1,177 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 24 November 2021.

Questions about 1610, Millennium Binghatti Residences

What did unit 1610 last sell for?

AED 620,000 on 24 November 2021: AED 1,177 per sqft for 527 sqft. The unit has 2 registered sales; the first was AED 400,000 in January 2021.

How big is unit 1610?

527 sqft (49.0 sqm): a studio on the 16th floor of a 19-storey tower completed in 2021.

What is unit 1610 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 1610, Millennium Binghatti Residences

Starts from the last sale price (AED 620K, 24 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

Plus AED 31,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →