1701, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in October 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Millennium Binghatti Residences
What is 1701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,403 sqft
- Floor
- 17th of 19
- Parking
- B2-08
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 26,900 /yr
- Last sold
- AED 1.23M · October 2021
- Building
- Millennium Binghatti Residences
About 1701, Millennium Binghatti Residences
1701 is a two-bedroom apartment of 1,403 sqft on the 17th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 6 October 2021 for AED 1,227,250, or AED 874 per sqft, 12% below the AED 991 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 110,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 26,900 a year.
Sales and rents for 1701 over time
1701 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 1701 sits
All 56 2-beds →1701 last sold in October 2021 at AED 874 per sqft, 12% below what two-beds in Millennium Binghatti Residences were fetching at the time (AED 991). 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. 1701's AED 110,000 is at the bottom 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 17th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | Studio | 522 sqft | AED 689KAED 689,044 · Mar 2021March 2021 | ||
| 1703 | 1-bed | 810 sqft | AED 908KAED 907,783 · Jun 2021June 2021 | ||
| 1704 | 2-bed | 1,508 sqft | AED 2.7MAED 2,700,000 · Apr 2024April 2024 | ||
| 1705 | Studio | 548 sqft | AED 1MAED 1,000,000 · Nov 2023November 2023 | 47,000 /yr | |
| 1706 | Studio | 461 sqft | AED 653KAED 652,960 · Oct 2021October 2021 | ||
| 1707 | Studio | 450 sqft | AED 995KAED 994,633 · Feb 2020February 2020 | 68,000 /yr | |
| 1708 | 2-bed | 1,428 sqft | AED 2.36MAED 2,360,000 · Feb 2026February 2026 | 145,000 /yr | |
| 1709 | Studio | 508 sqft | AED 629KAED 629,075 · Nov 2020November 2020 | 68,000 /yr | |
| 1710 | Studio | 536 sqft | AED 634KAED 633,773 · Nov 2020November 2020 | 68,000 /yr | |
| 1711 | 835 sqft | AED 1.29MAED 1,290,000 · Aug 2025August 2025 | 110,000 /yr | ||
| 1712 | 1-bed | 1,102 sqft | AED 1.29MAED 1,291,565 · Nov 2023November 2023 | 110,000 /yr |
1701, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 6 October 2021 for AED 1,227,250, or AED 874 per sqft.
- Rented since March 2022 on 4 Ejari contracts, from AED 75,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 26,900 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 15 March 2025.
Questions about 1701, Millennium Binghatti Residences
What did unit 1701 last sell for?
AED 1,227,250 on 6 October 2021, sold by the developer: AED 874 per sqft for 1,403 sqft. It is the only registered sale of the unit.
What is the rent for unit 1701?
AED 110,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 100,000; the unit has been rented since March 2022.
How big is unit 1701?
1,403 sqft (130.3 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2021.
What is unit 1701 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 1701, Millennium Binghatti Residences
Starts from the last sale price (AED 1.23M, 6 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,227,250
- Deposit, UAE resident (20%)
- AED 245,450
- Deposit, non-resident (40%)
- AED 490,900
- Monthly over 25 years at 3.7%
- AED 5,021
Plus AED 56,555 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →