1709, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in November 2020, 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 1709, Millennium Binghatti Residences
What is 1709 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 508 sqft
- Floor
- 17th of 19
- Parking
- P3-29
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 9,800 /yr
- Last sold
- AED 629K · November 2020
- Building
- Millennium Binghatti Residences
About 1709, Millennium Binghatti Residences
1709 is a studio of 508 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 19 November 2020 for AED 629,075, or AED 1,239 per sqft, 13% below the AED 1,430 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 5 June 2025, is AED 68,000 a year: a gross yield of 10.8% on the 2020 price, before the service charge of about AED 9,800 a year.
Sales and rents for 1709 over time
1709 has sold once; the dashed line is the studio median of each year in the building.
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 1709 sits
All 116 studios →1709 last sold in November 2020 at AED 1,239 per sqft, 13% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,430). 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. 1709's AED 68,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 556 sqft | 950,000 | 1,708 | ||
| 11 Dec 202511 December 2025 | 446 sqft | 1,150,000 | 2,577 | ||
| 14 Jul 202514 July 2025 | 527 sqft | 810,000 | 1,537 | ||
| 4 Jul 20254 July 2025 | 460 sqft | 1,000,000 | 2,175 |
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 | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,403 sqft | AED 1.23MAED 1,227,250 · Oct 2021October 2021 | 110,000 /yr | |
| 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 | |
| 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 |
1709, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 19 November 2020 for AED 629,075, or AED 1,239 per sqft.
- Rented since February 2022 on 4 Ejari contracts, from AED 45,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2020 price is 10.8%, before a service charge of about AED 9,800 a year (AED 19.21 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 5 June 2025.
Questions about 1709, Millennium Binghatti Residences
What did unit 1709 last sell for?
AED 629,075 on 19 November 2020, sold by the developer: AED 1,239 per sqft for 508 sqft. It is the only registered sale of the unit.
What is the rent for unit 1709?
AED 68,000 a year on the contract renewed on 5 June 2025. The previous contract, from June 2024, was AED 68,000; the unit has been rented since February 2022.
How big is unit 1709?
508 sqft (47.2 sqm): a studio on the 17th floor of a 19-storey tower completed in 2021.
What is unit 1709 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 1709, Millennium Binghatti Residences
Starts from the last sale price (AED 629K, 19 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 629,075
- Deposit, UAE resident (20%)
- AED 125,815
- Deposit, non-resident (40%)
- AED 251,630
- Monthly over 25 years at 3.7%
- AED 2,574
Plus AED 31,431 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →