2-bed · 1,393 sqftMillennium Binghatti Residences, Business Bay · 18th floor · completed 2021

1801, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1801 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.25M7 September 2021
Current rentAED 165K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1801, Millennium Binghatti Residences

What is 1801 worth today?

Last sold for AED 1,250,054 in 2021

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15 Nov 2024RentedNew contract
AED 165,000/yr12 months · AED 119 per sqft
7 Sep 2021Sold by developerReady
AED 1,250,054AED 897 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
18th of 19
Parking
P1-54
Developer
Binghatti
Completed
2021
Service charge
AED 26,800 /yr
Last sold
AED 1.25M · September 2021

About 1801, Millennium Binghatti Residences

1801 is a two-bedroom apartment of 1,393 sqft on the 18th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 7 September 2021 for AED 1,250,054, or AED 897 per sqft, 9% below the AED 991 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2024. The current contract, signed on 15 November 2024, is AED 165,000 a year: a gross yield of 13.2% on the 2021 price, before the service charge of about AED 26,800 a year.

Sales and rents for 1801 over time

Sales
Unit 1801, each saleTypical two-bed in Millennium Binghatti Residences
1.5M2018202020222024Typical sale price by year: 2018 AED 1,400,000; 2019 AED 1,214,000; 2020 AED 1,546,478; 2021 AED 1,400,000; 2022 AED 1,380,000; 2023 AED 1,350,000; 2024 AED 1,875,000Sold by developer, September 2021: AED 1,250,054 (AED 897 per sqft)

1801 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1801, each contractTypical two-bed in Millennium Binghatti Residences
100K150K2021202320252027Typical rent by year: 2021 AED 102,500; 2022 AED 105,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 142,000; 2026 AED 137,500New contract, November 2024: AED 165,000 a year

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 1801 sits

All 56 2-beds →

1801 last sold in September 2021 at AED 897 per sqft, 9% 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. 1801's AED 165,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20262,360,000
2 Jun 20252,125,000
10 Feb 20251,610,000
28 Oct 20241,200,000
1 2-bed sale 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
1802StudioAED 860K · Jun 2024
18031-bedAED 950K · Mar 2023
18042-bedAED 1.3M · Jun 2021
1805StudioAED 870K · Mar 2023
1806StudioAED 975K · Nov 2023
1807StudioAED 710K · Oct 2021
18082-bedAED 2.2M · May 2024
1–7 of 11

1801, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 7 September 2021 for AED 1,250,054, or AED 897 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2021 price is 13.2%, before a service charge of about AED 26,800 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 November 2024.

Questions about 1801, Millennium Binghatti Residences

What did unit 1801 last sell for?

AED 1,250,054 on 7 September 2021, sold by the developer: AED 897 per sqft for 1,393 sqft. It is the only registered sale of the unit.

What is the rent for unit 1801?

AED 165,000 a year on the contract signed on 15 November 2024.

How big is unit 1801?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 18th floor of a 19-storey tower completed in 2021.

What is unit 1801 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 1801, Millennium Binghatti Residences

Starts from the last sale price (AED 1.25M, 7 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,054
Deposit, UAE resident (20%)
AED 250,011
Deposit, non-resident (40%)
AED 500,022
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,512 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →