1902, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in August 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 1902, Millennium Binghatti Residences
What is 1902 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 546 sqft
- Floor
- 19th of 19
- Parking
- B1-09
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 10,500 /yr
- Last sold
- AED 696K · August 2021
- Building
- Millennium Binghatti Residences
About 1902, Millennium Binghatti Residences
1902 is a studio of 546 sqft on the 19th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 30 August 2021 for AED 695,951, or AED 1,274 per sqft, in line with the AED 1,249 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 1 March 2025, is AED 68,000 a year: a gross yield of 9.8% on the 2021 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1902 over time
1902 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 1902 sits
All 116 studios →1902 last sold in August 2021 at AED 1,274 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,249). 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. 1902'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 19th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 2-bed | 1,396 sqft | AED 1.17MAED 1,172,550 · Jun 2021June 2021 | 125,000 /yr | |
| 1903 | 888 sqft | AED 1.29MAED 1,290,000 · Aug 2025August 2025 | 75,000 /yr | ||
| 1904 | 2-bed | 1,472 sqft | AED 1.58MAED 1,575,000 · Sep 2021September 2021 | ||
| 1905 | Studio | 551 sqft | AED 739KAED 738,576 · Oct 2021October 2021 | ||
| 1906 | Studio | 459 sqft | AED 1.06MAED 1,061,405 · Feb 2020February 2020 | 70,000 /yr | |
| 1907 | Studio | 453 sqft | AED 1.06MAED 1,060,395 · Feb 2020February 2020 | 70,000 /yr | |
| 1908 | 2-bed | 1,358 sqft | AED 1.4MAED 1,400,000 · Jun 2021June 2021 | 150,000 /yr | |
| 1909 | Studio | 548 sqft | AED 600KAED 600,000 · Sep 2021September 2021 | ||
| 1910 | Studio | 562 sqft | AED 1MAED 1,000,000 · Sep 2023September 2023 | ||
| 1911 | 1-bed | 854 sqft | AED 1MAED 1,000,000 · Jun 2021June 2021 | 85,000 /yr | |
| 1912 | 1-bed | 1,087 sqft | AED 1.5MAED 1,500,000 · Dec 2024December 2024 | 105,000 /yr |
1902, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 30 August 2021 for AED 695,951, or AED 1,274 per sqft.
- Rented since April 2022 on 4 Ejari contracts, from AED 60,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2021 price is 9.8%, before a service charge of about AED 10,500 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 1 March 2025.
Questions about 1902, Millennium Binghatti Residences
What did unit 1902 last sell for?
AED 695,951 on 30 August 2021, sold by the developer: AED 1,274 per sqft for 546 sqft. It is the only registered sale of the unit.
What is the rent for unit 1902?
AED 68,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 68,000; the unit has been rented since April 2022.
How big is unit 1902?
546 sqft (50.7 sqm): a studio on the 19th floor of a 19-storey tower completed in 2021.
What is unit 1902 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 1902, Millennium Binghatti Residences
Starts from the last sale price (AED 696K, 30 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 695,951
- Deposit, UAE resident (20%)
- AED 139,190
- Deposit, non-resident (40%)
- AED 278,380
- Monthly over 25 years at 3.7%
- AED 2,847
Plus AED 34,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →