Studio · 432 sqftMillennium Binghatti Residences, Business Bay · 2nd floor · completed 2021

207, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 690K23 October 2019
Current rentAED 75K /yr7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Millennium Binghatti Residences

What is 207 worth today?

Last sold for AED 690,000 in 2019

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7 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 174 per sqft
6 Mar 2023RentedNew contract
AED 78,000/yr12 months · AED 181 per sqft
23 Oct 2019Sold by developerOff-plan
AED 690,000AED 1,596 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 July 2025.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
2nd of 19
Parking
P2-39
Developer
Binghatti
Completed
2021
Service charge
AED 8,300 /yr
Last sold
AED 690K · October 2019

About 207, Millennium Binghatti Residences

207 is a studio of 432 sqft on the 2nd floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 23 October 2019 for AED 690,000, or AED 1,596 per sqft, 13% below the AED 1,827 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 7 July 2025, is AED 75,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 8,300 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical studio in Millennium Binghatti Residences
600K800K1M20182020202220242026Typical 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, October 2019: AED 690,000 (AED 1,596 per sqft)

207 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 207, each contractTypical studio in Millennium Binghatti Residences
60K80K2021202320252027Typical 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 72,595New contract, March 2023: AED 78,000 a yearNew contract, July 2025: AED 75,000 a year

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 207 sits

All 116 studios →

207 last sold in October 2019 at AED 1,596 per sqft, 13% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,827). 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. 207's AED 75,000 is in the lower half of that range.

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
2012-bedAED 1.5M · Jul 2024
202StudioAED 820K · Feb 2025
2031-bedAED 890K · Mar 2021
2042-bedAED 1.52M · Nov 2022
205StudioAED 769K · Jul 2018
206StudioAED 875K · Jul 2023
2082-bedAED 1.62M · Nov 2018
1–7 of 11

207, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 23 October 2019 for AED 690,000, or AED 1,596 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 78,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 8,300 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 7 July 2025.

Questions about 207, Millennium Binghatti Residences

What did unit 207 last sell for?

AED 690,000 on 23 October 2019, sold by the developer: AED 1,596 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 75,000 a year on the contract signed on 7 July 2025. The previous contract, from March 2023, was AED 78,000.

How big is unit 207?

432 sqft (40.1 sqm): a studio on the 2nd floor of a 19-storey tower completed in 2021.

What is unit 207 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 207, Millennium Binghatti Residences

Starts from the last sale price (AED 690K, 23 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

Plus AED 33,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →