302, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Millennium Binghatti Residences
What is 302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 527 sqft
- Floor
- 3rd of 19
- Parking
- P2-40
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 10,100 /yr
- Last sold
- AED 650K · November 2021
- Building
- Millennium Binghatti Residences
About 302, Millennium Binghatti Residences
302 is a studio of 527 sqft on the 3rd floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 28 November 2021 for AED 650,000, or AED 1,234 per sqft, in line with the AED 1,255 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 24 July 2024, is AED 50,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 10,100 a year.
Sales and rents for 302 over time
302 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 302 sits
All 116 studios →302 last sold in November 2021 at AED 1,234 per sqft, in line with what studios in Millennium Binghatti Residences were fetching at the time (AED 1,255). 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. 302's AED 50,000 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 3rd floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,416 sqft | AED 1.3MAED 1,300,000 · Aug 2018August 2018 | ||
| 303 | 1-bed | 814 sqft | AED 850KAED 850,000 · Jan 2022January 2022 | ||
| 304 | 2-bed | 1,448 sqft | AED 1.46MAED 1,459,260 · Jun 2021June 2021 | 100,000 /yr | |
| 305 | Studio | 537 sqft | AED 775KAED 775,000 · Nov 2018November 2018 | ||
| 306 | Studio | 467 sqft | AED 750KAED 750,000 · Sep 2022September 2022 | 70,189 /yr | |
| 307 | 439 sqft | AED 1MAED 1,000,000 · Aug 2025August 2025 | 76,500 /yr | ||
| 308 | 2-bed | 1,402 sqft | AED 1.57MAED 1,565,000 · Dec 2022December 2022 | 144,000 /yr | |
| 309 | Studio | 511 sqft | AED 690KAED 690,000 · Jan 2020January 2020 | ||
| 310 | Studio | 526 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 86,200 /yr | |
| 311 | 1-bed | 847 sqft | AED 851KAED 850,560 · Nov 2019November 2019 | 95,000 /yr | |
| 312 | 1-bed | 1,106 sqft | AED 875KAED 875,000 · Feb 2022February 2022 | 100,000 /yr |
302, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 28 November 2021 for AED 650,000, or AED 1,234 per sqft.
- Rented since February 2022 on 3 Ejari contracts, from AED 43,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 10,100 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 24 July 2024.
Questions about 302, Millennium Binghatti Residences
What did unit 302 last sell for?
AED 650,000 on 28 November 2021, sold by the developer: AED 1,234 per sqft for 527 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 50,000 a year on the contract signed on 24 July 2024. The previous contract, from February 2023, was AED 43,000; the unit has been rented since February 2022.
How big is unit 302?
527 sqft (49.0 sqm): a studio on the 3rd floor of a 19-storey tower completed in 2021.
What is unit 302 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 302, Millennium Binghatti Residences
Starts from the last sale price (AED 650K, 28 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →