2-bed · 1,402 sqftMillennium Binghatti Residences, Business Bay · 3rd floor · completed 2021

308, Millennium Binghatti Residences

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 21 July 2025
Last soldAED 1.57M12 December 2022
Current rentAED 144K /yr21 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Millennium Binghatti Residences

What is 308 worth today?

Last sold for AED 1,565,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Jul 2025RentedRenewal
AED 144,000/yr6 months · AED 103 per sqft
21 Jan 2025RentedRenewal
AED 144,000/yr6 months · AED 103 per sqft
21 Jan 2024RentedRenewal
AED 136,500/yr12 months · AED 98 per sqft
12 Dec 2022SoldReady
AED 1,565,000AED 1,116 per sqft
21 Jan 2022RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
27 Jan 2021Sold by developerOff-plan
AED 1,350,000AED 994 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 July 2025.

Key facts

Type
2-bed apartment
Size
1,402 sqft
Floor
3rd of 19
Parking
P1-45
Developer
Binghatti
Completed
2021
Service charge
AED 26,900 /yr
Last sold
AED 1.57M · December 2022

About 308, Millennium Binghatti Residences

308 is a two-bedroom apartment of 1,402 sqft on the 3rd floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 12 December 2022 for AED 1,565,000, or AED 1,116 per sqft, 17% above the AED 951 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 21 July 2025, is AED 144,000 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 26,900 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, January 2021: AED 1,350,000 (AED 994 per sqft)Sold, December 2022: AED 1,565,000 (AED 1,116 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Millennium Binghatti Residences
100K120K140K2021202320252027Typical 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, January 2022: AED 130,000 a yearRenewal, January 2024: AED 136,500 a yearRenewal, January 2025: AED 144,000 a yearRenewal, July 2025: AED 144,000 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 308 sits

All 56 2-beds →

308 last sold in December 2022 at AED 1,116 per sqft, 17% above what two-beds in Millennium Binghatti Residences were fetching at the time (AED 951). 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. 308's AED 144,000 is in the upper half 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
3012-bedAED 1.3M · Aug 2018
302StudioAED 650K · Nov 2021
3031-bedAED 850K · Jan 2022
3042-bedAED 1.46M · Jun 2021
305StudioAED 775K · Nov 2018
306StudioAED 750K · Sep 2022
307AED 1M · Aug 2025
1–7 of 11

308, Millennium Binghatti Residences in numbers

  • Sold twice: first on 27 January 2021 for AED 1,350,000, last on 12 December 2022 for AED 1,565,000 (AED 1,116 per sqft).
  • Rented since January 2022 on 4 Ejari contracts, from AED 130,000 to AED 144,000 a year.
  • At AED 144,000 a year the gross yield on the 2022 price is 9.2%, before a service charge of about AED 26,900 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 21 July 2025.

Questions about 308, Millennium Binghatti Residences

What did unit 308 last sell for?

AED 1,565,000 on 12 December 2022: AED 1,116 per sqft for 1,402 sqft. The unit has 2 registered sales; the first was AED 1,350,000 in January 2021.

What is the rent for unit 308?

AED 144,000 a year on the contract renewed on 21 July 2025. The previous contract, from January 2025, was AED 144,000; the unit has been rented since January 2022.

How big is unit 308?

1,402 sqft (130.3 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2021.

What is unit 308 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.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Millennium Binghatti Residences

Starts from the last sale price (AED 1.57M, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,565,000
Deposit, UAE resident (20%)
AED 313,000
Deposit, non-resident (40%)
AED 626,000
Monthly over 25 years at 3.7%
AED 6,403

Plus AED 70,740 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →