Studio · 511 sqftMillennium Binghatti Residences, Business Bay · 3rd floor · completed 2021

309, Millennium Binghatti Residences

Sold prices and rental history: sold once, by the developer in January 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 7 January 2020
Last soldAED 690K7 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Millennium Binghatti Residences

What is 309 worth today?

Last sold for AED 690,000 in 2020

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7 Jan 2020Sold by developerOff-plan
AED 690,000AED 1,350 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 January 2020.

Key facts

Type
Studio apartment
Size
511 sqft
Floor
3rd of 19
Parking
B3-70
Developer
Binghatti
Completed
2021
Service charge
AED 9,800 /yr
Last sold
AED 690K · January 2020

About 309, Millennium Binghatti Residences

309 is a studio of 511 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 7 January 2020 for AED 690,000, or AED 1,350 per sqft, 23% below the AED 1,758 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 309 over time

Sales
Unit 309, 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, January 2020: AED 690,000 (AED 1,350 per sqft)

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

Rents
Unit 309, each contractTypical studio in Millennium Binghatti Residences
60K2021202320252027Typical 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 72,595

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 309 sits

All 116 studios →

309 last sold in January 2020 at AED 1,350 per sqft, 23% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,758). 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.

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
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

309, Millennium Binghatti Residences in numbers

  • Sold once: by Binghatti on 7 January 2020 for AED 690,000, or AED 1,350 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 January 2020.

Questions about 309, Millennium Binghatti Residences

What did unit 309 last sell for?

AED 690,000 on 7 January 2020, sold by the developer: AED 1,350 per sqft for 511 sqft. It is the only registered sale of the unit.

How big is unit 309?

511 sqft (47.5 sqm): a studio on the 3rd floor of a 19-storey tower completed in 2021.

What is unit 309 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 309, Millennium Binghatti Residences

Starts from the last sale price (AED 690K, 7 January 2020). 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 →