402, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in October 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 402, Millennium Binghatti Residences
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 4th of 19
- Parking
- B3-68
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 10,000 /yr
- Last sold
- AED 600K · October 2021
- Building
- Millennium Binghatti Residences
About 402, Millennium Binghatti Residences
402 is a studio of 521 sqft on the 4th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. The developer sold it on 14 October 2021 for AED 600,000, or AED 1,150 per sqft, 6% below the AED 1,223 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 October 2025, is AED 75,000 a year: a gross yield of 12.5% on the 2021 price, before the service charge of about AED 10,000 a year.
Sales and rents for 402 over time
402 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 402 sits
All 116 studios →402 last sold in October 2021 at AED 1,150 per sqft, 6% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,223). 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. 402's AED 75,000 is in the lower half 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 4th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1,410 sqft | AED 2.1MAED 2,100,000 · Sep 2025September 2025 | |||
| 403 | 1-bed | 830 sqft | AED 954KAED 953,564 · Apr 2019April 2019 | 90,000 /yr | |
| 404 | 1,505 sqft | AED 2.04MAED 2,040,000 · Sep 2025September 2025 | 140,000 /yr | ||
| 405 | Studio | 527 sqft | AED 682KAED 682,000 · Sep 2020September 2020 | 75,000 /yr | |
| 406 | Studio | 463 sqft | AED 870KAED 870,000 · May 2023May 2023 | 85,000 /yr | |
| 407 | Studio | 446 sqft | AED 1.15MAED 1,150,000 · Dec 2025December 2025 | 84,000 /yr | |
| 408 | 2-bed | 1,426 sqft | AED 1.05MAED 1,045,376 · Apr 2019April 2019 | 145,000 /yr | |
| 409 | Studio | 524 sqft | AED 940KAED 940,000 · May 2025May 2025 | 57,000 /yr | |
| 410 | Studio | 529 sqft | AED 1.02MAED 1,018,234 · Apr 2019April 2019 | ||
| 411 | 1-bed | 837 sqft | AED 1.1MAED 1,100,000 · Jul 2018July 2018 | 80,000 /yr | |
| 412 | 1-bed | 1,106 sqft | AED 1.15MAED 1,150,000 · May 2023May 2023 | 130,000 /yr |
402, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 14 October 2021 for AED 600,000, or AED 1,150 per sqft.
- Rented since January 2022 on 5 Ejari contracts, from AED 60,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2021 price is 12.5%, before a service charge of about AED 10,000 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 October 2025.
Questions about 402, Millennium Binghatti Residences
What did unit 402 last sell for?
AED 600,000 on 14 October 2021, sold by the developer: AED 1,150 per sqft for 521 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 75,000 a year on the contract signed on 1 October 2025. The previous contract, from February 2025, was AED 82,000; the unit has been rented since January 2022.
How big is unit 402?
521 sqft (48.4 sqm): a studio on the 4th floor of a 19-storey tower completed in 2021.
What is unit 402 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 402, Millennium Binghatti Residences
Starts from the last sale price (AED 600K, 14 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →