405, Millennium Binghatti Residences
Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Millennium Binghatti Residences
What is 405 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 527 sqft
- Floor
- 4th of 19
- Parking
- B3-67
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 10,100 /yr
- Last sold
- AED 682K · September 2020
- Building
- Millennium Binghatti Residences
About 405, Millennium Binghatti Residences
405 is a studio of 527 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 8 September 2020 for AED 682,000, or AED 1,294 per sqft, 11% below the AED 1,461 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 4 November 2025, is AED 75,000 a year: a gross yield of 11.0% on the 2020 price, before the service charge of about AED 10,100 a year.
Sales and rents for 405 over time
405 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 405 sits
All 116 studios →405 last sold in September 2020 at AED 1,294 per sqft, 11% below what studios in Millennium Binghatti Residences were fetching at the time (AED 1,461). 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. 405'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 | |||
| 402 | Studio | 521 sqft | AED 600KAED 600,000 · Oct 2021October 2021 | 75,000 /yr | |
| 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 | ||
| 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 |
405, Millennium Binghatti Residences in numbers
- Sold once: by Binghatti on 8 September 2020 for AED 682,000, or AED 1,294 per sqft.
- Rented since December 2021 on 6 Ejari contracts, from AED 42,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2020 price is 11.0%, 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 4 November 2025.
Questions about 405, Millennium Binghatti Residences
What did unit 405 last sell for?
AED 682,000 on 8 September 2020, sold by the developer: AED 1,294 per sqft for 527 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 75,000 a year on the contract renewed on 4 November 2025. The previous contract, from November 2024, was AED 75,000; the unit has been rented since December 2021.
How big is unit 405?
527 sqft (49.0 sqm): a studio on the 4th floor of a 19-storey tower completed in 2021.
What is unit 405 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 405, Millennium Binghatti Residences
Starts from the last sale price (AED 682K, 8 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 682,000
- Deposit, UAE resident (20%)
- AED 136,400
- Deposit, non-resident (40%)
- AED 272,800
- Monthly over 25 years at 3.7%
- AED 2,790
Plus AED 33,654 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →