501, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Millennium Binghatti Residences
What is 501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,398 sqft
- Floor
- 5th of 19
- Parking
- P3-38, P3-39
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 26,900 /yr
- Last sold
- AED 1.1M · October 2021
- Building
- Millennium Binghatti Residences
About 501, Millennium Binghatti Residences
501 is a two-bedroom apartment of 1,398 sqft on the 5th floor of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 12 October 2021 for AED 1,100,000, or AED 786 per sqft, 20% below the AED 988 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 18 October 2025, is AED 135,000 a year: a gross yield of 12.3% on the 2021 price, before the service charge of about AED 26,900 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 56 2-beds →501 last sold in October 2021 at AED 786 per sqft, 20% below what two-beds in Millennium Binghatti Residences were fetching at the time (AED 988). 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. 501's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,428 sqft | 2,360,000 | 1,652 | ||
| 2 Jun 20252 June 2025 | 1,389 sqft | 2,125,000 | 1,530 | ||
| 10 Feb 202510 February 2025 | 1,432 sqft | 1,610,000 | 1,124 | ||
| 28 Oct 202428 October 2024 | 1,398 sqft | 1,200,000 | 858 |
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 5th floor
All 236 units in Millennium Binghatti Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 525 sqft | AED 650KAED 650,000 · Jun 2021June 2021 | 58,000 /yr | |
| 503 | 1-bed | 857 sqft | AED 1.4MAED 1,400,000 · Jan 2026January 2026 | ||
| 504 | 2-bed | 1,448 sqft | AED 1.56MAED 1,562,000 · Jun 2021June 2021 | 130,000 /yr | |
| 505 | Studio | 550 sqft | AED 720KAED 720,000 · Jan 2020January 2020 | 44,000 /yr | |
| 506 | Studio | 460 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 99,024 /yr | |
| 507 | Studio | 452 sqft | AED 684KAED 684,262 · Apr 2019April 2019 | 44,000 /yr | |
| 508 | 2-bed | 1,425 sqft | AED 2.2MAED 2,200,000 · Aug 2024August 2024 | ||
| 509 | Studio | 538 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 75,000 /yr | |
| 510 | Studio | 542 sqft | AED 1.02MAED 1,023,146 · Apr 2019April 2019 | ||
| 511 | 1-bed | 835 sqft | AED 1MAED 1,000,000 · Sep 2021September 2021 | ||
| 512 | 1-bed | 1,099 sqft | AED 920KAED 920,000 · Aug 2021August 2021 | 115,000 /yr |
501, Millennium Binghatti Residences in numbers
- Sold twice: first on 27 August 2019 for AED 1,207,076, last on 12 October 2021 for AED 1,100,000 (AED 786 per sqft).
- Rented since November 2023 on 4 Ejari contracts, from AED 120,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2021 price is 12.3%, 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 18 October 2025.
Questions about 501, Millennium Binghatti Residences
What did unit 501 last sell for?
AED 1,100,000 on 12 October 2021: AED 786 per sqft for 1,398 sqft. The unit has 2 registered sales; the first was AED 1,207,076 in August 2019.
What is the rent for unit 501?
AED 135,000 a year on the contract signed on 18 October 2025. The previous contract, from April 2025, was AED 170,000; the unit has been rented since November 2023.
How big is unit 501?
1,398 sqft (129.9 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2021.
What is unit 501 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.
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Mortgage on 501, Millennium Binghatti Residences
Starts from the last sale price (AED 1.1M, 12 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →