R01, Millennium Binghatti Residences
Sold prices and rental history: sold twice, last in December 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R01, Millennium Binghatti Residences
What is R01 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,332 sqft
- Parking
- P1-53
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.3M · December 2024
- Building
- Millennium Binghatti Residences
About R01, Millennium Binghatti Residences
R01 is a one-bedroom apartment of 1,332 sqft of Millennium Binghatti Residences, a 19-storey tower in Business Bay completed in 2021 by Binghatti. It last sold on 4 December 2024 for AED 1,300,000, or AED 975 per sqft, 26% below the AED 1,326 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 11 October 2025, is AED 100,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 25,600 a year.
Sales and rents for R01 over time
R01 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Millennium Binghatti Residences, and where R01 sits
All 55 1-beds →R01 last sold in December 2024 at AED 975 per sqft, 26% below what one-beds in Millennium Binghatti Residences were fetching at the time (AED 1,326). Over the last 12 months one-beds sold for AED 1,152,037 to 1,400,000, around AED 1,475 per sqft, and rent for AED 80,000 to 110,000 a year. R01's AED 100,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 846 sqft | 1,250,000 | 1,478 | ||
| 22 Jan 202622 January 2026 | 813 sqft | 1,200,000 | 1,475 | ||
| 21 Jan 202621 January 2026 | 857 sqft | 1,400,000 | 1,633 | ||
| 16 Dec 202516 December 2025 | 829 sqft | 1,152,037 | 1,388 |
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%
R01, Millennium Binghatti Residences in numbers
- Sold twice: first on 18 November 2021 for AED 950,000, last on 4 December 2024 for AED 1,300,000 (AED 975 per sqft).
- Rented since December 2021 on 3 Ejari contracts, from AED 90,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 25,600 a year (AED 19.21 per sqft).
- One-beds in Millennium Binghatti Residences sold for AED 1,152,037–1,400,000 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 11 October 2025.
Questions about R01, Millennium Binghatti Residences
What did unit R01 last sell for?
AED 1,300,000 on 4 December 2024: AED 975 per sqft for 1,332 sqft. The unit has 2 registered sales; the first was AED 950,000 in November 2021.
What is the rent for unit R01?
AED 100,000 a year on the contract signed on 11 October 2025. The previous contract, from December 2022, was AED 93,000; the unit has been rented since December 2021.
How big is unit R01?
1,332 sqft (123.7 sqm): a one-bedroom apartment of a 19-storey tower completed in 2021.
What is unit R01 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millennium Binghatti Residences sold for AED 1,152,037 to 1,400,000 in the last 12 months, around AED 1,475 per sqft.
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Mortgage on R01, Millennium Binghatti Residences
Starts from the last sale price (AED 1.3M, 4 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →