1-bed · 1,272 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

501, Millenium Tower by Uniestate

Sold prices and rental history: no registered sale, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 24 April 2024
Current rentAED 49K /yr24 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Millenium Tower by Uniestate

What is 501 worth today?

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24 Apr 2024RentedRenewal
AED 48,550/yr5 months · AED 38 per sqft
24 Apr 2023RentedRenewal
AED 48,300/yr12 months · AED 38 per sqft
10 Mar 2022RentedNew contract
AED 46,137/yr13 months · AED 36 per sqft
14 Dec 2020RentedNew contract
AED 44,000/yr14 months · AED 35 per sqft
11 Sep 2019RentedRenewal
AED 57,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
1-bed apartment
Size
1,272 sqft
Floor
5th of 9
Parking
B-18
Developer
Uniestate Properties
Completed
2012
Last sold
No registered sale

About 501, Millenium Tower by Uniestate

501 is a one-bedroom apartment of 1,272 sqft on the 5th floor of Millenium Tower by Uniestate, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Uniestate Properties. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 24 April 2024, is AED 48,550 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Millenium Tower by Uniestate
1.1M1.15M202420252026Typical sale price by year: 2024 AED 1,065,735; 2025 AED 1,152,019

No registered sale of 501; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Millenium Tower by Uniestate
40K60K80K20182020202220242026Typical rent by year: 2018 AED 53,000; 2019 AED 53,000; 2020 AED 45,250; 2021 AED 42,000; 2022 AED 43,000; 2023 AED 44,100; 2024 AED 46,774; 2025 AED 85,000Renewal, September 2019: AED 57,000 a yearNew contract, December 2020: AED 44,000 a yearNew contract, March 2022: AED 46,137 a yearRenewal, April 2023: AED 48,300 a yearRenewal, April 2024: AED 48,550 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Millenium Tower by Uniestate, and where 501 sits

All 25 1-beds →

Over the last 12 months one-beds sold for AED 1,013,777 to 1,316,499, around AED 1,046 per sqft, and rent for AED 50,000 to 50,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Jan 20261,298,678
19 Jan 20261,013,777
23 Dec 20251,137,510
9 Dec 20251,316,499
8 1-bed sales in the last 12 months

Millenium Tower by Uniestate

Building

126 apartments, studios to 1-bed over 9 floors in Dubai Silicon Oasis, completed in 2012 by Uniestate Properties. 10 sold in the last 12 months.

Typical price per sqft
AED 1,046 Up 1.1%
Typical sale
AED 1.2M
Typical rent
AED 42K /yr
Typical yield
11.1%
Millenium Tower by Uniestate, Dubai Silicon Oasis: prices, sales and rents →
Value
502StudioAED 310K · Feb 2019
503StudioAED 313K · Mar 2019
504StudioAED 270K · Mar 2023
505StudioAED 280K · Jan 2023
5061-bedAED 1.15M · Jun 2025
507StudioNo registered sale
508StudioAED 380K · Jan 2024
1–7 of 13

501, Millenium Tower by Uniestate in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 57,000 to AED 44,000 in 2020 and recovered to AED 48,550 by April 2024.
  • One-beds in Millenium Tower by Uniestate sold for AED 1,013,777–1,316,499 in the 12 months to November 2026; the building's median across all types is AED 1,046 per sqft.

Source: Dubai Land Department. Updated 24 April 2024.

Questions about 501, Millenium Tower by Uniestate

What is the rent for unit 501?

AED 48,550 a year on the contract renewed on 24 April 2024. The previous contract, from April 2023, was AED 48,300; the unit has been rented since September 2019.

How big is unit 501?

1,272 sqft (118.2 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2012.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Millenium Tower by Uniestate sold for AED 1,013,777 to 1,316,499 in the last 12 months, around AED 1,046 per sqft.

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