Studio · 346 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

502, Millenium Tower by Uniestate

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 12 January 2026
Last soldAED 310K13 February 2019
Current rentAED 44K /yr12 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Millenium Tower by Uniestate

What is 502 worth today?

Last sold for AED 310,000 in 2019

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12 Jan 2026RentedNew contract
AED 44,000/yr12 months · AED 127 per sqft
2 Jan 2021RentedNew contract
AED 19,000/yr12 months · AED 55 per sqft
13 Dec 2019RentedNew contract
AED 27,000/yr12 months · AED 78 per sqft
13 Feb 2019Sold by developerReady
AED 310,000AED 894 per sqft
9 Sep 2018RentedNew contract
AED 34,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 12 January 2026.

Key facts

Type
Studio apartment
Size
346 sqft
Floor
5th of 9
Parking
P2-41
Developer
Uniestate Properties
Completed
2012
Last sold
AED 310K · February 2019

About 502, Millenium Tower by Uniestate

502 is a studio of 346 sqft on the 5th floor of Millenium Tower by Uniestate, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Uniestate Properties. The developer sold it on 13 February 2019 for AED 310,000, or AED 894 per sqft, in line with the AED 872 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 12 January 2026, is AED 44,000 a year: a gross yield of 14.2% on the 2019 price.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Millenium Tower by Uniestate
400K600K20182020202220242026Typical sale price by year: 2018 AED 287,000; 2019 AED 299,000; 2022 AED 270,000; 2023 AED 280,000; 2024 AED 427,500; 2025 AED 557,000Sold by developer, February 2019: AED 310,000 (AED 894 per sqft)

502 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 502, each contractTypical studio in Millenium Tower by Uniestate
20K40K2018202120242027Typical rent by year: 2018 AED 34,000; 2019 AED 29,572; 2020 AED 25,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 30,000; 2024 AED 33,000; 2025 AED 40,000; 2026 AED 50,000New contract, September 2018: AED 34,000 a yearNew contract, December 2019: AED 27,000 a yearNew contract, January 2021: AED 19,000 a yearNew contract, January 2026: AED 44,000 a year

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

Studios in Millenium Tower by Uniestate, and where 502 sits

All 86 studios →

502 last sold in February 2019 at AED 894 per sqft, in line with what studios in Millenium Tower by Uniestate were fetching at the time (AED 872). Over the last 12 months studios sold for AED 549,319 to 653,775, around AED 1,481 per sqft, and rent for AED 30,800 to 65,000 a year. 502's AED 44,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Jan 2026653,775
10 Jun 2025653,775
14 May 2025522,590
21 Mar 2025568,120
2 studio 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
5011-bedNo registered sale
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

502, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 13 February 2019 for AED 310,000, or AED 894 per sqft.
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 34,000 to AED 19,000 in 2021 and recovered to AED 44,000 by January 2026.
  • At AED 44,000 a year the gross yield on the 2019 price is 14.2%.
  • Studios in Millenium Tower by Uniestate sold for AED 549,319–653,775 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 12 January 2026.

Questions about 502, Millenium Tower by Uniestate

What did unit 502 last sell for?

AED 310,000 on 13 February 2019, sold by the developer: AED 894 per sqft for 346 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 44,000 a year on the contract signed on 12 January 2026. The previous contract, from January 2021, was AED 19,000; the unit has been rented since September 2018.

How big is unit 502?

346 sqft (32.1 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Millenium Tower by Uniestate sold for AED 549,319 to 653,775 in the last 12 months, around AED 1,481 per sqft.

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Mortgage on 502, Millenium Tower by Uniestate

Starts from the last sale price (AED 310K, 13 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

Plus AED 15,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →