505, Millenium Tower by Uniestate
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Millenium Tower by Uniestate
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 321 sqft
- Floor
- 5th of 9
- Parking
- P1-02
- Developer
- Uniestate Properties
- Completed
- 2012
- Last sold
- AED 280K · January 2023
- Building
- Millenium Tower by Uniestate
About 505, Millenium Tower by Uniestate
505 is a studio of 321 sqft on the 5th floor of Millenium Tower by Uniestate, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Uniestate Properties. It last sold on 2 January 2023 for AED 280,000, or AED 872 per sqft, 4% above the AED 841 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 June 2025, is AED 31,500 a year: a gross yield of 11.3% on the 2023 price.
Sales and rents for 505 over time
505 has sold twice; 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 Millenium Tower by Uniestate, and where 505 sits
All 86 studios →505 last sold in January 2023 at AED 872 per sqft, 4% above what studios in Millenium Tower by Uniestate were fetching at the time (AED 841). 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. 505's AED 31,500 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202615 January 2026 | 523 sqft | 653,775 | 1,249 | ||
| 10 Jun 202510 June 2025 | 523 sqft | 653,775 | 1,249 | ||
| 14 May 202514 May 2025 | 523 sqft | 522,590 | 1,000 | ||
| 21 Mar 202521 March 2025 | 568 sqft | 568,120 | 999 |
Millenium Tower by Uniestate
Building126 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%
Other units on the 5th floor
All 126 units in Millenium Tower by Uniestate| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,272 sqft | No registered sale | 48,550 /yr | |
| 502 | Studio | 346 sqft | AED 310KAED 310,000 · Feb 2019February 2019 | 44,000 /yr | |
| 503 | Studio | 343 sqft | AED 313KAED 313,000 · Mar 2019March 2019 | 40,000 /yr | |
| 504 | Studio | 321 sqft | AED 270KAED 270,000 · Mar 2023March 2023 | 34,000 /yr | |
| 506 | 1-bed | 1,064 sqft | AED 1.15MAED 1,149,741 · Jun 2025June 2025 | 36,923 /yr | |
| 507 | Studio | 523 sqft | No registered sale | 30,188 /yr | |
| 508 | Studio | 568 sqft | AED 380KAED 380,000 · Jan 2024January 2024 | 48,000 /yr | |
| 509 | 1-bed | 1,101 sqft | No registered sale | 44,259 /yr | |
| 510 | Studio | 319 sqft | AED 278KAED 278,000 · Jan 2019January 2019 | 30,000 /yr | |
| 511 | Studio | 319 sqft | AED 290KAED 290,000 · Apr 2019April 2019 | 40,000 /yr | |
| 512 | Studio | 340 sqft | AED 280KAED 280,000 · Nov 2018November 2018 | 37,000 /yr | |
| 513 | Studio | 358 sqft | AED 305KAED 305,000 · Apr 2019April 2019 | 35,000 /yr | |
| 514 | 1-bed | 1,184 sqft | AED 1.07MAED 1,065,735 · Sep 2024September 2024 | 45,000 /yr |
505, Millenium Tower by Uniestate in numbers
- Sold twice: first on 24 February 2019 for AED 280,000, last on 2 January 2023 for AED 280,000 (AED 872 per sqft).
- Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 28,000 to AED 24,000 in 2022 and recovered to AED 31,500 by June 2025.
- At AED 31,500 a year the gross yield on the 2023 price is 11.3%.
- 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 15 June 2025.
Questions about 505, Millenium Tower by Uniestate
What did unit 505 last sell for?
AED 280,000 on 2 January 2023: AED 872 per sqft for 321 sqft. The unit has 2 registered sales; the first was AED 280,000 in February 2019.
What is the rent for unit 505?
AED 31,500 a year on the contract renewed on 15 June 2025. The previous contract, from June 2024, was AED 31,500; the unit has been rented since March 2019.
How big is unit 505?
321 sqft (29.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.
What is unit 505 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 505, Millenium Tower by Uniestate
Starts from the last sale price (AED 280K, 2 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 280,000
- Deposit, UAE resident (20%)
- AED 56,000
- Deposit, non-resident (40%)
- AED 112,000
- Monthly over 25 years at 3.7%
- AED 1,146
Plus AED 14,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →