Studio · 523 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 5th floor · completed 2012

507, Millenium Tower by Uniestate

Sold prices and rental history: no registered sale, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 January 2024
Current rentAED 30K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Millenium Tower by Uniestate

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1 Jan 2024RentedRenewal
AED 30,188/yr9 months · AED 58 per sqft
1 Jan 2023RentedRenewal
AED 26,000/yr12 months · AED 50 per sqft
1 Jan 2022RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
1 Jan 2021RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
4 Sep 2019RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
4 Sep 2018RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
5th of 9
Parking
P1-03
Developer
Uniestate Properties
Completed
2012
Last sold
No registered sale

About 507, Millenium Tower by Uniestate

507 is a studio of 523 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 2018 on 6 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 30,188 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 557,000

No registered sale of 507; the dashed line is the studio median of each year in the building.

Rents
Unit 507, 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 40,000 a yearRenewal, September 2019: AED 40,000 a yearNew contract, January 2021: AED 28,000 a yearRenewal, January 2022: AED 25,000 a yearRenewal, January 2023: AED 26,000 a yearRenewal, January 2024: AED 30,188 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 507 sits

All 86 studios →

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. 507's AED 30,188 is at the bottom 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
502StudioAED 310K · Feb 2019
503StudioAED 313K · Mar 2019
504StudioAED 270K · Mar 2023
505StudioAED 280K · Jan 2023
5061-bedAED 1.15M · Jun 2025
508StudioAED 380K · Jan 2024
1–7 of 13

507, Millenium Tower by Uniestate in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 25,000 in 2022 and recovered to AED 30,188 by January 2024.
  • 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 1 January 2024.

Questions about 507, Millenium Tower by Uniestate

What is the rent for unit 507?

AED 30,188 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 26,000; the unit has been rented since September 2018.

How big is unit 507?

523 sqft (48.6 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.

What is unit 507 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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