508, Millenium Tower by Uniestate
Sold prices and rental history: sold twice, last in January 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Millenium Tower by Uniestate
What is 508 worth today?
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Source: Dubai Land Department. Updated 10 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 568 sqft
- Floor
- 5th of 9
- Parking
- P1-04
- Developer
- Uniestate Properties
- Completed
- 2012
- Last sold
- AED 380K · January 2024
- Building
- Millenium Tower by Uniestate
About 508, Millenium Tower by Uniestate
508 is a studio of 568 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 25 January 2024 for AED 380,000, or AED 668 per sqft, 17% below the AED 801 studios in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 10 July 2025, is AED 48,000 a year: a gross yield of 12.6% on the 2024 price.
Sales and rents for 508 over time
508 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 508 sits
All 86 studios →508 last sold in January 2024 at AED 668 per sqft, 17% below what studios in Millenium Tower by Uniestate were fetching at the time (AED 801). 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. 508's AED 48,000 is in the upper 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 | |
| 505 | Studio | 321 sqft | AED 280KAED 280,000 · Jan 2023January 2023 | 31,500 /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 | |
| 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 |
508, Millenium Tower by Uniestate in numbers
- Sold twice: first on 21 February 2019 for AED 280,000, last on 25 January 2024 for AED 380,000 (AED 668 per sqft).
- Rented since March 2019 on 3 Ejari contracts. The rent fell from AED 38,000 to AED 24,000 in 2020 and recovered to AED 48,000 by July 2025.
- At AED 48,000 a year the gross yield on the 2024 price is 12.6%.
- 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 10 July 2025.
Questions about 508, Millenium Tower by Uniestate
What did unit 508 last sell for?
AED 380,000 on 25 January 2024: AED 668 per sqft for 568 sqft. The unit has 2 registered sales; the first was AED 280,000 in February 2019.
What is the rent for unit 508?
AED 48,000 a year on the contract signed on 10 July 2025. The previous contract, from September 2020, was AED 24,000; the unit has been rented since March 2019.
How big is unit 508?
568 sqft (52.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2012.
What is unit 508 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 508, Millenium Tower by Uniestate
Starts from the last sale price (AED 380K, 25 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →