Studio · 347 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 6th floor · completed 2012

602, Millenium Tower by Uniestate

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

Unit 602 · DLD and Ejari recordsUpdated 4 July 2023
Last soldAED 305K15 April 2019
Current rentAED 28K /yr4 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Millenium Tower by Uniestate

What is 602 worth today?

Last sold for AED 305,000 in 2019

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4 Jul 2023RentedNew contract
AED 28,000/yr12 months · AED 81 per sqft
4 Jun 2020RentedNew contract
AED 22,500/yr12 months · AED 65 per sqft
17 Feb 2020RentedNew contract
AED 23,000/yr12 months · AED 67 per sqft
15 Apr 2019Sold by developerReady
AED 305,000AED 879 per sqft
4 Oct 2018RentedNew contract
AED 34,000/yr12 months · AED 98 per sqft
15 Sep 2018RentedNew contract
AED 34,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 4 July 2023.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
6th of 9
Parking
P2-31
Developer
Uniestate Properties
Completed
2012
Last sold
AED 305K · April 2019

About 602, Millenium Tower by Uniestate

602 is a studio of 347 sqft on the 6th 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 15 April 2019 for AED 305,000, or AED 879 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 5 Ejari contracts. The current contract, signed on 4 July 2023, is AED 28,000 a year: a gross yield of 9.2% on the 2019 price.

Sales and rents for 602 over time

Sales
Unit 602, 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, April 2019: AED 305,000 (AED 879 per sqft)

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

Rents
Unit 602, 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, October 2018: AED 34,000 a yearNew contract, February 2020: AED 23,000 a yearNew contract, June 2020: AED 22,500 a yearNew contract, July 2023: AED 28,000 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 602 sits

All 86 studios →

602 last sold in April 2019 at AED 879 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. 602's AED 28,000 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
11.2%
Millenium Tower by Uniestate, Dubai Silicon Oasis: prices, sales and rents →
Value
601AED 1.26M · Aug 2025
603StudioAED 313K · May 2019
604StudioAED 258K · Mar 2023
605StudioAED 258K · Mar 2023
6061-bedNo registered sale
607StudioAED 523K · May 2025
608StudioAED 568K · Oct 2024
1–7 of 13

602, Millenium Tower by Uniestate in numbers

  • Sold once: by Uniestate Properties on 15 April 2019 for AED 305,000, or AED 879 per sqft.
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 34,000 to AED 22,500 in 2020 and recovered to AED 28,000 by July 2023.
  • At AED 28,000 a year the gross yield on the 2019 price is 9.2%.
  • 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 4 July 2023.

Questions about 602, Millenium Tower by Uniestate

What did unit 602 last sell for?

AED 305,000 on 15 April 2019, sold by the developer: AED 879 per sqft for 347 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 28,000 a year on the contract signed on 4 July 2023. The previous contract, from June 2020, was AED 22,500; the unit has been rented since September 2018.

How big is unit 602?

347 sqft (32.2 sqm): a studio on the 6th floor of a 9-storey tower completed in 2012.

What is unit 602 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 602, Millenium Tower by Uniestate

Starts from the last sale price (AED 305K, 15 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 305,000
Deposit, UAE resident (20%)
AED 61,000
Deposit, non-resident (40%)
AED 122,000
Monthly over 25 years at 3.7%
AED 1,248

Plus AED 15,720 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →