Studio · 346 sqftMillenium Tower by Uniestate, Dubai Silicon Oasis · 7th floor · completed 2012

702, Millenium Tower by Uniestate

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 360K18 November 2024
Current rentAED 28K /yr4 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Millenium Tower by Uniestate

What is 702 worth today?

Last sold for AED 360,000 in 2024

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18 Nov 2024SoldReady
AED 360,000AED 1,038 per sqft
4 May 2024RentedRenewal
AED 27,925/yr12 months · AED 81 per sqft
4 May 2023RentedNew contract
AED 28,000/yr12 months · AED 81 per sqft
17 Apr 2022RentedRenewal
AED 23,000/yr12 months · AED 67 per sqft
17 Jul 2021RentedRenewal
AED 23,000/yr9 months · AED 67 per sqft
6 Dec 2020SoldReady
AED 230,000AED 663 per sqft
8 Apr 2019Sold by developerReady
AED 313,000AED 903 per sqft
30 Aug 2018RentedNew contract
AED 34,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
Studio apartment
Size
346 sqft
Floor
7th of 9
Parking
P2-21
Developer
Uniestate Properties
Completed
2012
Last sold
AED 360K · November 2024

About 702, Millenium Tower by Uniestate

702 is a studio of 346 sqft on the 7th floor of Millenium Tower by Uniestate, a 9-storey tower in Dubai Silicon Oasis completed in 2012 by Uniestate Properties. It last sold on 18 November 2024 for AED 360,000, or AED 1,038 per sqft, 11% above the AED 939 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 4 May 2024, is AED 27,925 a year: a gross yield of 7.8% on the 2024 price.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical studio in Millenium Tower by Uniestate
200K400K600K20182020202220242026Typical 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 313,000 (AED 903 per sqft)Sold, December 2020: AED 230,000 (AED 663 per sqft)Sold, November 2024: AED 360,000 (AED 1,038 per sqft)

702 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 702, 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, August 2018: AED 34,000 a yearRenewal, July 2021: AED 23,000 a yearRenewal, April 2022: AED 23,000 a yearNew contract, May 2023: AED 28,000 a yearRenewal, May 2024: AED 27,925 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 702 sits

All 86 studios →

702 last sold in November 2024 at AED 1,038 per sqft, 11% above what studios in Millenium Tower by Uniestate were fetching at the time (AED 939). 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. 702's AED 27,925 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
7011-bedAED 1.32M · Dec 2025
703StudioNo registered sale
704AED 549K · Nov 2025
705StudioAED 299K · Nov 2018
7061-bedAED 1.04M · Apr 2025
707StudioNo registered sale
708StudioAED 568K · Mar 2025
1–7 of 13

702, Millenium Tower by Uniestate in numbers

  • Sold 3 times: first on 8 April 2019 for AED 313,000, last on 18 November 2024 for AED 360,000 (AED 1,038 per sqft).
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 34,000 to AED 23,000 in 2022 and recovered to AED 27,925 by May 2024.
  • At AED 27,925 a year the gross yield on the 2024 price is 7.8%.
  • 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 18 November 2024.

Questions about 702, Millenium Tower by Uniestate

What did unit 702 last sell for?

AED 360,000 on 18 November 2024: AED 1,038 per sqft for 346 sqft. The unit has 3 registered sales; the first was AED 313,000 in April 2019.

What is the rent for unit 702?

AED 27,925 a year on the contract renewed on 4 May 2024. The previous contract, from May 2023, was AED 28,000; the unit has been rented since August 2018.

How big is unit 702?

346 sqft (32.1 sqm): a studio on the 7th floor of a 9-storey tower completed in 2012.

What is unit 702 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 702, Millenium Tower by Uniestate

Starts from the last sale price (AED 360K, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →