Unit 502, Millennium Binghatti Residences: what it sold for and what it is worth now

Unit 502 at Millennium Binghatti Residences is a studio of 525 sq ft. It last sold for AED 650,000 on 15 Jun 2021. At AED 1,801 per sq ft, from 6 sales in the building in the last 12 months (studio), it is worth about AED 946,000 today.

Value todayAED 946,000AED 891,000 to AED 1,061,000
Last saleAED 650,00015 Jun 2021 · Off-plan
Change since last sale+45.5%Building trend alone: AED 873,205
Rent (median asking, studio)AED 70,000Gross yield 7.4%
Bedroomsstudio
Size525 sq ft
Floor5 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingMillennium Binghatti Residences by Binghatti Developers, handed over 2021
Registered sales of this unit1

Every registered sale of unit 502

DatePriceSizeAED/sq ftType
15 Jun 2021AED 650,000525 sq ft1,238Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80225 Sep 2025AED 939,000561 sq ft1,674Resale
20228 Feb 2025AED 820,000532 sq ft1,541Resale
150223 Sep 2024AED 840,000529 sq ft1,588Resale
18026 Jun 2024AED 860,000532 sq ft1,617Resale
10029 May 2024AED 800,000550 sq ft1,455Resale
130224 Oct 2023AED 775,000528 sq ft1,468Resale
18026 Mar 2023AED 650,000532 sq ft1,222Resale
7025 Jul 2022AED 650,000552 sq ft1,178Resale

Latest studio sales in Millennium Binghatti Residences

UnitDatePriceSizeAED/sq ftType
150713 Jul 2026AED 900,000436 sq ft2,064Resale
14053 Jul 2026AED 1,000,000528 sq ft1,894Resale
10E0224 Apr 2026AED 725,000534 sq ft1,358Resale
20911 Mar 2026AED 860,000508 sq ft1,693Resale
61022 Jan 2026AED 950,000556 sq ft1,709Resale
40711 Dec 2025AED 1,150,000446 sq ft2,578Resale
80225 Sep 2025AED 939,000561 sq ft1,674Resale
30722 Aug 2025AED 1,000,000439 sq ft2,278Resale

How we worked out the value

We took the 6 sales in Millennium Binghatti Residences in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,801). We multiplied it by the size of this unit (525 sq ft). The range uses the middle half of those sales (AED 1,697 to AED 2,022 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 873,205. Floor, view, condition and upgrades can move the price either way. Sales data to 29 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 502 at Millennium Binghatti Residences worth?

About AED 946,000 (range AED 891,000 to AED 1,061,000), based on AED 1,801 per sq ft from registered sales up to 29 Sep 2026.

When did unit 502 last sell?

15 Jun 2021, for AED 650,000 (off-plan). It has 1 registered sale.

What rent can unit 502 make?

A studio in Millennium Binghatti Residences rents for about AED 70,000 a year (median asking rent). That is a gross yield of 7.4% on the estimate.

Sales alert for Millennium Binghatti ResidencesAll sales in Millennium Binghatti Residences

Unit 501 · Unit 503