Unit 506, Millennium Binghatti Residences: what it sold for and what it is worth now

Unit 506 at Millennium Binghatti Residences is a studio of 460 sq ft. It last sold for AED 1,000,000 on 4 Jul 2025. At AED 1,801 per sq ft, from 6 sales in the building in the last 12 months (studio), it is worth about AED 829,000 today.

Value todayAED 829,000AED 781,000 to AED 930,000
Last saleAED 1,000,0004 Jul 2025 · Resale
Change since last sale-17.1%Building trend alone: AED 972,513
Rent (median asking, studio)AED 70,000Gross yield 8.4%
Bedroomsstudio
Size460 sq ft
Floor5 (from the unit number)
Position in the towerStack 06: units ending 06 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 506

DatePriceSizeAED/sq ftType
4 Jul 2025AED 1,000,000460 sq ft2,174Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
110631 May 2024AED 1,050,000481 sq ft2,183Resale
130614 Mar 2024AED 1,000,000479 sq ft2,088Resale
90625 Dec 2023AED 950,000467 sq ft2,034Resale
130621 Dec 2023AED 800,000479 sq ft1,670Resale
180630 Nov 2023AED 975,000459 sq ft2,124Resale
8067 Sep 2023AED 880,000462 sq ft1,905Resale
20619 Jul 2023AED 875,000473 sq ft1,850Resale
40629 May 2023AED 870,000463 sq ft1,879Resale

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 (460 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 972,513. 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 506 at Millennium Binghatti Residences worth?

About AED 829,000 (range AED 781,000 to AED 930,000), based on AED 1,801 per sq ft from registered sales up to 29 Sep 2026.

When did unit 506 last sell?

4 Jul 2025, for AED 1,000,000 (resale). It has 1 registered sale.

What rent can unit 506 make?

A studio in Millennium Binghatti Residences rents for about AED 70,000 a year (median asking rent). That is a gross yield of 8.4% on the estimate.

Sales alert for Millennium Binghatti ResidencesAll sales in Millennium Binghatti Residences

Unit 505 · Unit 508