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Sold for AED 2,050,000: 2-Bedroom Apartment in Millennium Binghatti Residences Business Bay

Its price per sqft is −1% vs the Millennium Binghatti Residences Business Bay median (AED 1,478/sqft).

All Business Bay salesMillennium Binghatti Residences Business Bay prices

Sale price

AED 2,050,000

Per sqft
AED 1,462
Registered
8 May 2026, 15:14 (Dubai)

01 / Price history

This unit's history

Every registration of this 2-bedroom apartment in Millennium Binghatti Residences Business Bay: same layout, exact size (1,402 sqft) and parking bay P1-45. The registry has no unit numbers, so records are matched on these details.

  1. 8 May 2026This sale

    1,402 sqft · AED 1,462/sqft · Ready

    First recordAED 2,050,000

  2. 8 May 2026Mortgage

    Same day as previous · 1,402 sqft · AED 1,170/sqft · Ready

    20%lower than the previous recordAED 1,640,000
Records
2
Registered
Same day
as the mortgage, 8 May 2026
Loan to value
80%
AED 1.64M mortgage on the AED 2.05M sale

02 / The property

Property details

Size
1,402 sqft · 130.25 m²
Bedrooms
2 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P1-45
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Millennium Binghatti Residences Business Bay (21 Jan 2026 – 29 Sept 2026)

13 market sales. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
29 Sept 20261.4M−32% vs selected1,274−13% vs selected
23 Jul 20261.59M−22% vs selected1,141−22% vs selected
13 Jul 2026900K−56% vs selected2,066+41% vs selected
3 Jul 20261M−51% vs selected1,894+30% vs selected
2 BR · 1,402 sqftReadySelected sale
8 May 20262.05M1,462
24 Apr 2026725K−65% vs selected1,358−7% vs selected
16 Mar 20261.55M−24% vs selected1,418−3% vs selected
11 Mar 2026860K−58% vs selected1,694+16% vs selected
6 Feb 20262.36M+15% vs selected1,652+13% vs selected
6 Feb 20261.25M−39% vs selected1,478+1% vs selected
22 Jan 20261.2M−41% vs selected1,475+1% vs selected
22 Jan 2026950K−54% vs selected1,709+17% vs selected
21 Jan 20261.4M−32% vs selected1,634+12% vs selected

04 / Renting it out

What similar apartments rent for

Median of 207 market rents of apartments of 1,192–1,612 sq ft in Business Bay. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 125,000
Per sqft / yr
AED 88/sqft
Gross yield
6.1%