Millennium Binghatti Residences Business Bay in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Millennium Binghatti Residences Business Bay

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	41	27,744	1,150,000
1	89	14,039	1,248,584

Rents in Millennium Binghatti Residences Business Bay

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	57	1,283	72,500
1	76	1,316	100,000
2	131	1,145	150,000

The cap rate (rental yield) of investments into Millennium Binghatti Residences Business Bay project is 7.4% on average.

The price of an apartment in Millennium Binghatti Residences Business Bay is 16,629 AED/sqm on average.

The long term rent of an apartment in Millennium Binghatti Residences Business Bay is 1,234 AED/sqm/year on average.

Price for completed Studio apartment in Millennium Binghatti Residences Business Bay is 1,150,000 AED or 27,744 AED/sqm.
Price for completed 1 bedroom apartment in Millennium Binghatti Residences Business Bay is 1,248,584 AED or 14,039 AED/sqm.

Rent for Studio apartment in Millennium Binghatti Residences Business Bay is 72,500 AED or 1,283 AED/sqm.
Rent for 1 bedroom apartment in Millennium Binghatti Residences Business Bay is 100,000 AED or 1,316 AED/sqm.
Rent for 2 bedroom apartment in Millennium Binghatti Residences Business Bay is 150,000 AED or 1,145 AED/sqm.

About Millennium Binghatti Residences Business Bay

'Millennium Binghatti Residences Business Bay' in 'Business Bay' area project description

Millennium Binghatti Residences is a luxury residential tower developed by Binghatti Developers in the heart of Business Bay, Dubai. This 29-storey building, inspired by Millennium Hotels and Resorts, houses 230 units including furnished studios (435-715 sq ft), 1-bedroom apartments (810-1,265 sq ft), and 2-bedroom apartments (1,315-2,145 sq ft), spread across 19 residential floors above a four-storey podium with four retail units (1,375-2,399 sq ft).

Construction commenced around Q4 2021, with units now ready for occupancy as of recent listings. The architecture features a distinctive wavy facade with sharp geometric lines in white and gold finishes, drawing from traditional mashrabiya elements of Al Fahidi (Al Bastakiya) for privacy, shading, and adaptation to desert climate. Apartments twist strategically for optimal sunlight and panoramic views of the Dubai Water Canal and skyline. Interiors boast designer fittings, spacious layouts, signature Binghatti balconies, and hotel-inspired lobbies with Italian marble, decorative art panels, and premium materials.

Amenities elevate daily living with an infinity swimming pool, children's pool and play area, gymnasium, health club, sauna and steam rooms, Jacuzzi, landscaped gardens, BBQ areas, basketball and tennis courts, jogging trails, prayer hall, 24/7 security, concierge, high-speed elevators, covered parking, retail outlets, supermarkets, restaurants, dining outlets, and a community hall.

Its prime location on Plot No. 346-551 along the Dubai Water Canal offers seamless connectivity via Sheikh Zayed Road and Al Khail Road. Key landmarks are within 5 minutes by car: Downtown Dubai, Dubai Mall, Burj Khalifa, DIFC, and Meydan. Dubai Creek Harbour and Dubai International Airport lie minutes away. Walking access to the Dubai Canal Promenade provides waterfront leisure. Jumeirah beaches are a 15-minute drive via major highways.

Nearby projects include Binghatti Skyhall, Binghatti Skyrise, and Binghatti Dawn, reinforcing Business Bay's dynamic residential cluster amid commercial hubs. The area blends urban vibrancy with green surroundings, sports courts, spas, schools, hospitals, and shopping malls, making it a sought-after destination for modern lifestyles.

Q&A on Millennium Binghatti Residences Business Bay

What are the closest medical clinics to 'Millennium Binghatti Residences Business Bay' project in Dubai?

- Mediclinic Dubai Mall: Located in the Dubai Mall, approximately a 10-minute drive from Millennium Binghatti Residences.
- Aster Clinic Business Bay: Situated in Aspect Tower, Executive Towers, about a 5-minute drive from Millennium Binghatti Residences.
- Emirates Hospital Clinic Business Bay: Located in Bay Avenue, Executive Towers, roughly a 7-minute drive from the residence.
- OraCare Dental Clinic: Situated in Vision Tower, approximately a 5-minute drive from Millennium Binghatti Residences.
- Dr. Rami Hamed Center: Located in Building 49, Dubai Healthcare City, around a 12-minute drive from the property.
- Blue Tree Clinics: Situated in Al Wasl Road, about a 13-minute drive from Millennium Binghatti Residences.