Dubai Land Department Off-Plan Register

Millennium Binghatti Residences Business Bay Launch Prices

Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

179 developer launch sales registered at Millennium Binghatti Residences Business Bay between Jul 2018 and Nov 2021: 100% apartments, most commonly studio units, typically around 619 sqft.

Launch sales
179
DLD off-plan registrations, all time
Median launch /sqft
AED 1,252
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 400,0002,273,187
Min – max registered

Bed mix: Studio 52% · 1-bed 24% · 2-bed 24%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Millennium Binghatti Residences Business Bay, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2018 Q35AED 1,192
2018 Q46AED 1,431
2019 Q13AED 1,098
2019 Q223AED 1,738
2019 Q322AED 1,477
2019 Q415AED 1,436
2020 Q118AED 1,489
2020 Q23AED 1,390
2020 Q35AED 1,295
2020 Q46AED 1,183
2021 Q130AED 978
2021 Q237AED 1,046
2021 Q35AED 1,102
2021 Q41AED 1,340
Two different markets

Launch vs Resale

Millennium Binghatti Residences Business Bay also has 147 ready-market resales registered with the DLD, the first on 16 August 2021 - 37 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
147
40 in the last 2 years
Resale median /sqft
AED 1,498
last 2 years
Resale vs launch
+20%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Millennium Binghatti Residences Business Bay →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
551 sqft · 1 November 2021
AED 738,576
AED 1,340 /sqft
Apartment · Studio
477 sqft · 4 August 2021
AED 638,250
AED 1,338 /sqft
Apartment · 1 Bed
829 sqft · 2 August 2021
AED 914,231
AED 1,102 /sqft
Apartment · Studio
537 sqft · 29 July 2021
AED 652,200
AED 1,214 /sqft
Apartment · 2 Bed
1,628 sqft · 29 July 2021
AED 1,600,000
AED 983 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Business Bay

Off-plan in Business Bay

Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.

All Business Bay projects

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