Millennium Binghatti Residences Business Bay

Ready

DeveloperBinghatti Developers FZE

CommunityBusiness Bay

AreaBusiness Bay

Started

8 years 3 months ago25-09-2017

Handover

4 years 6 months ago15-07-2021

Status

CompleteFinished

Project Description

3B+G+3P+10 TYP+Service Floor+9 TYP+TERRACE FLR with internal and external finishes. Residential building with retail at ground floor.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+25%

Growth

Current:AED 1,983/sqft

Last 12M:AED 1,583/sqft

Momentum: Last 12Mvs Prior Year

Rising

+4%

Growth

Last 12M:AED 1,583/sqft

Prior Year:AED 1,522/sqft

Community Compare: Last 90DBusiness Bay

Discount

-30%

Below Avg

Project:AED 1,756/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

21Sold (Last 12M)

Supply & Demand Matrix

Millennium Binghatti Residences Business Bay averaged 9% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

118 units

8 sold110 left

Velocity

1 Bedroom

60 units

8 sold52 left

13%

Velocity

2 Bedrooms

62 units

5 sold57 left

Velocity

Shop

6 units

0 sold6 left

Velocity

Layouts & Units (246)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 3 units	Type Flat	Beds 1 B/R	Size 829 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 1 month ago	Sales 1

Units 3 units	Type Flat	Beds Studio	Size 443 sqft	Avg Price AED 917K	Last Price AED 1.1M	Last Sold about 1 month ago	Sales 3

Units 5 units	Type Flat	Beds 1 B/R	Size 1,085 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold about 2 months ago	Sales 8

Units 3 units	Type Flat	Beds Studio	Size 561 sqft	Avg Price AED 846K	Last Price AED 939K	Last Sold 4 months ago	Sales 3

Units 3 units	Type Flat	Beds 2 B/R	Size 1,409 sqft	Avg Price AED 1.6M	Last Price AED 2.1M	Last Sold 4 months ago	Sales 5

Units 3 units	Type Flat	Beds 1 B/R	Size 878 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 5 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,507 sqft	Avg Price AED 2.4M	Last Price AED 2.0M	Last Sold 5 months ago	Sales 2

Units 2 units	Type Flat	Beds Studio	Size 438 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold 5 months ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 889 sqft	Avg Price AED 1.0M	Last Price AED 1.3M	Last Sold 5 months ago	Sales 3

Units 3 units	Type Flat	Beds 2 B/R	Size 1,324 sqft	Avg Price AED 1.7M	Last Price AED 2.0M	Last Sold 5 months ago	Sales 4

Units 4 units	Type Flat	Beds 1 B/R	Size 835 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold 6 months ago	Sales 3

Units 911	Type Flat	Beds 1 B/R	Size 911 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 6 months ago	Sales 1

Units 13 units	Type Flat	Beds Studio	Size 527 sqft	Avg Price AED 740K	Last Price AED 810K	Last Sold 6 months ago	Sales 10

Units 503	Type Flat	Beds 1 B/R	Size 857 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 7 months ago	Sales 1

Units 7 units	Type Flat	Beds Studio	Size 462 sqft	Avg Price AED 852K	Last Price AED 1.0M	Last Sold 7 months ago	Sales 5

Units 3 units	Type Flat	Beds 1 B/R	Size 1,099 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold 7 months ago	Sales 5

Units 1204	Type Flat	Beds 2 B/R	Size 1,389 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold 8 months ago	Sales 1

Units 11 units	Type Flat	Beds Studio	Size 532 sqft	Avg Price AED 799K	Last Price AED 820K	Last Sold 11 months ago	Sales 7

Units 6 units	Type Flat	Beds Studio	Size 546 sqft	Avg Price AED 734K	Last Price AED 900K	Last Sold 11 months ago	Sales 3

Units 3 units	Type Flat	Beds 2 B/R	Size 1,428 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold 12 months ago	Sales 2

Units R01	Type Flat	Beds 1 B/R	Size 1,332 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold about 1 year ago	Sales 2

Units 6 units	Type Flat	Beds 2 B/R	Size 1,398 sqft	Avg Price AED 1.3M	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 6

Units 2 units	Type Flat	Beds 1 B/R	Size 841 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 1

Units 10 units	Type Flat	Beds Studio	Size 536 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold over 1 year ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,423 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold over 1 year ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 851 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold over 1 year ago	Sales 1

Units 3 units	Type Flat	Beds Studio	Size 481 sqft	Avg Price AED 950K	Last Price AED 1.1M	Last Sold over 1 year ago	Sales 3

Units 6 units	Type Flat	Beds Studio	Size 508 sqft	Avg Price AED 712K	Last Price AED 950K	Last Sold over 1 year ago	Sales 3

Units 10 units	Type Flat	Beds Studio	Size 550 sqft	Avg Price AED 778K	Last Price AED 800K	Last Sold over 1 year ago	Sales 6

Units 5 units	Type Flat	Beds 2 B/R	Size 1,413 sqft	Avg Price AED 1.6M	Last Price AED 2.2M	Last Sold over 1 year ago	Sales 3

Units 2 units	Type Flat	Beds Studio	Size 565 sqft	Avg Price AED 783K	Last Price AED 935K	Last Sold almost 2 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,385 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold almost 2 years ago	Sales 1

Units 5 units	Type Flat	Beds 2 B/R	Size 1,393 sqft	Avg Price AED 1.5M	Last Price AED 1.8M	Last Sold almost 2 years ago	Sales 2

Units 3 units	Type Flat	Beds Studio	Size 454 sqft	Avg Price AED 815K	Last Price AED 920K	Last Sold about 2 years ago	Sales 2

Units 4 units	Type Flat	Beds Studio	Size 465 sqft	Avg Price AED 857K	Last Price AED 950K	Last Sold about 2 years ago	Sales 3

Units 3 units	Type Flat	Beds Studio	Size 475 sqft	Avg Price AED 875K	Last Price AED 875K	Last Sold over 2 years ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 1,107 sqft	Avg Price AED 1.0M	Last Price AED 1.1M	Last Sold over 2 years ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 901 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold almost 3 years ago	Sales 1

Units 1803	Type Flat	Beds 1 B/R	Size 872 sqft	Avg Price AED 950K	Last Price AED 950K	Last Sold almost 3 years ago	Sales 1

Units 708	Type Flat	Beds 2 B/R	Size 1,368 sqft	Avg Price AED 1.4M	Last Price AED 1.3M	Last Sold almost 3 years ago	Sales 2

Units 1507	Type Flat	Beds Studio	Size 436 sqft	Avg Price AED 950K	Last Price AED 950K	Last Sold almost 3 years ago	Sales 1

Units 204	Type Flat	Beds 2 B/R	Size 1,441 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold about 3 years ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,419 sqft	Avg Price AED 1.3M	Last Price AED 1.6M	Last Sold over 3 years ago	Sales 3

Units 101	Type Flat	Beds 1 B/R	Size 937 sqft	Avg Price AED 935K	Last Price AED 935K	Last Sold over 3 years ago	Sales 1

Units 604	Type Flat	Beds 2 B/R	Size 1,484 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 3 years ago	Sales 1

Units 103	Type Flat	Beds Studio	Size 715 sqft	Avg Price AED 790K	Last Price AED 790K	Last Sold almost 4 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 515 sqft	Avg Price AED 590K	Last Price AED 600K	Last Sold almost 4 years ago	Sales 2

Units R04	Type Flat	Beds 2 B/R	Size 1,593 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold almost 4 years ago	Sales 1

Units 4 units	Type Flat	Beds Studio	Size 541 sqft	Avg Price AED 603K	Last Price AED 600K	Last Sold almost 4 years ago	Sales 2

Units 4 units	Type Flat	Beds Studio	Size 428 sqft	Avg Price AED 810K	Last Price AED 810K	Last Sold almost 4 years ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 813 sqft	Avg Price AED 850K	Last Price AED 850K	Last Sold about 4 years ago	Sales 1

Units 6 units	Type Flat	Beds Studio	Size 522 sqft	Avg Price AED 625K	Last Price AED 600K	Last Sold about 4 years ago	Sales 2

Units 3 units	Type Flat	Beds Studio	Size 450 sqft	Avg Price AED 700K	Last Price AED 700K	Last Sold about 4 years ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 845 sqft	Avg Price AED 930K	Last Price AED 930K	Last Sold about 4 years ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 820 sqft	Avg Price AED 930K	Last Price AED 930K	Last Sold over 4 years ago	Sales 1

Units 4 units	Type Flat	Beds 2 B/R	Size 1,405 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 4 years ago	Sales 1

Units 704	Type Flat	Beds 2 B/R	Size 1,447 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 4 years ago	Sales 1

Units SHOP-6	Type Shop	Beds —	Size 836 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP-5	Type Shop	Beds —	Size 1,008 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP-4	Type Shop	Beds —	Size 1,252 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP-3	Type Shop	Beds —	Size 1,289 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP-2	Type Shop	Beds —	Size 1,451 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP-1	Type Shop	Beds —	Size 2,869 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1003	Type Flat	Beds 1 B/R	Size 825 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1911	Type Flat	Beds 1 B/R	Size 866 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10E10	Type Flat	Beds 1 B/R	Size 907 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 109	Type Flat	Beds 1 B/R	Size 1,058 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1212	Type Flat	Beds 1 B/R	Size 1,082 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 1,092 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,093 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 110	Type Flat	Beds 1 B/R	Size 1,229 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1208	Type Flat	Beds 2 B/R	Size 1,310 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1308	Type Flat	Beds 2 B/R	Size 1,314 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 908	Type Flat	Beds 2 B/R	Size 1,330 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,343 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 208	Type Flat	Beds 2 B/R	Size 1,361 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1201	Type Flat	Beds 2 B/R	Size 1,382 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1504	Type Flat	Beds 2 B/R	Size 1,464 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1904	Type Flat	Beds 2 B/R	Size 1,472 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 304	Type Flat	Beds 2 B/R	Size 1,481 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1804	Type Flat	Beds 2 B/R	Size 1,494 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1604	Type Flat	Beds 2 B/R	Size 1,498 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R02	Type Flat	Beds 2 B/R	Size 1,628 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R03	Type Flat	Beds 2 B/R	Size 2,037 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 2 B/R	Size 2,092 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 2 B/R	Size 2,154 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 425 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 472 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 556 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 107	Type Flat	Beds Studio	Size 584 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Flat	Beds Studio	Size 618 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 108	Type Flat	Beds Studio	Size 644 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds Studio	Size 665 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

93 unique layouts covering 246 units