Project · Transactions · 2022

Millennium Binghatti Residences Business Bay Property Transactions 2022

48 property sales worth ⃃ 45.31M were registered in Millennium Binghatti Residences Business Bay in 2022, 61.0% lower than 2021 by number of sales. The median sale price was ⃃ 887,500 and the median price per square foot ⃃ 1,087 (+2.7% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 48 salesUpdated: 19 Oct 2026
Property sales
48
−61.0% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 45.31M
−62.5% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 887,500
−2.9% vs 2021
48 sales
Median price per sq ft
⃃ 1,087
+2.7% vs 2021
48 sales

What types of property sold in Millennium Binghatti Residences Business Bay in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4797.9%⃃ 44.41M⃃ 875,000⃃ 1,098
Commercial12.1%⃃ 900K⃃ 900,000⃃ 1,077

How were 2022 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)2245.8%⃃ 18.01M⃃ 684,990⃃ 1,095
Resale (secondary)2654.2%⃃ 27.3M⃃ 962,500⃃ 1,076
Ready48100%⃃ 45.31M⃃ 887,500⃃ 1,087

How many rental contracts were registered in Millennium Binghatti Residences Business Bay in 2022?

111 rental contracts (new and renewed) were registered in Millennium Binghatti Residences Business Bay in 2022, at a median annual rent of ⃃ 65,000 (+8.3% on 2021). Rental yields in Millennium Binghatti Residences Business Bay

What were the most expensive property sales in Millennium Binghatti Residences Business Bay in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/09/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,419 sq ft⃃ 1,650,000Resale · Ready
24/05/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,402 sq ft⃃ 1,600,000Resale · Ready
03/11/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,323 sq ft⃃ 1,580,000Resale · Ready
12/12/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,402 sq ft⃃ 1,565,000Resale · Ready
22/11/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,441 sq ft⃃ 1,520,000Resale · Ready
11/05/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,484 sq ft⃃ 1,460,000Resale · Ready
11/03/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,593 sq ft⃃ 1,400,000Primary · Ready
27/07/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,327 sq ft⃃ 1,300,000Resale · Ready
05/12/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,415 sq ft⃃ 1,300,000Resale · Ready
05/01/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,408 sq ft⃃ 1,200,000Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
12/12/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,402 sq ft⃃ 1,565,000Resale · Ready
08/12/2022Millennium Binghatti Residences Business Bay1 bed · Apartment888 sq ft⃃ 975,000Resale · Ready
05/12/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,415 sq ft⃃ 1,300,000Resale · Ready
22/11/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,441 sq ft⃃ 1,520,000Resale · Ready
03/11/2022Millennium Binghatti Residences Business Bay1 bed · Apartment834 sq ft⃃ 750,000Resale · Ready
03/11/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,323 sq ft⃃ 1,580,000Resale · Ready
11/10/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,410 sq ft⃃ 1,200,000Primary · Ready
27/09/2022Millennium Binghatti Residences Business Bay2 beds · Apartment1,419 sq ft⃃ 1,650,000Resale · Ready
26/09/2022Millennium Binghatti Residences Business BayStudio · Apartment458 sq ft⃃ 750,000Resale · Ready
13/09/2022Millennium Binghatti Residences Business BayStudio · Apartment467 sq ft⃃ 750,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2022 with the whole of 2021.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/millennium-binghatti-residences-business-bay/2022
Millennium Binghatti Residences Business Bay Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/millennium-binghatti-residences-business-bay/2022

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Millennium Binghatti Residences Business Bay in 2022?
48 property sales worth ⃃ 45,311,980 were registered in Millennium Binghatti Residences Business Bay in 2022. That is 61.0% lower than 2021.
What was the median property price in Millennium Binghatti Residences Business Bay in 2022?
The median sale price was ⃃ 887,500 and the median price per square foot ⃃ 1,087 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Millennium Binghatti Residences Business Bay were off-plan or from developers?
Developer (primary) sales were 45.8% of the 48 sales and resales 54.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/millennium-binghatti-residences-business-bay/2022