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About Millennium Binghatti Residences
Millennium Binghatti Residences pairs Binghatti's signature interlocking balcony facade with Millennium Hotels hospitality management, placing furnished residences directly on the Dubai Water Canal in Business Bay. The roughly AED 400 million tower offers studios through three-bedroom homes with hotel-grade services.
Launch-era pricing started at around AED 756,000, and a 10% booking structure was offered at the time. Resale medians have been reported around AED 1.25 million over the past year as canal-front stock in Business Bay has appreciated.
The project was targeted for delivery in early 2021 and is now listed as ready by most portals, so buyers today are looking at completed, often tenanted, units rather than off-plan stock.
At a glance
Millennium Binghatti Residences key facts
- Developer
- Binghatti Developers
- Community
- Business Bay
- Status
- Handover soon
- Handover
- Completed (2021)
- Starting price
- AED 756K
- Unit types
- Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Millennium Binghatti Residences
- 01
Agree the price
Agree terms with the seller of a unit at Millennium Binghatti Residences, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Binghatti Developers issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Direct Dubai Water Canal frontage in central Business Bay
- Millennium Hotels-managed, furnished serviced residences
- Completed asset with established rental history
What to weigh
- Listing sites conflict on status, with some still showing stale 'announcing' or sold-out flags
- Serviced-residence service charges are typically higher than standard apartment towers
- Canal-front Business Bay has heavy new supply from newer Binghatti towers nearby
FAQ
Millennium Binghatti Residences — frequently asked questions
What is the starting price of Millennium Binghatti Residences?
Published pricing at Millennium Binghatti Residences starts from AED 756K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Millennium Binghatti Residences?
Millennium Binghatti Residences is scheduled for handover in Completed (2021). Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Millennium Binghatti Residences?
Millennium Binghatti Residences is developed by Binghatti Developers in Business Bay, Dubai.
What unit types are available at Millennium Binghatti Residences?
Millennium Binghatti Residences offers Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Millennium Binghatti Residences located?
Millennium Binghatti Residences is in Business Bay, Dubai.
Can foreigners buy at Millennium Binghatti Residences?
Yes. Business Bay is a freehold area, so buyers of any nationality can own property at Millennium Binghatti Residences outright.
Does buying at Millennium Binghatti Residences qualify for the UAE Golden Visa?
The entry price of AED 756K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Millennium Binghatti Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 30K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Millennium Binghatti Residences?
MRK Real Estate advises on primary purchases and resales at Millennium Binghatti Residences. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Binghatti Developers before any transaction.
